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The company said Q2 profitability too remained under stress due to divergent trends in the spot and future prices of edible oils. The local edible oil prices were also under pressure due to excessive imports by industry in recent months.

The stock market marked a significant day on October 4 as several major stocks displayed their strength by crossing their 50-day Simple Moving Averages (SMA)

The company has fixed October 13 as the record date for the purpose of ascertaining the eligibility of shareholders entitled for issue of bonus shares. The proposed bonus issue is was already approved at the annual general meeting of the company.

The stock quoted a 52-week high price of Rs 411.5 and a 52-week low of Rs 251.25.

Global equities took a hit this week as U.S. and European bond yields surged on bets that interest rates will remain higher for longer, with U.S. economy staying resilient and policymakers claiming rates will not fall anytime soon.

Investing in large-cap stocks that have recently crossed their 100-day SMA can offer potential opportunities for investors seeking stability and growth in established companies.

HDFC Bank, which merged with its housing finance parent Housing Development Finance Corp. Ltd. on July 1, remained the biggest Indian bank by market capitalization.The market cap of the combined company grew 21.63 per cent in the third quarter.

The market capitalisation of all listed companies on BSE increased by Rs 1.21 lakh crore to Rs 317.87 lakh crore. ​​From the Sensex pack, L&T, M&M, Titan, TCS, and Maruti closed in the green, while Power Grid, Nestle, NTPC, HCL Tech and Bajaj Finance ended with cuts

All major IT firms, including Infosys, TCS, Wipro and HCLTech, have previously warned that clients, the majority of which are U.S.-based, have been lowering their IT spending, delaying and even cancelling contracts, as economic growth slows and on fears of higher-for-longer interest rates.

ETMarkets presents 10 stocks that have experienced this bullish formation, potentially signaling exciting opportunities for investors.