The stock quoted a 52-week high price of Rs 6442.65 and low of Rs 4518.35.
The Nifty Realty index was trading 0.47 per cent down at 1033.2.
Orient Technologies' shares debuted with a significant premium on BSE and NSE compared to its issue price. The IPO received strong investor interest, especially from non-institutional investors. The proceeds will fund capital expenditures and office acquisitions. The company, specializing in IT infrastructure, reported a notable revenue and profit increase in FY24.
Daily life was disrupted in parts of West Bengal due to a 12-hour shutdown called by the BJP, protesting police action against demonstrators marching to the state secretariat. In Kolkata, fewer vehicles were seen on roads, and attendance in private offices was low. BJP and TMC supporters clashed in various locations, causing tension and disruptions.
The stock quoted a 52-week high of Rs 10300.0 and a 52-week low of Rs 6634.6.
Chitale Bandhu Mithaiwale celebrates its 75th anniversary with a new chapter, teaming up with cricket legend Sachin Tendulkar as its brand ambassador. Founded in 1950, the brand is renowned for its Indian sweets and snacks, and now aims to bring continued joy with a new range inspired by consumer favorites.
ICICI Prudential Life Insurance reached a record high in August 2024 and has been consolidating around Rs 700 since July. Experts recommend buying on dips, targeting Rs 820 within 3-4 weeks. The stock remains above critical support levels and moving averages, reflecting bullish sentiment among traders.
"Our aim is to unlock the extensive Indian talent in data, cloud, AI and product development to build products for our users in Australia. REA cyber city teams will work directly with Australian teams on the group's leading products and platforms to shape and deliver experiences for millions of consumers every day across all stages of the property journey", Maidment told ET.
The Panama Canal is easing restrictions on vessel transits due to rising water levels after a severe drought. With recent rains, the canal will now accommodate 36 vessels daily and has increased the draft limit.
Ecos Mobility and Hospitality has opened its IPO for subscription, lasting until August 30. The IPO is an offer for sale of 1.8 crore shares, with a price band of Rs 318-334 per share. Analysts recommend subscribing, highlighting the company's strong position in the corporate chauffeur-driven car service segment.
In 2022, South Asia saw a surprise improvement in air quality, leading to a global decline in pollution, likely due to favorable weather conditions, according to a new report released Wednesday. However, the region still suffers from the world's most polluted air, causing its residents to lose more than 3.5 years of life expectancy on average, warns the annual Air Quality Life Index (AQLI).
Gold October futures on MCX opened flat at Rs 72,040 per 10 gram, while silver September futures were trading at Rs 85,330/kg. Both metals showed high volatility amid U.S. consumer confidence data and dollar index fluctuations.
A human case of bird flu has been reported in Puri district, Odisha. The health department is closely monitoring the area, with surveillance zones established and door-to-door awareness campaigns underway. Tamiflu medicines and N95 masks are being distributed as part of the containment strategy, while over 25,000 birds have been culled.
Mutual funds have raised their stakes in ten key companies from the Nifty200 index during Q1 FY25. Stocks such as Mphasis, Gland Pharma, and Indus Towers saw significant increases. Other notable climbs were registered in Vodafone Idea, Jubilant FoodWorks, and Kotak Mahindra Bank, indicating growing investor confidence.
A fraudster posing as Chief Justice of India DY Chandrachud sought Rs 500 on Instagram, claiming to need cab fare from Connaught Place to the Supreme Court for an urgent meeting. The incident went viral online, prompting the Supreme Court to file an FIR with Delhi Police's cyber unit for investigation.
GMM Pfaudler shares surged by 8% to Rs 1,511 on the BSE due to a Rs 557 crore block deal. Approximately 41.2 lakh shares, representing 9.2% equity, were traded. The official parties involved in the large trade are not currently known. Over the past year, the company’s shares have dropped 4.5%, and by 7.2% year-to-date.
The Indian market is expected to consolidate on Wednesday with mixed global cues. Nifty futures fell 0.17% to 25,001. India VIX decreased to 13.70. Options data suggests a broader range of 24,600-25,500 and an immediate range of 24,800-25,300. Key support is at 24,900 and 24,800.
Orient Electric Ltd., incorporated in the year 2016, is a Mid Cap company (having a market cap of Rs 5637.13 Crore) operating in Consumer Durables sector.
Sensex and Nifty were slightly higher on Wednesday, driven by gains in auto and energy stocks. Notable gainers included M&M, Tata Motors, and Reliance Industries. NBCC gained over 8% as its Board is set to meet for potential bonus shares issuance.
Shares of Balu Forge Industries, backed by investor Ashish Kacholia, have surged over 1300% in the last two years, driven by strong profit growth. The stock, which manufactures crankshafts and forged components, saw profit booking on Monday, falling by 1.5%. Experts suggest monitoring the Rs 740 and Rs 800 levels for future price action.
According to Sebi norms, medium to long term funds have a mandate to invest in debt and money market instruments in such a way that the Macaulay's duration of the portfolio is four to seven years. Since these schemes invest in long-term debt instruments, they are considered risky.
Havells India Ltd., incorporated in the year 1983, is a Large Cap company (having a market cap of Rs 118851.32 Crore) operating in Consumer Durables sector.
The Income Tax Appellate Tribunal (ITAT) ruled on Tuesday that the JN Tata Endowment (JNTE) for higher education abroad would continue to enjoy income-tax exemption despite offering loan-scholarships to Indian students studying overseas. This decision ensures that the foundation's tax-exempt status remains intact.
Gujarat Ambuja Exports Ltd. key Products/Revenue Segments include Other Agro Products, Yarn, Other Operating Revenue, Power Generation for the year ending 31-Mar-2024.
Federal Bank Ltd., incorporated in the year 1931, is a banking company (having a market cap of Rs 48198.95 Crore).
