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Hurun India Rich List 2024: India has witnessed a significant increase in wealth, adding a new billionaire every five days in the past year. The Hurun India Rich List 2024 reports 334 billionaires, with notable growth in wealth across various sectors. The total number of wealthy individuals in India has reached 1,539, showcasing diverse wealth creators.

The stock traded at a P/E multiple of 15.41, while the price-to-book value ratio stood at 5.78.

A total of 7,601 shares changed hands on the counter till time (IST).

Mirae Asset Capital Markets has announced its top 10 stock picks for the next quarter, focusing on companies with strong performance, growth potential, and stable financials.

PB Fintech Share Price: Shares of PB Fintech, parent of Policybazaar, surged by 3.5% on BSE after a likely 2.1% equity stake sale worth Rs 1,610 crore via a block deal, with Tencent reportedly being the seller. The stock has delivered impressive returns over the past year and reported a consolidated net profit of Rs 60 crore for Q1 2024.

As of 30-Jun-2024, promoters held 0.0 per cent stake in the company, while FIIs held 23.93 per cent and domestic institutional investors had 15.03 per cent.

Despite negative publicity from the Hindenburg report, Gautam Adani’s family wealth surged by 95% to Rs 11.6 lakh crore over the past year, adding Rs 5,65,503 crore, according to the 2024 Hurun India Rich List. As a self-made entrepreneur, Adani achieved the highest wealth growth among the top 10 over the past five years, increasing his net worth by Rs 10,21,600 crore despite the Hindenburg crisis.

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 F&O segment.

A total of 3,581 shares changed hands on the counter till 12:02PM (IST)

A long buildup, marked by rising open interest and trading volumes with a stock price increase, signals a bullish trend. On Thursday, five stocks saw fresh long positions.