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Trendlyne data shows that Vedanta has declared 40 dividends since July 23, 2001. On Monday, it announced an interim dividend payout of Rs 18.5 per share, the first one for FY24.

Crompton Greaves Consumer Electricals, incorporated in the year 2015, is a Mid Cap company (having a market cap of Rs 16815.56 Crore) operating in Consumer Durables sector.

Prashant Jain, believes defence stocks are highly sustainable businesses with growth tailwinds and government support, but their PE multiples have already rerated. Jain is optimistic about large, technology-driven financial institutions like SBI and ICICI, which are well-placed to leverage the current digital environment. While defence manufacturing and railways are long cycle businesses, Jain anticipates they will still grow between 10-15% per year over the next 5 to 10 years, even if there is no further increase in PE multiples.

Adani Enterprises has seen a 38% rally in the three days after the initial findings of the Supreme Court-led panel were released in the Adani-Hindenburg case. Adani Green Energy has also turned into a multibagger with a rise of 114% from its January lows, while shares of Adani Ports and Special Economic Zone have reached levels seen prior to the Hindenburg report, rising 8%. The Supreme Court panel did not find any regulatory lapse with respect to stock price manipulation as alleged by Hindenburg Research. Adani Total Gas and ACC are yet to see a visible recovery, rebounding only 14% from their 52-week lows.

A total of 4,228 shares changed hands on the counter till 01:33PM (IST)

The stock traded at a P/E multiple of 67.97, while the price-to-book value ratio stood at 44.25.

Price rebounding after taking support at 50% retracement of current up move and 20 day EMA, signaling further upsides.

The Nifty Bank index was trading 0.26 per cent up at 44000.2.

The stock traded at a P/E multiple of 12.62, while the price-to-book value ratio stood at 1.07.

The dealer sentiment has been what I may call a bit on a roller coaster ride. As you said, the season was building up well, in February most of our channel partners talked up in anticipation of a strong, consistent summer.