With buy ratings, UBS Securities began covering the cable and wire businesses Polycab India and KEI Industries. In the upcoming year, the brokerage expects these stocks to rise by 26-31%. In FY24–FY30, the cable and wire segment is expected to increase at a rate twice as fast as the GDP due to factors such capacity […]
UBS Sec Begins Covering KEI Industries And Polycab Read More »
Genus Power Infrastructures’ stock rose to an all-time high as the maker of smart meters announced that orders totaling Rs 3,608.52 crore had been placed with its fully owned subsidiary. The multibagger stock was trading on the BSE on Wednesday at its record high of Rs 438.35, trapped in the upper 5% range from the
Genius Power Infrastructure Wins Orders Worth Rs 3,608 Crore Read More »
As investors turned their attention from fears of an impending economic slump to the Jackson Hole Economic Symposium next week, US markets closed higher on Friday, maintaining their largest weekly percentage gains of the year. The S&P 500 as well as the Nasdaq saw gains for the seventh straight day as equities recovered from two
As Recession Worries Fade, Wall Street Closes Out Its Greatest Week Of The Year Read More »
The former US president Donald Trump owns a majority stake in Trump networking & Technology Group, whose shares fell to all-time lows on Tuesday in response to his recent return to the competitor social networking platform X. The price of Trump Media’s shares fell by more than 4%, to a lower value of $21.33. The
Stocks Of Trump’s Media Company Fall To All-Time Lows Read More »
The price of Trump Media’s shares dropped to the lowest level since the merging of the social media company owned by Donald Trump over five months ago. The preferred social messaging app of the Republican former president, Truth Social, is owned by Trump Media, which saw its share price close more than 3.5% lower at
Trump Media Shares Continue To Decline As DJT Reaches A Post-Merger Low Read More »
On Tuesday, Ola Electric’s shares shocked investors by rising by an extra 8% and setting a new record of Rs 157.53 on the BSE (Bombay Stock Exchange). According to reports, a big deal involving 2.3 crore shares, or 0.5% of the company’s equity, took place during Tuesday’s trading session. The deal was valued at Rs
In an effort to collect about INR 34,000 million, Antfin Singapore Holding Pte. Ltd., a subsidiary of the Chinese corporation Alibaba Group, is expected to sell a 1.54% share in online meal delivery aggregator Zomato Limited through block agreements on August 20, 2024. Antfin Selling Zomato Shares The bankers Goldman Sachs and Morgan Stanley released
Alibaba Subsidiary Antfin To Sell 1.54% Stake In Zomato Read More »
JPMorgan analysts stated that despite a recent rally that saw Japanese markets recover the majority of their August losses, they were still overweight on the country’s stocks. Fund flow data also indicated some overseas purchasing. Nikkei 225 and TOPIX indices in Japan were trading at their highest points since August 1. Japan Stocks August Losses
Although Japan Stocks Recover Majority Of August Losses, JPM Stays Overweight Read More »
Technologies the subscription period for the Ideal Technoplast Industries IPO will begin on Wednesday, August 21, and end on Friday, August 23. The price range for the issue has been set at ₹121 per share. 1,000 shares make up the ideal Technoplast Industries IPO lot size. Established in 2012, Ideal Technoplast Industries Limited is a
Ideal Technoplast Industries IPO Date, Price, GMP Read More »
After the transaction, Antfin Singapore Holding, which formerly owned a 4.3% share in Zomato, would be subject to a 90-day lock-in period before it may further reduce its equity. On Tuesday, Zomato’s shares, valued at Rs 5,438.50 crore, were sold in a block deal that was later expanded. A report published by Moneycontrol states that
Zomato sees a block offer for 21 crore shares valued at Rs 5,438 crore Read More »
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