Although the company’s results, which were released during Wednesday’s market hours, aligned with analysts’ estimates, the management sounded optimistic regarding demand in FY25, which boosted investor sentiment towards the stock. The company anticipates that FY25 will be a year of growth, primarily propelled by the defence business, the industrial casting […]
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Aadhar Housing Finance IPO, backed by private equity major Blackstone, received 1.48 times subscription on the second day of bidding on Thursday. The quota for non-institutional investors received 1.94 times subscription while retail investors category got subscribed 94%. The portion for Qualified Institutional Buyers fetched 2.05 times subscription. The Aadhar […]
Larsen and Toubro Ltd’s management has lowered its expectations for the ongoing financial year, a decision that hasn’t gone down well with investors. Earnings for the March quarter and the 2023-24 financial year did have their share of positives, but lower-than-anticipated FY25 margin forecast for the company’s core project and […]
Shares of gold financing companies – Muthoot Finance, and Manappuram Finance – were trading under pressure on Thursday after the Reserve Bank of India (RBI) sent the companies an advisory concerning cash disbursal of loans. The RBI has instructed Non-Banking Financial Companies (NBFCs) to strictly follow the provisions of the […]
Stock market today: Despite the overall weak trends on Dalal Street, shares of Star Housing Finance Ltd stood out with a strong buying interest during Thursday deals. Star Housing Finance share price today opened on a positive note at ₹54.90 apiece on BSE and quickly surged to an intraday high […]
Central Depository Services (India) Ltd (CDSL). The Target Price at RS 2554 by Yes Securities for CDSL share price trading at ₹2126 levels indicates around 21% upside for the CDSL share price CDSL’s growth as per Yes Securities is poised for resurgence, driven by the rebound in market linked revenue […]
Sula Vineyards, India’s largest wine producer, experienced a 5.60% decline in its shares, falling to ₹511.60 apiece during today’s trading session, as investors reacted negatively to the company’s performance in the March quarter. The decline in the stock price today has pushed it to trade near its lowest point in […]
Stock market today: The Indian stock market continues to remain under the sell-off heat for the fifth straight session on Thursday. The Nifty 50 index opened lower in the early morning session and touched an intraday low of 22,184, logging more than 450 points in the last five sessions. The […]
Gold And Silver Prices Today: Gold prices saw a slight decrease on Thursday.The cost of 24 carat gold is Rs.7329.3 per gm down by Rs.525.0.The cost of 22 carat gold is Rs.6713.6 per gm down by Rs.481.0. The price change in 24 carat gold in the last one week has […]
Breakout stocks today: Despite strong global cues, the Indian stock market remains in a sideways trend. The India VIX Index touched a new 52-week high of 18.32, signalling the current volatility to continue further during the Lok Sabha elections. The Nifty 50 index finished flat, while other frontline indices ended […]