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Adani Power shares up 0.6% as Nifty gains

Updated at : 2024-08-09 13:25:01

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A total of 131,443 shares changed hands on the counter till time (IST).

ACC shares drop 0.25% as Sensex rises

Updated at : 2024-08-09 13:25:01

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The stock quoted a 52-week high of Rs 2843.0 and a 52-week low of Rs 1803.8.

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The 2024 Barclays Private Clients Hurun India report has listed the ten most valuable family-led enterprises in India, totaling Rs 60,09,100 crore. The Ambani family tops the list, followed by the Bajaj, Birla, Jindal, Nadar, Mahindra, Dani, Choksi & Vakil, Premji, Rajiv Singh and Murugappa families, covering various industries.

First of all, most of the hospital companies are already trading at a huge premium. So, to that extent, making a case for further premium will be tougher. But that said, I agree with you that across the board, the results have been pretty decent. The top line growth is reasonable and profitability improvement is something which we have seen. And this is a space where the pricing power remains with many of these hospital chains.

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As of 30-Jun-2024, promoters held 0.0 per cent stake in the company, while FIIs held 12.61 per cent and domestic institutional investors had 6.72 per cent.

Revenues from digital film rights were projected to outpace theatrical revenues by 2028, with investments in local content driving growth. India’s 59 streaming platforms increased competition for content, making direct streaming deals a viable option for unreleased films amid changing audience habits.

InterGlobe shares gain 1.31% as Sensex rises

Updated at : 2024-08-09 12:25:01

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A total of 2,160 shares changed hands on the counter till 11:46AM (IST)

Gold October futures opened flat at Rs 69,612 per 10 grams on Friday, while silver September futures were trading at Rs 80,660/kg. Despite strong dollar index and US bond yields, both metals saw gains.

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​On August 8, four Nifty500 stocks closed 3-6% below the VWAP, indicating a potential bearish trend. This suggests that their prices fell below the average weighted by trading volume.

​And we are seeing the signs of recovery in the volume growth, then definitely it is a positive sign in terms of the overall top line growth and the bottom line growth.

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