The stock traded at a P/E multiple of 72.55, while the price-to-book value ratio stood at 5.64.
This T group stock hit 5% upper circuit on October 8; check reasons here (08-10-2024)
Zodiac Energy share price surged after the company announced that it has secured an order worth 154.27 crore from Ahmedabad Municipal Corporation (AMC).
Stock market update: Nifty Realty index falls 0.1% in an upbeat market (08-10-2024)
The Nifty Realty index was trading 0.1 per cent down at 1019.1.
Government of India announces the sale of two dated securities for a notified amount of Rs 29,000 crore (08-10-2024)
The Government of India (GoI) has announced the sale (re-issue) of (i) 7.04% Government Security 2029 for a notified amount of ₹14,000 crore (nominal) through price based auction using multiple price method and (ii) 7.34% Government Security 2064 for a notified amount of ₹15,000 crore (nominal) through price based auction using multiple price method. GoI will have the option to retain additional subscription up to ₹2,000 crore against each security mentioned above. The auctions will be conducted by the Reserve Bank of India, Mumbai Office, Fort, Mumbai on October 11, 2024 (Friday). Up to 5% of the notified amount of the sale of the securities will be allotted to eligible individuals and institutions as per the Scheme for Non-Competitive Bidding Facility in the Auction of Government Securities.
India’s overall auto retails decline significantly in September (08-10-2024)
In September 2024, overall retail sales of automobiles witnessed a significant decline of -9.26% Y-o-Y.
Stock market update: Stocks that hit 52-week lows on NSE (08-10-2024)
Tata Steel, JSW Steel, Tata Motors, SBI Life and Titan Company were among the top losers on NSE.
India Vs China: Ed Yardeni explains why Indian market is still attractive for long term (08-10-2024)
Ed Yardeni of Yardeni Research emphasizes India’s long-term market attractiveness despite China’s recent market rebound. While short-lived gains in China may cause Indian market volatility, India’s strong demographics and consumer growth foster positive investment outlooks amid fluctuating oil prices and US economic policy adjustments.
Info Edge shares rise 1.83% as Nifty gains (08-10-2024)
The stock quoted a 52-week high price of Rs 8302.5 and a 52-week low of Rs 3973.15.