MUMBAI : A key striking feature of Britannia Industries Ltd’s June quarter results is its high single-digit volume growth, estimated at 8% year-on-year, a multi-quarter high. However, pricing was weak, so revenue growth has lagged volume growth yet again. Britannia’s consolidated operating revenue increased by 4% year-on-year in the three […]
Multibagger stock: Power and Instrumentation (Gujarat) Ltd is one of the multibagger stocks that the Indian stock market has delivered in one year. This small-cap stock has risen from ₹41.60 to ₹121.90 apiece on the NSE, logging a nearly 200 percent rise. However, the multibagger stock still possesses some upside […]
RBI MPC meeting begins: Amid global market turmoil and growing calls for a significant rate cut by the Fed, the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) is currently convening to determine the policy rates and stance. RBI Governor Shaktikanta Das will announce the policy outcome on Thursday, […]
Stock Market Today: Benchmark indices Nifty-50 and S&P BSE Sensex may have rebounded more than 1% during intraday trades on Tuesday, the steep fall in the indices on Monday has led to rising concerns. The impact of global cues had led to sharp fall of more than 3% in the […]
Dhariwalcorp IPO allotment date today: Dhariwalcorp IPO share allotment will be finalised today (Tuesday, August 6). The investors who applied for the issue can check the Dhariwalcorp IPO allotment status on the registrar’s portal, which is Bigshare Services Pvt Ltd. Dhariwalcorp IPO subscription status on the third day of bidding […]
Bulkcorp International IPO listing: Broadly in sync with the trends observed in the grey market in the last couple of days, shares of Bulkcorp International made a healthy debut on the Indian stock market on Tuesday, August 6. Bulkcorp International share price was listed at a premium of 24 per […]
Akums Drugs share price made a lukewarm debut on the bourses today. On NSE and BSE, Akums Drugs share price today opened at ₹725 apiece, up 6.8% than the issue price of ₹679. Market experts anticipated Akums Drugs share price to open in the range of ₹780 to ₹800 apiece. […]
Ceigall India IPO Allotment: The initial public offering (IPO) of infrastructure construction company Ceigall India Ltd received strong demand and now the investors await the Ceigall India IPO allotment which is expected to be finalised today. Ceigall India IPO commenced for subscription on August 1 and concluded on August 5. […]
Asian markets traded higher on Tuesday, with Japan’s Nikkei recovering almost all the losses seen in the previous session, amid a fall in yen. Japan’s Nikkei 225 index and Topix rebounded more than 10%, the most since October 2008, after the yen slumped about 1% against the dollar. A weak […]
Although India has experienced smaller declines compared to some global markets, it remains a compelling destination for foreign investors due to its strong long-term structural prospects and transformational phase, said Taher Badshah, chief investment officer at Invesco Mutual Fund. This is not a bubble, but there are some sectors like […]