The stock traded at a P/E multiple of 35.18, while the price-to-book value ratio stood at 6.74.
The NSE Nifty index was trading 64.85 points up at 24651.55
A debt that remains unpaid beyond a specified period is termed as a non-performing asset (NPA).
A total of 2,814 shares changed hands on the counter till 11:01AM (IST)
World Snake Day 2024 (Google Trends): Snake Day, observed on July 16, educates the public about snakes' ecological roles, dispels myths, and promotes conservation. Snakes control pests and are crucial for ecological balance. During monsoon, rising water levels increase snake sightings near human habitats. Experts stress the importance of coexistence and advise contacting professional rescuers to safely handle snake encounters.
The Nifty Auto index was trading 0.45 per cent up at 25533.8.
A robber targeted the residence of a prominent Marathi writer, Narayan Surve, but returned the stolen valuables after realizing whose house it was. The thief left a note seeking forgiveness for the theft. Police are investigating further based on fingerprints found on the stolen items.
Ride-hailing company Namma Yatri has raised Rs 92 crore or $11 million in a pre-Series A funding round. This was led by Blume Ventures and Antler, while tech giant Google also participated, among other investors. The company will use the capital to boost driver earnings and product innovation.
On July 15, five stocks in the Nifty500 pack were identified by the "White Marubozu" bullish scanner. The White Marubozu is a bullish candlestick pattern in technical analysis.
Lieutenant Governor Manoj Sinha promises justice for soldiers killed in a terrorist encounter in Doda district. Four army personnel, including an officer, lost their lives during the operation. Sinha urges the public to provide accurate information to strengthen anti-terror efforts and offers condolences to the bereaved families.
Union Budget 2024 might introduce GST reforms favoring MSMEs, critical to GDP, employment, and exports.
The stock quoted a 52-week high of Rs 1826.2 and a 52-week low of Rs 840.95.
In June, food inflation surged, pushing Consumer Price Index (CPI) inflation to 5.1% from 4.8% in May, mainly due to rising prices of vegetables, cereals, milk, and fruits. Despite a supportive base effect, food inflation hit 9.4%, with vegetable inflation reaching 29.3%. Non-food inflation eased to 2.3%.
The Nifty Realty index was trading 1.83 per cent up at 1128.15.
Paytm shares dropped 2% after SEBI's July 15, 2024, letter flagged FY 2021-22 transactions lacking required approvals. Paytm asserts compliance, operational stability, and transparency. SEBI demands corrective actions to ensure adherence to regulations. Paytm shares have fallen 30% year-to-date, and the company pledges to respond to SEBI and prevent future issues.
The stock quoted a 52-week high price of Rs 42850.0 and low of Rs 33100.0.
The engineering sector, a key contributor to the economy, is seeing export growth. To maintain this trajectory. It wants better access to credit and incentives to modernise technology and machinery.
Jio Financial shares fell 3% to Rs 346.80 following a Q1FY25 net profit drop to Rs 313 crore. Revenue was Rs 418 crore, interest income Rs 162 crore. Sequential net profit increased to Rs 311 crore. Standalone PAT recorded Rs 72 crore. Shares surged 48% year-to-date since August 21, supported by partnerships with 31 insurance firms.
This traditional procession from Guru Bazar to Dalgate in Srinagar was banned from 1989, when people took up arms in the Valley, and the administration lifted the ban in 2023, after a series of meetings and conditions put before the community leaders.
Gold and silver futures opened flat, Jerome Powell's comments hint at inflation control aiding potential rate cuts. Gold rose Rs 1,600, silver Rs 3,300 in July.
Promoters held 0.0 per cent stake in the company as of 31-Mar-2024, while FII and DII ownership stood at 24.51 per cent and 3.1 per cent, respectively.
Union Minister Jitendra Singh expressed deep concern over the deaths of four soldiers, including an officer, in an encounter with terrorists in Jammu and Kashmir's Doda district. Congress chief Mallikarjun Kharge also expressed distress over the loss of the soldiers and called for a recalibration of security strategy. The Indian Army conducted a search operation in Doda using a helicopter, following an exchange of fire with terrorists in the area.
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A total of 3,798 shares changed hands on the counter till 10:35AM (IST)
