Today, Reliance Industries stock hit record high of Rs.2,479.85 after the company informed exchanges that it has acquired a stake in Strand Life Sciences, on Friday post market hours. RIL’s wholly-owned subsidiary Reliance Strategic Business Ventures (RSBVL) acquired 2.28 Cr shares in Strand Life Sciences for a consideration of Rs.393 Cr. It is planning to make further investment of Rs.160 Cr by March 2023, thus acquiring a controlling stake of 80.3% in Strand Life Sciences, as a part of RIL’s digital health initiatives.

The cement industry is beginning a new cycle majorly driven by Government's infrastructure push, pick-up in real estate demand, upturn in the housing industry, rural consumption led volume rise and industry consolidation. Here is a Detailed Quantitative Analysis of Top 5 Cement Companies, which are compared on 21 different parameters.

Here is a Detailed Quantitative Analysis of Top 5 FMCG Companies, which are compared on 16 different parameters.

 Why Stock is UP by 8%?

Ujjivan Small Finance Bank and Ujjivan Financial Services share tumbled  to All-time Low today (declined by 19% and 12% respectively), after Bank's CEO Mr.Nitin Chugh resigned. Ujjivan Founder Mr.Samit Ghosh highlighted 2 major concerns of the bank looking ahead - Asset Quality & High Attrition Rate.

Why do MNC companies get premium valuation over domestic companies? Here are the 6 key factors due to which institutional investors offer premium valuation to the MNC stocks.

Citibank is going exit its India Retail banking business (which includes credit cards, savings bank accounts and personal loans) worth around $2 Billion.

Top 5 IT Stocks - Quantitative Analysis

Whirlpool is a Global MNC in Consumer Durable. Major products - Refrigerator, Washing Machine and ACs. Why company stock price is 27% down from 52 weeks high?

Nazara Technologies is one of the leading interactive gaming and new age sports media companies. They operate in 64 countries spread across India, Asia, Africa, America and the Middle East. They plan to raise Rs. 583 Crore. Should you subscribe to this IPO?