Maharashtra Scooters up 8% as it deemed fit for special-call auctions (18-10-2024)
Maharashtra Scooters has at least 90 per cent of its assets invested in Bajaj group companies
Airtel expands network capacity in UP West and Uttarakhand, shares trade flat (18-10-2024)
Expansion follows Airtel’s acquisition of 97 MHz of spectrum in the recent spectrum auction
Wipro jumps on declaring 1:1 bonus issue (18-10-2024)
Wipro gained 4.05% to Rs 550.20 after the IT major recorded decent earnings for the second quarter of FY25 and announced a 1:1 bonus issue.
Max Healthcare shares down 0.17% as Nifty gains (18-10-2024)
The stock quoted a 52-week high price of Rs 1117.05 and low of Rs 538.95.
Zydus Life gets final approval from USFDA for Fludrocortisone Acetate tab (18-10-2024)
Zydus Lifesciences announced that it has received final approval from the United States Food and Drug Administration (USFDA) to manufacture Fludrocortisone Acetate tablets USP, 0.1 mg.
Maintaining a target of 27,500 for Nifty, 15-16% CAGR earnings growth for next 2 years: Pankaj Pandey (18-10-2024)
Pankaj Pandey of ICICIdirect notes Nifty’s expected growth amid market corrections, projecting 15-16% CAGR in earnings. Despite a soft first half and mixed sector performance, optimism remains for the second half. IT sectors show no fireworks, with auto companies facing valuation challenges. Hyundai IPO’s lukewarm reception is attributed to high valuation and a large offering size.
DLF rises 1.39% as Sensex climbs (18-10-2024)
The stock traded at a P/E multiple of 75.91, while the price-to-book value ratio stood at 5.64.
Polycab India shares tumble 3.3% after reporting record Q2 revenue (18-10-2024)
Polycab India reported a 30 per cent year-on-year increase in revenue to ₹5,498.4 crore for the second quarter ended September 30, 2024