BUSINESS
Trader's Mela 2023: Sentiment seen cautiously optimistic this week
Most traders pegged a resistance at 17,800 points followed by 18,000, but expect the upside to be gradual, filled with bouts of small corrections.
BUSINESS
Bajaj Electricals shares gain on bagging order worth Rs 564 crore
The company's engineering and procurement segment had an order book of approximately Rs 1,200 crore in Q3.
BUSINESS
Adani Green's operating renewable portfolio reaches 8,024 MW; stock in upper circuit
Adani Green's fourth wind-solar hybrid power plant, which has a generation capacity of 700 MW, got operational in Rajasthan's Jaisalmer, the company has said
BUSINESS
Contrarian calls | Profit-booking drags automobile firms but analysts bullish on sector
Withering sentiment among retail investors and FIIs moving to China added to the woes for Indian equities in February but analysts continue to be upbeat about some stocks, take a look
BUSINESS
Railway stocks surge on lowest bid for Vande Bharat trains
A consortium of Rail Vikas Nigam and Russia's CJSC Transmashholding emerged as the lowest bidder while Titagarh Wagons and Bharat Heavy Electricals placed the second lowest bid.
BUSINESS
ZEE breaks 6-day losing streak, surges 7%, as NSE issues fresh F&O contracts
Last week, the exchange had declared that it would not issue any new month futures and options (F&O) contracts once the contracts for February expired.
BUSINESS
Small pharma cos curtailing investments in the US, says Jefferies
Failure to capture market share, supply disruptions from non-compliance of current good manufacturing practices imposed by the US Food and Drugs Administration are some of the reasons triggering the move.
BUSINESS
Sanofi India shares clock biggest intraday gain in 7 months on robust bottomline
Elara Capital gave a Buy call for the stock as it sees an upside potential of 26%
BUSINESS
Is network expansion the booster dose diagnostic firms need?
Experts are bullish about the sector, and cite multiple tailwinds that would help drive growth, including increasing health awareness, potential industry consolidation, and more.
BUSINESS
ShareKhan has a 'neutral' stance on pharma companies; here's why
The brokerage firm has given 'buy' or 'hold' calls to 13 out of the total 16 companies in its pharmaceutical coverage
BUSINESS
SpiceJet shares inch higher ahead of Q3 earnings, board meet
Reports have suggested that Carlyle Aviation Partners, a leasing firm owned by global private equity giant Carlyle Group, may convert its rental dues into equity, obtaining a 5 percent stake in the low-cost carrier
BUSINESS
Price hikes are changing the game for diagnostic cos; here's how analysts see it
New-age entities are aggressively marketing low-price tests to attract attention but are also raising prices of select preventive packages as their focus shifts towards profitability.
BUSINESS
HG Infra gains on winning Rs 466-crore RVNL project
Brokerage firm ICICIdirect expects recent order inflows to improve the revenue visibility for HG Infra Engineering
BUSINESS
Easing margin pressures, uptick in US sales saving grace for pharma firms in Q3
Despite moderation in margin pressure, a rise in input costs for some medications can derail pharma sector's recovery, say analysts
BUSINESS
NMDC Steel shares hit 5% upper circuit for third straight session
NMDC Steel, which operates as a subsidiary of parent company NMDC, made its debut on the exchanges at Rs 30.25 after its demerger on February 20
BUSINESS
How have EPS estimates for Nifty 200 companies changed in Q3? Here are Ambit Capital's biggest movers
Among Nifty 200 companies, BPCL, Tata Motors, Oberoi Realty, ACC, and Dalmia Bharat attracted the biggest earnings-per-stock upgrades from Ambit Capital.
BUSINESS
Lumax Auto shares zoom on plans to acquire 75% stake in IAC International
Lumax Auto Technologies does not plan on buying the additional 25% stake in IAC International
BUSINESS
Our focus remains on driving organic growth, says Metropolis Healthcare's Ameera Shah
Metropolis Healthcare plans to add 90 new labs and 1,800 new collection centres by FY25
BUSINESS
Bharat Dynamics shares zoom on $255 million export order win
The company also signed ten Memorandum of Understandings with foreign and Indian companies at the Aero India 2023 event last week, fueling positive market sentiment around the stock.
BUSINESS
Shriram Finance gains as Morgan Stanley sees 28% upside potential
Morgan Stanley also upgraded its rating for the stock to 'overweight' to factor in its strong fundamentals and better-than-expected Q3 numbers
BUSINESS
Pennar Industries shares surge to 52-week high on orders worth Rs 851 crore
In the third quarter, the company's strong topline and operational performance lifted its consolidated net profit nearly twofold on year to Rs 21.12 crore
BUSINESS
BEML shares gain on multiple MoUs signed at Aero India 2023
BEML signed MoUs with companies such as Bharat Electronics, the Indian Navy, R&DEE - a DRDO (Defence Research and Development Organisation) organization for transfer of technology, and Hexagon Technologies
BUSINESS
Schaeffler India shares trade higher on upbeat Oct-Dec earnings
The company posted a strong beat on all three fronts - topline, net profit and EBIDTA margin
BUSINESS
Brokerages positive on Apollo Hospitals despite subdued Q3; here's why
Optimistic management commentary projecting a breakeven for Apollo HealthCo, improving and expansion plan have resonated well with brokerages
