Latest Stock Market News

On the technical charts, the RSI of the stock stood at 64.31.

A total of 105,015 shares changed hands on the counter till 02:15PM (IST).

The current chairman of Tata Sons, Natarajan Chandrasekaran, is being considered for extension after his term ends in February, while heads of various Tata group firms, including Tata Steel Ltd., are being evaluated for the CEO position

Given the scope of premiumisation in product categories, cost-saving initiatives, focus on acquiring digital capabilities and the management commentary on double-digit growth in earnings, most brokerages said the stock could rise up to 20 per cent over the next 12 months.

China Evergrande Group plunged nearly 12% to its lowest in more than six years, after it warned of a risk of cross-default as real estate sales continued to plunge.

“Within the auto sector, I prefer two- wheelers - both Bajaj Auto and Hero.”

The stock quoted a 52-week high price of Rs 140.55 and low of Rs 82.15.

Promoters held 0.0 per cent stake in the company as of 30-Jun-2021, while FII and DII ownership stood at 40.14 per cent and 31.48 per cent, respectively.

Kotak Securities said the turn of events is likely to result in an end to governance concerns, improvement in cash generation and a possible change in management.

Devilz Tattooz is working with crypto-exchange platforms like Wazir X and Trust wallet to accept payments, the company said.