Minda Corporation’s share price has been on a strong uptrend over the last year. It hit its 52-week low of ₹277.45 on July 4 last year. Considering today’s high, the stock has gained over 74 per cent in about a year. On the valuation front, the stock’s current price-to-earnings ratio […]
This marks the index’s third consecutive day of hitting record high, with six new highs achieved in June alone and more potential in the nine remaining trading days of the month. In May, the index set new records four times. Throughout CY24, the index has set record highs 32 times. […]
India’s real estate market, buoyed by strong demand in FY24, is now bracing for potential dampeners. Rapid inventory depletion, particularly in the premium and luxury segments, helped these firms close FY24 with strong pre-sales or bookings, bolstering their confidence to implement price hikes. The average price of a housing unit […]
Stock Market Today: Vedanta Ltd share price has risen 76% year-to-date. The rising base metal prices as that of Aluminium Zinc and others have led to improved revenue visibility for the Vedanta Ltd. The Aluminium on the London metal Exchange that were close to $2150 a tone in mid January […]
Devina Mehra, the founder, chairperson, and managing director of First Global, believes several micro and smallcap stocks are at unreasonable valuations and cautions investors against them, especially those with a market cap below ₹5,000 crore. Mehra highlighted the risks associated with investing in microcap and smallcap stocks in an exclusive […]
One97 Communications share price, which is the parent company of fintech platform Paytm, witnessed a 3 per cent downfall during Tuesday’s trading session. This decline occurred amid ongoing discussions with food delivery giant Zomato regarding the potential sale of its movie ticketing business. During intraday trading on the NSE, Paytm […]
The Shivalic Power Control IPO has allocated 3,36,000 equity shares to the market maker portion, 18,28,800 equity shares to the anchor portion, 12,19,200 equity shares to the qualified institutional buyer, 21,33,600 equity shares to the retail portion, and 9,14,400 equity shares to the non-institutional segment. As per company’s red herring […]
The Nifty Midcap 50 outperformed the Nifty 50, closing 0.44% higher. Similarly, the Nifty Small Cap 100 also outperformed the Nifty 50, ending at 18043.6, up by 194.95 points or 1.08% higher. The Nifty 50 has provided the following returns: – In the last 1 week: 1.25% – In the […]
Steel demand in India is booming thanks to rapid economic growth and the government push on infrastructure spending. Yet, the Street does not seem excited about the prospects of JSW Steel, one of the largest domestic producers of the metal. So far this calendar year, JSW Steel shares have risen […]
Foreign investors have paused their relentless selling over the election outcome, turning net buyers of shares worth ₹11,730 crore last week (June 10-15), according to NSDL data. This shift marks a sharp contrast to the intense selling seen in the last couple of months. In April, foreign investors were net […]