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Hexaware down 9% post Q2 nos; Macquarie downgrades to neutral, raises target price

BUSINESS

Hexaware down 9% post Q2 nos; Macquarie downgrades to neutral, raises target price

Credit Suisse has maintained underperform rating on Hexaware and raised target to Rs 380 from Rs 360 per share.

AIDS-related deaths in India declined 56.8% between 2010 and 2017: UN

BUSINESS

AIDS-related deaths in India declined 56.8% between 2010 and 2017: UN

New HIV infections in the country fell from 1.2 lakh in 2010 to 88,000 in 2017. AIDS-related deaths fell from 1.6 lakh to 69,000 in the same period

Changing your display name to Elon Musk will now get you locked out of Twitter

WORLD

Changing your display name to Elon Musk will now get you locked out of Twitter

Twitter has put the system in place to challenge the rising number of cryptocurrency scams going around the platform

Push for stricter law: Goa police wants 7-day jail without bail for drunk drivers

INDIA

Push for stricter law: Goa police wants 7-day jail without bail for drunk drivers

The Motor Vehicles (Amendment) Bill has been introduced in Rajya Sabha with certain changes to be included in the Motor Vehicles Act, 1988

'See single-digit returns from market by end of this year; Good time to look at midcaps'

BUSINESS

'See single-digit returns from market by end of this year; Good time to look at midcaps'

Ratnesh Kumar of BOB Capital said the valuation froth had been built up in the financial services space, which has cooled off a bit now.

Buy ITC, target Rs 312: Shitij Gandhi

BUSINESS

Buy ITC, target Rs 312: Shitij Gandhi

Traders can accumulate the stock in a range of Rs 283-286 for the upside target of Rs 312 levels and a stop loss below Rs 267.

The Rs 120-crore Zonda HP Barchetta: Meet the world's most expensive car

TECHNOLOGY

The Rs 120-crore Zonda HP Barchetta: Meet the world's most expensive car

The hypercar which debuted in the festival dethrones Rolls Royce Sweptail which was the most expensive car till now, priced at Rs 88 core or $12.8 million

Buy Apollo Tyres, says Shitij Gandhi

BUSINESS

Buy Apollo Tyres, says Shitij Gandhi

Traders can accumulate the stock in the range of Rs 270-275 for the upside target of Rs 300 and a stop loss below Rs 255.

Buy Exide Industries, target Rs 303: Shitij Gandhi

BUSINESS

Buy Exide Industries, target Rs 303: Shitij Gandhi

Traders can accumulate the stock in a range of Rs 270-273 for the target of Rs 303 and a stop loss below Rs 252.

Amazon, Flipkart to face off in this year's campus placements

BUSINESS

Amazon, Flipkart to face off in this year's campus placements

Many from the premier institutes anticipate both companies to come to their campuses, but believe Flipkart would be a better fit for their students this time around

Buy Suven Life Sciences, target Rs 268: Aditya Agarwala

BUSINESS

Buy Suven Life Sciences, target Rs 268: Aditya Agarwala

The stock may be bought in the range of Rs 237-240 for targets of Rs 265-285, keeping a stop loss below Rs 215.

Buy Ujjivan Financial Services with target of Rs 445-465: Aditya Agarwala

BUSINESS

Buy Ujjivan Financial Services with target of Rs 445-465: Aditya Agarwala

The stock may be bought in the range of Rs 390-394 for the target of Rs 445-465, keeping a stop loss below Rs 360.

Sri Adhikari Brothers, Nelco among 6 stocks that are under NSE's ASM mechanism from July 25

BUSINESS

Sri Adhikari Brothers, Nelco among 6 stocks that are under NSE's ASM mechanism from July 25

Stocks which are included in the ASM category include Lakshmi Precision, Sri Adhikari Brothers, Super Spinning Mills, 8K Miles Software, Nelco Ltd, and Soril Infra

Karur Vysya Bank Q1 profit falls 69% to Rs 46 cr on high provisions; NPA rises

BUSINESS

Karur Vysya Bank Q1 profit falls 69% to Rs 46 cr on high provisions; NPA rises

On the asset quality front, gross non-performing assets (NPA) as a percentage of gross advances increased to 7.44 percent in June quarter from 6.56 percent in previous quarter.

Cement stocks take a hit after NCLAT allows CCI’s Rs 6,300-crore penalty on 11 cos

BUSINESS

Cement stocks take a hit after NCLAT allows CCI’s Rs 6,300-crore penalty on 11 cos

The penalty was imposed was on the back of allegations of running a pricing cartel between the firms.

Cholamandalam Investment, Bajaj Finserv, Bajaj Finance to get astrological support: Satish Gupta

BUSINESS

Cholamandalam Investment, Bajaj Finserv, Bajaj Finance to get astrological support: Satish Gupta

Shriram Transport, Chola Investment, Bajaj Finance, Bajaj Finserv will get astrological support, says Satish Gupta of astrostocktips.

Karur Vysya Bank slips 3% post company reports 69% fall in Q1 net profit at Rs 45.9cr

BUSINESS

Karur Vysya Bank slips 3% post company reports 69% fall in Q1 net profit at Rs 45.9cr

The company’s gross NPA was up at 7.44 percent and net NPA was up at 4.50 percent, QoQ.

Maruti Suzuki to recall new Swift, Dzire models for possible faulty airbag controller unit

BUSINESS

Maruti Suzuki to recall new Swift, Dzire models for possible faulty airbag controller unit

The Delhi-based company will recall 1,279 vehicles (566 new Swift and 713 new Dzire) manufactured between May 7, 2018 and July 5, 2018

Maruti Suzuki falls over 1% after it announces recall of 1,200 new Swift, Dzire models

BUSINESS

Maruti Suzuki falls over 1% after it announces recall of 1,200 new Swift, Dzire models

1,279 vehicles (566 new Swift and 713 new Dzire) manufactured between May 7, 2018 and July 5, 2018 will be covered in this campaign, the company said in an exchange filing.

D-Street Buzz: Midcap, smallcap outperform; Symphony down 19%, PSU bank up

BUSINESS

D-Street Buzz: Midcap, smallcap outperform; Symphony down 19%, PSU bank up

Hindusthan Zinc, Vedanta, JSW Steel, Tata Steel and Hindalco are the top gainers in the metals.

News highlights: PM Modi arrives in South Africa ahead of BRICS summit

BUSINESS

News highlights: PM Modi arrives in South Africa ahead of BRICS summit

This blog will keep track of breaking news and important developments through the day.

HDFC AMC IPO opens: Here's what brokerages recommend

BUSINESS

HDFC AMC IPO opens: Here's what brokerages recommend

Some are saying it is a high conviction buy, some are saying it is a must in any portfolio while some are rating it as five out of five.

Borosil Glass Works hits 52-week high on better Q1 numbers

BUSINESS

Borosil Glass Works hits 52-week high on better Q1 numbers

Revenue also surged 44 percent to Rs 72.24 crore versus Rs 50.09 crore.

Symphony plummets 19% after Q1 net profit falls 49% to Rs 20 crore

BUSINESS

Symphony plummets 19% after Q1 net profit falls 49% to Rs 20 crore

Revenue of the company slipped 23.2 percent to Rs 146 crore versus Rs 190 crore.

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