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The company, which also operates in the United States and Saudi Arabia, said its revenue from operations more than tripled to 40.69 billion rupees. The total expenses came in at 38.79 billion rupees, as input costs nearly doubled.

"If someone is only talking about returns and especially high returns, then that is the first red flag for me because if I am not sure about the product especially if it is investments, people should be talking about what my ambition is from my money, what my aspirations are for my family and how can my money take me there."

"Coming to Adani Enterprises, instead of retail investors, this kind of business is definitely more meaningful if you are an institutional investor like pension fund, insurance fund, sovereign fund or a large-sized hedge fund, because it is producing unlocking of value in coming years. Also, I see the entire infrastructure portfolio of the company at the group level to begin with and then respective companies thereafter."

Insecticides (India), a leading agrochemicals company, showcased impressive market performance by crossing its 100-day SMA at Rs 457.99, with a closing price of Rs 464.55 on August 3.

Several prominent midcap stocks achieved new 52-week highs on August 4, indicating strong market performance and investor confidence. Abbott India, MRF, Astral, and others took centre stage, making a significant impact in their respective sectors.

Total expenses of the company rose to Rs 5,595.47 crore in the quarter from Rs 5,006.50 crore in the same period a year ago.

On August 3, Thursday, StockEdge reported 11 stocks that were trading in the overbought zone but exhibited bearish or declining RSI trends. ETMarkets has handpicked 5 stocks from the pack, delving into the significance of RSI and its impact on decision-making.

The Nifty Bank index closed 0.82 per cent up at 44879.5.

Recent data for the quarter ended June 2023 reveals that Dhawan has made his holdings in around 12 stocks public. The cumulative value of these holdings is approximately Rs 3,109 crore as of August 3rd.

"We saw an opportunity with an attractive valuation at less than 1x P/B for a very solid bank with a strong management team. We will explore potential for synergies as well," M&M said in a release while announcing its quarterly numbers.