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Indian headline indices climbed on Friday, with IT stocks leading gains as U.S. labor market data eased recession fears. Six large and midcap Nifty 200 stocks hit new 52-week highs.

As the RBI intensifies its regulatory tightening, the banking sector will need to negotiate with slower growth, lower margins, and rising credit costs. The central bank is also concerned about the recent spurts in prices of milk and mobile tariffs, which can permeate into broader inflation impetus.

The stock quoted a 52-week high price of Rs 3277.8 and low of Rs 2293.1.

​But Ola has its own distribution model. So, it has been carrying the inventory which would have an impact on the working capital. Two, it has its own component manufacturing thought process also. It has its own gigafactory​project and over the period that would shift the opex into the capex.

Post-2008, global central banks shifted towards closer government collaboration to stabilize markets. Despite increased liquidity, inflation remained low until 2020. However, post-COVID fiscal measures spurred inflation, raising concerns about investments in equities amid high valuations.

The stock quoted a 52-week high price of Rs 1524.7 and low of Rs 959.55.

NBCC shares rose by almost 12% following a Rs 15,000 crore work order from the Srinagar Development Authority for a 406-acre satellite township project. The company also posted strong financial results with a 24.6% increase in net profit and a 43% hike in revenue for Q4 FY24, boosting market sentiment.

Promoters held 59.28 per cent stake in the company as of 30-Jun-2024, while FII and DII ownership stood at 24.61 per cent and 5.04 per cent, respectively.

A total of 71,305 shares changed hands on the counter till 01:39PM (IST).

Unicommerce eSolutions is an e-commerce enablement Software-as-a-Service (SaaS) platform. The company’s suite of SaaS solutions enables end-to-end management of e-commerce operations for brands, retailers, marketplaces and logistics service providers.