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The stock quoted a 52-week high price of Rs 1946.20 and low of Rs 985.15.

We are in the middle of budgeting cycle for enterprises for 2025 calendar year and we could start getting some early insight into what kind of budgets would we likely see in 2025. We do expect that the budget for this year would be higher than last year and the general optimism should start reflecting into the commentary as well.

As of 30-Sep-2024, promoters held 0.79 per cent stake in the company, while FIIs held 16.11 per cent and domestic institutional investors had 11.4 per cent.

The China plus one strategy encourages diversification of suppliers due to geopolitical risks, which benefits Indian companies across various sectors. In pharma, both traditional and CDMO segments show opportunities. The industrial sector grows more attractive as interest rates drop and currency stabilizes. The strategy also provides a competitive edge to Indian exporters facing Chinese competition.

Technical indicators sent mixed signals on Tuesday, with the RSI at 43 indicating bearish momentum, while a bullish crossover in the Stochastic RSI hinted at a potential short-term recovery. This divergence highlights the need for caution as the market remains directionally uncertain, said Mandar Bhojane of Choice Broking.

Equity strategist Kranthi Bathini highlights volatility in Sensex and Nifty, driven by profit booking and mixed global cues. Promising 2025 sectors include banking, infrastructure, and defense, with long-term investors encouraged to capitalize on dips amid range-bound market movements.

The initial public offering (IPO) of Capital Infra Trust, an infrastructure investment trust (InvIT), received 39 per cent subscription on the first day of bidding on Tuesday.

This analysis identifies the top 5 Nifty 50 stocks with a PAT margin exceeding 25% in FY24. A high PAT margin indicates strong profitability and efficient cost management.

Tata Steel India reported a 6% YoY and 8% sequential rise in crude steel production to 5.68 million tons in Q3FY25, driven by Kalinganagar expansion. Deliveries reached a record 5.29 million tons, with robust growth across key verticals.