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Mahanagar Gas Ltd. key Products/Revenue Segments include Gas Natural, Other Operating Revenue and Pipes & Fittings for the year ending 31-Mar-2022.

Promoters held 63.21 per cent stake in the company as of 30-Sep-2023, while FII and DII ownership stood at 23.52 per cent and 4.8 per cent, respectively.

The government plans to sell 100 billion rupees ($1.2 billion) of a 2073 bond on Friday, according to the Reserve Bank of India. Bajaj Allianz Life Insurance Co. Ltd. and HDFC Life Insurance Co. Ltd. anticipate demand for the paper will be strong as insurers try to lock in higher yields to take care of long-term commitments.

The stock quoted a 52-week high of Rs 630.0 and a 52-week low of Rs 410.55.

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“25-28% is the range of the margin in which we have wanted to operate. This year, we were hoping to get closer to the 25% rate when we were in Q1 and Q2. But given the current demand trajectory, it is going to take some more time to get back to that 25% mark.”

"In terms of sector preferences, large private banks are currently experiencing an advantage of fall in the Net Interest Margins (NIMs), although they maintain robust credit growth and stable asset quality. Most of these banks are well-capitalized, and their valuations align with historical averages. Meanwhile, the pharmaceutical sector is showing resilience with steady performance in the domestic market."

"Thematic funds are meant only for very sophisticated investors who understand the sectoral market cycles well. They will always be popular amongst the investors because of the wrong reasons. Let me explain why. Thematic funds are volatile because of its concentrated nature of stock selection and investors’ returns depend a lot on the entry and exit timing and hence it becomes very difficult to make money using thematic funds."

“Midcaps are better positioned from a perspective of fundamentals. Pricing wise, we have seen prices decline on both the small and midcap side. Both have roughly corrected 6-5% in this month so far. I would believe that in general the correction has given us a better time to get into midcaps.”

Stocks that were in focus included names like ZEE, which rose 0.06%, SBI Card, which declined 5.05%, and IDFC First Bank, whose shares dropped 3.08% on Monday.