Rashi Peripherals shares to list tomorrow. What GMP signals ahead of debut?
The IPO of Rashi Peripherals was subscribed nearly 60 times at close, driven by heavy bidding from non-institutional investors. Most analysts were positive on the issue as the company has a good financial track record and robust distribution network.
Tech View: Nifty trend remains choppy in short term. What traders should do on Wednesday
The short-term trend of Nifty remains choppy with alternative candle formations like bull and bear. A sustainable move above the immediate resistance of 21,800-21,850 levels can open a sharp upside towards another resistance of 22,000-22,100 levels in the near term, said Nagaraj Shetti of HDFC Securities.
India needs to grow at 7-8 per cent annually to become developed nation by 2047, says Ex RBI Guv C Rangarajan
Asserting that innovation cannot be a single solution to reduce inequalities or poverty, the former Chairman of the Prime Minister’s Economic Advisory Council said besides faster growth rate, the country may need social safety nets such as subsidies in kind of cash and basic income.
Hindalco shares tank 14% on Novelis’ Bay Minette return guidance. Should you buy?
The company reported net sales at $3.9 billion for the third quarter of fiscal year 2024, which decreased 6% versus the prior year period driven by lower average aluminum prices as shipments were in line with prior year levels.
Faith Unabated! Over 100 stocks that retail bulls bet on for 3 quarters turned multibaggers
Interestingly, several public sector companies have found them in this list and these stocks have more than doubled retail investors’ money in the last 10 months.
SBI, Axis Bank among 8 stocks that earned upgrades in the last 1 month. Check revised target price
Five brokers have upgraded the target price of SBI. Brokers have set an average target price of Rs 774 on the stock, showing an upside potential of around 9% from the current market prices
Technical Stock Pick: 20% rally in 3 months! This PSU stock retest consolidation 1-year breakout zone
Short-term traders can look to buy the stock for a possible target of Rs 841 in the next 1-2 months, suggest experts.
LIC ditched these 19 smallcap stocks in Q3. End of the party or just a jittery exit?
Among smallcaps, Kaveri Seed was LIC ownership reducing by about half to 2.66% in Q3. In MOIL, LIC stake fell from 7.42% to 5.46% quarter-on-quarter, shows ACE Equity data.
Hot Stocks: Brokerage view on SAIL, NHPC, Thermax and PI Industries
BofA Securities recommended an underperform rating on NHPC with a target price of Rs 63. The Q3 earnings were a miss on lower generation led by lower water availability.
LIC has potential to qualify for index stock in future: Sandeep Tandon
And I always talked about that growth as a cycle which peaked out in September 2021 which lasted for a decade, more than like started in rally from August 2012 and if even 20-30% of money shift from growth towards value, there will be big up move which can continue in value stock and that […]