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Business
1,100% return in 10 years! Analysts bet big on this multibagger, see up to 42% upside
Shares of Bengaluru-based realtor Brigade Enterprises have delivered multibagger return to its long-term investors, as the scrip has soared a whopping 968 per cent in the last 10 years to Rs 507.35 apiece today against Rs 41.03 level, a…
Tata Motors shares fall after four sessions, what lies ahead?
Shares of Tata Motors were in focus today after the firm reported a 44 per cent rise in domestic sales to 80,633 units in September. The company logged its highest ever monthly sales led by record sales of Nexon and Punch. However,…
HFCL shares surge over 4% after 5G push
Shares of HFCL on Monday surged over 4 per cent after the home-grown telecom equipment manufacturer and technology provider launched its 5G Lab-as-a-Service (LaaS) to accelerate the rollout of 5G solutions and services. The stock soared…
Suzlon Energy rebounds after falling 14% in early trade post founder Tulsi Tanti’s death
Shares of wind energy major Suzlon Energy crashed nearly 14 per cent today post the news of its founder Tulsi Tanti's death. During intraday trade on Monday, the shares slumped as much as 13.79 per cent to trade at Rs 7.50 from their…
TCS vs Infosys vs HCL Tech: Stock that analysts are betting on ahead of Q2 results
IT majors TCS, Infosys and HCL Technologies are likely to report their September quarter earnings in the next two weeks and, if we go by analyst projections, the IT firms should report a decent set of numbers, notwithstanding macro…
Nykaa announces bonus issue of shares, stock zooms 11%
Stock of Nykaa (listed as FSN E-Commerce Ventures Limited) climbed nearly 11 per cent today after the fashion retailer announced a bonus issue of shares in the ratio of 5:1. Those holding one share of Nykaa will be entitled to five shares…
Electronics Mart IPO: Valuations, grey market premium, analyst ratings & more
NEW DELHI: The initial public offer (IPO) by Hyderabad-based Electronics Mart India is all set to hit the market on Tuesday, October 4. The retail chain is looking to raise Rs 500 crore via a fresh issue in the Rs 56-Rs 59 price band.…
APL Apollo Tubes shares rise 4% on record September quarter sales
Shares of APL Apollo Tubes rose over 4 per cent in early trade today after the firm logged its highest ever quarterly sales volume for the period ended July to September 2022. APL Apollo Tubes stock gained 4.3 per cent to Rs 1,082 against…
Stocks in news: Coal India, TCS, Zee Entertainment, Bank of Baroda and more
Benchmark indices staged a stellar recovery on Friday following the Reserve Bank of India's interest rate decision. Sensex and Nifty closed higher after seven consecutive sessions of fall. Sensex jumped 1,016.96 points or 1.80 per cent to…
Seven of top-10 firms lose Rs 1.16 lakh cr in mcap; Reliance worst hit
The combined market valuation of seven of the 10 most valued firms eroded by Rs 1,16,053.13 crore last week amid an overall bearish trend in equities, with Reliance Industries taking the biggest hit.
Last week, the Sensex shed 672 points…
Sensex, Nifty: Factors that’ll influence market next week and the IPO to watch out
Key benchmarks ended in deep red terrain as Nifty and Sensex posted losses of more than 200 and 600 points, respectively in the week. The rapidity with which central banks across the globe are hiking interest rates, investors are worried…
After a 4% fall, can Sensex rebound in October? History suggests so
After a sharp fall in September, a recovery in domestic stocks looks likely. This is if one goes by the historical data. The BSE Sensex ended on a strong note on Friday, rallying 1,017 points, or 1.08 per cent, to 57,426.92. Yet the 30-pack…
How Asia’s richest person gave Bezos a run for his money
Gautam Adani has had a very good year.The Indian billionaire briefly surpassed Amazon founder Jeff Bezos to become the second-richest person in the world in September, according to Bloomberg. He's now ranked as the world's fourth wealthiest…
Inflation accelerated even more than expected in August
Inflation in August was stronger than expected despite the Federal Reserve's efforts to bring down prices, according to data Friday that the central bank follows closely.The personal consumption expenditures price index excluding food and…
This multibagger stock zoomed over 11,000% in 10 years! Is it still a good bet?
Shares of Deepak Nitrite have delivered over 900 per cent return to its shareholders in the last five years. In the past 5 years, the share price jumped from Rs 191 to Rs 2,041, logging around 968 per cent return in this period.
Long-term…
Sensex, Nifty stage a stellar recovery after RBI rate hike; banking stocks lead gains
Benchmark indices staged a stellar recovery on Friday following the Reserve Bank of India's interest rate decision. Sensex and Nifty closed higher after seven consecutive sessions of fall. Sensex jumped 1,016.96 points or 1.80 per cent to…
Motherson Sumi Wiring announces bonus issue of shares, stock ends flat
Stock of Motherson Sumi Wiring closed flat today despite board of the firm clearing bonus issue of shares in the ratio of 2:5. This means the firm will issue two shares for every five shares held by the shareholders. Motherson Sumi Wiring…
Bharti Airtel hits fresh high, climbs 6% ahead of 5G launch
Shares of Bharti Airtel climbed nearly 6 per cent to hit a fresh high in Friday's trade, ahead of the launch of 5G services on October 1.
Emerging as the top Sensex gainer, the scrip surged 5.67 per cent to Rs 808.85 apiece on BSE, its…
Adani Green Energy shares zoom 20%, recover after seven sessions
Shares of Adani Green Energy zoomed 20 per cent in afternoon session amid a broader recovery in markets after the renewable energy firm said it has commissioned the world's largest wind-solar power plant of 600 MW capacity in Jaisalmer,…
RBI’s ‘Mai Hoon Na’ policy gives Sensex 1,000 points lift. Here’ how
NEW DELHI: In market veteran Nilesh Shah's words, the RBI on Friday delivered a “Mai Hoon Na” policy, as the central bank assured the market that it is in safe hands despite the prevailing global storm.
A host of economists and market…
Up to 105% rally in 2022! These 14 Tata stocks zoom despite fall in group’s m-cap
A 20 per cent correction in IT major Tata Consultancy Services (TCS) along with 11 other group companies dragged the group’s market capitalisation on a year-to-date (YTD) basis till September 29. Overall, market valuation of the group…
57% upside for Paytm? JPMorgan sees stock at Rs 1,000. Here’s why
Foreign brokerage JPMorgan, which has an 'overweight' stance on One 97 Communications (Paytm), maintained its price target of Rs 1,000 on the scrip, suggesting a 57 per cent potential upside on the counter.
In a September 29 note, the…
Share price irrelevant to make money in stock market: A market veteran’s offbeat advice for…
Every young investor who dabbles in the market to make money is usually baffled at first to understand the way it works. The key questions that keep popping up in his/her head includes what needs to be done in order to understand the…
Asian Paints shares slip 17% from record high, here’s why
Shares of Asian Paints were the top Sensex and Nifty losers today despite the ongoing festive season. Analysts said the stock saw profit-booking after hitting record high. On September 28, the stock hit a record high of Rs 3,590 despite…
Biocon’s subsidiary Syngene’s shares drop 12% in 2022; here’s what management and…
Kiran Mazumdar’s contract research and manufacturing firm Syngene International has been on a roller coaster ride on Dalal Street in the ongoing calendar year. Meanwhile, shares of the firm declined nearly 12 per cent on a year-to-date…
Adani Enterprises vs Shree Cement: Risk-reward favourable for cement maker
NEW DELHI: Shree Cement has exited Nifty50, making way for Adani Enterprises, the second Adani Group stock, to be a part of the elite 50-pack.
At 9.50 am, shares of Adani Enterprises traded 1.3 per cent lower at Rs 3,425 on NSE while…
RBI monetary policy: Rate sensitive shares trading lower in early deals
Rate-sensitive stocks such as auto, realty, financial services and banking were in focus today ahead of the outcome of Reserve Bank of India's (RBI) Monetary Policy Committee meeting. A majority of analysts and economists opined that the…
Stocks in news: Hero MotoCorp, PNB, Adani Power, ICICI Prudential and more
The Indian market ended lower for the seventh straight session on Thursday amid weak global cues and continuous foreign fund outflows. Sensex fell 188 points to end at 56,409. The global weakness trimmed gains on Indian indices in the…
Nike (NKE) earnings Q1 2023
A woman shops for shoes in the Nike Factory Store at the Outlet Shoppes at El Paso, in El Paso, Texas on November 26, 2021.Paul Ratje | AFP | Getty ImagesNike on Thursday said it had a strong first fiscal quarter despite supply chain…
Erdogan says Turkey will keep cutting interest rates, mocks British pound
Turkish President Tayyip Erdogan addresses members of his ruling AK Party (AKP) during a meeting at the parliament in Ankara, Turkey May 18, 2022. Murat Cetinmuhurdar/Presidential Press Office/Handout via REUTERS THIS IMAGE HAS BEEN…