Latest Stock Market News

The stock quoted a 52-week high of Rs 1081.0 and a 52-week low of Rs 627.8.

ETMarkets.com ran a screener for consistent performers and found stocks that have given over 25% returns in the month of December for all of the last three years.

Promoters held 0.0 per cent stake in the company as of 30-Sep-2022, while FII and DII ownership stood at 5.42 per cent and 2.81 per cent, respectively.

The company is selling its shares in the range of Rs 548-577 apiece between November 30-December 2, with a lot size of 25 equity shares. The issue is entirely an offer-for-sale (OFS) of up to 14,481,942 equity shares.

Likhitha Infra is an oil & gas pipeline service provider, majorly focused on laying pipeline networks along with the construction of associated facilities and providing operations and maintenance services to the oil and gas companies.

With rapid urbanization and holistic governmental efforts to develop the rural economy paying off, India continues to maintain its position as a top investment destination that seems unperturbed by the current recessionary climate engulfing developed economies.

SBI Cards and Payment Services, incorporated in the year 1998, is a Small Cap company (having a market cap of Rs 78078.52 Crore) operating in Financial Services sector.

"In the edible oil category, you will soon see us working towards the premium end of the oil bracket. We are also working on the atta and besan and grocery items. Similarly, we are working on range of juices. A lot of effort goes on in making a consumer move towards the premium end of the product range, where they must see a very visible and clear differentiation between what they were buying earlier and what they are consuming now."

Shares of L&T Technology Services surged 8%, Mphasis and Persistent rose over 5%, while TCS, Tech Mahindra, Coforge, and LTI advanced over 2%.

In an exchange filing, the company said that its board of directors are scheduled to meet on Friday, December 16, to consider and approve the proposal to sub-divide or split the equity shares.Following the update, shares of the smallcap player jumped 5% to Rs 29.50 on Thursday. The stock settled at Rs 28.10 on Wednesday.