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The company has reported an EBITDA of Rs 3,090 crore in the July-September period, up 76% YoY from Rs 1,759 crore a year ago. Meanwhile, margins improved to 19.6% in the reporting period.

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While Gold Exchange Traded Funds (ETFs) combine the flexibility of stock investment and the simplicity of gold investments and are traded in the cash market, Sovеrеign Gold Bonds (SGBs) can be purchased from the secondary markets.

Analyst has identified 10 companies which will pave their way to a cleaner India. As a caveat, he said that the stocks are not Buy or Sell recommendations.

“ Among the high-risk rockets, is GMDC, a stock which had done exceptionally well in the mid part of 2023,The risk reward being in favour, the GMDC stock is completing a major retracement towards its 200-day moving average. That also looks very attractive and from a high-risk basket specifically, the stock holds potential to retest the previous highs and cross those levels.”

Apollo Hospitals is expected to post 9% growth year-on-year in its net profit while revenues are seen rising 14% year-on-year, according to Nuvama Equities.

The Relative Strength Index of the stock stood at 54.76 on Wednesday.

A total of 1,496 shares changed hands on the counter till 02:10PM (IST)

The offer comprises entirely an offer for sale (OFS) of up to 2.95 crore equity shares. Under the OFS, promoters Kuldip Singh Rathee and Vijay Rathee will offload 2.06 crore shares and 88.7 lakh shares respectively.