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Brokerages recently began coverage on five stocks, including Bajaj Finserv, KIMS, and Samvardhana Motherson, with varying buy and sell ratings.

The Indian rupee rose by 0.05% to 83.9250 on Friday, supported by hopes of a significant rate cut by the Federal Reserve next week. This development also boosted most Asian currencies and dollar-rupee forward premiums. Traders expect the rupee to remain rangebound due to continued demand for dollars from importers.

​So, US central bank has the best position to start the rate cut cycle vis-a-vis other economies, especially European Union, so that limits the extent to which dollar can fall. But, all said and done, we have interacted when dollar was what, 107, 108, even those days, imagine, now it is closer to 100, 101, 102, I mean that is a much better number.

Other jewellery stocks like Senco Gold and Goldiam International also hit their fresh 52 week highs of Rs 1,292.45 and Rs 374, respectively. The stocks were up by 4% and 6% in the same order.

As of 30-Jun-2024, promoters held 62.93 per cent stake in the company, while FIIs held 11.91 per cent and domestic institutional investors had 3.49 per cent.

A total of 4,412 shares changed hands on the counter till time (IST).

Campus Activewear shares surged by 24% over the past five trading sessions to hit an all-time high on BSE despite a decline in Q1 FY25 financials. Brokerage firms remain optimistic with buy ratings and target prices set at Rs 305 and Rs 335.

A long buildup indicates a bullish trend with rising open interest and volumes. On Friday, five stocks saw new long positions.

The stock traded at a P/E multiple of 90.07, while the price-to-book value ratio stood at 12.75.