Banking stocks were trading with gains, with the BSE BANKEX index rising 158.27 points or 0.27% at 58542.68 at 09:47 IST.
Ideaforge Tech tumbles after recording net loss of Rs 14 cr in Q2 (29-10-2024)
Ideaforge Technology declined 7.10% to Rs 564 after the company reported net loss of Rs 13.72 crore in Q2 FY25 as compared with net profit of Rs 0.89 crore in Q2 FY24.
Bharti Airtel slips 3% as Q2 nos. miss street expectations; ARPU at Rs 233 (29-10-2024)
The drop in Bharti Airtel share price came after the company posted September quarter of financial year 2025 (Q2FY25) results, which fell short of Bloomberg estimates
Stock market update: Sugar stocks up as market falls (29-10-2024)
The 30-share BSE Sensex was down 383.41 points at 79621.63
Ultramarine & Pigments (29-10-2024)
The acquisition of Heubach by Sudarshan Chemicals should increase competition for Ultramarine’s pigment business. Sudarshan will try to fill up capacities to drive operating leverage. It might sell products at a more competitive price than Ultramarine.
Secondly, if Sudarshan is successful in utilising the customer base of Heubach, it will be able to penetrate deeper into pigment export markets at the cost of Ultramarine.
JSW Infra gains 7% after reporting highest-ever quarterly profit in Q2 (29-10-2024)
JSW Infrastructure reported consolidated net profit of Rs 37.2 crore in second quarter ended September 30, up by 46 per cent Y-o-Y
Buy DLF, target price Rs 988: Motilal Oswal Financial Services (29-10-2024)
Motilal Oswal Financial Services recommends buying DLF stock with a target price of Rs 988, up from the current Rs 825.25. DLF, a large-cap real estate company, reported a 26.07% income increase last quarter and a 47.71% increase from the same quarter last year. Promoters hold 74.08% stake in the company.
Whether Trump wins or Harris, India will face a number of tariff walls: Swaminathan Aiyar (29-10-2024)
Swaminathan Aiyar examines how a Trump victory might bring heavy tariffs and protectionism, impacting global trade and India. Regardless of who wins, the protectionist mood in the US could erect tariff walls against India. Despite this, the global and US economies have shown resilience, with both the dollar and rupee expected to perform well in 2025.
Waaree Energy – Solar lagao, Apni Bijli Swayam Banao – Atmanirbhar ban jao (29-10-2024)
Backward integration and full capacity utilisation will be key to track. If they crack these, it has great potential to be a multibagger IMHO.