RBI: Govt to buy back bonds worth Rs 40,000 crore; move to ease tight liquidity
The unexpected move is also seen bringing down yields on short-term government bonds, as the three securities that the government has chosen to buy back are all maturing within six to nine months. A fall in government bond yields brings down cost of borrowing for companies as pricing of corporate bonds is benchmarked to sovereign […]
NSE board approves 4:1 bonus issue, dividend of Rs 90 per share
A company issues bonus shares for their shareholders in order to increase the liquidity of the stock as well as to decrease its stock price thereby making it affordable for investors. All shareholders who own company shares before the record date, which is determined by the firm, are eligible for additional shares. The dividend is […]
Tech View: Nifty forms Doji candle on weekly scale. What traders should do next week
Technically, the index closed below the level of 22,500, which has been acting as a minor support for the last couple of days. While this is a negative development, it’s not something that opens a big downside, observed an expert.
Blue Star has a very balanced growth in both B2B and B2C segments; Jan-July overall market growth to be 30-35%: Vir Advani
Blue Star’s Vir Advani discusses strong Q4 performance, market growth outlook, revenue milestones, and technological advancements. Anticipates continued demand revival, capacity expansion, and industry growth with a focus on innovation and efficiency improvements.
Adani Green Q4 Results: Consolidated PAT plunges 70% YoY to Rs 150 crore
Adani Green Q4 Results: On a sequential basis, the profit after tax (PAT) was down 41% as against Rs 256 crore reported in the October-December quarter.
Coforge’s Cigniti acquisition a game-changer, will be EPS accretive from day one, says CEO Sudhir Singh
Sudhir Singh of Coforge outlines the strategic benefits of acquiring Cigniti, focusing on revenue growth, market expansion, and confidence in successful integration based on past acquisition achievements and team capabilities. Singh says: “Our intent is to raise roughly about $250 million and we will acquire between 51% and 54% of the promoter stake through a […]
Are retail investors winning the battle against FIIs? These 28 multibagger stocks show the trend
Retail investors outperform as 28 multibagger stocks show decreasing FII holding and increasing retail stake. Nilesh Shah shares stock ideas. Retail rebellion impacts various sectors. Potential for retail dominance in the market.
8 small, midcap ideas by Axis Securities with up to 34% upside
Axis Securities recommends various stocks with potential upside, including Aurobindo Pharma, Lupin, Federal Bank, CreditAccess Grameen, JTL Industries, CIE Automotive India, Westlife Foodworld, and PNC Infratech, based on market trends and company performance.
Coforge shares crash 10% as Jefferies halves target price following Q4 miss
Shares of Coforge, which was earlier known as NIIT Technologies, fell nearly 10% on Friday to the day’s low of Rs 4,505 on BSE after the IT company reported weak Q4 results in which both revenue and margin missed estimates.
Bajaj Finance shares jump over 7% as RBI lifts curbs in less than 6 months
Bajaj Finance’s shares soared 7.5% on BSE following RBI’s decision to lift restrictions on key customer acquisition products. Analysts foresee positive outcomes with improved growth visibility and potential profit CAGR.