The stock quoted a 52-week high price of Rs 1987.0 and low of Rs 340.8.
According to a study by ETMarkets.com, these stocks have turned an investment of Rs 1 lakh into Rs 1 crore or more. A majority of them were penny stocks back then. Robust fundamentals helped them to script a historic turnaround.
The Relative Strength Index of the stock stood at 52.34 on Wednesday.
Coal India Ltd., incorporated in the year 1973, is a Large Cap company (having a market cap of Rs 94782.76 Crore) operating in Mining sector.
It has a target of Rs 4,566 on Gland Pharma, valuing the stock at 36.5 times FY24 EPS, in line with its historical one-year forward of 37 times.
A total of 16,375 shares changed hands on the counter till 10:51AM (IST)
In the last week, the Directorate General of GST Intelligence (DGGI), an investigation arm of the indirect tax department, conducted searches on several crypto exchanges and asked them to pay GST on their transaction fees or margins. The fear is that the tax department will question the way exchanges record their revenues.
"Evaluate every opportunity on its own merit and not have a blanket viewpoint on the entire new age sector. "
If Bitcoin’s share of the store of value market were “hypothetically†to rise to 50% over the next five years, its price would increase to just over $100,000, for a compound annualized return of 17% or 18%, Zach Pandl, co-head of global FX and EM strategy, wrote in a note Tuesday.
Can banks and FMCG to play catch up or will the underperformance spell continue for them? Kunj Bansal answers.
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