The share price of D B Corp, a media and entertainment company escalated to hit a fresh 52-week high of ₹112.00 apiece. The shares of the company gained a whopping 17% as compared to their previous close of ₹ 95.6 apiece on the National Stock Exchange. Further, they gained 33.83 % in the past month [...]
On Monday afternoon, The Sensex was down 711.89 points or 1.19% at 58934.26, and the Nifty was down 216.50 points or 1.22% at 17542. Amid the volatility in the market, dividends are considered to be a passive source of income. Here are some stocks that will trade ex-dividend this week: Jubilant Ingrevia Limited The Stock [...]
Sanofi India Ltd’s share price took a beating in response to litigation threats and a cancer drug development setback. The finance chief of the pharmaceutical company said on Wednesday that a decline was strongly exaggerated and posed a buying opportunity for savvy investors. Sanofi India is engaged in the business of manufacturing and sale of [...]
The shares of Adani Enterprises Limited have been in the buzz for quite some time now as the stock has been making and breaking multiple record highs. On Monday, despite the volatile markets, Adani Enterprises shares gained 1.4% till 11.40 am and were trading at Rs 3,171 levels. The stock has been rallying as the [...]
An IndiGo flight made a priority landing at Kolkata airport on Sunday morning after smoke was detected in the cargo hold of the plane, officials said. The flight, 6E 2513, was flying with 165 passengers and six crew members from Delhi to Kolkata, they said. The plane was scheduled to land at Kolkata airport at [...]
The shares of Trent Limited, a Tata Group company gave multibagger returns in the past 22 years as its share price surged from ₹ 13.42 apiece to ₹ 1395.60. A few investors remain invested in companies because they buy shares and tend to hold them for a long period. If an investor would have invested [...]
Domestic benchmark indices opened in the green on Tuesday after a long weekend. The markets were closed on Monday due to Independence Day celebrations. The Sensex was up nearly 400 points or 0.67% at 59,850, while the NSE Nifty 50 added 133 points or 0.76% to breach 17,800 levels. The markets made a sharp U-turn [...]
With no major domestic market moving triggers this week, equities would continue to look at global factors, foreign fund movement and trend in the rupee for further direction, analysts said. "This week we have the August month F&O expiry where bulls are looking for rest after a gain in the August series," said Santosh Meena, [...]
The Adani Group is likely to launch next week an open offer worth Rs 31,000 crore to acquire 26 per cent stake each in Swiss firm Holcim's two Indian listed entities Ambuja Cements and ACC, from public shareholders. In May this year, the Adani Group announced that it has clinched a deal to acquire a [...]
Companies do better and get good margins in the absence of competition in an industry. Very few companies have true monopolies, but most of them are almost monopolies. They have brand recognition or they have dominance in any particular geography. Brokerages see an upside in these two companies that enjoy strong monopolies in their category: [...]
