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PVR INOX, incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 16733.27 Crore) operating in Media & Entertainment sector.

The crossing of the 200-day Simple Moving Average (SMA) can often signal significant shifts in stock price trajectories.

It owns a fleet of about 484 construction equipment assets which includes crushers, excavators, loaders, dozers, paver machines, ready mix concrete plants, concrete mixtures, cranes, tractors and transportation vehicles from some of the leading suppliers.

The stock quoted a 52-week high price of Rs 4984.1 and a 52-week low of Rs 3310.0.

Even though Jio Financial is part of the Nifty50 and Sensex, the stock will trade in the “trade-for-trade” segment in the first 10 trading days. Therefore, it will trade in upper and lower circuit limits of 5%. This is unlike other index stocks, which do not have circuit breakers as they trade in the derivatives segment.

"While we will be able to conclude this transaction and all the regulatory approvals are expected to be in place in the next two months, we are considering raising some debt. We have a healthy cash position and healthy cash generation ability in the business. The rest of the businesses will continue to get their capital share for their growth strategy."

A total of 42,984 shares changed hands on the counter till 01:05PM (IST)

Kacholia offloaded 1.8 lakh shares of SJS Enterprises for Rs 640 apiece in a bulk deal.

ICICI Securities has buy call on Somany Ceramics with a target price of Rs 939. The current market price of Somany Ceramics is Rs 682.9.

Promoters held 63.21 per cent stake in the company as of 30-Jun-2023, while FII and DII ownership stood at 23.53 per cent and 4.24 per cent, respectively.