Shares of this large-cap Pharma stock jumped 4 percent in Tuesday’s trading session after the company plans to carve out its a couple of manufacturing sites pertaining to its ‘API’ segment. In the last six months, the stocks of this company have gained nearly 75 percent. With a market capitalization of Rs 52,000 crores, the [...]
This IT stock rallied in the market today after it partnered with Dassault Systemes. The initiative is taken to unite an ecosystem of educators and practitioners to develop and validate realistic digital models of the human heart in the field of cardiology. Share price of TCS opened at Rs. 3492 levels and traded a percent [...]
Shares of a pharma company gained 7 percent on Tuesday’s early trades to reach an intraday high of ₹ 385.00 apiece on the National Stock Exchange (NSE) after it announced a 1:10 stock split. At 10:30 AM on Tuesday, its shares were trading at 372.45 apiece. The Board of Directors of Sigachi Industries in their [...]
Reliance Industries Ltd said on Monday that, Reliance Retail Ventures Ltd. will get an investment of Rs 2,069.50 crore from the international investment firm KKR in exchange for an additional 0.25 per cent share in the retailer, which is valued at roughly Rs 8.36 lakh crore. By making this investment, KKR would boost its ownership [...]
The shares of India's largest infrastructure company soared 4 percent to a 52-week high of Rs 3,009 per share on Tuesday after the company revised its share buyback offer to Rs 3,200 from Rs 3,000 following a jump in its stock price over the previous month. At 10:30 a.m., On the National stock exchange, Larsen [...]
The major equity indices maintained their upward trend in Tuesday's early trade, rising for the eighth straight day, with the Nifty reaching a new all-time high. The strong rise in equity in initial agreements was also aided by a generally firm trend in global markets and recent foreign capital inflows. The 30-share BSE Sensex climbed [...]
The Price/Earnings to Growth ratio, popularly known as the ‘PEG’ ratio, is usually applied to determine a stock’s value along with the factorization of the company’s expected earnings growth. A PEG ratio of less than one is generally considered a company with attractive prices having potential growth opportunities. Listed below are four stocks across various [...]
Brokerage firm CLSA in its latest note has maintained a positive view on the shares of a fundamentally strong stock in the telecom sector. It forecasts strong subscriber additions in the 4G/5G segment, market share gains and further improvement in average revenue per user (ARPU) due to rising postpaid subscribers. Bharti Airtel’s shares were trading [...]
On Monday, strong buying by domestic investors helped equity markets extend the winning streak to a seventh straight session. The benchmark Sensex increased by 528 points to reclaim the 67,000 level, while Nifty scaled the record 20,000 level for the first time. The positive momentum in stocks was also aided by the success of the [...]
ITI Limited, a public sector telecommunications company, announced on Monday that it had created its own branded laptop and micro PC and introduced them to the market. The central PSU with headquarters in Bengaluru and that falls under the Ministry of Communication claimed that the products now bear the "SMAASH" brand. Shares of ITI hit [...]
