Latest Stock Market News

According to the brokerage, all three businesses of the company are in recovery mode. “While the India CV business will see a cyclical recovery, the India PV business is in a structural recovery mode. JLR is also witnessing a cyclical recovery, supported by a favorable product mix. However, supply-side issues will defer the recovery process."

The rupee was last trading at 82.3850, down from 82.32 in the previous session after hitting a record low of 82.6825 on Monday. The rupee has traded in a narrow range of about 8 paisa so far in the session. In comparison, the Korean won is down 1.7% and the offshore Chinese yuan had declined 0.5% to the dollar.

Amid increasing financialisation of household savings, the number of retail investors have been increasing steadily in the last few years. In September month alone, over 20 lakh new demat accounts were added, taking the total number of accounts to more than 10 crore.

The three SPVs acquired by Adani Green Energy are Wind One Renergy Limited (WORL), Wind Three Renergy Limited (WTRL) and Wind Five Renergy Limited (SFRL).​They had a combined turnover of Rs 121 crore in FY22 (WORL Rs 42.3 cr, WTRL Rs 42.2 cr and WFRL Rs 36.5 cr), Adani Greens said in an exchange filing.

As of 30-Jun-2022, promoters held 45.0 per cent stake in the company, while FIIs held 20.34 per cent and domestic institutional investors had 7.77 per cent.

A total of 218,408 shares changed hands on the counter till 01:24PM (IST)

The stock traded at a P/E multiple of 3.88, while the price-to-book value ratio stood at 3.37.

RBI sold more than a billion dollars yesterday to protect against a fast depreciation in Rupee, allowing some respite to importers who could start panicking after a fall of 10.50 per cent in its value this year," said Anil Kumar Bhansali, Head of Treasury, Finrex Treasury Advisors. The range for the day is expected to be between 82.20 to 82.80 as Asian currencies fall from their recent highs, Bhansali noted.

FSN E-Commerce Ventures Ltd. key Products/Revenue Segments include E-Commerce for the year ending 31-Mar-2022.

The long-term demand story remains intact led by cloud adoption and data analytics across enterprises. Deal environment remains strong but there are definite signs of slowdown in deal conversion cycle on account of economic growth concerns in the US and Europe.