G20: Urbanisation must be instrument of job creation, poverty elimination, says Amitabh Kant
Speaking at the inaugural session of the two-day Urban20 City Sherpas’ inception meeting here, Kant said cities must be designed for cycling, walking and not for cars, and they must grow and evolve on the bank of transit-oriented development. He said urbanisation will be the single biggest agent of change and this will be a […]
Investors privately talked about Adani issue; if they came out 5 years’ later, there’d be a bigger systemic risk: Rahul Chadha
“If over the next 5-10 years India becomes the third largest economy in the world, most of our companies would be subject to a lot more scrutiny. We saw that time and again, some of these short sellers come and write reports on Chinese companies. Some of the reports were true, some were sensational. Market […]
MRF declares 2nd interim dividend of Rs 3 per share. Check record date & other details here
Other income during the quarter rose marginally at Rs 71 crore as against Rs 69 crore in the previous year period. The company’s total income rose 15% year-on-year to Rs 5,716 crore for the December quarter. The same was Rs 4,989 crore in the same quarter of last year
Worst to first! 4 reasons why IT stocks are selling like hot cakes on Dalal Street
Many long term investors have been busy cherry-picking high quality names among IT stocks after they were hammered on fears related to recession, margin compression and deal wins. Mphasis, Tech Mahindra, Wipro, LTTS and LTIMindtree are still down at least 30% from their 52-week high levels.
Chart Check: Carborundum Universal hits record highs in February; should you buy, sell or hold?
The stock price started its upmove from Rs 251 (October 2020) to Rs 1,029 (January 2022), making a series of higher bottoms and higher tops. During the move the stock continuously traded above the averages,” Bharat Gala, President – Technical Research, Ventura Securities.
Basmati rice sales to cross Rs 50,000 crore this fiscal, says Crisil
“Next fiscal, however, sales will decline by 5-7% as basmati rice realisation is expected to soften with anticipated increase in paddy acreage, leading to higher supply. The volume demand is expected to remain stable at ~6.8 million tonne,” Crisis added.
4 smallcap stocks that can rally up to 50%, according to Axis Securities
In the last one year, the benchmark index Nifty50 closed on a flat note while the S&P500 and the emerging market index declined by 11% and 14% respectively.
How Budget, RBI policy made Jefferies change its India stock portfolio
Nifty now trades at 18.5x 1-yr forward PE or a 7% premium to 10-year avg. and valuation gap vs China is also now back to the 10-year avg. This makes us more optimistic on the market outlook,” it said, adding that the trends were positive in the Budget and Q3 earnings.
Tata stock rallies over 6% after Q3 results. Should you buy, sell or hold?
Trent recently entered into a joint venture with MAS Group, Sri Lanka. Over time, Trent and MAS would pool their domain expertise to undertake design, development, and manufacturing of a range of intimate wear and other apparel products.
MSCI index rejig today: These 4 stocks likely in limelight ahead of rebalancing
The recent massive sell-off in Adani Group companies in the backdrop of the allegations made by US-based short seller Hindenburg Research, had raised questions on whether these stocks will continue to be part of the MSCI global indices.