Synopsis: Leading brokerage house, DAM Capital, expects an upside of 26 percent and 24 percent, respectively, in Swiggy and Zomato citing its matured phase, margin expansion, low capex, and an improved working capital efficiency. Shares of these leading e-commerce...
Synopsis: HAL received a Rs. 62,000 crore order for 97 LCA Mark 1A fighter jets, strengthening its order book and boosting India’s indigenous defense manufacturing. The shares of India’s leading aircraft and helicopter manufacturer are in the spotlight after...
Synopsis: Reliance Industries shares are in focus as CITI and Jefferies expect the stock to rise by another 22% and 21% respectively, citing strong growth prospects, recent foray into the healthy beverages segment, efficient cash flows from Jio, and more. The shares...
Synopsis:Reliance Consumer Products ltd partners with Naturedge to expand herbal and healthy beverages, taking Shunya to consumers across India. A major FMCG company has entered the healthy drink market by acquiring a majority stake in a joint venture with an...
Synopsis: India’s festive season is around the corner, in which major companies like Hero MotoCorp, Havells, Kalyan Jewellers, Bajaj Finance, etc, are expected to post superior sales during this season. In this article, we will dive into some of the sectors and their...
Synopsis: Some stocks that are trading below their 50-day EMA, indicating a potential bounce. Is it worth keeping on your radar? In the stock market, technical indicators help traders and investors make informed decisions. One commonly used tool is the 50-day...
Synopsis: Dixon Technologies has entered a joint venture with HKC Overseas, where HKC will acquire a 26% stake in Dixon Display Technologies Pvt Ltd (DDTPL), with Dixon retaining 74%. The collaboration aims to develop and distribute LCM and TFT-LCD modules in India....
Synopsis: State Bank of India, HDFC Bank, Bajaj Finance, and seven other companies saw significant gains on Monday after GST slab cut speculation, followed by S&P Global rerating after 18 years. NIFTY Bank gained over 800 points or 1.5 percent on Monday....
Synopsis: Apparel stocks saw a nice uptick as hopes grew for a GST cut, with the government mulling over a flat 5 percent rate on all clothing and reducing the tax on footwear priced under Rs 1,000 from 12 percent to 5 percent. Stocks such as Trent, Vishal Mega...
Synopsis: JSW Steel and POSCO Group have signed a non-binding agreement to explore a 6 MTPA integrated steel plant in India through a 50:50 joint venture. The shares of a Steel company, specializing in the manufacturing and distribution of iron and steel products,...
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