Latest Stock Market News

A total of 148,002 shares changed hands on the counter till 02:10PM (IST)

Taking a dig at wealth advisors at the annual general meeting of Berkshire Hathaway, Buffett said that if they told everybody what a simple game of investing was, 90 per cent of the income of the people that were speaking would disappear.

Worried over the continuous uptick in inflation, which remained above the RBI’s tolerance range for four months, it hiked policy rates by 40 basis points earlier this month after an unscheduled meeting.

A total of 98,698 shares changed hands on the counter till 01:14PM (IST).

Total income for the quarter under review was at Rs 1,396.72 crore, as against Rs 1,461.44 crore registered in corresponding quarter last fiscal.

At the interbank foreign exchange, the rupee opened at 77.60 against the American dollar and then inched up to quote at 77.59, registering a rise of just 2 paise over the previous close. It was moving in a close range of 77.59 to 77.61 in early deals.

Fuel prices rose 20% on Friday, causing long lines to form at filling stations as the news spread. The new price of petrol will be 179.86 rupee per litre and diesel will be 174.15 rupee.

M M Forgings Ltd., incorporated in the year 1946, is a Small Cap company (having a market cap of Rs 1906.16 Crore) operating in Auto Ancillaries sector.

As of 31-Mar-2022, promoters held 0.0 per cent stake in the company, while FIIs held 13.34 per cent and domestic institutional investors had 15.31 per cent.

The Relative Strength Index of the stock stood at 54.0 on Friday.