Vodafone Idea’s shares surged 18% after the Indian government waived bank guarantees for past spectrum purchases. This move significantly benefits Vi, which faced a Rs 24,700 crore bank guarantee burden. While Airtel and Jio also benefit, their obligations are considerably smaller. Vi’s financial struggles prompted the waiver request, aiming to improve its credit access.
Posts in category All News
Buy ICICI Bank., target price Rs 1,500: Axis Securities (26-11-2024)
Axis Securities has issued a buy call for the ICICI Bank stock, projecting a target price of Rs 1500. Their rationale cites the bank’s strong Q2 earnings, with total income up nearly 28% year-over-year, and anticipates continued growth driven by its robust business performance, fee income, and excellent asset quality.
No celebration would be complete till LS, RS don’t discuss, debate, dissect: Congress’ Manish Tewari on Constitution Day (26-11-2024)
Congress MP Manish Tewari urged Parliament to discuss the Indian Constitution’s successes and failures as the nation commemorates its 75th adoption anniversary. He emphasized the founding fathers’ meticulous three-year effort in crafting this crucial document. A year-long campaign, ‘Hamara Samvidhan, Hamara Swabhiman,’ is underway to celebrate the Constitution and highlight B.R. Ambedkar’s contributions.
Shakti Pumps allots 10.01 cr equity shares under bonus issue (26-11-2024)
Consequent to the aforesaid allotment, the paid-up equity share capital of the Company stands increased to Rs. 120,21,06,000 divided into 12,02,10,600 equity shares of Rs. 10/- each.
Midcap Momentum Portfolio (26-11-2024)
@gautamashukla I have two other threads on Microcap Momentum and Smallcap Momentum running in this forum. If you read the initial messages you will get an idea on how the pf is created.
We always start with an equi-weighted portfolio. We allow the winners to run and the ones exiting to leave as soon as possible. The exit rules are clearly defined and it is purely based on ranking.
As regards your specific question of investment, I suggest you consult a Financial advisor who might be able to guide you better.
BHEL, Hitachi Energy rise up to 9% after securing Khavda Nagpur project (26-11-2024)
While Hitachi Energy did not specify the time period of the order in the filing, BHEL said that the order has to be completed by 2029
C2C Advanced listing postponed pending independent auditor’s report (26-11-2024)
The IPO is supposed to close today, with nearly 4 lakh retail investors making a beeline
F&O Radar: Deploy Bull Call Spread in Divis Lab from potential bullish reversal (26-11-2024)
Divis Laboratories is nearing a breakout level of Rs 6,145, supported by strong volumes and positive divergence. A bullish trend is indicated, with upside targets of Rs 6,500-6,600.