Manipur / Business Today
Analysts highlight increased competition as a reason, say growth drivers in place in the long term
HDFC Bank stock: Nirmal Bang said while the higher deposit growth is likely to impact net interest income (NII) growth in the near term, it is positive on HDFC Bank for the long term.
Waaree Energies share price: The stock on Tuesday settled 6.93 per cent lower at Rs 2,899.45. At this closing value, it has slipped 22.49 per cent from its all-time high value of Rs 3,740.75, a level seen earlier this month on November 6.
Titan Company Ltd, Concord Biotech, Star Health and Allied Insurance Ltd, Tata Motors and Metro Brands, Jhunjhunwala's top five stocks in terms of value of investments, fell 6-24 per cent since September quarter.
At 77,578.38, the BSE Sensex is down 8,399.87 points, or 9.76 per cent over its all-time high of 85,978.25 hit on September 27. Nifty at 23,518.50 is down 2,758.85 points, or 10.50 per cent, over its record high of 26,277.35.
Suzlon Energy stock closed 4.97% higher at Rs 62.35 on BSE. The renewable energy stock touched an intra day high of Rs 62.37 on Tuesday.
Share of Global Health Ltd settled at Rs 1086.40 on Tuesday, rising nearly half a per cent for the day with total market capitalization slightly below Rs 30,000 crore.
Zomato share price today: The multibagger stock is trading near its 52 week high of Rs 298.20 reached on September 24, 2024. It has gained 304% in two years and risen 122.10% in a year.
The market regulator also proposed changes to allocation methodology for non-institutional investor in SME IPOs.
Delhi-based NTPC Green Energy is selling its shares in the price band of Rs 102-108 apiece. Investors can apply for a minimum of 138 shares and its multiples thereafter.
Shares of PG Electroplast rallied more than 15 per cent to Rs 718.35, hitting its new 52-week highs, commanding a total market capitalization of more than 18,000 crore.
Waaree Energies stock closed 6.81% higher at Rs 3115 on Monday against the previous close of Rs 2916.60. On an intra day basis, the stock climbed to Rs 3185.90 on BSE.
List includes stocks like Reliance Industries, ONGC, Cholamandalam Investment, Samvardhana Motherson, and more.
The multibagger stock clocked a turnover of Rs 34.15 crore as 0.22 lakh shares changed hands on BSE in todays session.
The IPO Enviro Infra Engineers includes a fresh share sale of 3,86,80,000 shares worth Rs 572.46 crore, while its promoters will offload 52,68,000 shares via OFS route.
Shares of Honasa Consumer hit a 20 per cent lower circuit at Rs 295.80 on Monday, hitting its 52-week low, commanding a total market capitalization of slightly above Rs 9,600 crore.
Shares of Hero MotoCorp rallied more 5 per cent during the trading session on Monday after the two-wheeler major reported a strong set of numbers in the September 2024 quarter.
Suzlon Energy stock has seen weakness in the short term with the scrip tumbling 29% in the last three months. The stock has been trading below the Rs 60 mark since November 12.
On Monday, the BSE Sensex was trading at 77,095.72, down 484.59 points or 0.62 per cent. Nifty was down 120.20 points or 0.51 per cent at 23,412.50.
The Delhivery stock ended 0.05% higher at Rs 330.05 on Thursday against the previous close of Rs 330.20 on BSE. Market cap of the firm rose to Rs 24,512 crore.
Bharat Dynamics share price: Shares of BDL closed at Rs 989.80 on Friday, up 1.04 per cent. The scrip is down 44.84 per cent from its 52-week high of Rs 1,794.70 hit on July 5.
The withdrawals are concentrated in the secondary market, with FPIs offloading Rs 32,351 crore through exchanges this month, while still investing selectively in the primary market to the tune of Rs 9,931 crore.
The record-breaking IPO market in India has already raised 1.19 lakh crore ($14 billion) this year, topping the previous high set in 2021.
CLSA said it committed funds at the start of October by tactically deploying some of its over exposure on India to China. It has now reversed that trade, Both MSCI China and India have corrected by 10 per cent in US dollar terms over the duration.
BEML shares: PSU miniratna settled at Rs 3,792.75 on Thursday, falling another half a per cent. The total market capitalization of the company stood close to Rs 15,800 crore.