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The Relative Strength Index of the stock stood at 61.18 on Tuesday.

The stock quoted a 52-week high price of Rs 1476.9 and low of Rs 997.4.

See, palm oil has another role of other than edible oil, it also goes for biofuel and both Indonesia, Malaysia has a certain mandate for biofuel. So, B20, B30, now B40, they are planning. So, what happens is that any such announcements jacks up the prices, otherwise palm should be stable going forward.

NLCIL has ambitious capacity expansion plans. It earns a fixed return on equity of 14% on its captive mining segment and 15.5% on its power generation segment. The power plants have long-term PPAs with a regulated two-part tariff structure. This takes care of the recovery of all fixed expenses, including debt obligation.

Mahindra and Mahindra experienced strong revenue growth in Q1 FY25, driven by impressive results in the tractor and automotive sectors. While revenues increased by 16% year-on-year, profits remained flat or declined by up to 14%. Analysts noted better EBITDA margins due to a favorable mix, despite higher advertisement expenses for new model launches.

Gaurav Kochar from Mirae Asset Investment observed that large banks coped better with deposit mobilization challenges than smaller ones. Tight liquidity persisted, but credit growth was steady. Rising funding costs are expected to impact margins. Potential RBI guidelines might affect earnings, with larger banks likely to manage the liquidity situation more effectively.

One of the other reasons for improving valuation for India is a structural decline in volatility, says Bharat Shah. Foreign money was talking much more than it deserved to in terms of the impact and therefore the structural decline in volatility itself is a source of greater confidence for the future and therefore greater valuation today.

Gupta’s new position comes at a key point when the company has announced its international expansion plans in the Middle East and North Africa region with the acquisition of BitOasis.

WazirX has decided to implement a "socialized loss" strategy following a major cyberattack that compromised nearly half of its user funds. According to a statement from WazirX, this approach aims to spread the financial impact across all users, enabling them to access a portion of their assets immediately while maintaining the possibility of further recovery

​Up until now what we have seen is a couple of the domestic events, whether it is the elections or the budget having panned out and market has at some level digested them reasonably well.