Latest Stock Market News

The stock quoted a 52-week high price of Rs 442.95 and a 52-week low of Rs 261.1.

Its sales during October-December 2021 jumped 46.68 per cent to Rs 476.83 crore, compared with Rs 325.06 crore in the year-ago period.

The Relative Strength Index of the stock stood at 42.43 on Friday.

Budget policies give a boost to new-economy businesses as well as MSMEs

The Nikkei ended the day up 0.73% at 27,439.99. For the week, it booked a 2.71% advance, its best performance since mid-October, tracking moves in global shares on overall healthy corporate earnings, led by U.S. firms.

The stock traded at a P/E multiple of 7.72, while the price-to-book value ratio stood at 10.07.

A total of 628,140 shares changed hands on the counter till 02:10PM (IST).

DB Realty, which already has partnered with Bangalore-based Prestige Estates for some larger projects in JV format, saw its shares hitting 5 per cent upper circuit limit at Rs 100.90. Godrej Industries shares, on the other hand, were down 10 per cent intraday

“We are pushing for growth and if the growth comes with scale, then the margin to that extent will keep coming.”

While this is a positive step towards the adoption of technology for the future, a flat 30 per cent tax without any loss offset is alarming to a lot of investors, said Aliasgar Merchant, Developer Relations Engineer of New York-based Tendermint.