Posts in category All News
Jubilant Food stock price down 2.9 per cent as Sensex climbs (18-07-2024)
As of 30-Jun-2024, promoters held 41.94 per cent stake in the company, while FIIs held 20.39 per cent and domestic institutional investors had 24.39 per cent.
Aadhar Housing shares rally nearly 6% as Nomura initiates coverage, sees an upside potential of 15% (18-07-2024)
Aadhar Housing Finance shares surged nearly 6% following Nomura's Rs 550 target price. It trades at 2.4x-3.4x FY26E P/B, covering 20 states/UTs with a focus on self-employed and home loans. As the top Affordable housing financier per Nomura, its shares increased by 52% since IPO, indicating robust asset quality.
Indices trade flat; IT shares advance (18-07-2024)
At 12:30 IST, the barometer index, the S&P BSE Sensex, was up 85.17 points or 0.11% to 80,801.69. The Nifty 50 index rose 2.60 points or 0.01% to 24,615.60.
Akhilesh Yadav gives open ‘monsoon offer’ to Keshav Prasad Maurya: ‘Bring hundred, form the govt’ (18-07-2024)
Amid BJP's internal rift, Akhilesh Yadav of Samajwadi Party offers a "monsoon deal" to UP's Deputy CM Keshav Maurya, suggesting SP's support if he brings 100 MLAs. This follows BJP's poor 2024 Lok Sabha results in UP, highlighting internal discord between CM Yogi Adityanath and Maurya. Yadav criticizes BJP's governance focus, indicating ongoing power struggles within the party amidst electoral setbacks.
Akhilesh Yadav gives open ‘monsoon offer’ to Keshav Prasad Maurya: ‘Bring hundred, form the govt’ (18-07-2024)
Amid BJP's internal rift, Akhilesh Yadav of Samajwadi Party offers a "monsoon deal" to UP's Deputy CM Keshav Maurya, suggesting SP's support if he brings 100 MLAs. This follows BJP's poor 2024 Lok Sabha results in UP, highlighting internal discord between CM Yogi Adityanath and Maurya. Yadav criticizes BJP's governance focus, indicating ongoing power struggles within the party amidst electoral setbacks.
US markets mixed, DOW hits fresh high while NASDAQ plummets (18-07-2024)
The US markets saw a mixed outing yesterday though the DOW stayed supported. The sentiments were driven by geopolitical concerns with the broad focus being on the tech counters. The Nasdaq Composite suffered its worst session since December 2022, losing around 3%, as semiconductors came under pressure amid reports of tougher trade restrictions. Chip stocks plummeted amid potentially tighter restrictions on US exports to China and escalating geopolitical tensions.
Good monsoons, stable credit quality to help in improving our performance: Sudipta Roy, L&T Finance (18-07-2024)
Till July right now, the trajectory of the monsoon has been reasonably satisfactory, though there are certain parts of the country, especially the eastern part of the country which is yet to receive its fair share of rainfall.
EFC – Entrepreneurial Facilitation Centre (18-07-2024)
I have a question regarding acquisition of EFC(I). company could have bring a ipo directly by name of EFC Ltd . Why they acquire Amani Trading and Exports Limited and then change the name to EFC(I)?
BASF to sell its flocculants business for mining applications to Solenis (18-07-2024)
In India, the flocculants business for mining applications, forms part of the Performance Chemicals Division of Industrial Solutions Segment of BASF India. The flocculants business generated net sales of approx. Rs. 27.7 crore representing 0.20 % of the total sales for the financial year ended 31 March 2024.
Sahaj Solar’s soaring GMP indicates maximum listing gain on NSE SME platform (18-07-2024)
Sahaj Solar's IPO showcases a GMP of Rs 250, achieving a potential 90% gain as noted by Amit Goel. The Rs 52 crore SME IPO comprises 29.2 lakh shares, supporting working capital. Sahaj excels in PV modules, solar pumps, and EPC services with over a decade of expertise. India's solar capacity hit 63.