Latest Stock Market News

Godrej Consumer shares down 0.22% as Nifty gains

Updated at : 2024-08-09 14:25:01

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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.

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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.

Ambuja Cements share price down 0.56 per cent

Updated at : 2024-08-09 14:25:01

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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.

Colgate-Palmolive declines 0.48% as Sensex climbs

Updated at : 2024-08-09 14:25:01

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The stock traded at a P/E multiple of 66.86, while the price-to-book value ratio stood at 27.81.

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The Relative Strength Index of the stock stood at 43.55 on Friday.

Bitcoin and Ether prices surged after a drop in US jobless claims, easing labor market concerns. Federal Reserve actions and new Russian cryptocurrency legislation contributed to market optimism. Bitcoin rose 6.4% to $60,908, and Ether climbed 10.3% to $2,689, with other cryptocurrencies also recording gains.

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​Short covering involves buying shares to close an existing short position, indicating a shift from extreme bearishness to bullishness. On Thursday, 4 stocks experienced short covering

The report noted that despite the challenges faced by the private equity industry, including a liquidity squeeze and declining distributions from major firms, India remains a favorable environment for capital raising and investment opportunities.

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