Latest Stock Market News

DLF shares down 0.98% as Nifty gains

Updated at : 2024-08-29 14:50:04

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A total of 36,767 shares changed hands on the counter till 01:19PM (IST).

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As of 30-Jun-2024, promoters held 39.98 per cent stake in the company, while FIIs held 28.25 per cent and domestic institutional investors had 7.79 per cent.

Genus Power Share Price: The AMISP includes the design of advance metering infrastructure (AMI) system with supply, installation, and commissioning with FMS of about 55.9 lakh smart prepaid meters, system meters including DT Meters with corresponding energy accounting on DBFOOT basis.

The SME IPO index recently reached the 1 lakh mark, but faced a drop on Thursday as Sebi warned investors against blindly investing in SME stocks. Sebi highlighted that some promoters create unrealistic pictures of their operations. Investors are urged to be cautious and avoid relying on unverified social media posts or rumours.

Tube Investments declines 3.42% as Sensex climbs

Updated at : 2024-08-29 14:50:04

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The stock traded at a P/E multiple of 64.29, while the price-to-book value ratio stood at 14.15.

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"The Board of Directors is scheduled to be held September 5, 2024, to consider and recommend to the shareholders for their approval, issue of bonus shares in the ratio of 1:1 to the equity shareholders of the company by capitalization of reserves," the company said in a filing.

Cryptocurrencies rose on Thursday ahead of key U.S. GDP and job data. Bitcoin gained nearly 1% to $59,724, while Ethereum rose 3.6% to $2,557. Market cap increased to $2.1 trillion.

Mphasis shares drop 0.23% as Sensex rises

Updated at : 2024-08-29 13:25:02

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On the technical charts, the RSI of the stock stood at 66.91.

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Gautam Adani tops the 2024 Hurun India Rich List with a 95% wealth increase, followed by Mukesh Ambani and Shiv Nadar. The list shows India’s rising billionaire count.

We started with COVID when the money was sought from global investors. They have spent over three to four years, depending which partner we are looking at and scenario is ready and ripe, whether they harvest with the current market condition within the next 6 months or 12 months, I am quite sure retail and Jio, one of them will have a listing and it looks like retail will be first or Jio will be first is the debate. It looks like telecom may go first and retail follow.

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