The stock traded at a P/E multiple of 6.4, while the price-to-book value ratio stood at 1.27.
Finance Minister Nirmala Sitharaman remarked that states are cautious about implementing GST rate cuts, aiming to protect revenue without imposing additional burdens on people. Discussions on revising GST rates are expected to begin in the GST Council's meeting on September 9.
A video of an elderly man facing water cannons while holding the national flag during the 'Nabanna Abhijan' protest went viral. The protest in Kolkata was against the West Bengal government over an incident involving a doctor. The BJP praised the man's defiance, while the TMC questioned his presence among student protesters.
Hyundai Motor Co. plans to double its hybrid car lineup amid slowing demand for pure electric vehicles and has announced a 4 trillion won share buyback to boost investor returns. The company will increase its hybrid models to 14 and maintain its target of selling 2 million EVs annually by 2030.
On the technical charts, the RSI of the stock stood at 58.61.
Orient Technologies Share Price: Despite the listing being below grey market expectations, the IPO was oversubscribed 152 times, showing solid investor confidence.
More than 12 months later, Tesla's network, with nearly 30,000 fast-charging plugs in the United States and Canada, remains largely inaccessible to most people who don't drive Teslas because of software delays and hardware shortages. Tesla built the Supercharger network to encourage sales of its vehicles. Tesla built the Supercharger network to promote sales of its cars. By opening up the network, Tesla can make money from drivers of other car brands, who pay per kilowatt-hour to charge.
A total of 11,089 shares changed hands on the counter till 12:07PM (IST).
Prime Minister Narendra Modi will address the Indian diaspora on September 22 in New York at the 'Modi & US Progress Together' event. Organized by the Indo-American Community of USA, the event has seen 24,000 registrations despite a venue capacity of 15,000. Modi is also scheduled to speak at the UN General Assembly on September 26.
A total of 7,200 shares changed hands on the counter till 12:02PM (IST)
BCD Group has appointed Ashwinder R. Singh as Vice Chairman and CEO, elevating Angad Singh Bedi to Chairman and Managing Director. Singh brings 27 years of real estate expertise, including leadership roles at Bharti Urban and JLL. He will focus on residential and integrated township development along with reinforcing BCD Group's core competencies.
India has signed a new contract to import 73,000 SiG Sauer SiG-716 assault rifles from the US, adding to the 72,400 rifles previously acquired for Army use. This repeat order, valued at Rs 837 crore, is intended for frontline troops along the China and Pakistan borders. The procurement comes amid delays in the production of Russian AK-203 rifles in India.
A total of 5,519 shares changed hands on the counter till 11:57AM (IST)
Bharti Airtel will hold over 50 per cent stake in Indus Towers after the ongoing Rs 2,640-crore share buyback scheme is completed. Indus Towers began the buyback of over 5.67 crore shares at Rs 465 each on August 14. Currently, Bharti Airtel has a 48.95 per cent stake in Indus Towers.
The two-wheeler industry is expected to grow by 8% year-on-year, driven by strong rural and urban demand. The tractor industry should see about 4% growth, while the passenger vehicle segment and commercial vehicles may decline due to high base effects, according to a report by a wealth and investment firm Nuvama. India's auto exports show positive growth, especially in two-wheelers and passenger vehicles.
A total of 2,096 shares changed hands on the counter till 11:52AM (IST)
Jay Shah's rapid ascent from district-level cricket administration to becoming the youngest ICC chairman highlights his influence, vision, and leadership, transforming both Indian and global cricket at just 35 years old.
And on Saturday, Pavel Durov, who founded the online communications tool Telegram, was arrested in France as part of an investigation into the platform's complicity in crimes including possession and distribution of child sexual abuse imagery.
The railway ministry has renamed eight railway stations in Amethi district following a proposal by former MP Smriti Irani. The new names include Jais City, Guru Gorakhnath Dham, and Maa Kalikan Dham. The changes were delayed due to the Lok Sabha elections and have now been officially notified.
The Chennai event saw a full house, bringing together a range of entrepreneurs, industrialists, policymakers and experts to discuss ways to strengthen the might of the industrial ecosystem in the region.
The top court referred to the August 9 verdict in the money laundering and corruption cases involving former deputy chief minister Manish Sisodia to say that liberty of the individual is always the rule and deprivation of it by procedure established by law is the exception.
A total of 176,359 shares changed hands on the counter till 11:46AM (IST)
Congress leader Rahul Gandhi is expected to shorten his USA visit in September to 5-7 days due to upcoming assembly polls in Jammu and Kashmir and Haryana. This will be his first visit since becoming the Leader of the Opposition in Lok Sabha. In his absence, Priyanka Gandhi will kickstart the party's campaign in September, with several rallies planned in both states.
A total of 56 shares changed hands on the counter till 11:42AM (IST)
