"The unbridled speculation in low-grade stocks, the cats and dogs, is concerning. "Flying cats and dogs" is an indication of an imminent correction. Chasing cats and dogs has always ended in grief. Therefore, investors have to be careful and stick to quality," said Dr V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services.
The value of loans disbursed through the platform during the quarter was Rs 2,180 crore, an increase of 365 per cent YoY, the company said in an exchange filing.
Motilal Oswal sees Infosys leading the revenue growth at 4.8 per cent QoQ (CC terms), followed by Wipro at 3.7 per cent and TCS at 3.2 per cent.
TPG Capital Management, Advent International, Bain Capital and Blackstone have been sounded off for a potential transaction, valuing the business at Rs 15,000 crore. The Carlyle Group and PAG are the two other firms which have been reached out for a potential deal, ET reported, quoting sources.
On the technical charts, the RSI of the stock stood at 62.43.
Khanna bought a fresh stake in edible oils manufacturer Ajanta Soya as she held 1,78,500 equity shares or 1.11 per cent stake in the company, as of December 31, 2021.
UltraTech Cement Ltd., incorporated in the year 2000, is a Large Cap company (having a market cap of Rs 218956.72 Crore) operating in Cement sector.
As of 30-Sep-2021, promoters held 50.0 per cent stake in the company, while FIIs held 32.13 per cent and domestic institutional investors had 4.39 per cent.
The Nifty Auto index was trading 0.23 per cent down at 11474.7.
A total of 203,331 shares changed hands on the counter till time (IST).
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