The 30-share BSE Sensex closed down 412.96 points at 59934.01
Posts in category Economic Times
Stock market update: FMCG stocks down as market falls (15-09-2022)
The 30-share BSE Sensex closed down 412.96 points at 59934.01
Stock market update: FMCG stocks down as market falls (15-09-2022)
The 30-share BSE Sensex closed down 412.96 points at 59934.01
Veranda Learning Solutions gets nod to raise Rs 300 crore (15-09-2022)
"Veranda Learning Solutions announced that the Board of Directors at its meeting held on September 14 has approved subject to the approval of shareholders a preferential issue to raise Rs 300 crore," said the statement."The fund-raising includes an investment of Rs 61.40 crore to be subscribed by the promoters in the form of convertible warrants," it said.
Veranda Learning Solutions gets nod to raise Rs 300 crore (15-09-2022)
"Veranda Learning Solutions announced that the Board of Directors at its meeting held on September 14 has approved subject to the approval of shareholders a preferential issue to raise Rs 300 crore," said the statement."The fund-raising includes an investment of Rs 61.40 crore to be subscribed by the promoters in the form of convertible warrants," it said.
Maruti Suzuki rallies 4% to hit 52-week high; BofA sees more upside (15-09-2022)
Foreign brokerage firm BofA maintained a ‘Buy’ rating on the scrip while it raised the target price to Rs 10,500. The target suggests a potential upside of over 14 per cent from current levels.As per BofA, Maruti is set to make a solid comeback. The research firm said the company’s new products and offerings, backed by new design and features, may do well.
Maruti Suzuki rallies 4% to hit 52-week high; BofA sees more upside (15-09-2022)
Foreign brokerage firm BofA maintained a ‘Buy’ rating on the scrip while it raised the target price to Rs 10,500. The target suggests a potential upside of over 14 per cent from current levels.As per BofA, Maruti is set to make a solid comeback. The research firm said the company’s new products and offerings, backed by new design and features, may do well.
Post IPO, Tamilnad Mercantile Bank to continue to focus on RAM segment: MD (15-09-2022)
“If you look into the nation as a whole, the CASA by and large comes from the eastern and north eastern part of the country. When we decide on the branch expansion, we will be factoring this as one of the key elements so that we can increase the CASA.”
Ethereum blockchain has completed major software upgrade, co-founder says (15-09-2022)
Under the change, Ethereum will move from a "proof of work" system, in which energy-hungry computers validate transactions by solving complex maths problems, to a "proof of stake" system, where individuals and companies act as validators, using their ether as collateral, to win newly created tokens.
Ceat hits 20% upper circuit as raw material prices soften (15-09-2022)
Ceat is looking to narrow the gap in Ebitda margin vs its peers over the next five years. The company aims to recover its Ebitda margin to at least 10-12 per cent vs 6 per cent in Q1FY23 and 7.6 per cent in FY22. The company is also looking to raise prices by 1-1.5 per cent in the next month.
Helios strategy: Not just going contra, being early helps make money in market (15-09-2022)
“It is not so much that you were going against consensus or being a contrarian, but that you were early and buying it in a smaller way, first maybe 2.5-3% and then buying a number of stocks, the hit rate is 35-40% but you do really well. Rest if you can do sort of breakeven relative to market when out of those 20 stocks, even seven, eight do very well you are set.”