Benchmark indices ended higher for the second consecutive day. The Sensex was up 1,041.47 points or 1.87% and closed at 56,857.79, and the Nifty was up 287.80 points or 1.73% and ended at 16,929.60. With the rising markets Here are some of the stocks that are recommended by the analysts for an upside of up [...]
The shares of Tata Motors plunged 3.75% to hit an intraday low of ₹ 427.40 on the NSE. Its consolidated losses for the first quarter ended June 2022 deepened. This happened due to semiconductor woes, coupled with a lockdown in China and volatile foreign exchange, dented earnings at Jaguar Land Rover (JLR) Automotive — its [...]
What is bonus share? You may have seen the term “bonus share” before and wondered what it meant. A bonus share is a free additional share that a company gives to its shareholders, usually when the company is doing well. The main benefit of bonus shares is that they can help you make money. In [...]
The Directorate General of Civil Aviation (DGCA), on Wednesday, in an unprecedented action ordered low-cost carrier SpiceJet to operate only 50% of its flights for eight weeks. Several planes of the airline reported technical malfunction recently. The airline’s shares plunged by nearly 10% during early trades on Thursday, to reach their two-year low of ₹ [...]
The government and the Life Insurance Corporation of India (LIC) may sell up to 65% of their stake in IDBI Bank before the end of the current financial year. These majority stakeholders will have to do a basic benchmark in terms of ceding ownership in the bank. The process may start with 51% odd and [...]
Pharma Company, Sanofi India’s board of directors have recommended a special dividend of ₹ 193 against a face value of ₹ 10 per equity share (1930% of its face value), for the financial year ending December 2022. The company’s board announced this decision after its scheduled board meeting held on July 26, 2022. "The Board [...]
The shares of Tata Investment Corporation jumped 8.8% during early trades on Wednesday after the company posted robust results in the latest quarter. The shares are currently trading at ₹ 1491.00 apiece, up 5.48%. The company’s total income increased by 64.69% to ₹ 102.08 crores in Q1FY23 (June quarter) as against ₹ 61.98 crores in [...]
On Wednesday, the shares of Dynamic Cables Ltd were trading up by 1.5% till 12 pm and were trading at Rs 142 levels. The stock has been rallying for the last few days and added more than 19%. A year ago, the stock was trading at Rs 47 a piece. From there it has escalated [...]
On Wednesday, The shares of Yes Bank Limited jumped by 4.3% till 11.30 am and were trading at Rs 14.30. The stock has added approximately 4% in a week. Within the span of a month, the stock has scaled by more than 11%. Yes Bank Limited is a private sector bank engaged in providing banking [...]
The shares of Canara Bank Ltd were trading lower by 1.18% at Rs 222.15 a piece till the afternoon of Tuesday's trading session. In the past month, the stock has zoomed by more than 18%. Ace investor Rakesh Jhunjhunwala holds 3,55,97,400 shares in the company which represents a stake of 1.96% in the company with [...]
