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The department of posts in association with MRPL will release a commemorative postage stamp on the theme ‘Yakshagana’. Dakshina Kannada MP Nalin Kumar Kateel will preside over the programme while chief postmaster general, Karnataka circle, S Rajendra Kumar will release the stamp. ....
Aamar Deo Singh of Angel One says investors need to be cautious with fresh investments due to unappealing risk-reward ratio in many stocks. Nifty and Bank Nifty are consolidating, while India VIX levels remain stable. With the results season over, all eyes are on the US FOMC meeting minutes, slated to be released later this week. Top gainers include MRPL, Natco Pharma, and Aegis Logistics. ....
Sectorally, buying was seen in consumer durables, telecom, power, and FMCG stocks while metal, capital goods, and realty stocks saw some selling pressure. ....
Nischal Maheshwari, CEO of Centrum Broking, recommends green-oriented companies like Tata Power and NTPC in the metals and coal sectors. He suggests focusing on pharma companies like Sun Pharma and the hospital sector for investment opportunities. We are are strongly betting on goal-oriented companies. The power equipment companies have run much ahead of its course. We would recommend taking profits in BHEL kind of companies. ....
MRPL share price: The stock zoomed 20 per cent to hit a 52-week high of Rs 245 against its previous close of Rs 204.20. The multibagger stock has rallied nearly 355 per cent in a year and 85 per cent on a year-to-date (YTD) basis. ....