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As per Trendlyne data, the average target price of the stock is Rs 917, which shows an upside of 22.5% from the current market prices.

On the technical charts, the RSI of the stock stood at 63.36.

The stock quoted a 52-week high price of Rs 27013.0 and low of Rs 17900.0.

India’s March quarter gold demand fell 17% to its lowest level in a decade and is expected to remain low during the June and September quarters due to recent record high prices, according to the World Gold Council (WGC). Subdued gold imports threaten to limit any possible rally in global prices, with bullion trading at all-time highs. Lower gold demand could also aid in reducing India’s trade deficit and support the rupee. Two-thirds of India’s gold demand usually originates from rural areas.

According to a report from primeinfobase.com, as many as 10 companies have the highest number of HNI shareholders.

VP Nandakumar, the promoter of Indian NBFC Manappuram Finance, has had his personal assets frozen after Enforcement Directorate (ED) raids as part of a money-laundering investigation. Shares in Manappuram fell almost 14%, driven by the asset freeze, including 19,29,01,996 equity shares in the company held by Nandakumar himself. He said the concerns had to do with a previous firm, Manappuram Agro Farms, which no longer exists.

A total of 4,020 shares changed hands on the counter till time (IST).

Varun Beverages Limited (VBL) stock has an upside potential of over 11% in the short term, with positive technical indicators. The stock is a candidate for long-term investment, offering a potential upside of 21% over the next 12 months, supported by robust fundamentals. VBL is a key player in the beverage industry, and its growth has improved with the addition of new territories in the domestic market and expansion in international markets, says Sharekhan. However, any change in carbonated beverage products policy or incremental tax on the beverage products will act as a key risk to earnings estimates, Sharekhan cautioned.

The stock quoted a 52-week high price of Rs 10760.4 and a 52-week low of Rs 5708.1.

The success of the mutual fund industry in India is attributed to its track record, transparency, technology, and campaigns like Mutual Fund Sahi Hai. The total SIPs have doubled from Rs. 7,000 crore to Rs. 14,000 crore in the past five years, and the number of SIPs has surged 10 times from 60 lakh to 6.5 crores in the past ten years. While interest rate and GDP fluctuations remain a concern, the mutual fund industry must focus on encouraging wider equity participation for older age people, and aim to increase the number of unique investors to ten-fold in the next decade.