Page 12 - Wright Research News Today

If one considers the Rs 42,000-crore market capitalisation of MRF, the tyre firm won't even figure among the top 100 listed companies of India in terms of m-cap

MRF becomes the first Indian stock to touch the ₹1 lakh per share mark, with a market capitalisation of nearly ₹42,000 crore. Technical chart analysis indicates further potential for growth.

MRF never split the face value of its shares. In 1970 and 1975, it gave bonus shares in the ratio of 1:2 and 3:10. Over the past 10 years, sales have compounded at 9-10 percent, while the stock has compounded at 22 percent per year

The US Federal Reserve is expected to keep interest rates on hold at its meeting on 14 June. While a pause in rate hikes is expected, a decision to lift rates could lead to a sharp selloff, while a pause followed by a signal for rate cuts could lead to strong market gains.

Indian tyre manufacturer MRF became the first company to see a share price tag exceed INR100,000 ($1,347) in India. MRF is the priciest stock listed on the Indian stock market and its followed by multinationals such as Honeywell Automation, but stock prices should not be equated with stock valuations. Sonam Srivastava of Wright Research said the value of a stock was influenced by factors including market capitalisation, price-to-earnings ratio and investor expectations factor. Most brokerages ha...

Shares of MNC Honeywell Automation India are second on the list with a price tag going above Rs 41,000. Top stock picker Saurabh Mukherjea-owned Page Industries is the third most highly-priced stock and was trading near Rs 38,000.

Transforming treatment outcomes for cancer patients BIO June 2023 Dr. Fiona McLaughlin, Chief Scientific Officer ... | June 10, 2023

Nifty is performing positively ahead of the RBIs monetary policy, with expectations that it may soon surpass its all-time high of 18,887.60. Majority of experts believe RBI may choose to keep repo rate unchanged for second consecutive policy.

RBI Governor Shaktikanta Das said: "We can derive satisfaction from the fact that the Indian economy stands out as strong and resilient."

South Indian Bank share price today: stock opened higher at Rs 19.10 today against the previous close of Rs 19.07 on BSE. It hit an intraday high of Rs 19.17 and an intraday low of Rs 18.65 in early deals on BSE.