Latest Stock Market News

​You can already feel that when you talk to the managements, that caution is building in, they are talking about deferment of projects and stuff like that. They are talking about utilisations moving up and their outsourcing becoming more of a in-sourcing bit. So it is obvious that things are not looking that great.

Promoters held 75.0 per cent stake in the company as of 30-Sep-2022, while FIIs owned 5.42 per cent, DIIs 9.5 per cent.

​​The share issue will translate into 5.9% stake each for both the PE firms in the private sector lender. Their stake will go up to around 10% after the conversion of the warrants

The stock hit a fresh high of Rs 1,695 on September 2, 2022, but it failed to hold on to the momentum. Momentum suggests that the stock will be able to break above this level. On the price front, the stock price is trading above the crucial short- and long-term moving averages placed at 5,10,30,50,100, and 200-DMA which is a positive sign for the bulls.

The stock quoted a 52-week high price of Rs 976.0 and a 52-week low of Rs 660.2.

Astral, incorporated in the year 1996, is a Mid Cap company (having a market cap of Rs 42934.87 Crore) operating in Plastics sector.

Nothing is more important than our health. We need to be financially ready to handle whatever life throws at us. In recent times, the Covid-19 pandemic and its impact have added impetus to the importance of being financially prepared for medical emergencies.

The Nifty Bank index closed 0.54 per cent up at 43946.55.

“We do the 20-25% kind of compounding with risks lower than the benchmark. Since inception our portfolio beta has been 0.85. We do not have to do the PSUs and the defence plays where they go from very, very, very cheap to being cheap and then very, very, very cheap again.”

Stock price has been in an uptrend as per the positive chart pattern like higher tops and bottoms.