HDFC Bank vs Axis Bank: Leading private lenders HDFC Bank and Axis Bank received bullish-to-neutral ratings from domestic brokerage firms after declaring their January-March quarter results for fiscal 2023-24 (Q4FY24). According to BSE data, HDFC Bank currently commands the top spot as India’s largest banking major by market cap, followed […]
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Mahindra & Mahindra (M&M) is now India’s second-largest automaker after overtaking Tata Motors in terms of market capitalisation (mcap) earlier today. M&M shares hit three per cent upper circuit at a fresh 52-week high on the robust momentum. With an mcap of ₹3,63,980.89 crore, M&M is now the second-most valuable […]
Over the past 11 years, investors have enjoyed an impressive return of 1430%. In April, Tata Communications reached a new pinnacle, surpassing the ₹2,000 mark for the first time, touching an all-time high of ₹2,084 per share. Also Read: TCPL to double capex this fiscal, expand into new categories The […]
Durlax Top Surface IPO: Durlax Top Surface Limited IPO price band has been set in the range of ₹65 to ₹68 per share of face value of ₹10 each. The SME (Small and Medium enterprises) will open for subscription for investors on Wednesday, 19 June 2024. Durlax Top Surface IPO […]
Meanwhile, over the span of 3 years, starting from June 2021 when it traded at ₹3.17, the stock has surged by an impressive 955 percent. However, the stock witnessed some correction in the last 1 year. Over the past year, it has fallen 37 percent, while the stock has lost […]
The Nifty Midcap 50 outperformed the Nifty 50, closing 0.94% higher. Similarly, the Nifty Small Cap 100 outperformed the Nifty 50, ending at 17908.1, up by 135.5 points or 0.76%. The Nifty 50 has provided the following returns: – In the last 1 week: 0.78% – In the last 1 […]
In its latest note, global brokerage house Jefferies highlighted that the Modi government’s renewed efforts to include natural gas under GST could benefit companies like Gujarat Gas Ltd, GAIL (India) Ltd, and Petronet LNG Ltd. The brokerage noted that among the 4 key states that could hold sway, 3 are […]
In the past eight trading sessions alone, the Nifty Realty index surged by 15%. Today, it reached a new peak of 1,134 points. Year-to-date, the index has already risen by 44%. Notably, all 10 constituents of the index have gained between 20% and 121% during this period. Also Read: Budget […]
Anand Rathi has assigned a ‘Buy’ rating on Rossari Biotech shares with a target price of ₹950 apiece, implying an upside potential of nearly 26% from its Thursday’s closing price. The specialty chemicals manufacturer Rossari Biotech is embarking on substantial ₹180 crore capex to yield an asset turnover of 4-5x […]
Modi 3.0: After the allocation of portfolios in the Modi cabinet, the Indian stock market has been on a bull trend as most of the frontline indices are either touching new highs or fast approaching record-high levels. According to stock market experts, the Indian stock market is heading for the […]