On Friday, shares of Om Infra Ltd hit a 5% upper circuit to Rs 204.20 per share from its previous closing of Rs 194.50. The stock also made a fresh 52-week high of Rs 204.20 and its 52-week low is Rs 50. An ace investor, Vijay Kedia through his self-owned company Kedia Securities Pvt Ltd bought 24,00,000 shares or a 2.49 per cent stake in the company in FY24 at Rs 61.70 per share.
Open Flip
Lockheed Martin's stock soared in July after the company's second-quarter report beat Wall Street expectations, with revenue growing 9% year-over-year to $18.1 billion and earnings per share of $6.84, exceeding estimates. The company raised its full-year 2024 guidance, expecting net sales of $70.5 billion to $71.5 billion and earnings per share of $26.10 to $26.60.
Open Flip
Invested in Enbridge, a Canadian midstream energy company, attracted by its 7.4% dividend yield. The company has increased its dividend for 29 consecutive years, with a manageable leverage ratio and prioritized investments. Its price-to-free-cash-flow ratio is under 12, near its lowest point in years, despite 8% and 9% year-over-year growth in adjusted earnings and distributable cash flow.
Open Flip
