News for Jai Balaji Industries Limited (JAIBALAJI.NS)

A-One Steels India, an integrated steel manufacturer, has filed preliminary papers with capital markets regulator Sebi to raise Rs 650 crore through an initial public offering.

The difference between the share of FIIs and DIIs reduced hit an all-time low of 1.09% (17.55% vs 16.46%) as on September 30, 2024.

Jul 31, 2024 / 09:30AM GMTOperator Ladies and gentlemen, good day, and welcome to the Jai Balaji Industries Limited Q1 FY25 earnings conference call hosted by G

Indian ended flat on Tuesday, with the Nifty index extending its gains marginally. Analysts expect 25,200 to be key support, with resistance at 25,350-25,400 and a strong hurdle at 25,500. Mixed global signals and manufacturing slowdown contribute to market caution.

Stocks to watch today, July 30, 2024: GIFT Nifty indicates a lacklustre start for the benchmark equity indices on Tuesday. Here are buzzing stocks to watch during today's trading session

Stocks to watch today, July 29, 2024: GIFT Nifty indicates a positive start for the benchmark equity indices on Monday. Here are buzzing stocks to watch during today's trading session

The share of FIIs was down by 51 bps quarter-on-quarter (QoQ), resulting in the gap between FII and DII holdings narrowing further to an all-time low in this quarter. The DII holding is now just 9.23% lower than the FII holding.

Bajaj Finance, Nestle India, Vedanta, Tech Mahindra, IndusInd Bank, L&T Technology and ACC will announce the results for March 2024 quarter later today.

NOTICES Notice No. 20240423-23 Notice Date ...

Indian shares saw profit booking at higher levels ahead of key US inflation data scheduled on Wednesday. Analysts said concerns have emerged amidst recent better-than-anticipated US employment and manufacturing data, suggesting a potential shift in expectations regarding rate cuts this year.

Shriram Finance Ltd was included in Nifty, as it had highest six-month average free-float market capitalisation within eligible universe as a replacement to UPL Ltd, NSE said adding that the changes will become effective from March 28, at close of March 27, 2024.

Nifty futures on the NSE International Exchange traded 17.50 points, or 0.08 per cent, lower at 22,026, hinting at a negative start for the domestic market on Monday.

A short build-up was seen in 57 stocks including Metropolis Healthcare, HDFC Life Insurance Company, HDFC Asset Management Company, Balrampur Chini Mills, and Container Corporation of India.

The top gainer so far this year is Jai Balaji Industries. Its shares have rocketed 1,291 per cent to 761.05 on December 19 against Rs 54.70 apiece on December 30 last year

Jai Balaji Industries shares climbed 999 per cent to close at Rs 600.10 on Friday compared with Rs 54.60 on December 30, 2022, joining the billion dollar club. This iron & steel sector company commanded a m-cap of $1.15 billion

Smaller stocks outperformed Nifty by a wide margin as the index is up only about 8.5% since last Diwali while Nifty Smallcap50 is up 38%, Nifty Microcap 250 has advanced 51% and Nifty SME Emerge has zoomed 69%.

Nifty futures on the NSE International Exchange traded 27.50 points, or 0.14 per cent, higher at 19,728, hinting at a positive start for the domestic market on Monday.

On the upside, we expect the Nifty to target levels of 19,650. In terms of levels, crucial support zone is placed at 19,330 – 19,300 and immediate hurdle is placed at 19,520 – 19,550

Overall, promoters’ share in listed companies has increased from 42.17 per cent in the June quarter