Multibagger Penny stocks that will turn Ex-rights issue this week
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ICICI Bank, Indian Bank hike lending rates
ICICI Bank, the second-largest private sector lender and state-owned Indian Bank on Monday raised their lending rates across all tenors in anticipation of a rate hike by the RBI later this week. The rates have been increased across all tenors under the marginal cost of funds-based lending rate (MCLR) system, a move that will make [...]
Three brokerages see more than 65% upside in this stock; Do you own it?
Foodservice platform, Zomato Ltd’s share price reached a record low of ₹ 40.60 last week. The shares have been on a downtrend since the company acquired Blinkit. Experts believe that this acquisition will delay the profitability of the company. The shares are currently trading at ₹ 46.50. Three brokerages see huge upside potential in the [...]
4 stocks to pay a dividend of more than 1000% this week; Are you holding any?
The first trading day of August started on a positive note. The benchmark indices are trading in green and the market sentiments seems to be optimistic. Amid this here is a list of companies that are about to pay dividends of more than 1000% this week. Investors can buy shares before the ex-date so as [...]
Sensex advances for 4th day, reclaims 58,000 mark as RIL, auto stocks shine
Equity indices darted up for the fourth straight session on Monday to close at over three-month highs, boosted by robust buying in market heavyweight Reliance Industries and auto stocks amid firm global trends. Strong macroeconomic data and a sustained recovery in the rupee on the back of foreign fund inflows also buoyed sentiments, traders said. [...]
Barbeque Nation Hospitality Q1 Result: Net profit at Rs 16.02 cr
Barbeque-Nation Hospitality Ltd, which operates one of the leading casual dining chains, on Monday reported a net profit of Rs 16.02 crore for the first quarter ended June 30, 2022. The company had clocked a net loss Rs 43.85 crore in the April-June period a year ago, Barbeque-Nation Hospitality said in a regulatory filing. Its [...]
Bajaj Consumer Care Q1 Results: Consolidated net profit dips 30.7% o Rs 33.9 cr
FMCG firm Bajaj Consumer Care Ltd on Monday reported a decline of 30.69 per cent in its consolidated net profit at Rs 33.89 crore for the first quarter ended June 30, 2022. The company had reported a net profit of Rs 48.90 crore in the April-June quarter a year ago, said Bajaj Consumer Care, a [...]
Varun Beverages Q1 Results: Consolidated PAT at Rs 802 cr
Varun Beverages, PepsiCo's largest franchise bottler, on Monday reported a two-fold rise in consolidated profit after tax at Rs 802.01 crore for June quarter on growth in revenue from operations and improvement in margins. The company, which follows January-December financial year, had posted a PAT of Rs 318.80 crore in April-June 2021. Varun Beverages Ltd's [...]
