Analysts believe, Indian textiles companies are likely to benefit from the Bangladesh turmoil, while that of FMCG and auto may take a hit. Here’s a technical outlook on key stocks from these sectors.
Posts in category Business Standard
FirstCry IPO opens today: 7 things to know before you bid for the issue (06-08-2024)
FirstCry IPO is available at a price band of Rs 440-465 per share with a lot size of 32 shares of the company
Volumes jump at K P R Mill Ltd counter (06-08-2024)
K P R Mill Ltd witnessed volume of 27341 shares by 10:46 IST on BSE, a 3.26 times surge over two-week average daily volume of 8385 shares
Bharti Hexacom Q1 PAT soars YoY to Rs 511 cr in FY25 (06-08-2024)
Bharti Hexacom’s standalone net profit surged to Rs 511.2 crore during the quarter as compared with Rs 253.2 crore in Q1 FY24.
Confidence Petroleum commissions 13 more Auto LPG Dispensing Stations (06-08-2024)
The company said, “The company is ambitiously targeting the completion of (100) hundred Auto LPG stations by the end of the fiscal year 2024-2025. We are thrilled to announce that (26) twenty six stations
are already up and running, marking a strong start towards this goal.”
Government of India has announced the sale (re-issue) of two dated securities for a notified amount of Rs 31,000 crore (06-08-2024)
The Government of India (GoI) has announced the sale (issue/ re-issue) of (i) 7.10% GS 2034 for a notified amount of Rs 20,000 crore and (ii) 7.34% GS 2064 for a notified amount of Rs 11,000 crore. The auction will be conducted using multiple price method. Both competitive and non-competitive bids for the auction should be submitted in electronic format on the Reserve Bank of India Core Banking Solution (E-Kuber) system on August 09, 2024 (Friday). GoI will have the option to retain additional subscription up to ₹2,000 crore against each security.
More regulation needed to curb retail speculation in F&O: Amisha Vora (06-08-2024)
Sebi’s proposed changes will significantly impact discount brokers, whose business relies heavily on retail F&O trades, Vora said in this interview
AXISCADES Technologies consolidated net profit rises 204.28% in the June 2024 quarter (06-08-2024)
Sales rise 4.50% to Rs 223.26 crore
Aftershocks of carry trade at core of market rout could still have effects (06-08-2024)
The massive selloffs had come after a higher-than-expected US unemployment rate on Friday sparked worries
Patel Engineering stock price zooms 7% as JV bags project worth Rs 318 cr (06-08-2024)
The uptick in the share price came after Patel Engineering announced that the Office of the Executive Engineer, Govt Maharashtra has awarded the company, along with its JV, a Rs 317.60 crore contract.