The stock quoted a 52-week high price of Rs 896.75 and a 52-week low of Rs 250.15.
Cement Stocks: This quarter’s results show the asset quality seems to have peaked and the best of the asset quality seems to be behind the banking sector, which is fine, like it is an industry where there will be cycles of NPA formation and cut-downs. However, the upswings will be much lower, says Sandip Sabharwal
The Nifty IT index was trading 0.27 per cent down at 40866.75.
On July 26, futures open interest surged for NSE F&O stocks, leading to a total increase of over 10% compared to the previous trade.
On Sunday, Tamil Nadu experienced three separate murders of political figures from AIADMK, BJP, and Congress. AIADMK spokesperson Kovai Sathyan criticized Chief Minister MK Stalin and the DMK for alleged lawlessness and accused the police of failing to act against DMK affiliates. Police have detained two suspects in connection with one of the murders.
Bangladeshi students have called for fresh street protests on Monday after Prime Minister Sheikh Hasina's government failed to meet their ultimatum for releasing detained leaders and apologizing for recent violence. The unrest, sparked by protests against civil service job quotas, resulted in over 205 deaths. The government responded by deploying troops, imposing curfews, and shutting down the internet. Student leaders demand the release of their detained peers, an apology from Hasina, ministerial dismissals, and the reopening of schools. Читать дальше...
RITES Share Price Latest Updates: In Q4 FY24, state-owned RITES experienced a slight decline of 1.59% in its consolidated net profit, reaching Rs 136.67 crore, attributed to a decrease in revenues. This compares to a profit of Rs 138.89 crore recorded in the same period the previous year.
The Nifty Pharma index was trading 0.17 per cent down at 21566.8.
MakeMyTrip achieved over $2 billion in bookings in Q1, driven by international travel and young travelers' multiple vacations. CEO Rajesh Magow outlined plans for further growth through international hotels, homestays, and diversified travel segments, anticipating growth in international revenue as visa issues resolve.
Javed Akhtar's X account was hacked, leading to a "harmless" message about the Indian team for the Paris 2024 Olympics being sent from his profile. The 79-year-old lyricist confirmed the breach and stated that a complaint is being filed with X authorities. In another development, Manu Bhaker secured a bronze medal in shooting at the Olympics, becoming the first Indian woman to achieve this milestone. She received widespread praise from celebrities and Prime Minister Modi for her historic win.
Simple Energy secured USD 20 million in Series A funding. The newly raised funds will be used to scale up the production capacity, support the company's entry into new markets and facilitate new product development, it added.
Promoters held 50.05 per cent stake in the company as of 30-Jun-2024, while FII and DII ownership stood at 5.65 per cent and 15.72 per cent, respectively.
The 30-share BSE Sensex was up 369.9 points at 81702.62
Congress MP K Suresh stated Rahul Gandhi will "expose" Finance Minister Nirmala Sitharaman's Union Budget 2024 in his Lok Sabha speech. Gandhi criticizes the budget for neglecting key issues and favoring Bihar and Andhra Pradesh. The Congress, part of the INDIA bloc, has no set strategy but will discuss it with allies.
ICAI CA Foundation Result 2024 (Google Trends): The Institute of Chartered Accountants of India (ICAI) will announce the results of the Chartered Accountancy Foundation exam on July 29, 2024. Candidates can check their results on the official ICAI website by entering their registration and roll numbers. The CA Foundation exam was held on June 20, 22, 24, and 26, 2024.
A total of 5,553 shares changed hands on the counter till 11:06AM (IST).
The Nifty Realty index was trading 1.74 per cent up at 1096.35.
On July 26, three Nifty50 stocks appeared on StockEdge's bullish scanner for "White Marubozu," a pattern where opening is lowest and closing is highest.
A total of 1,938,375 shares changed hands on the counter till 11:01AM (IST)
The NSE Nifty index was trading 96.25 points up at 24931.1
Badminton great Pullela Gopichand, squash champion Saurav Ghosal, and table tennis No. 1 Sharath Kamal gave an undisclosed amount of funding to the Bengaluru-based company, which helps people playing physical sports regularly find skilled players to play with and coordinate games.
Recently, the Delhi High Court reserved the order on Delhi Chief Minister Arvind Kejriwal's plea challenging his arrest by the Central Bureau of Investigation (CBI) in connection with the Excise policy case. The Court also reserved the order on the issue of Kejriwal's plea for interim bail.
ICICI Bank's stock surged 2.5% following a reported 14.6% increase in its June quarter's standalone profit. Analysts praised its strong earnings, stable asset quality, and lower-than-expected slippage. Companies like Morgan Stanley and Nuvama raised target prices, showing confidence despite some margin pressure. The bank's consistent performance continues to inspire optimism.
L&T's PT&D business won significant domestic and international contracts to construct substations and transmission lines. These projects are crucial for India's renewable energy zone and improving power infrastructure in Saudi Arabia and the UAE. The new orders fall in the 'Large' category, valued between Rs 2,500 to Rs 5,000 crore.
