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If you had one share of Bajaj Finserv, your shareholding in the stock shall increase by (1x5x2) considering a 5:1 stock split and 1:1 bonus shares. For every share held post the split and bonus in Bajaj Finserv, you will own 10 shares and its share price will also reduce by one-tenth to Rs 1700 per share.

The stock traded at a P/E multiple of 33.59, while the price-to-book value ratio stood at 4.97.

Avoiding both tendencies is important to successfully ride out any short-term volatility or bearish cycle. Rather, it is recommended that a careful and unbiased evaluation is conducted first, before pouring more capital into a particular stock.

The 200-day simple moving average (SMA) is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend.

According to media reports, Adani Realty, the luxury property division of the leading multinational conglomerate Adani Group, is in advanced talks for a merger with Mumbai-based DB Realty.

As per the company’s filing with the exchange, Padget Electronics had received approval for disbursement of Rs 53.28 crore from Empowered Committee of MEITY- Government of India, under Production Linked Incentive Scheme for manufacturing of mobile phones (domestic companies).

The benchmark 10-year government bond yield was at 7.1473% as of 0450 GMT. The yield rose to 7.1931% earlier in the day after ending at 7.1811% on Monday. It had risen five bps in last two sessions.

“In the next five, seven, ten years, the big will continue to get bigger but there is a second trend which is starting which is the survivors; the smaller companies, the manufacturing companies are likely to now grow and spread. The breadth of the market has improved and that is telling us why small and midcaps are outperforming the large caps. The time has come to bet on the leaders of tomorrow.”

Among them is Sona BLW Precision, a components manufacturer, where domestic fund managers bought an additional 3.62 crore shares to take the MF holding to 11.96 crore shares in August from 8.33 crore shares in July, valuing Rs 1,892 crore. This stock is down 27 per cent year-to-date.

As of 30-Jun-2022, promoters held 45.0 per cent stake in the company, while FIIs held 20.34 per cent and domestic institutional investors had 7.77 per cent.