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Compared to pre-Hindenburg levels, the stock of Adani Power has soared nearly 220%, while Adani Ports has more than doubled in value. ACC, Adani Enterprises, Adani Green Energy, and Ambuja Cements are also trading above pre-Hindenburg levels.

Indian Hotels shares gain 3.15% as Sensex rises

Updated at : 2024-06-03 13:25:01

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The stock quoted a 52-week high of Rs 622.25 and a 52-week low of Rs 371.45.

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Promoters held 0.79 per cent stake in the company as of 31-Mar-2024, while FII and DII ownership stood at 16.68 per cent and 10.12 per cent, respectively.

It is very likely that these very sectors are going to basically get a fresh impetus. You are right that yes, in term one, these pockets did not yield returns. But in the second term, especially post COVID, we have seen massive returns and I probably think that is only the start, be it defence, be it space, be it many of the other areas.

SRF share price up 1.19 per cent

Updated at : 2024-06-03 13:25:01

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A total of 5,067 shares changed hands on the counter till 12:48PM (IST).

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Shriram Finance Limited raised USD 468 million in multi-currency for business growth through a social loan structured by leading banks, marking the largest syndicated transaction by a private NBFC.

If you have been always wanting to sell something and you could not get the opportunity, that is always the case, you should always do that. But I think it is foolish to unnecessarily increase cash in the assumption that you will want to buy cheaper at this point of time because if the strength of the mandate is as strong as what it reflects, then I think there will be continuity, there will be strong economic growth over the next few years.

IMD predicts above-normal monsoon in 2024, impacting agriculture and market sectors positively. Companies like Dabur India and PI Industries could see significant growth. Expert insights from Motilal Oswal Financial Services highlight investment opportunities in the pharma sector.

SBI Card shares rise 1.25% as Sensex climbs

Updated at : 2024-06-03 12:25:01

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A total of 25,573 shares changed hands on the counter till 11:57AM (IST)

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