Latest Stock Market News

Star investor Vijay Kedia publicly holds 15 stocks with a net worth of over Rs 650.5 crore, as per the latest corporate shareholdings filed. In the December quarter, Kedia included shares of Siyaram Silk Milk in his kitty.

Gland Pharma Ltd on Monday reported a 15 per cent decline in consolidated net profit at Rs 231.95 crore for the third quarter ended December 2022, impacted by production delays due to supply disruptions.

It was also alleged that the unlawful gains that had accrued to the noticees as a result of their alleged front-running activity was to the tune of Rs 68.88 lakh and resulted in the violations of PFUTP rules, Sebi said in an order passed on Monday.

A total of 3,871 shares changed hands on the counter till 01:18PM (IST).

It seems the institutions are trying to bring their average price down as most of the stocks they have been buying have been underperformers and more importantly, the outlook does not give many reasons for a fresh buy, independent market expert Ambareesh Baliga told ETMarkets.com.

The stock quoted a 52-week high price of Rs 919.5 and low of Rs 595.85.

Demand for M&HCVs is robust, PVs were good while 2Ws were tepid after the festival season, but are expected to return to normalcy in the long term.

On the technical charts, the RSI of the stock stood at 50.53.

LTIMindtree, incorporated in the year 1996, is a Large Cap company (having a market cap of Rs 134129.80 Crore) operating in IT Software sector.

The stock quoted a 52-week high of Rs 268.9 and a 52-week low of Rs 170.65.