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The Relative Strength Index of the stock stood at 54.31 on Tuesday.

Its revenue from operations stood at Rs 166.7 crore in the June quarter of the current financial year, up 8.6% YoY as compared to Rs 153.5 crore in the same quarter of the previous financial year. Meanwhile, its total income stood at Rs 169.8 crore in Q1 FY24 as compared to Rs 158.4 crore in Q1 FY23.

So, it is definitely EPS accretive. Otherwise, we would not have done that. We have priced the acquisition right. We believe we have been fair in pricing it and we believe that the possibility of revenue growth as well as margin growth in that asset exists

A total of 9,484 shares changed hands on the counter till 01:24PM (IST)

ETMarkets has identified nine banking stocks that have more than doubled investor wealth within a span of just a year.

The state-run company which has a market capitalisation of Rs 7,031.26 crore informed about the development in its filing to the exchanges on Tuesday. The price action was accompanied by high volume action as over 1.20 crore shares traded on the NSE at 12:15 pm.

“Among textiles stocks, Gokuldas has been trending higher like Raymond. But one stock, which still has a lot of upside potential from here and is offering a good risk reward is Himatsingka Seide. It is trading in the Rs 149-150 range. The overall range for this stock has been narrowing and it is forming a good triangular pattern on the yearly charts as well.”

"The crypto market remained stable over the weekend, with the total market capitalization hovering around $1.05 trillion. The upcoming week is anticipated to bring heightened market volatility due to various significant macroeconomic events," said CoinDCX Research Team.

The stock quoted a 52-week high price of Rs 1408.0 and a 52-week low of Rs 1092.0.

This article delves into the significance of RSI, explaining its importance in assessing stock movement. We explore 10 stocks that witnessed a downward trend in RSI and discuss how investors can utilize this information in their investment strategies.