Latest Stock Market News

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.

​So, what we see is that overall we see that investors are getting mature. However, those clients who have not been in the market for a long time and who are new to the markets, there we see lot of interest in small cap, midcaps.

Notable stocks that crossed their 100 SMA include Johnson Controls - Hitachi Air Conditioning India, Apcotex Industries, Monte Carlo Fashions, Rane Holdings, Aditya Birla Fashion and Retail, Tube Investments of India, Cummins India, and more.