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The stock traded at a P/E multiple of 30.04, while the price-to-book value ratio stood at 4.27.

Indian shares were muted on Tuesday, weighed by a pullback in information technology stocks after a recent rally.

Capital Small Finance Bank, which filed its DRHP in September 2023, is among the leading SFBs in India in terms of cost of funds, retail deposits, and CASA deposits for FY23. ​The issue comprises a fresh issue equity issue of Rs 450 crore and an OFS of 24.12 lakh equity shares by existing investors.

A total of 149,045 shares changed hands on the counter till 02:12PM (IST)

Vinod Karki expects a peak in the profit to GDP cycle to drive the emergence of $1 trillion companies in India by 2032. He believes that companies like HDFC Bank, Reliance, and Bajaj Finance have the potential to reach this milestone based on their past growth rates and hurdle rates. However, TCS is not included in the list due to its lower earnings growth and higher hurdle rate. Valuations are currently at an all-time high, and Karki does not anticipate any further PE reratings to define these $1 trillion companies.

The net interest earned during the reported quarter stood at Rs 5,171.50 crore which was up 25% year-on-year (YoY) versus Rs 4,130.56 crore in the corresponding quarter of the previous financial year. It was up over 2% on a quarter-on-quarter (QoQ) basis versus Rs 5,067.96 in Q2FY24.

Short buildup means more people are expecting the prices to go down and creating short positions.

Several largecaps outperformed the benchmark Nifty50 on a 1-week and 3-month basis as of January 15, according to StockEdge.​

The IPO of Maxposure, a new-age media and entertainment company, is generating strong investor interest. The issue has been oversubscribed by over 100 times on the second day of bidding, with the overall subscription at 106 times. Retail investors have subscribed 184 times, followed by NIIs at 105 times. The QIB portion was booked 3.65 times. The IPO aims to raise Rs 20.26 crore and the net proceeds will be used for certifications, working capital, debt repayment, and general purposes.