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​Now, remember that the free float in these is very less because government owns 51% of the holdings and then the institutions hold some more, so the free float is very less.

MK Surana, Former CMD of HPCL, discussed the favorable position of oil marketing companies with crude prices below $80 and improving margins. He further noted their transition to new growth areas and partnerships with EV companies, predicting promising prospects over the next three to five years despite ongoing pricing challenges.

Suzlon Energy Share Price: Retail investors booked profits in Suzlon Energy shares in the June quarter, while FIIs and mutual funds raised their holdings. The stock surged impressively, gaining 90% since April and over 300% in the past year. Suzlon aims to strengthen its presence with a major acquisition in Renom Energy Services.

The project involves upgrading a 6-lane road in Gujarat within 2.5 years. The company previously secured a similar project last month.

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Promoters held 0.0 per cent stake in the company as of 30-Jun-2024, while FII and DII ownership stood at 24.44 per cent and 3.22 per cent, respectively.

The PSUs have clearly outperformed over the last couple of years, but it is after almost a decade of underperforming. So, as a result, they probably got beaten down too much. They were very cheaply valued and some sort of bounce back or reversion to the mean was probably warranted and so that is what you saw playing out

​We also try to engage with the companies and try to help them along the way in terms of building up their governance standards, the board structure, in terms of transparency to the market, communication to the market and this is a long-term journey.

Cryptocurrencies saw notable declines, with Bitcoin dropping by 2.3% and Ethereum falling by 2.8%, ahead of key U.S. economic data. Anticipated policy moves and labor data revisions could influence market directions. Experts suggested potential rallies for Bitcoin if jobless claims decrease, while other major cryptocurrencies like BNB and Solana also faced downturns.

IRCTC shares up 0.67% as Nifty gains

Updated at : 2024-08-21 13:20:01

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A total of 86,659 shares changed hands on the counter till time (IST).

Cera Sanitaryware, which approved a Rs 130-crore share buyback earlier this month, will open bidding on August 22 and close it on August 28. Eligible shareholders can place their bids during this period, with the settlement of bids expected to be completed by September 4.

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