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Promoters held 46.74 per cent stake in the company as of 31-Dec-2021, while FII and DII ownership stood at 18.88 per cent and 13.61 per cent, respectively.

Page Industries shares rise 1.79% as Nifty gains

Updated at : 2022-03-29 11:20:04

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The stock quoted a 52-week high price of Rs 45162.9 and a 52-week low of Rs 27800.0.

The Nifty Realty index was trading 1.05 per cent up at 455.75.

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Indian companies are snapping up Russian oil as it is available at a deep discounts after some companies and countries shunned purchases from Moscow due to sanctions against Russia for its Ukraine invasion.

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State Bank of India key Products/Revenue Segments include Interest & Discount on Advances & Bills, Income From Investment, Interest and Interest On Balances with RBI and Other Inter-Bank Funds for the year ending 31-Mar-2021.

Saurabh Mukherjea said share price follows free cash flow and not earnings. "Share price does not follow GDP. Share price is not driven by PE multiples, Ukraine war or UP elections. Share price is driven by free cash flow," he said.

“FMCG is a good place to hide in an inflationary world and that is what we are seeing in, particularly for ITC, where there is obviously less of an impact in terms of inflation. FMCG as a pack would probably start to outperform on a relative basis going forward along with telecom and the reopening sectors such as hotels. These are places to be at the moment.”

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“I do not like the company from the aspect of its lopsided capital allocation, it would be better if it were demerged into three businesses; the cigarette, the FMCG and the hotels businesses. But that is not going to happen in the near term and that is where an ITC investor has to worry.”

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Veranda Learning Solutions will sell its shares in the price band of Rs 130-137 per share. IPO investors can bid for a minimum of 100 shares and then in the multiples of 100 thereof.

Barring the largest meme token Dogecoin, all of the top digital tokens were trading higher. Terra zoomed about 10 per cent, followed by a 2 per cent rise in Ethereum and Solana each. Dogecoin dropped 4 per cent.

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