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Phillip Capital maintains a sell view on IREDA, citing concerns over earnings growth not keeping pace with loan growth. Despite strong loan growth prospects, the company faces challenges in maintaining return ratios and credit costs.

The stock quoted a 52-week high price of Rs 706.85 and a 52-week low of Rs 404.0.

As NDA 3.0 prepares for the upcoming budget, Finance Minister Nirmala Sitharaman faces the task of balancing economic growth with political demands. Strong economic indicators allow for potential tax relief for the middle class and increased welfare spending.

Aurobindo Pharma board meeting on July 18, 2024, to discuss share buyback. Stocks hit Rs 1,394, a record. First-ever buyback. Shares soared 86% in a year, 27.3% YTD.

The insurance industry in India is gearing up for the Union Budget with expectations for tax reforms, universal health schemes, and social security measures. Collaborative efforts and proactive risk management strategies are highlighted as crucial for creating a financially secure and resilient India.

Promoters held 0.0 per cent stake in the company as of 31-Mar-2024, while FII and DII ownership stood at 20.86 per cent and 19.27 per cent, respectively.

"We are sustainable growth investors. On a relative basis, the highest growth part of the market offers a competitive advantage versus the index. So, all the highest growing spaces – renewables, new tech, EMS spaces, etc, are where the growth quotient is very high," says Prateek Agrawal

A total of 66,515 shares changed hands on the counter till 02:00PM (IST).

In June 2024, MFs significantly increased exposure to the IT sector, adding over 10 IT stocks to more than 5 MF schemes compared to May. These stocks have largely delivered strong returns in FY25 to date.

A rights issue occurs when a company asks its current shareholders to buy additional shares at a discount before a certain date. This gives shareholders the right, but not the obligation, to purchase new shares at a discount to the market price up to a specified future date.