IRM Energy IPO to open on October 18. 10 things to know
The company’s shares are expected to get listed on both the exchanges. Here are 10 things to know about the offer
These 7 healthcare stocks record their fresh 52-week highs
During Monday’s trading session, the benchmark index Sensex declined around 116 points, closing the day at 66,166. Seven stocks in the BSE healthcare index, however, reached their highest prices in the last 52 weeks. The 52-week high is of great importance to certain traders and investors because it serves as a crucial technical indicator for […]
Tech View: Nifty charts hint at indecisiveness. What traders should do on Tuesday
The daily and hourly momentum indicators provide divergent signals and in such a scenario a consolidation appears with high probability. Contraction of the Bollinger bands also supports our sideways outlook on the Index. The range of consolidation is likely to be 19,500 – 20,100 from a short-term perspective.
TCS, Infosys, HCL Tech Q2 results show billion dollar deals aren’t enough
“Companies flexed a few levers to defend margins. These include raising utilization rates, increasing productivity measures, lowering the average cost of resources, further cutting subcon costs (sufficiently optimized by now), and managing SG&A,” said Kotak’s Kawaljeet Saluja. Analysts are building in 60-110 bps margin expansion over FY2024-26E for TCS, Infosys, and HCL Tech.
Federal Bank Q2 Results: Profit rises 36% YoY to Rs 954 crore
Total income of the bank during the July-September quarter of 2023-24, rose to Rs 6,185.70 crore from Rs 4,630.30 crore in the same period of the previous year, Federal Bank said in a regulatory filing.
Ashish Kacholia raises stake in smallcap Faze Three, cuts holding in multibagger Safari Industries
The celebrity investor reduced his stake in Safari Industries in the September-ended quarter to 2.1% from 2.29% in the April-June period. On Monday, the stock today fell over 1% to the day’s low of Rs 4,202.70 on the NSE. It has fallen over 6% in the last five trading sessions.
NSE expands commodity derivatives segment with 13 new contracts
This will enable participants to efficiently manage their risk across commodities on the exchange platform, ” Sriram Krishnan, Chief Business Development Officer, NSE said.
Apple’s India map provider surges over 100% as it rivals Google’s product
Shares of MapmyIndia, formally known as CE Info Systems Ltd., have risen about 104% from the end of March, adding around $675 million in market value on demand for its consumer-facing app Mappls. Some analysts and investors are betting on the company’s domestic growth opportunity, while others view its price tag as a barrier.
Avenue Supermarts shares fall 4%. Should you buy, sell or hold?
Avenue Supermarts on Saturday reported a consolidated net profit of Rs 623.35 crore for the quarter ended September 30, 2023, which was down by over 9% from Rs 685.71 crore reported by the company in the corresponding period of the previous financial year. The company which operates DMart reported a consolidated revenue from operations at […]
Hot Stocks: Brokerages view on D-Mart, ICICI Prudential Life, HDFC Life and Paytm
Jefferies maintained a hold rating on Avenue Supermarts (D-Mart) but raised the target price to Rs 3850 from Rs 3700 earlier post September quarter results.