Latest Stock Market News

The stock traded at a P/E multiple of 57.15, while the price-to-book value ratio stood at 10.07.

In morning trade, Vodafone Idea was trading 3.2% lower at Rs 11.52, off an intraday low of Rs11.40, while the Airtel stock was 1.6% down at Rs 677.40, having touched a low of Rs 674.55, on the BSE.

A total of 238,322 shares changed hands on the counter till 11:07AM (IST).

Godrej Consumer Products Ltd. key Products/Revenue Segments include Home Care, Personal Care, Hair Care, Other Operating Revenue for the year ending 31-Mar-2021.

“It makes sense to look at the midcaps, which is a good segment as such. The companies are doing well. There is a good amount of opportunity available for these companies in the next few years as the economy expands. ”

“Across-the-board earnings have been quite positive. I do not see any reason for that to change. In fact, earnings could get better.”

"The Indian market rallied 20% more even as all the other markets had peaked out in the end of 2007 and then we saw the crash in January. I hope the same thing does not repeat now."

In the 50-share pack Nifty, Power Grid was the biggest gainer, up 1.71 per cent. Indian Oil, ONGC, M&M, Bajaj Auto, NTPC, Bharat Petroleum, Coal India and Divi’s Labs were among other gainers.

The Rs 170.78 crore Paras Defence and Space Technologies IPO, which was sold from September 21 to 23, received a record breaking response from investors. The issue was subscribed 304 times during the offer period.

The Nifty Realty index was trading 0.58 per cent down at 510.8.