ITC share price: The counter's 14-day relative strength index (RSI) came at 62.10. A level below 30 is defined as oversold while a value above 70 is considered overbought. The company's stock has a price-to-equity (P/E) ratio of 29.15. It has a price-to-book (P/B) value of 8.09.
Reliance Industries share price: HDFC Securities has given an 'Add' rating to Reliance with a price target of Rs 2,637 amid a recovery in the O2C businesses, EBITDA growth in the digital business and potential for further value unlocking in the digital and retail businesses.
Infosys share price: The counter's 14-day relative strength index (RSI) came at 23.34. A level below 30 is defined as oversold while a value above 70 is considered overbought. The company's stock has a price-to-equity (P/E) ratio of 21.86. It has a price-to-book (P/B) value of 7.51.
IDBI Bank share price: On the earnings front, IDBI Bank reported a 60 per cent growth in net profit to Rs 927 crore in the third quarter that ended on December 31, 2022, against a profit of Rs 578 crore in the same period a year ago. The bank's net interest income (NII) improved by 23 per cent in Q3 FY23 to Rs 2,925 crore over Rs 2,383 crore recorded in the year-ago period.
The petition, which challenged the notification released by the Centre and Medical Counselling Committee on July 29 to provide 27 percent reservation to OBC and 10 percent to EWS students in all India quota medical seats, was heard by a special bench led by Justice DY Chandrachud and Justice AS Bopanna.