Shares of Borosil Renewables have rallied over 1,400 per cent to Rs 509.70 (when) from Rs 33.6 in April 2020. But the scrip has hit the lower circuit in the previous two sessions, losing over 10 per cent of its value from peak.
“We need to be a little careful right now and need to be a little cautious. Over the last 10-11 months, not only in India, but in Asia and globally, the earnings momentum which helps stock prices or the earnings upgrade cycle which help the stock prices probably are showing signs of pausing over the next few quarters and one of the main reasons is the cost inflation side. â€
"Extremely richly valued stocks like DMart, InfoEdge, something like a Zomato, even Asian Paints, Astral Poly could see correction over even a minor disappointment."
As per the latest corporate shareholdings filed, Anil Kumar Goel and Associates publicly holds 34 stocks with a net worth of over Rs 1,449.1 crore.
A total of 151,435 shares changed hands on the counter till 01:12PM (IST).
There is too much noise and too much volatility from unqualified people hyping or hating coins, said Hayden Hughes, CEO of Alpha Impact.
Elara Capital sees YES Bank profit at Rs 256.80 crore for the quarter on a 21.8 per cent YoY fall in NII at Rs 1,542.40 crore.
The stock quoted a 52-week high of Rs 5899.9 and a 52-week low of Rs 2054.05.
The company’s board also approved an interim dividend of Rs 3.65 per share at its meeting held earlier today.
After the open market transaction, HDFC AMC’s shareholding in Varroc has climbed to 5.11 per cent from 4.53 per cent earlier.
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