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Promoters held 39.98 per cent stake in the company as of 30-Sep-2024, while FII and DII ownership stood at 26.73 per cent and 9.39 per cent, respectively.

​So, all in all put together you are having a larger prospects of better industrial activity. Also, because of the fact that with America resuming two programmes, one on the tariff and second on Make in America, I believe that the demand for IT and IT related service of Indian companies will be on the rise.

The Relative Strength Index of the stock stood at 44.55 on Tuesday.

Shares of UPL surged 5.6% to Rs 552.70 on Tuesday after the agrochemical company reported a net loss of Rs 443 crore for Q2 FY25, more than 2.3 times higher than the loss in the same period last year. Revenue for the quarter increased to Rs 11,090 crore, up from Rs 10,170 crore, driven by a 16% YoY growth in volumes, despite a 7% drop in prices and flat forex rates.

A total of 24,151 shares changed hands on the counter till 11:58AM (IST).

Bitcoin’s rally fuels hedge fund profits as institutional demand spikes, with futures prices nearing $85,000 and a growing bet on $100,000 by year-end. Leverage and margin trades intensify.

Shree Cement’s shares fell 4% on Tuesday to Rs 23,500.15 after the company reported an 80% YoY drop in Q2 profit, down to Rs 93.13 crore. The decline was driven by weak demand and lower prices for cement. Despite the seasonally slow quarter, sales volume also dropped 7% to 7.60 million tonnes.

As of 30-Sep-2024, promoters held 46.09 per cent stake in the company, while FIIs held 19.02 per cent and domestic institutional investors had 15.27 per cent.

​But overall, fundamental strength as I see it I the metal commodities, the chemical commodities, the banking stocks in particular I see better earnings outlook going forward in the third and the fourth quarter and of course including the manufacturing space, particularly the power and power-related products.

The stock quoted a 52-week high of Rs 196.80 and a 52-week low of Rs 97.59.