The company has a market cap of over Rs 17,700 crore and has been maintaining a healthy dividend payout of 30.6 per cent. 

Three breakout stocks have caught the attention of investors and traders. Anand Rathi Wealth, KDDL, and Central Depository Services Limited have demonstrated impressive gains, making them noteworthy contenders in the stock market. Anand Rathi Wealth's all-time high signals a positive trend continuation, while KDDL's 52-week high and robust volume breakout attract potential buyers. Meanwhile, Central Depository Services Limited's trading activity hints at market sentiment and trading patterns. These stocks represent promising investment opportunities, but remember to conduct thorough research and consult with financial experts before making any investment decisions.

Inflation coming down, bond yields falling, lower interest rates, robust GST collection, and improved direct tax collection, all indicating improved corporate earnings growth and in turn market returns, asserts Feroze Azeez, Deputy CEO, Anand Rathi Wealth Limited

The stock has witnessed significant buying activity as it has surged more than 54 per cent in the last one year.

About 1,386 shares have advanced, 2,005 declined and 167 are unchanged. 

Amid selling pressure in banking and IT firms, the Indian market indexes Sensex and Nifty50 finished with substantial losses. 

We believe that the MF industry would benefit from increased penetration and continue to see similar growth going forward, expresses Rakesh Rawal, CEO - Anand Rathi Wealth Limited.

On Wednesday, the markets made a gap-up opening but were unable to sustain the gains due to global cues & weekly expiry and thus, closed lower for the third consecutive session.