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In otherwise weak markets, the BSE shares saw significant price action which was backed with strong volume as 18,70,050 shares changed hands on the NSE around 11:15 am.

“In PSU banks, in a lot of places, in the next year-year and a half, there could be a chance of a doubler from here. A few of them have already doubled or maybe more than that but still there is a lot of space in the PSU banking universe. That is the trade for the next one year.”

For this approval, Jubilant is eligible for 180 days of exclusivity through the ‘Competitive Generic Therapy’ designation from the US FDA.

The stock quoted a 52-week high price of Rs 1101.55 and a 52-week low of Rs 793.7.

“If you are picking stocks individually, then you have to have faith in that company that you are invested in. But ultimately long term wealth and long term compounding can only happen in the hold phase. So, be patient and be aware of what you are doing. Be patient and be aware of what you are doing.”

A total of 49,417 shares changed hands on the counter till 12:58PM (IST).

Hindalco Industries Ltd. key Products/Revenue Segments include Copper/Copper Products, Fertilizers, Other Operating Revenue, Sale of services for the year ending 31-Mar-2023.

Leading auto company Eicher Motors on Friday posted a 55% growth in its consolidated net profit to Rs 1,016 crore in the September 2023 quarter from Rs 657 crore a year ago.

The December gold futures were trading at Rs 59,604 per 10 gram, down by Rs 148 or 0.25% from the Thursday closing price. Meanwhile, the December silver futures were trading at Rs 69,231 per kg, lower by Rs 801 or 1.14%.

Promoters held 62.55 per cent stake in the company as of 30-Sep-2023, while FII and DII ownership stood at 12.21 per cent and 7.68 per cent, respectively.