Following news of five major block deals totaling ₹3,585 crore on August 22, shares of Kalyan Jewelers India, which is one of India’s leading jewelry companies, jumped by 8.3% in early morning trade, reaching ₹589.45 per share. A 6.4% shareholding in the jewelry company, or about 6.6 crore shares, were reportedly exchanged today at ₹539 […]
The multiplex network PVR Inox said on Thursday that Ajay Kumar Bijli, the company’s promoter, had reduced his ownership position. The price of PVR Inox shares went up slightly following the announcement. The company said in a regulatory filing that the promoters, which include Ajay Bijli, sold 3.25 lakh PVR Inox shares in total through
Following the announcement that the financial behemoth would sell its tickets and entertainment division to food delivery service Zomato for ₹2,048 crore, Paytm’s share price surged by more than 5%. Zomato shares increased by 2.71% to trade at ₹267.00 on the BSE, while Paytm shares surged by up to 5.47% to ₹604.45. The parent company
Zomato Rises 2% While Paytm’s Share Price Soars Over 5% On Ticketing Business Deal Read More »
The share price of Shyam Metalics and Energy experienced a 10% increase, hitting a 52-week high, after the international brokerage UBS began covering the company. Citing the company’s strong growth and transformation journey, UBS assigned a Buy rating, with a target price of ₹1,200 per share, indicating a potential 43% upside. On Thursday, the share
A few stocks, including Hindustan Aeronautics Ltd (HAL), KPI Green Energy Ltd, Snowman Logistics Ltd, Engineers India Ltd, and Pfizer Ltd., would go ex-dividend on Wednesday, August 21. Among the others were Bharat Bijlee Ltd., Credo Brands Marketing Ltd., ISGEC Heavy Engineering Ltd., Gateway Distriparks Ltd., and Symphony Ltd. For HAL, the ex-dividend date is
Following an eight-day winning streak ending with a little decline in the US benchmark, shares dipped in South Korea, Japan, and Australia. Following Tuesday’s 4.1% loss in the Nasdaq Golden Dragon China Index, Chinese shares could see a decline.Walmart Inc. is looking to sell its interest in JD.com Inc., a Chinese e-commerce company, in order
Asian equities decline as the US rise pauses Read More »
Indian benchmark indices settled with decent gains during the trading session Tuesday on the back of positive global cues, triggered by the potential ceasefire between Israel and Hamas and hopes of rate cuts in the near term. BSE Sensex surged 378.18, or 0.47 per cent, to end the day at 80,802.86. NSE’s Nifty50 rallied 126.20
Axis Bank, Bajaj Auto, UTI AMC: Trading strategies for these 3 buzzing stocks Read More »
According to S&P Global Ratings’ notice, the company has also been taken off of the “CreditWatch with positive implications” where it was listed on June 13, 2024. The ratings improvement that is currently in effect is expected to be “positive.” The potential for “extraordinary support” for Tata Power from parent company Tata Sons, which is
S&P Global raised the Tata Group company’s credit grade for four reasons Read More »
US equities dropped on Thursday following indications in the Federal Reserve’s (FED) minutes that interest rate reductions would soon start. US business activity reached a low point for the fourth month. The S&P 500 sank 0.63 percent to 5,585 points, the Nasdaq Composite slid 1.13 percent to 17,716 points, and the Dow Jones Industrial Average
Focus is on Jackson Hole, Fed minutes, and mixed US stocks Read More »
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 »
We strongly advise against making investment decisions based solely on the target prices mentioned on this website. These target prices are merely predictions, and investing in the stock market inherently involves risk. The information provided on this site is intended for informational and educational purposes only and should not be considered financial advice or recommendations for any stock.