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SBFC Finance stands out as a rapidly expanding non-banking financial company (NBFC) with robust earnings growth and stable asset quality, said Anubhuti Mishra, Equity Research Analyst at Swastika Investmart.

​ETMarkets has collated a list of major counters whose RSIs have crossed the 70 mark from below, suggesting they have entered into the overbought state. Typically, this is considered a bearish sign. Note the data is from the previous trading day.​

The Relative Strength Index of the stock stood at 65.59 on Wednesday.

"The stake sale would take place soon," a government official said, adding that while the government is yet to decide the exact quantum of sale, it will aim to sell up to 11% in multiple tranches.

While we had a thrust of the flexible packaging on the export side but given the thrust we had on the aseptic packaging on the export side so we have achieved a new high in our export volumes as well as our revenues.

Under the OFS, shares up to Rs 300 crore will be offloaded by Pradeep Ghisulal Rathod, up to Rs 670 crore by Pankaj Ghisulal Rathod, Rs 380 crore by Gaurav Pradeep Rathod.

The BSE SmallCap Index made waves on August 16, 2023, as several stocks hit new 52-week highs, demonstrating remarkable growth and market strength.

“As long as Bank Nifty does not close below 43,869 on a weekly basis, this should be a point from where the index finds support. The risk reward to being bullish on the market is much higher than the bearish stance. Therefore, one should look at opportunities. Stocks have dipped. They are giving the opportunity to enter and that should be looked into very closely.”

A total of 19,755,351 shares changed hands on the counter till 02:05PM (IST)

As of 30-Jun-2023, promoters held 0.0 per cent stake in the company, while FIIs held 34.99 per cent and domestic institutional investors had 37.49 per cent.