At 11.30 am on Thursday, the headline equity indices, i.e. Sensex and Nifty 50 were trading significantly higher owing to positive global cues, as the markets seem to be recovering from losses of the past two weeks. 

Bharat Road Network Ltd (BRNL), a small-cap company engaged in building roads, and other civil constructions, has hit the upper circuit of 20 per cent today from its previous close of Rs 26.80, as the company has announced divestment in one of its ‘Associate’ company- Shree Jagannath Expressways Pvt Ltd (SJEPL). The company will be selling its entire stake of 40 per cent in this transaction for a sum of Rs 94.11 crore.  

An Indian company that manufactures bead wire and high carbon steel carbon wires, has delivered exceptional returns of 1440 per cent to its investors in the last 2 years.  

At the opening hour, the markets were trading in the green on June 30.  

Today, at the pre-opening bell, the frontline index S&P BSE Sensex opened in green at a gain of 324 points or 0.61 per cent.

Highest put option open interest contract was added at a strike price of 15700 for expiry tomorrow. 

Due to the risk of rising inflation, increasing central bank interest rates, and the global recession, many investors are not willing to take a chance of investing in the market. 

With a market capitalisation of just Rs 334 crore, the company reported increased profits in the last three years and has higher than industry revenue growth.   

On Wednesday, the benchmark indices opened with a decent loss and throughout the session, BSE Sensex sought support from Reliance Industries, Bharti Airtel, ITC, and NTPC and settled 150 points lower. 

At a CMP of Rs 9680, the shares of Tasty Bites Eatables Ltd are trading at a PE multiple of 242 which is significantly higher than the industry average of 45. Investors should keep an eye on Tasty Bite Eatables Ltd to know if it continues the last few sessions’ positive momentum.