Shares of media majors Network 18 Media and Investments and TV18 Broadcast soared up to over 9 per cent in intraday trade on Tuesday on the NSE
Mphasis shares up 0.92% as Nifty drops (15-10-2024)
A total of 2,430 shares changed hands on the counter till 10:24AM (IST).
Stock market update: Sugar stocks down as market falls (15-10-2024)
The 30-share BSE Sensex was down 180.27 points at 81792.78
Don’t expect sharply higher crude prices any time soon: Geoff Dennis (15-10-2024)
An increase in oil prices to mid-80s or 90s would harm India’s economy short-term. However, without major disruptions in the Middle East, prices are expected to stay below $80, which is manageable. Current global economic conditions, with weak Chinese and European economies, suggest stable oil prices beneficial for India’s growth.
REC shares up 0.76% as Sensex falls (15-10-2024)
A total of 71,151 shares changed hands on the counter till 10:19AM (IST)
TD Power Systems bags two export orders of Rs 142 cr (15-10-2024)
All the generators are for the export markets and will be partly delivered during this financial year and partly delivered next year. The company expects further orders in this segment over the next few quarters. These orders reflect the company’s strengthening position in the international
markets and higher acceptance of its products for critical applications.
Varun beverages fast growth duopoly business (15-10-2024)
Thnaks for sharing the article. Many things in the article are very educative, but comparing with Turkey companies valuations may not be appropriate. Turkey’s economic woes coupled with astonishing retail inflaton is well known. More over India’s untapped market with growing econmy plus income levels is destined to give better CAGR for the company. Also Varun beverages ventured into snack/chips, fruit juices. Having said all this what is the right PE that Vrun deserves…I am not sure.
Disclosure: Invested hence views are biased.
Stock market update: Nifty Realty index falls 0.35% in a weak market (15-10-2024)
The Nifty Realty index was trading 0.35 per cent down at 1053.7.
Cyient announces strategic partnership with Business Finland (15-10-2024)
Business Finland and Cyient have entered into a memorandum of understanding (MoU) to collaborate in advancing technology innovation. This strategic partnership aims to foster joint initiatives focused on cutting-edge technologies, including 5G, AI, sustainability solutions, space technology, and robotics. The MoU aims to facilitate cooperation opportunities between Cyient and Business Finland.