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The stock quoted a 52-week high price of Rs 5425.0 and low of Rs 3834.0.

Shares of Mazagon Dock Shipbuilders, India’s only shipyard to have built destroyers and conventional submarines for the navy, have gone through the roof, rising 122% so far this year. Shares of Data Patterns, a vertically-integrated defence and aerospace electronics solutions provider have rallied 87%, Hindustan Aeronautics (HAL) has advanced over 50%, while Bharat Electronics and Garden Reach Shipbuilders & Engineers have surged 26% each on a year-to-date (YTD) basis.

Going by the draft papers, Piramal Pharma will issue fully paid-up equity shares of the company by way of a rights issue to its existing eligible shareholders for an amount aggregating up to Rs 1,050 crore.

Reliance Strategic Investments, part of Indian conglomerate Reliance Industries, will be demerged on July 20 and renamed Jio Financial Services (JFS). Estimates by five analysts suggest that the valuation of the financial services could be between INR160 ($1.95) and INR190 ($2.32) per share. .

As of 30-Jun-2023, promoters held 0.0 per cent stake in the company, while FIIs held 12.45 per cent and domestic institutional investors had 5.57 per cent.

The stock quoted a 52-week high of Rs 4606.0 and a 52-week low of Rs 3292.65.

ETMarkets analysis of mutual funds focuses on stocks exclusively held by a single scheme. Initially, the list contained 176 stocks in June.

"We recommend investors to buy RIL before the record date i.e. 20th Jul’23 and believe it to be a more economical way to buy Jio Financial Services which is likely to list at Rs 160/share (1x RIL’s treasury stock value)," said Eesha Shah of Axis Securities.

The Relative Strength Index of the stock stood at 47.83 on Tuesday.

“In the case of ICICI Bank, the weekly daily charts, momentum is already in the buy mode, getting higher in an upward sloping channel. ICICI is heading towards Rs 1,010 levels. That would be its short-term target and one can place a stop loss at Rs 960.”