KEC International shares in focus after securing new orders worth Rs 1,267 crore
KEC International has secured new orders worth Rs 1,267 crore, boosting the company’s total year-to-date order intake to Rs 23,300 crore. The firm has won contracts in various sectors, primarily for transmission and distribution projects in India and abroad, indicating a positive growth outlook for the company.
Divine Hira Jewellers IPO: Check key dates, price band, GMP and other details
Divine Hira Jewellers IPO will open for subscription from March 17 to March 19, aiming to raise Rs 32 crore through fresh equity shares priced at Rs 90 each. The proceeds will be used for loan repayments, working capital, and corporate needs. The share allotment will be finalized on March 20, with shares listed on […]
A 25 bps rate cut seen in April on cooling inflation: ET Poll
Economists are predicting a possible interest rate cut by the Reserve Bank of India (RBI) in April after retail inflation fell below the central bank’s target. Retail inflation dropped to 3.61% in February, and increased farm output is expected to keep food prices stable.
Oil up 1% as US vows to keep attacking Houthis
Brent futures rose 72 cents or 1.02%, to $71.30 a barrel by 0015 GMT, while U.S. West Texas Intermediate crude futures also rose 72 cents, or 1.1%, to $67.90 a barrel.
Short covering rally can take Nifty towards 23,100: Analysts
The outlook is bullish because the Nifty is not reacting adversely to the fall in the US markets and an unsystematic risk arising after a disclosure from a private bank in India.
Sliding market having a spree of bad share days
This follows a ratings downgrade by Icra, which alleged the clean energy firm falsified debt-servicing documents. Sentiment worsened after its promoters sold shares in the open market during the crisis. The stock had shot up 2,600% between 2022 and 2024.
Is it time to book profit in gold?
Today, gold appears to have the edge over equities across both near-term and long-term horizons. But this comparison is coming when gold is scaling fresh peaks, even as equities have lost steam, observes Niranjan Avasthi, SVP, Edelweiss Asset Management.
MFs buy large banks, NBFCs, select auto and pharma in Feb
As flows into mid- and small-cap thematic funds moderated and valuations remained rich, fund managers were cautious in these segments. Campus Activewear, VATech Wabag, and CMS Infosystems were some of the picks among smaller companies
Big tech stocks at cheapest in months
The price that investors are paying for anticipated earnings from the Magnificent Seven companies hit the lowest level since September this week as the broader S&P 500 dropped 10% from its recent peak.
Rating companies look for clues on IndusInd’s health, control issues
Rating officials said that while they took note of the Reserve Bank of India’s statement over the week-end that the bank was well-capitalised, they would keep a track on the bank’s security prices, liquidity position, reports of any deposit withdrawal, and assess the bank and its promoters’ ability to raise equity.