Latest Stock Market News

The SME IPO of SPP Polymer opens for subscription today, aiming to raise Rs 24 crore through a fresh equity issue. The company offers packaging solutions to various industries and plans to list shares on the NSE SME platform. The IPO closes on September 12, with shares priced at Rs 59 each.

Promoters held 74.65 per cent stake in the company as of 30-Jun-2024, while FII and DII ownership stood at 9.22 per cent and 6.81 per cent, respectively.

​In social infra, if you see healthcare, real estate and now the announcement of new industrial cities. If you see some marquee announcements, there have been the announcements on chips, on mobile manufacture, on batteries with Ambanis.

The acute shortage of good public health care that is very clearly leading to a shift of popular movement from public health care facilities to private and that is playing out across India. So, the companies which are listed, take a hard look and I would recommend healthcare stocks across the board.

GMR Airports Infrastructure is set to acquire an additional 10% equity stake in Delhi International Airport for $126 million, increasing its stake to 74%. The seller, Fraport AG, will retain its role as airport operator. The transaction is expected to be completed within 180 days.

The ideal situation occurs when a company effectively manages its debt while simultaneously growing its sales and profits. We focused on companies with a market cap exceeding Rs 2,000 crore.

The stock quoted a 52-week high price of Rs 11173.0 and a 52-week low of Rs 6634.6.

The Relative Strength Index of the stock stood at 52.38 on Tuesday.

A total of 16,358 shares changed hands on the counter till 02:07PM (IST)

A short buildup occurs when there is a rise in open interest and trading volumes, coupled with a decrease in the price of the underlying stock in the Futures and Options segment.