Posts in category Economic Times
ICICI Securities initiates coverage on Bharti Hexacom, calls it the ‘little giant’ (23-05-2024)
The brokerage has set a target price of Rs 1,075 for the stock. Bharti Airtel continues to be its chosen pick. ICICI Securities has assigned a 15% premium to Bharti India’s valuations. It stands by its hypothesis of ‘small, but beautiful’ for BHL.
Jio Financial seeks shareholders approval for up to 49% foreign equity investments (23-05-2024)
Among the public shareholders, foreign investors own about 19% stake in the company and mutual funds are holding 4.74%, according to the latest shareholding data available with the exchanges.
In first 50 days of FY25, demand has increased by 13-14%: SN Goel, IEX (23-05-2024)
SN Goel discusses the positive factors for FY25, including high demand, improved coal supply, and lower prices. The market is expected to see growth driven by increased liquidity and policy initiatives. Goel further says , this year market share will be around 85% plus. And in the DAM and RTM market, they have about 99% plus market share.
Cube Highways announces Rs 3.94 per unit dividend for Q4 (23-05-2024)
Cube Highways Trust declared an annual distribution per unit (DPU) of Rs 10.09 for FY24, with plans to acquire seven road assets, including six based on NHAI's Hybrid Annuity Model for revenue stability.
ITC Q4 Results: Profit falls marginally to Rs 5,120 crore, misses estimates (23-05-2024)
ITC Q4 Results: Revenue from operations rose 2% year-on-year (YoY) to Rs 19,446 crore in the January-March 2024 period, compared with Rs 19,058 crore in the corresponding period of last year. The Board has also recommended a final dividend of Rs 7.50/share for the financial year ended March.
Why CVoter’s Yashwant Deshmukh says election not throwing up any red flags for market (23-05-2024)
Yashwant Deshmukh, Founder-Director of CVoter International, analyzes the turnout figures and discusses BJP's performance in the upcoming elections. He says there are no red flags for the market from the voter turnout in the later phases of the election. Deshmukh further points out that Opposition's problem is not the regional parties. They have been giving a very good contest to the BJP ; the problem is the performance of the Congress.
Lupin shares fall 4.61% as Nifty gains (23-05-2024)
A total of 106,734 shares changed hands on the counter till time (IST).
Max Healthcare shares down 2.71% as Nifty gains (23-05-2024)
A total of 73,823 shares changed hands on the counter till 01:59PM (IST).
Page Industries shares down 1.53% as Nifty gains (23-05-2024)
The stock quoted a 52-week high price of Rs 42850.0 and low of Rs 33100.0.
F&O stocks: Sun Pharma, Vedanta among 5 stocks with short buildup (23-05-2024)
In Thursday's trading, Vedanta, Sun Pharma, NMDC, MFSL, and Hindalco witnessed a build-up of fresh short positions, signaling potential downward movement in stock prices.