Latest Stock Market News

Apollo Tyres Ltd., incorporated in the year 1972, is a Mid Cap company (having a market cap of Rs 14759.75 Crore) operating in Tyres sector.

Venus Remedies is an R&D-driven pharmaceutical manufacturing company and among key injectable manufacturers. The company has an international presence in 65 countries, covering over 150 products, with a focus on critical care and oncology.

The stock quoted a 52-week high price of Rs 872.0 and a 52-week low of Rs 675.0.

On the technical charts, the 200-day moving average of the stock stood at Rs 248.6.

Rakesh Jhunjhunwala held 7,25,00,000 shares or 1.76 per cent stake in the PSU steelmaker as of September 30.

A total of 1,745 shares changed hands on the counter till 12:08PM (IST)

"The unbridled speculation in low-grade stocks, the cats and dogs, is concerning. "Flying cats and dogs" is an indication of an imminent correction. Chasing cats and dogs has always ended in grief. Therefore, investors have to be careful and stick to quality," said Dr V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services.

The value of loans disbursed through the platform during the quarter was Rs 2,180 crore, an increase of 365 per cent YoY, the company said in an exchange filing.

Motilal Oswal sees Infosys leading the revenue growth at 4.8 per cent QoQ (CC terms), followed by Wipro at 3.7 per cent and TCS at 3.2 per cent.

TPG Capital Management, Advent International, Bain Capital and Blackstone have been sounded off for a potential transaction, valuing the business at Rs 15,000 crore. The Carlyle Group and PAG are the two other firms which have been reached out for a potential deal, ET reported, quoting sources.