Business Today - Business

Weekly Market Wrap: Markets snap two-week gaining streak amid rising recession worries in US

12 hours ago

Business / Business Today/ Markets

Traders opt for profit booking ahead of US and India inflation numbers next week; IT stocks fall as Credit Suisse issues warning on their still-high valuations..

Wipro shares down 45% this year; good time to buy?

yesterday

Business / Business Today/ Markets

Wipro stock, which closed at Rs 715.20 on December 31, 2021, is trading at Rs 396.40 in the current session. Market cap of Wipro fell to Rs 2.17 lakh crore on BSE..

Sun Pharma shares rise after five sessions of losses, here's why

yesterday

Business / Business Today/ Markets

Sun Pharma stock rose up to 1.46% to Rs 995.30 against the previous close of Rs 980.95 on BSE. The share opened flat at Rs 980.80 on BSE..

Bulk deals: Triveni Engineering, Shalby, Ansal Housing and more

yesterday

Business / Business Today/ Markets

Mortgage lender HDFC sold 350,109 shares of Ansal Housing at Rs 4.73 apiece. The transaction amounted to Rs 16.56 lakh..

S&P 500, Nasdaq snap losing streaks after jobless claims rise; Apple, Microsoft shares up

yesterday

Business / Business Today/ Markets

Wall Street's main indexes had come under pressure in recent days, with the S&P 500 shedding 3.6% since the beginning of December on expectations of a longer rate-hike cycle and downbeat economic views from some top company executives...

Sensex snaps four-session losing streak; Axis Bank, IndusInd Bank, ICICI Bank top gainers

2 days ago

Business / Business Today/ Markets

Axis Bank (2.71%), IndusInd Bank (2.31%), ICICI Bank (1.02%) , L&T (2.06%) and Infosys (0.93%) were the top Sensex gainers today...

Bank of India vs Bank of Baroda: Stocks hit 52-week highs today; here's what analysts say

2 days ago

Business / Business Today/ Markets

Bank of India vs Bank of Baroda: BoI jumped for the sixth straight session today. The stock surged as much as 7.70 per cent to hit a day high -- also its 52-week high -- of Rs 100. BoB climbed for the fourth straight session today. The stock surged as much as 6.20 per cent to hit a day high -- also its 52-week high -- of Rs 187.45...

Lancer Container Lines stock split: Board sets record date for multibagger's corporate action

2 days ago

Business / Business Today/ Markets

Lancer Container Lines is a multibagger stock with 156% returns, 110% returns and 3,647% returns in 2022, one year and three years, respectively..

Is the worst over for Zomato stock? Here's what experts say

2 days ago

Business / Business Today/ Markets

Notably, the stock is down over 57 per cent from its 52-week high of Rs 148.85, hit on December 9, 2021. However, it is up over 60 per cent from its 52-week low of Rs 40.55, hit on July 27, 2022...

Stocks where analysts are gung ho on this December. Do you own any?

2 days ago

Business / Business Today/ Markets

Axis Securities likes ICICI Bank, Tech Mahindra, Maruti Suzuki, SBI, Infosys and Bajaj Finance as its top large cap picks. It prefers Dalmia Bharat, Polycabs India and Federal Bank among midcaps..

Share Market News Live: Sensex, Nifty may start on lower note amid weak global cues

2 days ago

Business / Business Today/ Markets

Stock Market News Live: Sensex and Nifty are expected to stage a slightly lower opening, taking cues from the global markets. Asian stocks mostly declined in early deals as Japan's Nikkei fell 0.74 per cent, South Korea's Kospi moved 0.77 per cent lower, China's Shanghai Composite slipped 0.16 per cent...

As RBI hikes repo rate. Here's what industry experts say

3 days ago

Business / Business Today/ Markets

With a fall of 3.07 per cent, Oberoi Realty declined the most. It was followed by Brigade Enterprises (down 2.25 per cent), Godrej Properties (down 2.15 per cent), DLF (down 1.76 per cent) and Sobha (down 1.75 per cent)..

RBI rate hike: What signals it gave to Dalal Street investors

3 days ago

Business / Business Today/ Markets

Five out of six MPC members voted in favour of 35 basis points. More importantly, the MPC re-iterated intention of withdrawing accommodative policies with four members out of six voting in favour for it, said Naveen Kulkarni of Axis Securities PMS..

How this Right Horizons' strategy delivered 60% CAGR return in 2 years, founder Anil Rego explains

3 days ago

Business / Business Today/ Markets

Anil Rego, Founder and Fund Manager, Right Horizons explained that an ability to hold a concentrated portfolio of companies during volatile times gives them the flexibility to capitalise during the earnings rerating phase..

The only multibagger in Tata Group pack this year is a hotel stock. No, it is not Indian Hotels!

3 days ago

Business / Business Today/ Markets

Indian Hotels and other Tata group companies owned 39.1 per cent stake in the hotel chain while the family members of late Chennai-based industrialist DS Reddy held 28.5 per cent stake in it as of September 30..

History suggests real estate, metals & IT stocks gain big in Decembers. Here're top stock picks

3 days ago

Business / Business Today/ Markets

Coal India, Welspun Corp and Ratnamani Metals are Axis Securities’ preferred stock picks in the metals & mining sector while Tata Steel, Hindalco, Vedanta and Jindal Steel are some stocks that the brokerage is neutral on..

Hatsun Agro Products to go ex-rights today; Hinduja Global Solutions to turn ex-dividend

3 days ago

Business / Business Today/ Markets

Hinduja Global Solutions would turn ex-dividend today. Hinduja Global Solutions had announced an interim dividend of Rs 5 per share. The record date for the same is December 8 and the dividend will be paid on December 14..

Sensex falls for third straight session; Tata Steel, Dr Reddy's, Infosys top losers

4 days ago

Business / Business Today/ Markets

Sensex fell for the third session and ended 208.24 points or 0.33 per cent lower at 62,626.36. During the day, the 30-stock index tumbled 444.53 points or 0.70 per cent to 62,390.07. Nifty slipped 58.30 points or 0.31 per cent to close at 18,642.75..

This graph suggests December can deliver solid returns to investors. Here's how

4 days ago

Business / Business Today/ Markets

75 per cent of the times in the past 20 years Nifty closed on a positive note. However, the average monthly return stood at 2.3 per cent. With a 2.6 per cent gain, September is the second-best month in terms of average return..

DroneAcharya Aerial Innovations IPO to open on December 13: Check price band, GMP & other details

4 days ago

Business / Business Today/ Markets

DroneAcharya Aerial Innovations IPO: The SME (Small and medium enterprises) IPO would offer 62.90 lakh shares (Rs 10 paid up through the book-building process in the price band of Rs 52-54 per share...

2 SME stocks debuted on Oct 10; both turned multibaggers with up to 355% returns!

4 days ago

Business / Business Today/ Markets

While Concord Control, already had a strong listing, the scrip built on gains and is up 355 per cent since its October 10 listing. Silicon Rental Solutions did not had stellar listing on October 10, but the scrip has jumped 117 per cent since..

Why are shares of IndiGo, Ahluwalia Contracts, Gravita India & Dreamfolks rising today?

4 days ago

Business / Business Today/ Markets

Ahluwalia Contracts (India) jumped 6.73 per cent to Rs 468.45 after the company secured an order for Construction of 5000 seating capacity public auditorium at Guwahati..

Tata Steel, ONGC & ITC trade at up to 70% discount to historical averages. Should you buy?

4 days ago

Business / Business Today/ Markets

ONGC's 12-month trailing PE multiple at 2.4 times, as of November 30, was at 72 per cent discount to its historical average of 8.3 times...

SGX Nifty sheds 74 points; Asian markets, oil prices, FPI flow trend; Bikaji Foods, PTI India Q2 results & more

4 days ago

Business / Business Today/ Markets

Nifty futures on the Singapore Exchange quoted 62.50 points, or 0.33 per cent, lower at 18,747.50, hinting at a weak start for the domestic market on Tuesday...

Sensex ends lower for second straight session; Reliance, TechM, UltratTech top losers

5 days ago

Business / Business Today/ Markets

Tata Steel (3.35%), NTPC (1.66%), SBI (1.58%), IndusInd Bank (1.38%) and PowerGrid (0.61%) were among the top Sensex gainers..

European shares slip ahead of economic activity data

5 days ago

Business / Business Today/ Markets

China relaxing COVID-19 curbs following protests against the country's strict "zero-COVID" policy as well as easing worries about interest rate hikes had helped shares log gains for a seventh straight week on Friday..

LIC increases stake in Adani Enterprises, Adani Total Gas, Adani Transmission

5 days ago

Business / Business Today/ Markets

While the life insurer has increased investment, Foreign Portfolio Investors (FPIs) have trimmed stake in Adani stocks in recent quarters..

Grasim, SBI Life and Gujarat Gas may deliver healthy returns in short term

5 days ago

Business / Business Today/ Markets

SBI Life has broken out from a symmetrical triangle at 1274-1275. Following a breakout out from the price pattern, the 50-day MA crossed above the 100-day MA which confirmed the bullishness in the stock..

NDTV shares fall 5%; Adani group's open offer closes today

5 days ago

Business / Business Today/ Markets

NDTV shares fell 4.68 per cent to hit a low of Rs 395 on BSE. A total of 21,000 NDTV shares changed hands so far against a two week average of 59,000 shares. Against a buy order of 3,483 shares, the scrip had sell orders of 17,218 shares on BSE at 10.30 am..

'I lost my patience, sorry,' says PR Sundar on controversial tweet

5 days ago

Business / Business Today/ Markets

Sundar said he posted an apology earlier, yet trolls kept abusing him. He later came up with an apology video on YouTube. Sundar said he has deleted the tweet..

LTIMindtree listing; Alfa Transformers, Gujarat Toolroom preferential issues, Marg Techno stock split & more

5 days ago

Business / Business Today/ Markets

LTI and Mindtree had announced the completion of their merger effective November 14. Mindtree shares were suspended for trading with effect from November 23, one trading day prior to the record date (last date of trading was November 22)..

Sensex, Nifty: Key factors that may influence Dalal Street this week

6 days ago

Business / Business Today/ Markets

When the dollar index moves up and is expected to trend up, FPI sell. Conversely, when the dollar index declines and is expected to trend down, they buy. Going forward, India will get its fair share of FPI money. But the high valuation in India will be a deterrent...

Nifty sees profit booking after 8-day rally; 18,900 a key hurdle, say analysts

6 days ago

Business / Business Today/ Markets

Nifty showed the first sign of profit booking when prices slipped below 19,800 level, with a bearish candle on the daily chart. The index has completed the Bearish Crab harmonic pattern at 18,887.60 level...

Nasdaq leads Wall Street lower after robust November jobs data

8 days ago

Business / Business Today/ Markets

The Labor Department's jobs report showed nonfarm payrolls rose by 263,000, compared with an estimated 200,000, as U.S. employers hired more workers than expected in November and raised wages despite mounting worries of a recession...

Paytm Analyst Day: What Morgan Stanley, Goldman Sachs & CLSA said on stock

8 days ago

Business / Business Today/ Markets

Paytm in its first ever Analyst Day meeting explained its business model and gave insights on its payments and lending businesses. The company management sounded confident of strong growth as well adjusted Ebitda break-even target by September 2023..

BHEL shares hit 52-week high on bid to manufacture Vande Bharat trains

8 days ago

Business / Business Today/ Markets

BHEL shares touched a 52 week high of Rs 91.1, rising 7.56% against the previous close of Rs 84.70 on BSE..

Cosmo First stock rises on nod to Rs 108-crore share buyback

8 days ago

Business / Business Today/ Markets

Cosmo First shares gained 2.28 per cent to Rs 847 against the previous close of Rs 828.30 on BSE..

Bandhan Bank stock rises 2% amid market correction; here's why

8 days ago

Business / Business Today/ Markets

Bandhan Bank shares rose up to Rs 240.50, up 2.07 per cent against the previous close of Rs 235.60 on BSE..

Alkyl Amines, La Opala, Supreme Infra, United Spirits & Westlife: What analysts said of these 5 stocks

8 days ago

Business / Business Today/ Markets

Motilal Oswal said that the ongoing expansions (Rs 400 crore capex) at Alkyl Amines will boost the capacity of Aliphatic Amines by 30 per cent from 90-100ktpa at present..

Asian shares tentative ahead of US payrolls data, dollar nurses losses

8 days ago

Business / Business Today/ Markets

MSCI's broadest index of Asia-Pacific shares outside Japan lost 0.2% in early trade. Nonetheless, the index is set to rise 4.2% for the week, hovering around the highest level since September...

Hatsun Agro Product stock zooms 12% as board to decide terms of rights issue

9 days ago

Business / Business Today/ Markets

Hatsun Agro Product stock climbed 11.95% intraday to Rs 998 against the previous close of Rs 891.50 on BSE...

Reliance Industries shares rise for six straight sessions; can they hit Rs 3,100 mark?

9 days ago

Business / Business Today/ Markets

Reliance Industries shares have been rising for the last six sessions and gained nearly 8% during the period..

Timken India shares snap 3-day losing run, surge 11%

9 days ago

Business / Business Today/ Markets

Timken India is poised to benefit from macro tailwinds in bearings industry such as shift of manufacturing facilities to India, foray into new segments and development of new verticals, said JM Financial..

Ashish Kacholia buys stake in multibagger Likhitha Infra; stock up 21% in 2 days

9 days ago

Business / Business Today/ Markets

Kacholia bought Rs 15,20 crore worth of stake in the civil construction company in a bulk deal on Wednesday. At the prevailing price, the stock was up 109.38 per cent over its 52-week low of Rs 236 hit on June 22..

Bajaj Auto shares slip 4% on November sales data

9 days ago

Business / Business Today/ Markets

Bajaj Auto stock fell 4.12% to Rs 3,595.50 against the previous close of Rs 3,750.30 on BSE. Market cap of Bajaj Auto slipped to Rs 1.06 lakh crore..

Bandhan Bank, SBI Card, Britannia & Route Mobile: Here's what analysts said on these 4 stocks

9 days ago

Business / Business Today/ Markets

Motilal Oswal said Bandhan Bank has been taking it on the chin as the bank continuously cleanses its balance sheet with EEB stress pool moderating in Q2FY23..

Uniparts India IPO subscribed 58% on first day of bidding: GMP, other details

10 days ago

Business / Business Today/ Markets

Uniparts India IPO: The non-institutional investors' category got a 90 per cent subscription and the retail investors' portion witnessed a 77 per cent subscription by 5 pm today. However, the quota for qualified institutional buyers failed to attract any bids so far...

Rs 35,000 crore inflows! Here's how FPIs November shopping cart looked like

10 days ago

Business / Business Today/ Markets

Data showed FPIs bought Rs 34,959 crore worth of equities in November, the second biggest monthly FPI inflow in 2022 so far..

Zomato shares turn volatile post multiple bunch trades! Where is the stock headed?

10 days ago

Business / Business Today/ Markets

According to reports, Chinese e-commerce giant Alibaba Group is likely to sell around a 3 per cent stake in Indian food delivery firm Zomato for $200 million in a block deal...

Infosys, TCS, Wipro shares rise up to 20% from 52-week low; what should investors do?

10 days ago

Business / Business Today/ Markets

Infosys, TCS, Wipro share price today: While Infosys has recovered 20%, stock of Wipro has risen 8.33% from its 52 week low. Shares of TCS too have climbed 15.58% from their yearly low..

Union Bank shares up for 3rd day, hit fresh 52-week high. Here's why

10 days ago

Business / Business Today/ Markets

Union Bank hit a fresh 52-week high of Rs 83.70 on BSE. With this, the scrip has rallied 150 per cent from its 52-week low Rs 33.55 hit in May this year..

Gland Pharma Cenexi acquisition: Rs 1,800 or Rs 2,500, where is the stock headed?

10 days ago

Business / Business Today/ Markets

Gland Pharma's Cenexi may constitute 25 per cent of the combined entity’s FY2024E sales and 15 per cent of Ebitda, said Kotak Institutional Equities..

Share Market News Live: Sensex, Nifty edge higher in early trade; Uniparts India IPO set to open today

10 days ago

Business / Business Today/ Markets

Stock Market News Live: Sensex and Nifty edged higher in opening deals today ahead of gross domestic product (GDP) data and the US Federal Reserve Chairman Jerome Powell's speech, both due later in the day, for cues on future interest rate hikes. GDP Data for the July-September quarter (Q2) is scheduled to be released at 5:30 pm on Wednesday...

Stock Market Today: Asian markets, oil prices, FPI flows & 7 other things you should know

10 days ago

Business / Business Today/ Markets

Nifty futures on the Singapore Exchange quoted 11.50 points, or 0.06 per cent, lower at 18,747, hinting at a muted start for the domestic market on Wednesday...

Dharmaj Crop Guard IPO subscribed 5.97 times on Day 2: Latest GMP & other details

11 days ago

Business / Business Today/ Markets

Dharmaj Crop Guard IPO: The quota for qualified institutional buyers (QIBs) got subscribed 76 per cent, while the category for non-institutional investors witnessed 8.74 times subscription. The portion for retail individual investors (RIIs) received 7.75 times subscription and that for employees got subscribed 3.75 times...

Nureca shares hit all-time low after promoter sells stake

11 days ago

Business / Business Today/ Markets

Nureca stock hit a fresh low of Rs 525, down 2.48% against the previous close of Rs 538.35 on BSE. The stock opened lower at Rs 536 on BSE..

Gland Pharma shares rise 7% as report says Fosun weighs sale of drugmaker

11 days ago

Business / Business Today/ Markets

Fosun is yet to initiate a formal sale process of its stake in Gland Pharma, the report added..

Can battered Sobha, Sunteck, other realty stocks replicate 2021 rally anytime soon?

11 days ago

Business / Business Today/ Markets

The benchmark BSE Realty index has fallen 9 per cent year-to-date against a 6 per cent rise in the BSE Sensex. Indiabulls Real Estate, Godrej Properties, Sobha and Sunteck Realty plunged 20-50 per cent year-to-date..

Laurus Labs shares hit 52-week low amid market rally, here’s why

11 days ago

Business / Business Today/ Markets

Laurus Labs stock slipped 7.04% to Rs 418.80 (fresh 52-week low) against the previous close of Rs 450.50 on BSE. The stock has been falling for two days..

Paytm climbs 4% as CLSA finds risk-reward favourable

11 days ago

Business / Business Today/ Markets

Paytm stock trades at 16 times EV/core Ebitda on an FY26 basis, discounted back to FY24. It trades at a 25-40 per cent discount to Adyen and Block’s EV/Ebitda multiples, CLSA said..

Share Market News Live: Sensex, Nifty likely to stage lower opening tracking Wall Street

11 days ago

Business / Business Today/ Markets

Stock Market News Live: Sensex and Nifty are expected to open on a lower note today, taking cues from an overnight decline in Wall Street. All three major US stock indexes settled lower on Covid protests in China and ahead of commentary from Federal Reserve for any clues on its future rate hiking path. However, Asian stocks rebounded as South Korea's KOSPI moved 0.35 per cent higher, the Shanghai Composite index rose 1.63 per cent higher and Hong Kong's Hang Seng Index jumped 3.44 per cent, while Japan's Nikkei index slipped 0.58 per cent...

SGX Nifty sheds 75 points: Asian markets, oil prices, FPI flow trend, corporate actions & more

11 days ago

Business / Business Today/ Markets

Nifty futures on the Singapore Exchange quoted 75 points, or 0.40 per cent, lower at 18,654, hinting at a weak start for the domestic market on Tuesday...

Morgan Stanley sees Sensex at 80,000 in bull case scenario. Here're base & bearish scenarios

12 days ago

Business / Business Today/ Markets

Morgan Stanley, on its bearish scenario, sees probability of Sensex touching 52,000 at 20 per cent. It assumed price oil and other relevant commodities remaining elevated and RBI ending up tightening money policy aggressively...

China's COVID protests weigh on European shares

12 days ago

Business / Business Today/ Markets

European shares fell from three-month highs on Monday, led by losses in energy and mining stocks, as widespread and rare protests in China against stringent COVID-19..

JK Tyre shares jump over 10% to trade near 52-week high; here's what experts say

12 days ago

Business / Business Today/ Markets

JK Tyre share price: The company's market capitalisation (m-cap) stood at Rs 4,678.39 crore. Experts largely remained positive on the stock on account of strong demand in the automobile sector and the tyre maker's plan to expand its production capacity...

Tanla Platforms shares zoom 15% amid market rally

12 days ago

Business / Business Today/ Markets

Tanla Platforms stock opened higher at Rs 749.9. Later, it gained 15.08 per cent to Rs 848 against the previous close of Rs 736.85 on BSE..

Apollo Tyres shares hit 52-week high as UBS sees 21% upside

12 days ago

Business / Business Today/ Markets

Apollo Tyres stock opened higher at Rs 295 against the previous close of Rs 293.70 on BSE. Later, the tyre maker hit a 52-week high of Rs 312.35, rising 6.35% on BSE..

VA Tech Wabag shares rise 5% as ADB to invest Rs 200 crore

12 days ago

Business / Business Today/ Markets

VA Tech Wabag stock hit a fresh high of Rs 328, rising 5.48% against the previous close of Rs 310.95 on BSE today..

Oil falls over $2 a barrel as China's COVID protests fuel demand fears

12 days ago

Business / Business Today/ Markets

Oil futures fell more than $2 a barrel on Monday, with WTI hitting an 11-month low, as protests in top importer China over strict COVID-19 curbs fuelled demand concerns..

Stocks and oil skid as China's COVID protests roil sentiment

12 days ago

Business / Business Today/ Markets

Stocks and oil weakened on Monday as rare protests in major Chinese cities against the country's strict zero-COVID policy raised worries in the world's second-largest economy..

Share Market News Live: Sensex, Nifty may open lower amid weak global cues

12 days ago

Business / Business Today/ Markets

Stock Market News Live: Sensex and Nifty are expected to open on a lower note today amid weak cues from the global markets. Asian shares plunged as investor sentiment took a hit due to protests in major Chinese cities against the country's strict zero-Covid policy...

Stocks, oil skid as China's COVID protests roil sentiment

12 days ago

Business / Business Today/ Markets

MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.6% after US stocks ended the previous session with mild losses...

Nifty Bank Outlook: Keep booking profits at high; Canara Bank, PNB and BOB to do well among PSBs

13 days ago

Business / Business Today/ Markets

Among private banks, we expect ICICI Bank and IndusInd Bank would be a frontrunner. While among PSU banks, Bank of Baroda and Canara Bank, and PNB are standing strong and may deliver decent gains in the coming week...

Sensex tumbles 389 points; Nifty below 18,500; IT stocks major drag

yesterday

Business / Business Today/ Markets

Sensex fell 389 points to end at 62181. Of 30 Sensex stocks, 18 ended in the red. Nifty too fell 112 points to end at 18,496, with 33 of its constituents closing in the red..

Paytm shares climb 7% on share buyback proposal; here's what analysts say

yesterday

Business / Business Today/ Markets

Paytm share price: The stock climbed as much as 7.69 per cent to hit an intraday high of Rs 547.50 against its previous close of Rs 508.40. It finally settled 7.20 per cent higher at Rs 545. A total of 16.79 lakh shares changed hands on BSE, amounting to a turnover of Rs 90.41 crore...

Yes Bank shares jump 15% to hit 52-week high today; here's why

yesterday

Business / Business Today/ Markets

Yes Bank share price: The stock jumped as much as 14.93 per cent to hit a day high -- also its 52-week high -- of Rs 20.40 as against its previous close of Rs 17.75. A total of 616.23 lakh shares changed hands today on BSE, amounting to a turnover of Rs 120.47 crore...

Stocks in news: Paytm, HUL, Adani Enterprises, Lupin and more

yesterday

Business / Business Today/ Markets

Stocks to watch out for today: Hindustan Unilever, Adani Enterprises, Lupin, RateGain Travel, Sun Pharmaceutical, InterGlobe Aviation, Paytm, Kalyan Jewellers and more..

Share Market News Live: Sensex, Nifty set to open higher on global cues

yesterday

Business / Business Today/ Markets

Stock Market News Live: Sensex and Nifty are expected to start on a higher today, taking cues from the global markets. Asian stocks mostly climbed in early trade as Japan's Nikkei rose 1.07 per cent and Hong Kong's Hang Seng index moved 0.66 per cent higher...

Landmark Cars IPO to open on Dec 13; price band fixed at Rs 481 to Rs 506

2 days ago

Business / Business Today/ Markets

Landmark Cars IPO: The firm, which is engaged in the dealership of four wheelers, plans to raise Rs 552 crore by issuing 10,909,091 shares..

Will power sector's spark continue in 2023? Here's what analysts say

2 days ago

Business / Business Today/ Markets

The BSE Power index rallied the most 32 per cent on a year-to-date basis till December 7, extending its rally to 139 per cent since December 2019..

USFDA lists Sun Pharma's Halol unit under 'import alert', stock falls 2.5%

2 days ago

Business / Business Today/ Markets

Sun Pharma update: The import alert means all future shipments of products made at Halol can be refused admission to the US market until the facility becomes compliant with the FDA's cGMP standards..

Dharmaj Crop Guard shares list at 12% premium to IPO price, market cap rises to Rs 899 crore

2 days ago

Business / Business Today/ Markets

Dharmaj Crop Guard stock listed at Rs 266.05, 12.26% higher to the IPO price on NSE. Market cap of Dharmaj Crop Guard stood at Rs 899.17 crore..

Tata Motors, Maruti Suzuki and TVS Motor: What makes Jefferies bullish of these 3 auto stocks

2 days ago

Business / Business Today/ Markets

Tata Motors is among Jefferies’ top auto picks, given the cyclical recovery and improving franchise in India, early leadership in India EVs, and JLR focus returning to higher margin Land Rover models..

Uniparts India share allotment today: Here’s how to check status, listing date and more

3 days ago

Business / Business Today/ Markets

Uniparts India IPO was subscribed 25.32 times with strong demand from qualified institutional buyers on the final day..

Real estate shares tank up to 3% as RBI hikes repo rate; here's what industry experts say

3 days ago

Business / Business Today/ Markets

Over 200% return in 2022! ICICI Securities sees more upside in this top-performing PSU

3 days ago

Business / Business Today/ Markets

ICICI Securities sees over 10 per cent upside in Mazagon Dock Shipbuilders despite an over 200 per cent rally in the state-owned firm on Dalal Street in the ongoing calendar year..

Morgan Stanley bullish on BoI, SBI, PNB, Canara Bank and BoB; sees up to 38% upside

3 days ago

Business / Business Today/ Markets

SBI remains its best state-owned bank and the brokerage firm sees potential for notably higher stock returns in BOI and BOB due to much cheaper valuations...

Bikaji Foods shares climb 5% on strong Q2 results. Full details

3 days ago

Business / Business Today/ Markets

Bikaji Foods in a filing to BSE said its revenue for the quarter jumped 32 per cent to Rs 577 crore compared with Rs 437.68 crore in the corresponding quarter last year. PAR margin for the quarter came in at 7.1 per cent against 6.5 per cent in the year-ago quarter..

Phoenix Mills, TCI Express, DLF, GSPL and Greenpanel Ind: Here's what analysts said on these 5 stocks

3 days ago

Business / Business Today/ Markets

TCI Express has reported healthy growth over the last 7 years as it leveraged its wide distribution and infrastructure reach and had asset light model with longstanding relations with vendors..