At 10:30 IST, the barometer index, the S&P BSE Sensex jumped 786.95 points or 0.99% to 80,189.24. The Nifty 50 index added 187.55 points or 0.78% to 24,368.35.
Brokerage firms boost Bandhan Bank ratings amid strong Q2 performance (28-10-2024)
Jefferies and Kotak Institutional Equities issued “Buy” ratings, while Nomura upgraded to “Neutral,” reflecting a strong outlook amidst steady loan growth and resilient asset quality
Stock market update: Sugar stocks up as market rises (28-10-2024)
The 30-share BSE Sensex was up 746.05 points at 80148.34
Waaree Energies shares fall 10% post listing: Should you buy, sell or hold? (28-10-2024)
The stock opened at Rs 2,550 on the BSE, reflecting a 69.66 per cent premium over its IPO allotment price of Rs 1,503, while on the NSE, it debuted at Rs 2,500, showing a 66.33 per cent premium
HSBC cuts Ola’s target price to Rs 110, sees slower e2W penetration, service issues (28-10-2024)
HSBC lowered Ola Electric’s target price to Rs 110, citing slower e2W penetration and service issues, yet maintains a ‘buy’ rating due to potential in EV growth and battery technology.
SMC -Global Securities Ltd. — Moneywise Long Term (28-10-2024)
How is Mudit Goyal related to SMC Global? I can’t find any link.
Action construction equipment ltd (28-10-2024)
It had a huge retail holding in last few qtrs. They are selling in Panic now due to overall mkt corrections and sentiment. No as such change in company work. Prolonged monsoon this time might weigh on this qtrs result but provdes an opportunity if you are a long term India growth. We need huge Infra to be developed if we are ever to get out of our economic conditions.
Also the stock is little expensive but it’s the Mkt leader in its segment
Veranda IAS partners with Chennai’s M.O.P. Vaishnav for Governance Diploma (28-10-2024)
The six-month diploma program, set to commence in 2025, will run concurrent with undergraduate studies and includes 200 hours of classroom training plus 40 hours of internship and fieldwork
Syrma SGS an Export Substitution opportunity in EMS sector (28-10-2024)
Handsome set of Q2 numbers. Sales rose by 17% while profits went up 27% YoY. The biggest takeaway is the bump in the profit margins which doubled from 4% to 8% since last quarter. Patience will be rewarded, not sarcasm!
Vedanta stock price 2.21 per cent as Sensex (28-10-2024)
As of 30-Sep-2024, promoters held 0.0 per cent stake in the company, while FIIs held 11.45 per cent and domestic institutional investors had 7.62 per cent.