Latest Stock Market News

Sandeep Tandon, CIO, Quant Mutual Fund, discusses potential impacts on trading volumes due to short-term gains tax changes. Maturity and global interest will help absorb the shock. Bond market positively responded to fiscal discipline. Key concerns include the US market and interest rates. Investment opportunities exist in FMCG, PSUs, insurance, and energy sectors.

Analysts recommend over 50 stock picks post Budget, including Ultratech, HUL, ICICI Bank, TCS, and more. Industries like agro-chemicals and automobiles are expected to benefit.

The stock traded at a P/E multiple of 72.53, while the price-to-book value ratio stood at 11.55.

Dodla Dairy Ltd. key Products/Revenue Segments include Milk & Milk Products, Sale of services and Scrap for the year ending 31-Mar-2024.

Mangalore Refinery And Petrochemicals Ltd., incorporated in the year 1988, is a Mid Cap company (having a market cap of Rs 36094.77 Crore) operating in Gas & Petroleum sector.

​On July 23, the closing prices of three stocks in the Nifty500 pack surged more than 2.5% above the Volume Weighted Average Price (VWAP), signaling a potential bullish trend.

As of 30-Jun-2024, promoters held 37.01 per cent stake in the company, while FIIs held 27.87 per cent and domestic institutional investors had 8.5 per cent.

Kajaria Ceramics Ltd., incorporated in the year 1985, is a Mid Cap company (having a market cap of Rs 22969.82 Crore) operating in Building Materials sector.