Fri, Sep 17, 2021 7:36 PM
Grofers taking steps towards building more inclusive, diverse organisation
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The Nifty Bank snapped a five-day winning streak on Friday to close in the red tracking muted global cues. “Any trend reversal is only expected if Nifty Bank breaches below 47,600 which is this week’s low. Overall, trend remains positive as Nifty Bank is above its 5 and 21-day moving average on a daily basis,” Bhavik Patel- Senior Research Analyst, Tradebulls Securities, said.
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Shares of Housing & Urban Development Corporation Ltd. (HUDCO) surged as much as 15% on Friday to a record high of ₹233.85. The stock is up for the sixth straight session on Friday. With today's surge, the state-run company has gained nearly 20% this week, and is likely to post its best week since January this year. HUDCO has had a strong start to 2024.
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With Rs 3 lakh crore in sales for FY24, Reliance Retail’s topline is now more than the sales of India’s top seven consumer giants including 📌ITC, 📌HUL, 📌D’Mart, 📌Nestle, 📌Britannia, 📌Tata Consumer, and 📌Godrej Consumer. If one were to look at listed retail companies, it’s more than five times the size of Avenue Supermart, the most valuable listed retail company.
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