Latest Stock Market News

“The stocks Uber sold were like 2.5x subscribed, I do not know. I have been getting these whatsapp messages that Uber stock was subscribed 2.5x or some other message said 4x. I have no idea what is the truth but there is so much interest in buying the stock as well.”

This is the second project awarded by NTPC to Inox Wind in the recent past, after a 150 MW order that was received last year. A few years ago, INOX Wind had executed a 50 MW turnkey wind project for NTPC in Gujarat."We hope to foster a long-term relationship with NTPC and become their trusted supplier and an enabler in achieving their ambitious renewable energy target," said CEO Kailash Tarachandani.

During the quarter, DIL opened 25 new restaurants for KFC taking the total count to 391. While for Pizza Hut, it added 34 stores taking the total count to 436 stores.It was operating 69 stores of Costa Coffee by the end of June 30, 2022.DIL also operates 29 stores of KFC in Nigeria and 18 stores of KFC and Pizza Hut in Nepal.

The stock traded at a P/E multiple of 69.91, while the price-to-book value ratio stood at 7.87.

In Japan, Daikin Industries jumped 3.96% as the air-conditioning systems maker lifted its outlook, while West Japan Railway rose 3.47% after posting a quarterly operating profit.

"It means institutional investors are looking at bitcoin like any other asset," he said. "When the market turns - and it will turn - these institutions will come back and invest in crypto."Gains were not limited to bitcoin, as the value of the global cryptocurrency market crept back above $1.15 trillion last month, adding over $255 billion since the end of June, CoinGecko data showed.

The stock quoted a 52-week high of Rs 754.1 and a 52-week low of Rs 554.1.

Lemon Tree Hotels Ltd., incorporated in the year 1992, is a Mid Cap company (having a market cap of Rs 5236.75 Crore) operating in Tourism & Hospitality sector.

The stock rose more than 4 per cent in a week and over 10 per cent in a month. The recent price action helped the stock to climb above the 50-DMA in the last week of July. The moving average is now acting as crucial support for the stock.

A total of 540,490 shares changed hands on the counter till 02:10PM (IST).