Latest Stock Market News

​Whereas, from small value orders which are related to spares, part of that revenue recognition can happen in this financial year and definitely most of it will happen in next financial year.

As of 30-Jun-2023, promoters held 0.22 per cent stake in the company, while FIIs held 33.4 per cent and domestic institutional investors had 30.0 per cent.

We have Maruti in our portfolio. But besides that we have never bought into autos because frankly, again, a big part of business which is cyclical and most of the times I avoid cyclicals because I always say that I do not understand commodities very well and these are trades.

“The issue is whether you can get in and out of a stock at the right time. You identify what is stagnating, you get out and get into something else and then do well or you hold on to the stock and invest in other growth stocks to help you to push your portfolio returns? Power ancillaries and railways are the two sectors where I see double-digit growth between 15% and 20%.”

Airtel Uganda managing director Manoj Murali said the company was offering 8 billion shares worth 800 billion Ugandan shillings ($216.22 million). Murali said the offer was opening immediately and would close on Oct. 31.

The Relative Strength Index of the stock stood at 53.51 on Tuesday.

In a status report, Sebi gave a detailed breakdown of the steps taken during its investigation but does not reveal specific findings. It told the top court in its filing that out of the 24 matters it was probing, findings in as many as 22 are final.

A total of 536,385 shares changed hands on the counter till 12:23PM (IST)

The stock quoted a 52-week high price of Rs 2471.2 and a 52-week low of Rs 1660.65.

Smallcaps are indeed the most attractive and exciting space in the capital markets and have been known to create the biggest wealth compounders over the years – provided one practices enough due diligence, patience, and discipline while investing in this segment