Shares of Bharat Electronics Ltd. traded at Rs 198.0 on BSE, up 0.38% from previous close. The stock commanded a market value of Rs 144477.78 crore and had a price-to-earning (P/E) multiple of 40.48. Promoters held 51.14% of the company.
Shares of Shriram Finance Ltd. traded at Rs 2030.0 on BSE at 01:19PM (IST) on Thursday, down 0.27 per cent from previous close. The stock saw a gap up opening in the morning. A total of 9,000 lakh shares changed hands on the counter. The stock’s beta value stood at 1.69.
The success of CG Power and Industrial Solutions, IIFL Finance, and other midcap stocks in crossing their 20-day SMA on August 31 underscores their strong market performance and growth prospects.