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RITES Share Price: The company announced a final dividend of Rs 5 per share and a 1:1 bonus share issue earlier in July for its eligible shareholders, while later announcing September 20 as the record date for both in August.

ITD Cementation Share Price: At current market value, a successful deal would be pegged at 5,888.57 crore ($700 million), inclusive of a fully subscribed open offer that will follow a promoter stake purchase.

In 2024, Indian equity markets reached record highs, but banking, FMCG, and metals sectors underperformed. The Nifty Bank index rose by just 9%, the Nifty FMCG index gained 13%, and the Nifty Metal index increased by around 16.7%. Analysts suggest these sectors may still offer value for medium-term investors.

The stock quoted a 52-week high price of Rs 1541.3 and low of Rs 959.55.

I think to some extent it will, but you have to distinguish between ferrous and non-ferrous. I think non-ferrous is where I see more value. Ferrous, there is demand also. So, even if there is demand coming in, but there is supply also which is there and the China factor where things are not picking up in China, so there is a lot of supply come from China, plus even India a lot of supply is also coming in.

Promoters held 46.86 per cent stake in the company as of 30-Jun-2024, while FII and DII ownership stood at 9.51 per cent and 7.24 per cent, respectively.

JM Financial has buy call on Ami Organics with a target price of Rs 1,965. The current market price of Ami Organics is Rs 1,602.

A total of 411,173 shares changed hands on the counter till 11:06AM (IST)