DSIJ Mindshare

Open positions, in terms of the number of contracts and value, exceeded the first day of full-scale operations by 32 per cent and 35 per cent, respectively. The commencement of full-scale operations saw 2,37,108 contracts worth USD 9.14 billion (Rs 74,987 crore equivalent) in Gift Nifty.

These initiatives mark a significant stride towards a sustainable and greener future.

Ashish Kacholia, a prominent investor, hold a 1.10 per cent stake in Megastar Foods, which translates to total ownership of 1,12,968 equity shares in the company. However, given Kacholia's recent decision to exit his position in the stock, it has left investors speculating about the company's future prospects. Could this be a signal that the stock has reached an overhyped valuation, and its merry run might be coming to an end?

The profit after tax (PAT) recorded a significant growth of 46 per cent, amounting to Rs 2,500 crore.

The company has delivered returns of 70 per cent over the past year and returns of 40 per cent over the past 3 years.