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​Some of them have kind of changed strategically, they have moved omni channel, they moved from online to offline, they have done those kind of things, those kind of innovations. But even after that, I think Trent, Zudio as a story is very much here to stay.

On the technical charts, the RSI of the stock stood at 38.63.

Water and infrastructure solutions company Denta Water and Infra Solutions Ltd on Friday said it has fixed a price band of Rs 279 to Rs 294 per share for its initial share-sale opening for public subscription on January 22.

The stock traded at a P/E multiple of 11.38, while the price-to-book value ratio stood at 1.21.

The Indian insurance market once struggled with limited data, relying on broad categories for pricing and product development. However, technologies like AI, ML, and KYC mandates now provide granular customer data, enabling more effective segmentation strategies and personalized offerings, transforming the industry’s approach to policy creation and pricing.

Prominent financial institutions predict substantial upside for stocks including NTPC, Swiggy, Zomato, Mahanagar Gas, and HDFC Life Insurance by 2025. Notable upsides are 48% for NTPC, 50% for Swiggy, 63% for Zomato, 24% for Mahanagar Gas, and 43% for HDFC Life.

​In other words, fiscal policy will be very stimulative and you can see that the bond market has reacted to that already with yields rising quite fast and I think that that has had a negative impact on equities.

Nilesh Shah, MD, Kotak AMC, emphasizes the importance of evaluating PSU stocks individually, being mindful of valuation, especially in low-floating stock counters. Areas like private banks, IT, pharmaceuticals, rural-focused FMCG, and certain segments of PSUs such as banks and the defense sector hold potential for better earnings growth. The market expects moderate returns with focus on bottom-up stock picking.

A total of 34,328 shares changed hands on the counter till 12:58PM (IST)

The stock traded at a P/E multiple of 8.75, while the price-to-book value ratio stood at 1.34.