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Share price of Tata Elxsi falls as Nifty weakens

Updated at : 2022-12-06 14:20:03

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A total of 10,650 shares changed hands on the counter till 01:35PM (IST).

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As of 30-Sep-2022, promoters held 0.0 per cent stake in the company, while FIIs held 37.27 per cent and domestic institutional investors had 32.58 per cent.

Investors are expecting that after the joint entity of LTIMindtree can replace PSU refinery BPCL in the headline index. "As per our best understanding of the existing methodology, we do not expect LTI

In the highly concentrated long-term portfolio, almost all stocks have compounded their share prices at 15-30% annually demonstrating that stock selection contributed significantly to portfolio returns, the PMS fund said.

Jubilant Food declines 0.45% as Sensex slides

Updated at : 2022-12-06 13:50:04

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The stock traded at a P/E multiple of 76.54, while the price-to-book value ratio stood at 17.88.

“Gold prices are expected to trade with a negative bias for the day amid strong dollar and surge in US treasury yields,” it said. "Upbeat economic data from the US fuelled expectations among investors that peak for the Fed funds will be higher than anticipated," it added.

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A total of 538 shares changed hands on the counter till 12:18PM (IST)

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The company had recently bagged an order for eco-friendly less wood for green cremation systems (GMS). It had expressed hopes of more order inflows from the Bitumen business, which has been back in action after the monsoon.

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On the technical charts, the RSI of the stock stood at 51.27.

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Brigade Enterprises, incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 11422.26 Crore) operating in Real Estate sector.

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