Tata Communications share price: The stock surged 5.63 per cent to hit a lifetime high value of Rs 2,137.20. It eventually settled 5.18 per cent higher at Rs 2,128.25.
"Pursuant to Regulation 29 of Listing Regulations, Notice is hereby given that the meeting of the Board of Directors of the Company (the “Board”) is proposed to be scheduled on Tuesday, October 8, 2024, to consider and approve the Fourth Interim Dividend on equity shares, if any, for the Financial Year 2024-25," the company stated in a post-market hours filing.
IEX share price: The counter traded lower than the 5-day, 10-, 20-day and 30-day simple moving averages (SMAs) but higher than the 50-day, 100-, 150-day and 200-day SMAs. The scrip's 14-day relative strength index (RSI) came at 44.09. A level below 30 is defined as oversold while a value above 70 is considered overbought.
CESC is a fully integrated power utility company. It is the sole electricity distributor within 567sqkm of Kolkata and Howrah and serves 36 lakh consumers.
HDFC Bank share price target: BNP Paribas suggested a target price of Rs 2,550 on the stock. This is 44 per cent higher than the prevailing stock price of Rs 1,778.40 apiece.
HDFC Bank share price: As per BSE data, a block deal happened today in which 30,72,730 shares, valued at Rs 543.27 crore, changed hands. The floor price for the deal was set at Rs 1,768.05. However, the official buyers and sellers of the block deals are not yet known.
Piramal Pharma share price: The stock was last seen trading 4.13 per cent higher at Rs 225.65. At this price, it has gained 62.87 per cent on a year-to-date (YTD) basis.
Easy Trip Planners share price: The counter traded lower than the 5-day, 10-, 20-, 30-, 50-, 100-, 150-day and 200-day simple moving averages (SMAs). The scrip's 14-day relative strength index (RSI) came at 29.12. A level below 30 is defined as oversold while a value above 70 is considered overbought.
In a conversation with Business Today, the CEO and Fund Manager of Whitespace Alpha, a category III AIF, talks about AIFs, current market trends, risk management, promising sectors, and more
Tata Power and Renew Power had cash return on gross capital invested (CRoGCI) of 10.8 per cent each, while Adani Green had a CRoGCI of 14.7 per cent in FY2024.
The PSU stock is up a mere 3 per cent in 2024 so far, after falling 25 per cent from June 4 high of Rs 1,193.95. This is against a strong 35 per cent rise in the BSE PSU index year-to-date.
UCO Bank, Bank of India, Indian Overseas Bank and Union Bank saw 25-30 per cent fall from 52-week high levels. PNB, Central Bank of India, Bank of Baroda and Bank of Maharashtra also declined in the range of 18-22 per cent.
Easy Trip Planners share price: The stock fell 7.46 per cent to hit a low of Rs 37.96 on BSE. With this, the stock is down 13.60 per cent in the past six months. It has also erased its year-to-date gains.
Delta Corp shares jumped 9.74 per cent to hit a high of Rs 141.85 on BSE. The stock is up 19 per cent in the past six months, yet it is down 7.60 per cent in 2024 so far.
Kamath pointed to new regulations from SEBI, which are expected to impact the brokerage’s core business operations starting October 1, 2024. "We are already seeing revenue and profit plateau."
He noted that while Zerodha's business may appear stable based on its financials, the reality is that it could change rapidly due to shifts in regulation or market conditions.
UltraTech Cement Ltd, InterGlobal Aviation Ltd, Hitachi Energy Ltd, Astral, Embassy REIT, Kajaria Ceramics and Amber Enterprises are other stocks with 'Buy' ratings. Â
Reliance Power shares: Promoter Jai Anmol Ambani has paid Rs 1 crore imposed by the market regulator Securities and Exchange Board of India (SEBI) in its order on September 23, without admitting the liability.
Easy Trip Planners: Nishant held 49,84,10,788 shares or 28.13 per cent stake in Easy Trip Planners as on June 30. Rikant held 45,86,40,176 shares or 25.88 per cent stake, while Prashant owned 18,23,27,120 shares or 10.29 per cent stake.
Tata Motors share price: The stock has slipped 10.53 per cent in the past one month. Despite the mentioned drop, it has gained 23.61 per cent on a year-to-date (YTD) basis as against a 17.49 per cent rise in benchmark BSE Sensex during the same period.
IEX share price: The stock, which scaled its 52-week high of Rs 244.35 in intraday trade, eventually settled 11.56 per cent lower at Rs 211.60. At this price, it has gained 57.91 per cent in past six months and 26.10 per cent on a year-to-date (YTD) basis.
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