ind_prs23082024.pdf (770.4 KB)
@VeeraBrahmam Please see press release from NSE Indices.
Microcap momentum portfolio (23-09-2024)
Stock market update: Stocks that hit 52-week highs on NSE in today’s trade (23-09-2024)
SBFC Finance, Amber Enterprises, Skipper Ltd, Optiemus Infra and United Polyfab Gujar, hit their fresh 52-week highs during the day.
National Building Construction Corporation (NBCC) (23-09-2024)
While the stock is doing well and my investment returns are decent, my one worry is about their margins.
Read somewhere that being a PSu they have limit restrictions of 5-6 .
Anyone has info on this ?
E.g. is it only for pay projects?
Will they ever be able to increase margins > 6%.
If not then the growth is limited to rev growth with sentiments (pe) volatility.
Pl share your thoughts.
Disc: invested in 2021 at lower levels and holding.
Sensex only a whisker away from hitting 85,000 (23-09-2024)
From the 30 Sensex firms, Mahindra and Mahindra, State Bank of India, Bharti Airtel, Hindustan Unilever, Kotak Mahindra Bank, UltraTech Cement, Adani Ports, and Tata Steel were the biggest gainers. ICICI Bank, IndusInd Bank, Asian Paints, Tech Mahindra, Infosys, HCL Technologies, Tata Consultancy Services, and Larsen and Toubro were among the laggards.
Stock market update: Nifty Realty index advances 2.23% (23-09-2024)
The Nifty Realty index closed 2.23 per cent up at 1126.15.
PSP Projects wins work order of Rs 554.92 cr (23-09-2024)
1. Construction of Gold Stone Hotel and Commercial Towers at Bangalore, Karnataka worth Rs 389.29 crore (excl. GST) in Institutional Category. The projects are to be completed within a period of 22 months and 16 months respectively.
Foreigners’ derivatives bets hit record $116 billion in India (23-09-2024)
By Friday, foreign institutional investors owned 9.7 trillion rupees ($116 billion) of options and futures on equity indexes and single stocks listed on the National Stock Exchange, according to data compiled by Bloomberg.