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Browsing Category
Business
Tata Motors shares zoom 300% in three years; can they hit Rs 575 mark?
Shares of Tata Motors Ltd have risen over four times in the last three years, delivering multibagger returns for investors who placed their bets ahead of announcement of the 21-day lockdown by PM Narendra Modi on March 24, 2020. The…
Aptus Value shares plunge 5% as HFC denies stake sale talks with Cholamandalam
Shares of Aptus Value Housing Finance India Ltd plunged 5 per cent in Thursday's trade after the housing finance company (HFC) denied a media report that suggested financial services firm Cholamandalam was eyeing a majority stake in it. In…
Top picks: KR Choksey sees up to 55% upside in these 6 stocks; should you buy?
Unabated outflows by foreign institutional investors and rising interest rates continued to weigh market sentiment in the ongoing calendar year. As a result, the benchmark BSE Sensex declined 0.80 per cent on a year-to-date basis till March…
Jindal Stainless bulk deal: Stock nears fresh 52-week high as 33.69 lakh shares change hands
Shares of stainless steel maker Jindal Stainless Ltd gained for the seventh consecutive session today after iShares Core MSCI Emerging Markets ETF bought 33,69,538 shares of the firm at Rs 309.42 apiece in bulk deals on March 8. Jindal…
Home First Finance shares tank 8% amid heavy volumes
Shares of Home First Finance Company India Ltd plunged about 9 per cent during the early trade on Thursday over the bulk deal buzz. The heavy trading volumes of the company on exchanges suggest that the deal has already been executed during…
Adani Power, Adani Green, Adani Wilmar, 2 other Adani group shares hit 5% upper circuit limits;…
Shares of at least five Adani group companies hit their 5 per cent upper circuit limits in Thursday's trade, as a report suggested that Gautam Adani and his family prepaid all borrowings backed by Adani group shares. As per the report,…
Grasim, M&M, Cipla, Phoenix Mills, Mahanagar Gas: Should you buy, hold or sell?
A handful of brokerages have come out with updates on five stocks namely Grasim Industries, Mahindra & Mahindra (M&M), Cipla, The Phoenix Mills and Mahanagar Gas. While the brokerages largely maintained their 'buy' ratings on the…
Tata Steel, Infosys, SBI: What should be your strategy for the day
Domestic stock indices erased early losses to settle higher on Wednesday, taking the winning run to the third straight session. The 30-share pack BSE Sensex added 123.63 points, or 0.21 per cent, to 60,348.09. NSE's Nifty gained 42.95…
Adani Green, NDTV: NSE takes THIS action against two Adani Group stocks
National Stock Exchange on Wednesday moved two Adani Group stocks to long-term additional surveillance measures framework Stage - II from long-term ASM framework Stage - I. Adani Green Energy Ltd and NDTV are the two stocks against which…
Job openings declined in January but still far outnumber available workers
A "Now Hiring" sign is displayed on a shopfront on October 21, 2022 in New York City.Leonardo Munoz | View Press | Corbis News | Getty ImagesJob openings declined slightly in January but still far outnumber available workers as the labor…
Adani Enterprises, two other Adani firms placed under short-term ASM framework from March 9
National Stock Exchange on Wednesday announced that Adani Enterprises Ltd and two other Adani Group firms will be placed under short-term additional surveillance measures framework from March 9.
Adani Power and Adani Wilmar are the other…
ADP jobs report February 2023:
A worker prepares a 155mm artillery shell at the Scranton Army Ammunition Plant in Scranton, Pennsylvania, U.S., February 16, 2023.Brendan McDermid | ReutersCompanies added jobs at a brisk pace in February as the U.S. labor market kept…
All investors need to link PAN with Aadhaar by March 31: Sebi
Investors who want to continue trading in the capital markets in a seamless and unrestricted manner will have to link their Permanent Account Number (PAN) with Aadhaar by March 31.
This assumes significance as PAN is the key…
Singapore’s Sea Group turns profitable for the first time
Sea Limited's e-commerce arm, Shopee, turned positive adjusted EBITDA for the first time in the fourth quarter of 2022. The group also posted its first-ever positive net income in the quarter.Rafael Henrique | Sopa Images | Lightrocket |…
Adidas warns of first annual loss in three decades and cuts dividend after Ye split
"The numbers speak for themselves. We are currently not performing the way we should", Adidas CEO Bjørn Gulden said in a press release.Jeremy Moeller / Contributor / Getty ImagesAdidas on Wednesday reported a big fourth-quarter loss and…
IndusInd Bank shares rise most on Sensex, Nifty as RBI likely to extend CEO’s term
Shares of IndusInd Bank gained over 5% today after a report said the Reserve Bank of India is likely to extend the bank's CEO Sumant Kathpalia's term by another three years. Kathpalia's current term as the CEO ends on March 24 this year.…
Vedanta shares drop 3% despite ‘zero debt’ pledge by Anil Agarwal
Shares of metals & mining giant Vedanta fell over 3 per cent in Wednesday's trade even as chairman Anil Agarwal insisted that Vedanta group has ample funding options and his company aims to become a “zero debt company.” Agarwal told…
NBCC shares jump 2% after winning multiple orders worth Rs 541 cr
Shares of NBCC India jumped 2.5 per cent to hit a day's high of Rs 36.70 after the company announced that it has received multiple work orders amounting to Rs 541
NBCC India has received the Construction of the Institute of Chemical…
Natco Pharma shares rise after board clears buyback of 30 lakh shares
Shares of Natco Pharma Ltd gained over 2% today after the board of the pharma major approved buyback of maximum 30 lakh shares representing 1.64 percent equity for Rs 700 per share worth Rs 210 crore via open market. Shares of Natco Pharma…
L&T shares rise over 2% in weak market; here’s why
Shares of Larsen & Toubro gained over 2% in an otherwise weak market today after Morgan Stanley assigned overweight stance to the stock. It also raised target price to Rs 2827 from Rs 2401, an increase of 18%. The US financial MNC said…
Gautam Adani’s fortunes top $50 billion mark, group m-cap hits Rs 9 lakh crore as Adani shares…
Billionaire Gautam Adani's fortunes topped $50 billion mark as last count after testing sub-$40 billion levels in the aftermath of Hindenburg Research allegations. His group, which includes 10 listed companies saw its market capitalisation…
YES Bank, Tata Motors, Tata Power, Reliance Power, LIC: How these 5 retail favourite shares fared?
YES Bank Ltd, Tata Motors Ltd, Tata Power, Reliance Power Ltd and Life Insurance Corporation of India Ltd (LIC) were five companies with the highest number of retail investors, as of December 31. Among these companies, shares of Reliance…
Multibagger stock: From Rs 600 to Rs 2,300, this smallcap zoomed 285% since last Holi. Any guesses?
Indian markets have outperformed their global peers and have delivered a good number of multibaggers since last Holi. Shares of Apar Industries Limited have also zoomed over 285 per cent in the last one year. An investment of Rs 10 lakh in…
Sensex drops 300 points, Nifty below 17,700; TechM, Infosys, Wipro shares lead losers
Dalal Street stocks on Wednesday mirrored Wall Street losses, as Fed Chair Jerome Powell told the US Congress a faster money tightening is warranted and that inflation in US may peak higher than what was earlier anticipated earlier. The…
Sensex at 70,000 by year-end, says Julius Baer Asia Research Head
The Indian stock markets may well be quite volatile with a downward bias currently, but there are enough green shoots that could see the benchmark Sensex touch 70,000 by the end of 2023.
According to Mark Matthews, Head Research Asia at…
Adani Enterprises, Adani Green, Adani Power: Adani shares in focus as group prepays Rs 7,347 cr…
Adani Enterprises Ltd, Adani Green Energy Ltd, Adani Power Ltd, Adani Transmission and other Adani group shares will be in focus in Wednesday's trade after the Adani group said it has repaid share-based financing of Rs 7,374 crore and would…
Dick’s Sporting Goods (DKS) Q4 2022 earnings
A Dick’s Sporting Goods store stands in Staten Island on March 09, 2022 in New York City.Spencer Platt | Getty ImagesDick's Sporting Goods on Tuesday reported holiday quarter results that beat Wall Street's expectations, citing a sales…
Zomato shares down 10% so far this year; time to buy, sell or hold?
Shares of online food aggregator Zomato settled 0.47 per cent higher at Rs 53.96 on Monday. The stock has, however, declined 10.44 per cent on a year-to-date (YTD) basis. At Monday's closing level, the scrip traded 33.07 per cent higher…
How China’s shifting growth picture could hit global markets
A shopping mall in Qingzhou, Shandong province, broadcasts the opening ceremony of China's National People's Congress on Sunday, March 5, 2023.Future Publishing | Future Publishing | Getty ImagesChina's economy will be forced to recalibrate…
Lego sales leap as fans buy Harry Potter, Star Wars sets
A customer reaches for a box from the Lego Dots range at the Lego A/S store in London, U.K., on Monday, March 7, 2022.Bloomberg | Getty ImagesLego sales are building on pandemic-era growth, boosted by a diverse slate of products that cater…