BUSINESS
Weekly Tactical Pick: Heidelberg Cement India
The worst may be over for Heidelberg Cement India: stock presents decent risk-reward ratio
TRENDS
Bappi Lahiri cremated in Mumbai, hundreds pay respects to the 'Disco King'
Bappi Lahiri's death comes close on the heels of ‘Nightingale of India’ Lata Mangeshkar who died of Covid-related complications on February 6 at the age of 92.
BUSINESS
Weekly Tactical Pick – UTI Asset Management
The dip in the valuation of UTI AMC is in sharp contrast to its improving market share, strong operating performance and favourable industry trends
MARKETS
Bond yields decline 8 basis points as RBI stand looks more dovish than expected
The 10 year bond yield fell 8 basis points to 6.72% from its previous close of 6.80%. Bond yield moves in opposite directions.
BUSINESS
Indiabulls Housing Finance net profit down 8% in December quarter
The company reported a consolidated profit of Rs 302.97 crore in the quarter, down from Rs 329.32 crore a year ago.
BUSINESS
Adani Wilmar surges 38% in two sessions on higher volumes
During the day, the stock surged as much as 18.7 percent to hit a fresh high of Rs314.85 a share on BSE. At 10.22am, the scrip was trading at Rs 314, up 18.4% from its previous close
BUSINESS
Rahul Guha named MD and CEO of Thyrocare Technologies
Guha, an IIM-B graduate, will join API Group to head its diagnostics operations.
BUSINESS
LIC’s ownership of shares in listed companies drops to fresh low: Report
The equity holdings of all insurance companies declined to a six-year low. LIC still commands the lion’s share of investments in equities among insurance companies.
IPO
Paytm stock volatile as brokerages mixed on results
Paytm stock at 10.20 am was trading at Rs 969 on BSE, up 1.7% from its previous close. The stock hit a high and a low of Rs 984 and Rs 898 respectively.
BUSINESS
Bank of Baroda surges 7% on lower provisions, improving asset quality
The stock touched a high of Rs 114 on BSE and gained as much as 6.94%. At 9.50am, the scrip was trading at Rs 113, up 6.5% from previous close.
BUSINESS
IndiGo shares gain 3% after posting surprise profit
IndiGo's yields grew 19.2 percent to Rs 4.41 per kilometre at the end of December. Passenger load factor rose to 79.7 percent from 72 percent a year ago
BUSINESS
IndiGo Q3 results | Firm posts profit of Rs 130 crore after reporting losses for 7 quarters
Net revenue increased 89 percent to Rs 9,294.77 crore from Rs 4,909.98 crore a year ago.
BUSINESS
Sharda Cropchem surges over 100% in seven weeks
The stock, which has risen 116% since 21 December, has traded higher for eight out of the last nine sessions.
BUSINESS
Union Budget 2022 | Market gains over 1.4%. What drives the rally after FM speech?
Union Budget 2022: Analysts expect the budget captures the vision to accelerate growth in key sectors such as health, education, infrastructure, transportation, defence, clean tech and EV, and will enhance ‘ease of doing business’
BUSINESS
Paytm may report 70% growth in revenue: Goldman Sachs
Paytm stock is currently down 57% from its issue price of Rs 2,150. It will announce December quarter earnings on February 4.
BUSINESS
MMTC, Tata Steel Long Products surge as government okays stake sale in Neelachal Ispat Nigam
At 3pm, MMTC stock was trading at Rs 63 on BSE, up 12% from its previous close, while Tata Steel Long Products gained 7% to Rs 772.
BUSINESS
Sun Pharma Q3 profit rises 11% on year to Rs 2,058.80 crore
Operating EBITDA margin declined sharply to 17.12% in the quarter from 20.43% a quarter ago and 20.97% a year ago.
BUSINESS
Here's a look at how markets have been reacting to budget presentations over the years
Domestic stock markets have witnessed high volatility during most budget announcements in the last 14 years, falling on six occasions and rising on eight
BUSINESS
UPL net profit rises 25% in December quarter on surge in sales volume
Revenue from operations was 23.79 per cent higher in the quarter at Rs 11,297 crore compared to Rs 9,126 crore in the same period of 2020-21
BUSINESS
Sun Pharma Q3 Preview: Consolidated PAT to gain 10% YoY while revenue to rise 11%
Net sales for the quarter likely to rise 11.5 percent year-on-year growth to Rs 9853 crore for the December quarter
BUSINESS
MapmyIndia share prices falls over 11% after poor December quarter numbers
CE Info Systems reported a consolidated profit of Rs 18.52 crore, down 14 percent from a year-ago period
BUSINESS
Weekly Tactical Pick: HCL Tech
Correction an opportunity to accumulate HCL Tech, the cheapest large-cap IT stock
BUSINESS
AGS Transact Technologies IPO share allotment likely today: Check your application status
The shares of AGS Transact will start trading on both BSE and NSE from February 1.
BUSINESS
Rajiv Mehrishi appointed Chairman of NSE IFSC
Mehrishi, a retired Indian administrative service officer, was the 13th Comptroller and Auditor General Of India.
