5G Auction: Record Rs 1.5 lakh cr bids; Jio top bidder
India's biggest ever auction of telecom spectrum received a record Rs 1.5 lakh crore of bids, with Mukesh Ambani's Jio cornering nearly half of all the airwaves sold with an Rs 88,078 crore bid. Richest Indian Gautam Adani's group, whose entry in the auction was billed by some as another flash point in the rivalry [...]
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 [...]