Job postings for 5G and telecommunications have witnessed significant uptick in the last 12 months, as enterprises are looking at 5G adoption at an accelerated pace, says a report. According to global job site Indeed, job postings for telecommunications and 5G have increased by 33.7 per cent between September 2021 and September 2022. "5G rollout [...]
The shares of Samvardhana Motherson International Limited tanked by 8 per cent till the afternoon on Tuesday and were trading at its 52-week low of Rs 63.30. In the last five days, the shares have declined by 12 per cent. In the span of a month, the stock has shed approximately 22 per cent and [...]
The shares of U H Zaveri Limited opened at Rs 62.50, its new 52-week high. However, the stock price declined by 4.5 per cent to trade at Rs 56.15 till 11.45 on Tuesday. U.H.Zaveri Limited is a Jewellery company. The company is engaged in both wholesale trading of jewellery and Retail trading of jewellery. The [...]
Mutual fund managers do extensive research and apply various strategies to pick stocks. In general, they prefer companies with a good financial record, good management, scalability of the business and whose stocks are available at attractive valuations. Small-cap stocks are risky to invest in, however, if chosen well, they can provide very good returns in [...]
Suzlon on Tuesday said it has bagged an order to supply 23 wind turbines totalling 48.3 MW from Adani Green Energy. Suzlon will install 23 units of their wind turbine generators (WTGs) with a Hybrid Lattice Tubular (HLT) tower and a rated capacity of 2.1 MW each, a company statement said. The project is located [...]
Luxury carmaker Mercedes-Benz India recorded a profit after tax of Rs 441.4 crore in the fiscal ended March 31, 2022, after two years of losses, according to financial data accessed by business intelligence platform Tofler. The company, which is not a publicly listed entity, had posted a loss after tax of Rs 107.1 crore and [...]
The shares of Confidence Futuristic Energetech Ltd were locked at ₹ 419.80 apiece, in a 5% upper circuit on Monday. In fact, the shares hit the upper circuit for 53 trading sessions in a row. Confidence Futuristic Energetech Ltd is an Indian company that manufactures and sells blast-proof, translucent and lightweight composite cylinders to both [...]
Amid a volatile session on Monday, the Indian equity markets wiped off initial losses and entered the green as gains across index heavyweights like HDFC twins, SBI, ICICI Bank, Infosys, TCS, HUL, Bajaj twins, and Asian Paints uplifted the indices. The corporate earnings season has already begun and investors await financial results from India Inc [...]
With the earnings season rolling in, Indian companies have started reporting their performance in the June to September (Q2) period of FY22. Here are two bank stocks on which analysts remain bullish and see an upside of up to 40 per cent after their Q2 results: Federal Bank Limited The shares of the bank zoomed [...]
Cement maker ACC on Monday reported a consolidated net loss of Rs 87.32 crore for the quarter ended September 30, 2022. The company, which follows January-December financial year, had posted a profit of Rs 450.21 crore in the same quarter a year ago, ACC said in a BSE filing. Total revenue from operations during the [...]
