Market analysts remain cautious on Hyundai Motor India, recommending profit booking and re-entry at lower levels, citing market volatility and the company’s disappointing listing
Posts in category Business Standard
Union Bank of India Q2 PAT climbs 34% YoY to Rs 4,720-cr (22-10-2024)
Union Bank of India standalone net profit jumped 34.41% to Rs 4,719.74 crore on 13.27% increase in total income to Rs 32036.46 crore in Q2 FY25 over Q2 FY24.
Nifty slips below 24,750; Hyundai Motor IPO lists at discount (22-10-2024)
At 10:25 IST, the barometer index, the S&P BSE Sensex, declined 204.86 points or 0.25% to 80,948.71. The Nifty 50 index fell 71.40 points or 0.29% to 24,709.70.
Authum Investment & Infrastructure plunges 12% on weak Q2; profit drops 56% (22-10-2024)
Shares of Authum Investment & Infrastructure plunged 11.7 per cent at Rs 1,647.30 per share on the BSE in Monday’s intraday trade
City Union Bank zooms after Q2 PAT rises 2% YoY to Rs 285 cr (22-10-2024)
City Union Bank surged 11.74% to Rs 168.45 after the private sector bank’s net profit rose 1.62% to Rs 285.17 crore on 11.71% jumped in total income to Rs 1,660.26 crore in Q2 FY25 over Q2 FY24.
UltraTech Cement up 2% as co eyes 7-8% growth in future; brokerages vary (22-10-2024)
UltraTech Cement’s consolidated profit dropped 36 per cent year-on-year (Y-o-Y) to Rs 825 crore in the September quarter of FY25, from Rs 1,280 crore in the September quarter of FY24.
Hyundai Motor India makes muted debt (22-10-2024)
Shares of Hyundai Motor India were currently trading at Rs 1865.75 on the BSE, representing a discount of 4.81% over its issue price of Rs 1960.
Hyundai Motor India shares make poor start on bourses: List at 1% discount (22-10-2024)
On the National Stock Exchange (NSE), Hyundai Motor India listed at Rs1,934, reflecting a 1.32 per cent discount over its IPO price
Crude oil can hit low $60s by 2025-end despite geopolitical conflict (22-10-2024)
Oil price outlook: Given the low level of oil inventories, there could be a sustained geopolitical premium in crude price until the conflict is resolved in the short-term
Information Technology shares gain (22-10-2024)
Information Technology stocks were trading in the positive zone, with the BSE Information Technology index rising 188.42 points or 0.45% at 42021.67 at 09:47 IST.