by Trade Brains | Jan 20, 2023 | 3:30 pm | News, Trending News
Vedanta Group company, Hindustan Zinc’s shares opened 8.62% lower on Friday and fell as much as 9.89% to reach an intraday low of ₹ 340.20 apiece. This happened after the company announced the acquisition of Vedanta's Zinc International (ZI) assets for a cash consideration of $ 2,981 million. Hindustan Zinc is a subsidiary of Vedanta, [...]
by Trade Brains | Jan 20, 2023 | 2:00 pm | News, Trending News
The shares of Coforge Ltd rallied 7.15% to reach an intraday high of ₹ 4250.00 apiece on the National Stock Exchange (NSE). The IT services provider reported better-than-expected net profit for the October to December quarter (Q3FY23), which is a seasonally weak quarter. Its shares were trading at ₹ 4210.60 apiece at 12:36 PM on [...]
by Trade Brains | Jan 20, 2023 | 12:52 pm | Analysis, News
Domestic benchmark indices opened flat on Friday, shrugging weakness across global markets. The BSE Sensex was at 60,873.64 points, up 0.025% at 11:47 AM on Friday and, the NSE Nifty 50 was at 18111.25 points, up 0.019%. Meanwhile, the shares of two companies appreciated to the tune of 7% each to reach a fresh 52-week [...]
by Trade Brains | Jan 20, 2023 | 12:05 pm | News, Trending News
The board of the multi-bagger company KDDL Ltd has approved the buyback of the equity shares of the company. KDDL ltd is a company engaged in the business of manufacturing watch components like hands, dials, and precision engineering goods under the brand name, Eigen. This a multi-bagger stock that has given a return of 365% [...]
by Trade Brains | Jan 19, 2023 | 6:35 pm | News, Trending News
The shares of IndusInd Bank ltd have fallen 1.80% on Thursday despite the company reporting excellent Q3 results for FY2023. The share opened at the price of Rs 1,211 and closed at the price of Rs.1201. IndusInd Bank reported a total income of ₹ 4,495 crores in Q3FY2022, a year-on-year increase of 18%. This was [...]
by Trade Brains | Jan 19, 2023 | 3:20 pm | Editor's Pick, News
The Piotroski score is a score between zero and ten, used to determine the best value stocks, with nine being the best and zero being the worst. It uses nine parameters to determine the strength of a firm's financial position. These parameters include net income, operating cash flow, quality of earnings, return on assets, leverage, [...]
by Trade Brains | Jan 19, 2023 | 3:15 pm | Analysis, News
Domestic benchmarks BSE Sensex and NSE Nifty50 opened lower on Thursday amid largely negative cues from global markets. Losses in IT shares led the headline indices lower. The Sensex was at 60,832.20 points, down 0.38% and the Nifty was at 18,102.65 points, down 0.35% at 02:38 PM on Thursday. Here are three stocks that hit [...]
by Trade Brains | Jan 19, 2023 | 2:32 pm | Analysis, News
On Wednesday, the State Bank Of India (SBI), one of India’s biggest banks raised over ₹ 9,700 crores by issuing its infrastructure bonds in its second tranche. SBI stated that it raised ₹9,718 crores through its second infrastructure bond issuance, at a coupon rate of 7.7 percent per annum for a tenure of 15 years. [...]
by Trade Brains | Jan 19, 2023 | 1:25 pm | News, Trending News
The shares of Rallis India fell 6.80% to reach an intraday low of ₹ 228.80 apiece on the National Stock Exchange (NSE) after the company declared its results for the October to December quarter (Q3FY23). Rallis India shares were trading at ₹ 231.75, down 5.58% at 12:37 PM on Thursday. 1342570 shares changed hands on [...]
by Trade Brains | Jan 19, 2023 | 11:29 am | Articles
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