Latest Stock Market News

As Apple is expanding its market reach, which will surely help its profitability, here is the YoY market cap data that shows how it crossed $2 trillion m-cap in 5 years.

Within the midcap category, the majority of stocks have experienced a drop of over double digits from their peak, with five stocks from the list falling more than 50%.

The stock quoted a 52-week high price of Rs 1674.0 and low of Rs 1005.7.

The stock was trading at Rs 581.90 on the BSE on Friday at 12:45 pm and was up Rs 49.90 or 9.38% from the previous closing price on Thursday.

​On the back of the Russia-Ukraine crisis, high inflation and the fear of recession, the equity market delivered muted returns in the past one year.​

A total of 68,562 shares changed hands on the counter till 02:04PM (IST)

Despite a weak and volatile market, Grauer & Weil (India) shares have given a robust near 30% returns, this year, and the stock is placed strongly on the charts. The stock has a potential upside of up to 25% aided by technical and fundamental triggers.

Shares of the lender have been a big underperformer in 2023, as it dropped nearly 20%. However, much of this fall has been triggered by expectations of stake sale by peer lenders following the expiry of the 3-year lock-in period.

As of 31-Mar-2023, promoters held 0.0 per cent stake in the company, while FIIs held 15.21 per cent and domestic institutional investors had 4.59 per cent.

The Board of Family Care Hospitals has approved the split of the nominal value of its equity shares from Rs 10 each to Re 1 each. The split will help in increasing the liquidity in the market, with the aim of making the shares more affordable for new investors. Further, the Board has approved keeping the paid-up share capital unchanged, and it has rejected the proposal for issuing bonus shares. The stock split will result in the stock price being adjusted on the ex-split date according to the split ratio, and shares of Family Care Hospitals were trading higher by 0.85% on Friday.