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JK Cement Ltd., incorporated in the year 1994, is a Mid Cap company (having a market cap of Rs 18174.65 Crore) operating in Cement sector.

“Metal stocks that typically have traded at 6-7 EV/EBITDA are trading at 2.5-3 times. I am extremely bullish at these levels and the fact that there is so much fear, so much trepidation as well as large-scale FII exit emboldens me to say that the short run may be painful but just beyond that, may be in even the next couple of weeks, we could see significantly higher levels.”

“In terms of energy prices and if I add it to the move we had already seen in January in terms of rising bond yields and weaker equities translated into what I would call an oil price adjusted financial conditions index, that would be telling me that all odds being equal, the world economy will slow very sharply through the second quarter and beyond. ”

In the spot market, highest purity gold was sold at Rs 53,595 per 10 grams while silver was priced at Rs 70,580 per kg on Monday

Manic Monday saw the Sensex ending below the 53,000 mark and the Nifty falling below a strong support of 15,800 as oil prices soared over 10% on the risk of a US and European ban on Russian oil supplies as well as delays in talks on the Iranian nuclear accord. Investors also preferred to remain on the sidelines ahead of exit polls in five states, including the most populous one, Uttar Pradesh.

It’s the first time in a year that Buffett, 91, has ranked this high among the listing of the world’s 500 richest people. He fell as low as 11th in October.

Tata Motors said it has bagged a contract for 65 electric vehicles from Kerala State Electricity Board. The order includes 60 Tigor EVs and 5 Nexon EV SUVs.

In four separate orders, the regulator slapped a fine of Rs 5 lakh each on Sanjay Kumar Khetan HUF, Sanjay Dhody, Princi Agarwal and Priti Sagar Rawat.

As of December 2021 quarter, Karakoram is a public shareholder of Vijaya Diagnostic Centre and held 9.64 per cent stake.

The S&P 500 sank 2.30% after a barrel of U.S. oil leaped as high as $130 overnight on the possibility the U.S. could bar imports from Russia. Stocks around the world slid even more sharply earlier in the day, though they trimmed their losses as oil receded toward $120 per barrel.