Latest Stock Market News

CoinSwitch Kuber intends to utilise the funds for growth on mutliple fronts including onboarding new Indian users, launching new crypto products, hiring new talent, education and diversification.

Coinciding with the global spike in energy prices, India’s coal crisis is escalating when high crude oil prices are already threatening to stoke inflation in the energy-hungry nation.

The Relative Strength Index of the stock stood at 39.5 on Wednesday.

Marico said that for the period under consideration, it had seen healthy consumer sentiment across categories in domestic business.

The unlisted shares of Fino Paytech soared about 20 per cent to Rs 380-400 in the unlisted market within hours of the Sebi nod.

“If one can differentiate between risk and volatility, then volatility is a great friend. Look for stocks that are volatile for when they correct, you will get an entry point.”

A total of 258,615 shares changed hands on the counter till 01:31PM (IST)

Vijay Kedia had entered the stock in December quarter of 2015.

The stock traded at a P/E multiple of 11.11, while the price-to-book value ratio stood at 2.86.

Promoters held 43.52 per cent stake in the company as of 30-Jun-2021, while FII and DII ownership stood at 33.27 per cent and 1.44 per cent, respectively.