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Solve Plastic Products listed on the NSE SME platform at a 12% premium, opening at Rs 102 per share. Its IPO of 13.02 lakh fresh equity shares was oversubscribed over 30 times. The funds will be used for capital expenditure, working capital, and other corporate purposes. The company manufactures uPVC and Rigid PVC pipes.

Marico rises 0.62% as Sensex climbs

Updated at : 2024-08-21 11:20:01

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The stock traded at a P/E multiple of 57.43, while the price-to-book value ratio stood at 16.73.

In fact, if you are looking on tax as a philosophy because this is sort of just one side of the debate, if the prices are going the way they are and the government wants to bring them under control and promote consumption and whatever else, there is a need for a reduction of indirect taxes

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The Relative Strength Index of the stock stood at 58.02 on Wednesday.

The Nifty Realty index was trading 1.04 per cent down at 1041.4.

In the options market, the highest Open Interest (OI) for Call options is concentrated at the 25,000 and 25,500 strikes. For Put options, the maximum OI is at 24,500 and 24,000 strikes. Call writing activity is observed at 24,700 and 25,000 strikes, while Put writing is seen at 24,700 and 24,600 strikes.

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Bank of Baroda, incorporated in the year 1911, is a banking company (having a market cap of Rs 131533.60 Crore).

After a robust performance, 30 PSU stocks have entered the bear market, prompting mutual funds and FIIs to reduce stakes. Despite strong government reforms bolstering these stocks, experts indicate current valuations are high and a correction period may be necessary. PSUs with high capital efficiency may continue to attract investors.

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