Latest Stock Market News

As per the latest corporate shareholdings filed thus far, Ashish Kacholia publicly holds 27 stocks with a net worth of over Rs 1,787.1 crore.

In that book, James Suroweicky presents evidence to the contrary of the popular belief that crowds are always wrong. In fact, he goes all the way to the other side (almost) in saying that decisions by groups turned out much more accurate than those made by individuals!

On the technical charts, the 200-day moving average of the stock stood at Rs 525.36.

In July-September, Alok Industries reported a growth of 134.24 per cent on-year in total consolidated revenues to Rs 1,904.57 crore. On a sequential basis, revenues rose by 50.63 per cent from Rs 1,264.44 crore.

Rama Phosphates is up 460 per cent in the last one year. That did not deter Dolly Khanna from increasing stake in the company to 1.89 per cent from 1.77 per cent sequentially.

“As the wallet share of the customer increases, there is a huge need for somebody to advise them and it cannot be technology. Personal ties would remain a large component.”

The stock quoted a 52-week high price of Rs 2506.35 and a 52-week low of Rs 1490.0.

A total of 328,584 shares changed hands on the counter till 01:26PM (IST)

Following the update, shares of TTK Prestige zoomed 20 per cent, its daily circuit limit, to hit Rs 10,586, its new 52-week high.

Reliance shares are trading at about 27 times of its 12-month forward earnings estimate, more than two standard deviations above its 10-year average, according to data compiled by Bloomberg.