Latest Stock Market News

IRCTC shares fall 3.37% as Nifty drops

Updated at : 2022-12-23 13:30:04

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A total of 459,576 shares changed hands on the counter till time (IST).

Sell Vedanta, target price Rs 275: Yes Securities

Updated at : 2022-12-23 12:35:03

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Vedanta, incorporated in the year 1965, is a Large Cap company (having a market cap of Rs 112278.00 Crore) operating in Diversified sector.

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Accelerated growth, steady margins and lower credit cost are expected to drive RoA further. Thus the stock, long due for re-rating, should see strong positive momentum.

The global cryptocurrency market cap was trading marginally higher, around $815 billion, rising less than a per cent in the last 24 hours. The total trading volume increased by 16% to $29.47 billion.

The Nifty Pharma index was trading 0.4 per cent up at 12943.95.

Pidilite Ind declines 1.98% as Sensex slides

Updated at : 2022-12-23 12:35:03

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The stock traded at a P/E multiple of 98.28, while the price-to-book value ratio stood at 19.49.

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Jindal Stainless key Products/Revenue Segments include Steel, Sale of services, Export Incentives, Job Work and Other Operating Revenue for the year ending 31-Mar-2022.

The net proceeds from the issue will be utilised towards funding working capital and capital expenditure requirements and for the purchase of specially fabricated armoured vans, other than general corporate purposes.

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“L&T has run up and obviously, if the technology derating happens, there could be some impact but I would think that L&T performs more on the behaviour of the core business; the kind of deleveraging they are doing and the fact that on the defence side, their foray seem to be fructifying significantly.”

Ambuja Cements shares down 3.08% as Nifty drops

Updated at : 2022-12-23 12:35:03

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A total of 210,077 shares changed hands on the counter till 11:47AM (IST).

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