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Latest Stock Market News

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The company has a strong pipeline of Rs 1.24 lakh crore worth of orders in manufacturing for the next three to four years led by LUH, LCH and engines for Su-30 & MiG-29. HAL’s FY22 closing order book was at Rs 82,513 crore. The company received orders worth Rs 76,306 crore in the last two financial years, of which over 50 per cent i.e. Rs 40,263 crore orders were from the manufacturing segment.

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The brokerage is expecting pressure on earnings in H1FY23 given the increased pet coke prices and subdued cement realisations. International coal prices have remained elevated and are expected to remain higher for a longer period, Nirmal Bang said.

Buy Ceat, target price Rs 1425: JM Financial

Updated at : 2022-06-30 13:35:02

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Ceat Ltd. key Products/Revenue Segments include Automobile Tubes, Other Operating Revenue, Scrap, Royalty Income, Others for the year ending 31-Mar-2022.

The Relative Strength Index of the stock stood at 47.77 on Thursday.

In terms of percentage shareholding, the 62-year-old ace investor holds double-digit stakes in Metro Brands, NCC and Nazara Technologies. As companies start releasing their June quarter shareholding data from next week onwards, it would be known how Jhunjhunwala rejigged his portfolio and that of his better half amid market volatility.

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The 56% drawdown in the biggest cryptocurrency is the largest since the third quarter of 2011, when Bitcoin was still in its infancy, data compiled by Bloomberg show. The decade in between those hallmarks saw several booms and busts, with cryptocurrencies’ market value swelling as they gained more widespread adoption and ultra-low interest rates spurred risk taking.

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Phoenix Mills Ltd., incorporated in the year 1905, is a Mid Cap company (having a market cap of Rs 20751.99 Crore) operating in Real Estate sector.

Share price of SRF falls as Nifty weakens

Updated at : 2022-06-30 13:35:02

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A total of 5,643 shares changed hands on the counter till 12:28PM (IST).

"I do not predict the index levels, but be open to all the possibilities, so I do not know for sure if the index will fall to 14000 in the next few months or not, but I know what we would be doing if it were to go that level. We feel markets have corrected to a reasonable valuation zone and many stocks are looking attractive. We have been advising clients that it is time to start putting surplus cash to use if you have it."

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A total of 3,720 shares changed hands on the counter till 11:01AM (IST).

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