Latest Stock Market News

As of 31-Dec-2021, promoters held 66.33 per cent stake in the company, while FIIs held 17.25 per cent and domestic institutional investors had 1.81 per cent.

Prism Johnson Ltd., incorporated in the year 1992, is a Mid Cap company (having a market cap of Rs 6218.97 Crore) operating in Cement sector.

“This is the ideal period to buy stocks that one has missed out on earlier. We have seen a two-year bull market till now and many companies have created considerable wealth over the last two-three years. Their stocks have been multibaggers over the past two-three years but are available now at 30-40% lower prices and provide a margin of safety. Once this entire uncertainty is over and done with, growth stocks come back and may be first off the block.”

While suggesting a target of Rs 660 on the stock (up 32 per cent over the last close of Rs 498.20), JPMorgan said the JLR owner can achieve its zero net debt target. The brokerage added that the automaker has seen improvement in product mix and right-sizing of cost and investments in JLR.

The Relative Strength Index of the stock stood at 36.47 on Thursday.

A total of 11,852 shares changed hands on the counter till 12:03PM (IST)

KNR Constructions Ltd. key Products/Revenue Segments include Income From Contracts and Other Operating Revenue for the year ending 31-Mar-2021.

According to reports, the company said this amount is proposed to be raised by the issuance of securities, including bonds, debentures, non-convertible debentures (NCDs) and commercial papers of any other marketable instruments in one or more tranches on private placement or any other mode.

"We might witness some volatility due to weekly expiry and global scenarios in the near term. Hence, opt for a stock selective approach and avoid aggressive bets," said Sameet Chavan of Angel One.

The company’s consolidated revenue grew by 15 per cent to Rs 492 crore from Rs 427 crore during the period.