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UML is primarily engaged in the manufacture and sale of steel wires, strands, wire ropes, cords, related accessories, etc. It is also involved in the sale of other products such as wire drawing and allied machines.

Nifty has outperformed with gains of around nearly 5% so far in the calendar year 2022. So far in CY22, banks, auto, energy and metal stocks have led the rally. Analysts say Indian equities are likely to display the same rhythm in CY23.

The stock quoted a 52-week high price of Rs 54262.3 and low of Rs 37806.6.

He claims to want transparency but Binance refuses to divulge even basic company information such as where it is registered, let alone submit to a full audit, like a publicly-traded firm would have to undergo.

A total of 10,070 shares changed hands on the counter till 10:46AM (IST).

Through this acquisition, Reliance Retail will get access to a network of Metro India stores located in prime locations across key cities, along with a large base of registered kiranas and other institutional customers, and a strong supplier network.

Shares of Precision Wires will trade ex-bonus in the ratio of 1:2, while the shares of Zim Lab will go ex-bonus in the ratio of 2:1 Shares of Quint Digital Media will trade ex-rights in respect of its rights issue of 42:37 offered at a price of Rs 50 per share. Supreme Infrastructure’s board will meet for its quarterly results.

“We are at the early stages of a credit cycle uptick. Corporate balance sheets are pretty strong and therefore we maintain that banks will be structurally overweight in this entire uptrend. The recent consolidation is more of a time decay as I see it and the largecap banks are doing pretty well and that follows through with some of the midsize and smaller banks including PSUs. ”

“We are going to see further downside from here but the scenarios keep playing out week after week or month after month. Sometimes, it is more of a goldilocks scenario and there is a more dire recession scenario. This is going to continue into the first quarter or particularly into January.”

Devyani International, incorporated in the year 1991, is a Small Cap company (having a market cap of Rs 22203.29 Crore) operating in Tourism & Hospitality sector.