Container Corp is another key stock in focus. Jefferies has raised the price target for the stock to Rs 825 and sees upside potential of 18%. They believe Concor will maintain its profitability and market share position and regain lost market share as its dedicated freight network presence pays off. Road to rail cargo shift […]
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In pics: Here’s how devotees celebrate Maha Shivratri across the countryIn pics: Here’s how devotees celebrate Maha Shivratri across the country
1/7 On Saturday, the Maha Shivratri festival was celebrated with traditional zeal and fervour in different parts of India. A large number of devotees thronged Hindu temples (dedicated to Lord Shiva) to take part in special rituals. Long queues were spotted since early morning.Unlike last year, there was no restriction this year. As a result, […]
NSE Bulk Deals, August 14: Debock Industries, Drone Destination, other major deals took place on MondayNSE Bulk Deals, August 14: Debock Industries, Drone Destination, other major deals took place on Monday
On Monday, domestic indices ended in the green. The NSE Nifty 50 gained 6.25 points or 0.03% to 19,434.55 and BSE Sensex rose 79.27 points or 0.12% to 65,401.92. Among the broader indices, the Nifty 100 fell 0.15%, Nifty Next 50 sank 1.25% and the Nifty 200 plunged 0.15%, while Nifty Midcap 50 gained 0.05%. […]
Nifty to gradually head towards 19700, Bank Nifty may consolidate; RIL, Tata Motors among preferred stocksNifty to gradually head towards 19700, Bank Nifty may consolidate; RIL, Tata Motors among preferred stocks
By Dharmesh Shah The equity benchmark extended gains and clocked a fresh all time high backed by strong FII’s inflow. As a result, Nifty settled the previous week at 19332, up 0.7%. The broader market relatively outperformed the benchmark as Nifty midcap, small cap gained 0.9% and 2.5%, respectively. Sectorally, PSU Banks, Oil & Gas, […]
Aeroflex Industries IPO Listing: Shares have bumper debut on bourses, list at 83% premiumAeroflex Industries IPO Listing: Shares have bumper debut on bourses, list at 83% premium
Aeroflex Industries IPO: Aeroflex Industries shares listed at 83% premium over IPO price on NSE and BSE amid flat domestic market. The share debuted at Rs 197.40 on the BSE, as compared to the issue price of Rs 108. Aeroflex Industries shares’ grey market premium gained 66% on Thursday, commanding a premium of Rs 71 […]
Uttarakhand CM inaugurates Netaji Subhash Chandra Bose Hostel in Kalugarh; announces educational upgradesUttarakhand CM inaugurates Netaji Subhash Chandra Bose Hostel in Kalugarh; announces educational upgrades
Pushkar Singh Dhami, chief minister of Uttarakhand, inaugurated the Netaji Subhash Chandra Bose Residential Hostel in Kaulagarh on Monday. The construction of this building amounted to approximately Rs 4.9 crore. During the inauguration, the chief minister, who had previously directed the Education Department officials to enhance the quality of resources for hostel children, assessed the […]
Stocks To Watch: Adani Power, Religare Enterprises, Paytm, Vodafone Idea, Lupin, Alembic Pharma, CiplaStocks To Watch: Adani Power, Religare Enterprises, Paytm, Vodafone Idea, Lupin, Alembic Pharma, Cipla
Stocks in focus: The GIFT Nifty was flat during Thursday’s early trading session, indicating a tepid opening for domestic indices NSE Nifty 50 and BSE Sensex. After trading in the red for most of Wednesday’s session, Nifty pared its losses to close 0.16% in the green at 19,465. From its intraday lows, Sensex gained over […]
Antfin may sell 3.6% in Paytm through a block dealAntfin may sell 3.6% in Paytm through a block deal
Promoter Antfin (Netherlands) Holding BV is likely to sell a 3.6% stake or nearly 23 million shares in One97 Communications, the parent company of Paytm, through a block deal on Friday, according to media reports. The transaction will be done at Rs 880.1 per share, or at a 2.7% discount to the last closing price. […]
Nifty Auto touches fresh lifetime high on favourable August auto salesNifty Auto touches fresh lifetime high on favourable August auto sales
Nifty Auto touched a fresh lifetime high as the street factored in August’s favourable auto sales numbers that came in better than expected. New passenger vehicle sales touched an all-time high at 360,897 units on the back of robust demand in the market for newer models in the aspirational utility segments of Maruti Suzuki, MG […]
Eicher Motors: Jefferies sees 22% upside potential; retains Buy with target at Rs 4150Eicher Motors: Jefferies sees 22% upside potential; retains Buy with target at Rs 4150
Jefferies has retained a ‘Buy’ rating for Eicher Motors with a revised price target of Rs 4,150. This revised target sees a 22% upside target. The share price of Eicher Motors soared nearly 4% intra-day following this upside revision. “We believe time is ripe to buy EIM given alleviating competitive concerns, along with tailwinds of […]