

Mazagon Dock, Cochin Shipyard report weak earnings: While Mazagon Dock slumped 10% post Q2 results due to a sharp miss in the EBITDA and profit levels, Cochin Shipyard stock tanked 8% to Rs 1186.75 on...

Grasim Industries stock fell over 3% to Rs 3010. The share opened lower at Rs 3118 today against the previous close of Rs 3120 on BSE today.

Trading at their record highs, both stocks are overbought on charts. While Meesho has a RSI of 71.3, Cupid's RSI stands at 71.3.

Black Box stock rose 8.39% to Rs 838.25 in the current session against the previous close of Rs 773.30. Market cap of the firm rose to Rs 14,736 crore.

DIIs last turned bearish on the Indian market in July 2023 when they sold equities worth Rs 2697.66 crore. In October this year, they bought Indian stocks worth Rs 62,220 crore.

Stocks in news: Ola Electric, TD Power Systems, EIH, Dilip Buildcon: Zee Entertainment Enterprises board has approved a share buyback worth Rs 600 crore at a price of Rs 91 per equity share.

Godrej Industries stock closed 12.04% higher at Rs 1087.20 today against the previous close of Rs 970.35 on BSE. Market cap of the firm stood at Rs 36,622 crore.

Nifty Bank: The banking index has gained 6.48% in a week and 12% in a month. The 12-stock index closed 1.19% or 726 pts higher at 61,518 in the current session.

According to the company, the scope of work includes civil construction, architectural works and electrical and mechanical (E&M) works for the proposed depot-cum-workshop facility.

The packaged-food maker is exploring a stock market debut in late 2027, which could involve an issue size of around Rs 10,000 crore and a potential valuation exceeding Rs 1 lakh crore.
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