Betting Big! Four stocks with highest increase in retail shareholders, turn multibaggers in FY24
Of the top 10 stocks that saw the highest increase in retail shareholders in the last one quarter, seven of them are part of the midcap and smallcap segments, and four of them belong to the public sector space, data by Prime Database showed.
F&O stock strategy: How to trade in HCL Technologies, Tata Motors?
Nifty IT has strongly outperformed the frontline indices on Thursday as it has surged by nearly 3%.
Morgan Stanley sees Sensex at 74,000 by December 2024, keeps 10 stocks in focus list
The base case scenario of Sensex hitting 74,000 mark has a 50% probability and suggests that the BSE Sensex will trade at a trailing P/E multiple of 24.7x, ahead of the 25-year average of 20x.
Softbank said to have sold 1.8 crore shares of Delhivery, stock falls 4%
According to reports, Softbank was looking at selling about 4% stake in the logistics services provider. So far in 2023, shares of Delhivery have given healthy returns of nearly 22% to investors. In March, SoftBank sold 2.84% stake in Delhivery for Rs 954.2 crore through multiple block deals in the open market.
Big Movers on D-Street: What should investors do with TCS, PB Fintech & Kalyan Jewellers?
Among the major movers in the market were index major Tata Consultancy Services, PB Fintech, and Kalyan Jewellers India.
F&O stocks to buy or sell today: Titan, Tata Power among top 6 trading ideas for 17 November
Call writing is seen at 19900 then 20000 strikes while Put writing is seen at 19700 and then towards 19600 strikes.
Stocks in news: Delhivery, RIL, Jio Fin, Airtel, IDBI Bank, Hero MotoCorp, Page Inds
Subsidiary Reliance Jio Infocomm added 32.4 lakh users in August, and its wireless subscriber tally topped 44.57 crore, according to data released by telecom regulator TRAI.
Fedbank Financial Services IPO: Federal Bank arm sets price band at Rs 133-140/share
Fedbank Financial Services IPO consists fresh equity issue worth Rs 600 crore along with an offer for sale (OFS) comprising 35,161,723 equity shares. Under the OFS, 1.64 crore equity shares will be offloaded by Federal Bank and 5.38 crore shares by True North Fund VI LLP.
Hot Stocks: Brokerages’ view on Bajaj Finance, Jubilant FoodWorks, ONGC and KNR Construction
Morgan Stanley maintained an Equal-Weight rating on Jubilant FoodWorks with a target price of Rs 493.
Cement companies poised for stronger show in H2
The improved profitability in the September quarter, along with the expected improvement in the December and March quarters is expected to lift the average operating profit per tonne of cement makers to ₹970 per tonne in FY24 compared with ₹745 per tonne a year ago, Axis Securities said in a note.