Here is a quick look at some of the top buzzing stocks to watch in trade today – Lupin: Lupin Pharma’s wholly-owned subsidiary in Canada announced the launch of Propranolol LA (long-acting) capsules, 60 mg, 80 mg, 120 mg and 160 mg, in Canada. Propranolol LA is a generic equivalent of Inderal LA, it provides […]
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Trent: Aggressive retail expansion growth continues; healthy margin on indication of financial well-beingTrent: Aggressive retail expansion growth continues; healthy margin on indication of financial well-being
By I-Sec research TRENT has consistently delivered exceptional performance over the past eight consecutive quarters, achieving remarkable results across key metrics such as revenue, like-for-like (LFL) growth, retail expansion, and operating profit. Notably, the LFL growth rate of 12% is the highest in the apparel sector. The robust retail expansion, with a y-o-y growth rate […]
How Nawabs were knocked out! Key moments of LSG vs MI IPL eliminator – IN PICSHow Nawabs were knocked out! Key moments of LSG vs MI IPL eliminator – IN PICS
1/12 On Wednesday, Mumbai Indians defeated Lucknow Super Giants by a margin of 81 runs in the IPL Eliminator. Mumbai Indians chose to bat first and scored a total of 182 runs for the loss of 8 wickets. Cameron Green was the top scorer for Mumbai Indians, making 41 runs off 23 balls, followed by […]
JK Cement stock falls 6% on 30% fall in Q1 profit; should you buy, sell or hold JK Cement stock?JK Cement stock falls 6% on 30% fall in Q1 profit; should you buy, sell or hold JK Cement stock?
JK Cement stock price tanked 2% today to Rs 3,078.6 after the company’s consolidated net profit declined 29.5% on-year to Rs 114.7 crore. However, following the announcement of its first fiscal quarterly earnings, the scrip has tanked 6% to touch lows of Rs 3,060 apiece on Wednesday from Friday’s closing price, before the results were […]
Crude oil spike worries FMCG companiesCrude oil spike worries FMCG companies
Your favourite toothpaste or detergent bar could cost more if crude oil prices continue to rally the way they have in the past month. Crude has touched nearly $93 to a barrel, rising close to 8% in a month and 27% in three months, data from Bloomberg shows. This could become a point of concern, […]
Explainer: Sebi’s order on Brightcom – what really went wrong?Explainer: Sebi’s order on Brightcom – what really went wrong?
The Securities and Exchange Board of India’s (Sebi’s) interim order on Tuesday into Brightcom Group (BGL) financial jugglery seems to have put the group into troubled waters. A detailed probe into the firm’s preferential share allotment process resulted in top executives being barred from holding positions in any listed company. Further, the BGL stock hit […]
CIE Automotive India: Brokerage expects margin boost, check best price to buyCIE Automotive India: Brokerage expects margin boost, check best price to buy
The shares of CIE Automotive India surged 1.02% intraday on August 18, on the National Stock Exchange. The analysts at Geojit Financial Services have recommended a ‘Buy’ rating for the scrip, stating that the “current growth story in the domestic market and the focus on building the EV product portfolio and operational performance in the […]
EMS IPO to open on Sep 8; sets price band at Rs 200-211 per shareEMS IPO to open on Sep 8; sets price band at Rs 200-211 per share
Water and sewerage infra player EMS Ltd on Monday said it has fixed a price band of Rs 200-211 apiece for its Rs 321-crore initial public offering (IPO). The issue will open for public subscription during September 8-12 and the bidding for anchor investors will open on September 7, the company said in a statement. […]
HDFC Bank: Jefferies says recent revamp plans to support growth, see 33% upside and maintains ‘Buy’ at Rs 2030HDFC Bank: Jefferies says recent revamp plans to support growth, see 33% upside and maintains ‘Buy’ at Rs 2030
HDFC Bank is revamping some parts of its top management as the bank seeks to drive growth in mortgages, where Arvind Kapil will get exclusive charge and optimise branch ramp-up where responsibilities will be split geographically. IT and Digital also get a needed direct reporting to CEO. Ramp-up of deposits and housing book will be […]
Wall Street eyes higher open as Tesla rallies; inflation data in focusWall Street eyes higher open as Tesla rallies; inflation data in focus
Wall Street’s main indexes were set to open higher on Monday following gains in megacaps led by Tesla, while investors awaited inflation data due later this week for clues on the U.S. Federal Reserve’s interest-rate path.Tesla jumped 6% in premarket trading as Morgan Stanley upgraded the EV maker to “overweight” from “equal-weight” due to potential […]