The Adani Group had started off with a hostile takeover bid for New Delhi Television (NDTV) by indirectly snapping up a 29.18 percent stake in the broadcaster. Along with Vishvapradhan Commercial and AMG Media Networks, the Adani group followed up the takeover with an open offer to purchase an additional 26% of the shareholding in [...]
The shares of Bajaj Hindustan Ltd hit the roof as it mounted gains for two days in a row. On Monday, they gained 20% to reach an intraday high of ₹ 16.20 apiece on the National Stock Exchange (NSE). Volumes jumped at the counter. More than 15.83 crore shares changed hands by 01:33 PM on [...]
The Indian benchmark indices opened on a flat note on the back of mixed global cues on Monday. The BSE Sensex was down 65.03 points or 0.10% at 62,803.47, while the Nifty was down 10.70 points or 0.06% at 18,685.40 levels. As the sentiments in the markets take a turn, here are 8 stocks recommended [...]
One 97 Communications (Paytm) zoomed 10.70% in the past five days, following a 60.77% plunge since January. Its shares were trading at ₹ 525.10 apiece at 11:40 AM on the National Stock Exchange (NSE). The company's management told analysts that it would become cash flow positive within the next 12 to 18 months. It reiterated [...]
Staying invested in shares for a long period of time has made fortunes for investors, particularly when they find a company with good fundamentals and invest when its shares are available at low prices. The shares of Kotak Mahindra Bank rose from ₹ 1.65 apiece to ₹ 1,930.80 in the last twenty years. Its shares [...]
The Indian markets climbed higher for the fifth session in a row. The benchmark indices started the week by scaling to highs for the first time in thirteen months. In addition, the Nifty bank index also clocked its highest-ever close. The markets continued to move northwards and reached a record high on Thursday. The Sensex [...]
The shares of Talbros Automotive Components Ltd quoted 6 per cent higher till the afternoon on Friday at Rs 488 levels. The shares surged after the company announced that it has bagged orders worth Rs 40 crore. The auto components company received new multi-year orders worth Rs 420 crore from both domestic and overseas customers [...]
The shares of NMDC Limited were trading in green till Friday afternoon at Rs 120 levels. The stock is under the radar of investors after the government made announcements regarding a stake sale of the company. The government has invited preliminary bids for the strategic sale of NMDC's Nagarnar Steel Plant. The last date for [...]
The shares of Raymond Limited opened at Rs 1,372 on Friday and gained as much as 15 per cent in the early hours to reach a new 52-week high of Rs 1,578.10. In the span of a month, the stock has gained approximately 32 per cent. The shares of the textile company were trading at [...]
Oil and gas stocks inched higher on Friday's early trades as the Government of India (GoI) was mulling over a further reduction of the windfall tax on exports of locally produced oil and diesel. Some of the gainers include Oil & Natural Gas Corporation Ltd (up 0.86%), Gujarat Gas Ltd (up 2.67%), Indian Oil Corporation [...]
