Page 36 - Ioc News Today

A total of 402,679 shares changed hands on the counter till 10:25AM (IST)

The stock traded at a P/E multiple of 5.06, while the price-to-book value ratio stood at 0.77.

The shares of OMCs have rallied up to 170% in the last one year. Still, they are available at low valuations and, therefore, look attractive. But going forward, a lot will depend on which way crude oil prices move.

A total of 2,129,785 shares changed hands on the counter till 01:35PM (IST)

A total of 328,476 shares changed hands on the counter till 11:06AM (IST).

A total of 1,036,974 shares changed hands on the counter till 10:05AM (IST).

JM Financial maintained a buy rating on Go Fashion with a target price of Rs 1285. Go Fashions 9MFY24 performance has been below expectation, especially on the SSSG front, which, the brokerage firm believes, is more a function of the weak macro environment.

Sanjiv Bhasin recommends Ashok Leyland, Maruti, Bajaj Auto, and Motherson Sumi as good picks for making money. He advises investors to buy IOC, NALCO, ONGC, and HPCL in the market correction. Bhasin believes private banks will lead the market higher and mentions the possibility of retail liquidation. He says, Reliance and HDFC Bank should be the main pillars of the index and the rest of the midcaps can continue to be consolidating for some time.

The stock quoted a 52-week high price of Rs 196.8 and low of Rs 75.77.

In separate filings, the companies detailed the fines imposed by the BSE and NSE for either not having the requisite number of independent directors or the mandated women director in the third quarter ended December 31, 2023.