“There is no reason to be bearish. One needs to buy this stock on dips and stay bullish.â€
IndusInd Bank Ltd., incorporated in the year 1994, is a banking company (having a market cap of Rs 93006.55 Crore).
A total of 22,711 shares changed hands on the counter till 11:48AM (IST)
The upcoming marketplace will serve as a hub for consumers to purchase, trade, sell and store digital tokens. Fans need to create a WWE digital wallet through Eluvio, enabling them to purchase collectibles using fiat currency or cryptos.
The auto components maker also known as Sona Comstar reported a 22.24 per cent increase in its consolidated net profit to Rs 88.2 crore for the second quarter ended on September 30. The company had reported a net profit of Rs 72.15 crore in the July-September period of the previous fiscal.
Adverse commodity prices and lower sales volume due to electronic component shortages (leading to lower capacity utilisation) hit the numbers, the automaker said in a BSE filing.
Net income rose on a consolidated basis to Rs 3,023 crore in the second quarter of the financial year 2021-22, from Rs 2,509 crore in the year-ago period.
Gold is often considered an inflation hedge, though reduced stimulus and interest rate hikes push government bond yields up, translating into a higher opportunity cost for holding bullion.
As of 30-Sep-2021, promoters held 50.05 per cent stake in the company, while FIIs held 13.59 per cent and domestic institutional investors had 8.4 per cent.
“Bulk of the IPOs over the last three to four years have delivered positive returns but at the same time, we need to keep in mind the fact that right now we are at all time highs and hence more IPOs will be showing a positive rather than a negative trend.â€
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