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Stock market update: Nifty Realty index falls 0.69%

Updated at : 2022-09-14 17:25:01

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The Nifty Realty index closed 0.69 per cent down at 476.25.

Coffee Day shares rally 11% on huge volumes

Updated at : 2022-09-14 16:20:01

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According to the data from BSE, 24,76,925 shares exchanged hands in early trade. Similarly, 3,84,31,431 shares exchanged hands on National Stock Exchange (NSE).Shares of Coffee Day Enterprises have risen as much as 153 per cent from their 52-week low.

“The proposed semiconductor manufacturing fab unit will operate on the 28nm technology nodes with wafer size 300 mm; and the display manufacturing unit will produce Generation 8 displays catering to small, medium and large applications,” a joint statement released on Tuesday read.

ETMarkets have considered only those stocks that have doubled wealth in the second half of the last two fiscal years (2HFY20 and 2HFY21). Further, we picked only stocks with a market cap of Rs 500 crore and exclude companies that made losses in any of the last 2 fiscal years.

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For the quarter ended June 30, 2022, the company has reported a consolidated total income of Rs 72822.02 crore, down 8.22 % from last quarter total income of Rs 79341.61 crore and up 8.71 % from last year same quarter Total Income of Rs 66988.05 crore.

7 realty and auto stocks to bet on now: Hemang Jani

Updated at : 2022-09-14 15:20:02

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“Prestige and Brigade are the two names where we see a 30% upside. Apart from that, Bombay being a big market, Lodha and Oberoi are our preferred picks in the Mumbai market. In auto, there is strong growth visibility in Maruti and Mahindra & Mahindra and in two-wheelers, we like Hero Motor.”

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A total of 18,181 shares changed hands on the counter till 01:45PM (IST)

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Despite a steep depreciation in rupee, pushing it to new lows, software exporters have remained out of favour. Majority of them rule out expectations of a sharp recovery anytime soon, but are bullish on the space in the long run.

Voltas declines 1.44% as Sensex slides

Updated at : 2022-09-14 15:20:02

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The stock traded at a P/E multiple of 64.81, while the price-to-book value ratio stood at 7.49.

The Nikkei share average dropped 2.95% shortly after markets opened and closed down 2.78% at 27,818, after the Nikkei newspaper reported that the BOJ conducted a rate check in apparent preparation for currency intervention amid sharp declines in yen.

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