Ethos, a leading player in luxury watch retail, has seen its shares rise by 166% to ₹2,542 from ₹959 a year ago. Over the past 12 months, the stock closed positively for 8 months. On March 11, the it touched a new all-time high of ₹3,044 per share.
RBI has given a glide path for adopting detailed disclosures from FY25 onwards. The central bank sees a need for a better, consistent and comparable disclosure framework for lenders, as inadequate information about climate-related financial risks can lead to the mispricing of assets and misallocation of capital.
The Future & Options contracts of any stock enter the ban period when the open interest (OI) on it crosses 95% of the market-wide positions limits or MWPL. The ban on it is reversed only if the open interest falls below 80%.
At the interbank foreign exchange, the local currency opened at 82.87 and then slipped further to trade at 82.88 against the greenback, the previous day s closing level.
Deem Roll Tech shares debut with a 55% premium on the NSE SME platform. The IPO receives strong response from investors. The net proceeds will be used for the expansion of manufacturing unit in the iron and steel rolling mill industry. The Indian steel industry offers good potential for roll manufacturers.