The shares of the oldest mutual fund in India, UTI Asset Management Company Ltd opened at Rs 779 on Tuesday up 4% from its previous close of Rs 749.80. Till 12 pm the stock had scaled by more than 15% and was trading at Rs 864. The stock has climbed by more than 32% in [...]
General information about XPro Markets It is a registered CFDs brokerage firm that aims to meet the demands of every trader no matter their experience level. Whether you're a novice or a professional, XPro Markets offers traders the chance to trade in over 160 different CFDs, including FX, equities, indices, commodities, as well as cryptocurrency [...]
The stock of the nation’s largest gold loan NBFC, Muthoot Finance declined almost 15% in the early hours of trading on Tuesday. As of 9:40 IST, the scrip hit its low of ₹1,009.30 per share, down 14.99% from its previous close of ₹ 1,187. Muthoot Finance is a large-cap financial services company with a market [...]
Bajaj Finserv EMI Card is one of the easiest ways to get your favorite products. With a high credit limit, you can now convert the price of a product into affordable EMI and pay in your preferred installments. Be it electronics, gadgets, appliances, fashion, etc., all such sought-after products are offered at partner stores or [...]
IT hardware and mobile accessories firm Balaji Solutions has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial public offering (IPO). The public issue consists of a fresh issue of equity shares worth up to Rs 120 crore and an offer-for-sale (OFS) of up to 75 lakh equity shares by [...]
After a three-day holiday, the benchmark indices opened on a positive note on Tuesday. The BSE Sensex jumped nearly 400 points to open at 59,856, while NSE Nifty 50 reclaimed its 17800 level. Here are some stocks that are recommended by analysts amid the ongoing bull market for an upside of up to 65%. Vijaya [...]
Adani Logistics, a wholly-owned subsidiary of Adani Ports and Special Economic Zone Ltd, on Tuesday said it has signed a definitive agreement to acquire ICD Tumb (Vapi) from Navkar Corporation for Rs 835 crore. Adani Logistics Ltd (ALL) in a statement said the deal comprises the acquisition of the operational ICD with a capacity to [...]
The nation's second-largest state explorer, Oil India Limited’s shares gained almost 4% during the day and quoted 1.17% higher at ₹190.15 on Friday’s closing bell. This happened after the company reported robust earnings for Q1FY23. The company’s net profit tripled to ₹ 1555.46 crores in the April to June quarter of 2022 from ₹ 507.94 [...]
The shares of Torrent Pharmaceuticals Ltd gave multibagger returns in the past twenty years as they appreciated by 12,998.24% from ₹ 11.91 to ₹ 1560.00 apiece! This explains why staying invested in a company for the long term can pay off really well. If an investor had invested ₹ 1,00,000 in the company's shares on [...]
Indian shares were trading lower on Monday, weighed down by a fall in the country's top lender State Bank of India by nearly 3% after weak quarterly earnings. The benchmark gauges, NSE Nifty and BSE Sensex edged higher on Friday, amid choppy trade, tracking mixed moves across global equities. Gains were observed in banking and [...]
The world has gone through drastic changes in 2022 in almost every sphere. Despite all these changes one thing still remains intact - “Cash is King”. But luckily today, making money is easier than ever, all you need is discipline and determination. A popular way of making money online is through trading! A common misconception [...]
Small cap stocks are generally preferred by investors who want to generate higher returns from their investments. However, with high reward comes high risk. Small cap stocks generally tend to fluctuate more as the markets move. Therefore it is imperative to check the financials of the company before investing in them. Here are four debt-free [...]
Veteran Stock market investor, Rakesh Jhunjhunwala, also referred to as the ‘Big Bull of Indian markets’ passed away at the age of 62 in Mumbai. The ace investor passed away early in the morning on Sunday, due to a cardiac arrest. According to Forbes, the market mogul was India’s 36th richest person in 2021 and [...]
Veteran stock market investor Rakesh Jhunjhunwala, often referred to as India's Warren Buffett and whose net worth was USD 5.8 billion, died here on Sunday morning. He was 62. Jhunjhunwala died early in the morning due to a cardiac arrest, a source in his newly set up airline said. Often referred to as 'India's Warren [...]
State-owned Hindustan Copper Ltd on Saturday posted a 25 per cent rise in consolidated net profit to Rs 57.08 crore for the quarter ended on June 30, 2022 on the back of higher income. The company had posted a consolidated net profit of Rs 45.63 crore in the year-ago period, Hindustan Copper said in a [...]
Coffee Day Enterprises Ltd has reported narrowing of its consolidated net loss to Rs 18 crore for the quarter ended June 30, 2022. The company had posted a net loss of Rs 117.28 crore in the April-June period a year ago, Coffee Day Enterprises Ltd (CDEL) said in a BSE filing on Friday night. CDEL's [...]
Reliance Infrastructure (RInfra) on Saturday reported a narrowing of its consolidated net loss to Rs 66.11 crore for the quarter ended on June 30, 2022. The company had clocked a consolidated net loss of Rs 95.15 crore in the corresponding period of the previous fiscal, it said in a regulatory filing to the BSE. Its total [...]
New Delhi, Aug 12 (PTI) Dynasty Acquisition (FPI) Ltd on Friday offloaded 22.37 lakh shares of Shriram City Union Finance Ltd for Rs 447 crore through open market transactions. The entity sold 12,85,734 shares on NSE and 9,51,406 shares on BSE at an average price of Rs 2,000 apiece, as per bulk deal data available [...]
Business process management firm Hinduja Global Solutions on Friday posted a consolidated net profit from continuing operations at Rs 73.26 crore for the quarter ended on June 30, 2022, according to a company statement. Seen on a `like-to-like basis', the profit from continuing operations stood at Rs 7.5 crore in the same period the previous [...]
Life Insurance Corporation has said it has not received any timeline from the government for the stake sale in its subsidiary IDBI Bank. LIC owns 49.2 per cent of the lender and the government and public own the remaining shareholdings in the bank which was on the verge of collapse before it was forced into [...]
