Latest Stock Market News

Some investors believe that the elevated valuation could sustain strong local flows. There were questions from investors on whether the underperformance led by the China reopening was now behind," said Kunal Vora, Head - India Equity Research, BNP Paribas India.

As of 31-Dec-2022, promoters held 14.72 per cent stake in the company, while FIIs held 23.76 per cent and domestic institutional investors had 28.0 per cent.

The Relative Strength Index of the stock stood at 13.14 on Wednesday.

A total of 137,035 shares changed hands on the counter till 02:14PM (IST)

"This new platform is designed to meet the increasing demand of deliveries using drones from the industry. L-Series is stable, secure, it can carry significantly higher payloads and designed to work across low, medium, and high altitudes," the firm said in a BSE filing.

"Titan has created wealth for the investor any timeframe you look at. Currently, the share of organised sector in jewellery is only 30% and so 70% is still unorganised. Within the organised also, Titan has a huge headroom to grow market share. I will say from a three-five years’ perspective, Titan is one stock where the predictability of growth is quite good."

The behemoth announced to pay the interim dividend benefit to eligible shareholders of the company from Friday, March 3, 2023, to Sunday, March 5. Its board fixed the record date for determining the members eligible for the corporate reward as Wednesday, Feb 15, 2023.

The stock quoted a 52-week high price of Rs 430.7 and low of Rs 294.1.

As of 31-Dec-2022, promoters held 68.69 per cent stake in the company, while FIIs held 11.13 per cent and domestic institutional investors had 3.97 per cent.

Eicher Motors on Tuesday posted a 62% growth in consolidated net profit at Rs 741 crore for the quarter ended December 2022.>> For more such web stories click on the ET icon below