Latest Stock Market News

The issue, which closes on September 8, comprises fresh equity of Rs 542 crore and an offer for sale of up to 4.45 million equity shares. Under the OFS, Devang Vasantlal Gandhi will offload up to 1.25 million equity shares. Jointly with Neeta Gandhi, Devang will sell 9 lakh units

The stocks that crossed their 50-day SMA on August 31 reflect strong market sentiment and growth potential.

“Almost 50% sold in August were properties costing above a crore. About 14% apartments are upwards of Rs 5 crore. This segment used to be very small a year and a half or two back. Luxury housing all over the country was in a bad phase. It is only last year, in a year and a half, that luxury housing has been growing in sizes like never before.”

A total of 1,574,971 shares changed hands on the counter till 02:00PM (IST)

The stock quoted a 52-week high price of Rs 630.0 and low of Rs 365.35.

In this insightful article, we delve into the world of Relative Strength Index (RSI) and its significance in assessing stock movements. With data sourced from StockEdge and ETMarkets, we identify 10 stocks that recently witnessed RSI trading down.

The oil and gas sector added 1.6% as crude prices rose due to tightening supplies and expectations that the OPEC+ group of oil producers would extend output cuts to the end of the year.

Drawing data from StockEdge and ETMarkets, we present a list of 10 stocks that recently entered the overbought zone. Discover how RSI can help investors make informed decisions and gain insights into these selected stocks to navigate the market effectively.

"I do not think there is any revenge travel anymore. This is just the new way of life. One thing Covid has taught us for the long term is that life is very fragile and the best way to live in the moment is to travel and this is what we are seeing. The average ticket volume or the average value also has increased. People are opting more for four star, five star; people are opting more for villas; people are opting more for business class travel"

The stock traded at a P/E multiple of 59.73, while the price-to-book value ratio stood at 2.34.