Latest Stock Market News

Promoters held 0.0 per cent stake in the company as of 30-Jun-2024, while FII and DII ownership stood at 21.85 per cent and 6.74 per cent, respectively.

The Nifty Pharma index was trading 0.2 per cent up at 23179.55.

Trideep Bhattacharya, CIO-Equities at Edelweiss MF, discusses the importance of having a balanced mix of large, mid, and small-cap funds in flexi cap portfolios. He emphasizes the potential of NBFCs, insurance, capital markets, and private banks within financial services. Bhattacharya also highlights midcap opportunities in consumer durables, power themes, and IT services.

Envirotech Systems is a leading acoustic engineering organization specializing in noise measurement and control for industrial and commercial applications. Incorporated in 2007, the company has expanded its capabilities to include innovative acoustical product design and manufacturing.

On the technical charts, the RSI of the stock stood at 56.55.

Popular Foundation Share Price: Popular Foundations IPO included a fresh equity issue of 53.7 lakh shares, with the company aiming to raise nearly Rs 20 crore through the offering. The company offered shares at Rs 37 each, with a minimum bid of 3,000 shares per lot.

The stock is trading above its 5-day, 10-day, 20-day, 30-day, 50-day, 100-day, 150-day, and 200-day simple moving averages (SMAs).

A total of 95,886 shares changed hands on the counter till 11:41AM (IST).

The stock traded at a P/E multiple of 16.32, while the price-to-book value ratio stood at 1.7.

3 stocks from the Nifty200 pack came to the bullish scanner of "White Marubozu",