Latest Stock Market News

Prince Pipes & Fittings, incorporated in the year 1987, is a Small Cap company (having a market cap of Rs 6521.47 Crore) operating in Plastics sector.

While the Street appears convinced that the ongoing phase of the bull run is not going to stop anytime soon, traders chose to take some profits off the table amid a subdued mood in global markets.

A total of 4,203 shares changed hands on the counter till time (IST).

Foreign investors net bought government bonds worth over 37 billion rupees ($455.81 million) in November, with a bulk of the money invested in liquid bonds, data from the Clearing Corp of India Ltd (CCIL) showed.Foreign banks also remained active debt buyers in both the primary and the secondary markets, with a net purchase of over 147 billion rupees in the last 17 trading sessions, CCIL data showed.

“Last week’s breakout in the Nifty gives us a new upside target of 20,185. We have got momentum confirming it and probably the most interesting thing in the Indian market right now is that smallcaps, after underperforming all year, have started to participate and we have seen a breakout in the smallcap index too.”

As of 30-Sep-2022, promoters held 0.0 per cent stake in the company, while FIIs held 14.91 per cent and domestic institutional investors had 14.81 per cent.

For more such web stories click on the ET icon below

The 30-share pack Sensex advanced 184 points to end at 63,284, while its broader peer Nifty50 ended above the 18,800 mark after touching a new peak of 18,888 in intra-day trade.

The stock traded at a P/E multiple of 63.06, while the price-to-book value ratio stood at 8.49.

Supreme Industries, incorporated in the year 1942, is a Mid Cap company (having a market cap of Rs 31621.43 Crore) operating in Plastics sector.