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 [...]
Benchmark BSE Sensex and Nifty closed lower by nearly 1 per cent on Tuesday amid fresh foreign fund outflows and mixed global trends. The 30-share BSE benchmark fell by 497.73 points or 0.89 per cent to settle at 55,268.49, extending its losses for second straight day. During the day, it tanked 562.79 points or 1 [...]
Equity benchmark indices continued to fall for the second day running on Tuesday. The BSE Sensex benchmark fell 282.85 points to open at 55,483.37 while the broader index, NSE Nifty declined 88.8 points to open at 16,542.20. Amid the declining markets, here are two blue-chip stocks that analysts are bullish on after they posted their [...]
Bajaj Auto on Tuesday reported a marginal decline in consolidated net profit at Rs 1,163 crore for June quarter 2022-23 as chip shortage impacted sales. The Pune-based firm had posted a net profit of Rs 1,170 crore in April-June period a year ago. Total revenue from operations rose to Rs 8,005 crore in the quarter [...]
The shares of Tanla platforms opened at Rs 869 on Tuesday and sharply declined by 20% to hit the lower circuit. It touched its 52-week low of Rs 730. In the last five days, the stock has declined by more than 26%. This was mainly driven by the excessive selling of shares by the investors [...]
The shares of eMudhra Limited soared 28% in the last two days and reached a fresh 52-week high of ₹ 327.25 apiece on the National Stock Exchange. This happened after the company reported healthy earnings for the quarter ended June 2022 (Q1FY23). Its margins improved due to higher contribution from Enterprise Solution business and operational [...]
Equity benchmark indices continued to fall for the second day running on Tuesday with the BSE Sensex sliding 283 points in early trade amid foreign funds outflow and mixed trends in global markets. The 30-share BSE benchmark fell 282.85 points to 55,483.37. The broader NSE Nifty declined 88.8 points to 16,542.20. Among the Sensex constituents, [...]
Domestic steel major Tata Steel on Monday posted a 21 per cent fall in its consolidated net profit to Rs 7,714 crore for the April-June quarter due to higher costs of materials and finance costs. The company had reported a net profit of Rs 9,768 crore in the same period of 2021-22, the company said [...]
Future Supply Chain Solutions Ltd on Monday reported a net loss of Rs 624.22 crore for the fourth quarter ended March this year. The loss was mainly on account of credit loss from group firm Future Retail Ltd (FRL) which is now facing insolvency proceedings. The company reported a net profit of Rs 47.87 crore [...]
Dividends have been a passive source of income for many. Investors make money from dividends even when stocks are trading sideways or are showing a downtrend. Here is a list of companies that are going to start trading ex-dividend this week: MRF Ltd. Ex-dividend date: July 27, 2022Dividend Type: FinalDividend per share: ₹144Face Value: ₹ [...]
