Aramco reports $30 billion in Q2 profits, down 40% YoY
Total sales stood at just over 400 billion riyals (about $106 billion), down from 562 billion riyals ($150 billion in the second quarter of 2022. Aramco is one of the biggest companies in the world, and Saudi Arabia is looking to oil revenues to fund ambitious plans to overhaul its economy. The company reported a […]
2 top stock recommendations from Aditya Arora
And the trend is pretty dull over there. But stock specific activity is pretty good. And we are liking chemicals sector today. You can see a lot of buzz in small cap, mid cap chemical names.
Zomato shares rally 8% to cross Rs 100 mark, hit 52-week high
Meanwhile, the revenue from operations for the reporting quarter stood at Rs 2,416 crore, which was up nearly 71% YoY against Rs 1,414 crore reported by the company in the year-ago period.
Chart Check: Range breakout on daily charts could take Berger Paints to fresh 52-week high; time to buy?
The stock moved in a narrow range since June 2023 on the daily charts where Rs 690 acted as resistance while on the downside support was visible at Rs 650 level which also corresponds to the 50-DMA.
Paytm shares jump over 11% as Vijay Shekhar Sharma buys 10.3% stake from AntFin
Under the agreement, AntFin will be issued OCDs by Resilient Asset Management BV in consideration for the transfer, and to retain the economic value, the filing said. The new ownership structure will likely benefit the company, Paytm further claimed.
Positive Breakout: RIL, ACC and 4 other stocks crossed above their 200 DMAs
Adani Green Energy shares tumble over 12% amid block deal reports
As per reports, 2.7% equity changed hands in a block deal in Adani Green Energy. The buyers and sellers in the deal are not known.
China or India? How to invest in the coming Asia Boom
India and China both offer investors the chance to profit from rising powers’ economic growth. India could experience a decades-long investment boom. Goldman Sachs Group Inc. analysts expect its share of global equity market capitalization to quadruple between now and 2075—reaching 12%, when it will be neck and neck with China’s.
Apollo Tyres, Wipro among 8 stocks that can gain up to 24% in short term
Stock specific action is likely to continue with some major earnings including LIC, Adani Ports slated this week. Here are 8 technical picks from analysts that can offer gains up to 24%.
Stocks in news: RIL, SBI, Delhivery, Policybazaar, Godrej Consumer
Jio Financial is expected to listed soon, RIL said in its annual report as it seeks to propel its recently carved out unit into India’s largest non-banking lender