Shares of Rail Vikas Nigam Ltd (RVNL) fell 6.6% on the morning of July 27 when the government launched a public offering (SFO) to reduce its ownership to 5.36%. As of 09:30, the stock is trading at Rs 129 on BSE, down 4% from the previous closing price. Shares hit a low of Rs 125.50 …
RVNL falls almost nearly 7% as offer for sale opens Read More »
The average lead-to-fall ratio, which compares the number of stocks that rose to the number of shares that fell, hit a 4-month low in July, indicating a period of market consolidation following a strong rally. . Up to this point of July, the increase/decrease ratio stood at 1.05 times. In June, the ratio was 1.14, …
Stock market breadth signals consolidation; long-term outlook positive Read More »
Shares of major pharmaceutical company Cipla rose nearly 9% in early trading on July 27 after the company’s earnings for the April-June period beat expectations. Some brokerages also raised their price targets on the stock as they applauded the company’s impressive numbers for the quarter under review. While the company’s net income and revenue for …
Cipla zooms 9% on stronger-than-expected Q1; brokerages cheer, raise targets Read More »
Netweb Technologies started its first day of trading with a hefty premium of 88 on July 27, which was largely in line with expectations given the high number of IPO registrations and the prevailing optimism in the stock market. Shares opened at Rs 947 on the NSE against an issue price of Rs 500 a …
Robust listing | Netweb Technologies debuts with 88 percent premium Read More »
Tech Mahindra shares fell more than 4% in early trading on July 27 on BSE, a day after the company reported Q1 2024 results. It hit a low of Rs 1097.25 per share. This stock has fallen for 5 consecutive sessions and is down 12.4%. Most brokerages downgraded Tech Mahindra Ltd and lowered their price …
Shares of Amber Enterprises India Ltd fell more than 3% to Rs 2,196.4 at 9:31 a.m. on July 26 after the company posted a series of weak results for the quarter ended June amid high demand. demand slows down. The company reported a 7% drop in operating revenue to Rs 1,702 billion in June 2023 …
Amber Enterprises trades 3% lower on muted Q1 earnings Read More »
Shares of Tata Motors Limited rose more than 3% to hit a new 52-week high at Rs 665 around 9:15 a.m. on July 26, with 22,000 shares traded on the NSE. The company’s board of directors approved the delisting of the DVRs and their replacement with common stock. Under the proposed plan, Tata Motors will …
Tata Motors hits 52-week high on Q1 cheer, ‘A’ shares on fire Read More »
Bajaj Auto performed well in the April-June quarter, but that doesn’t seem to be enough for brokers to change their stance on the automaker. While brokers expect better times for Bajaj Auto in the coming quarters, they have also reported some headwinds that could derail the automaker’s growth trajectory. Brokers have seen signs of an …
Noida-based hospital chain Yatharth Hospital and Trauma Care Services is set to launch its first public offering. The Initial Public Offering (IPO) will be open for registration from July 26. Here are a few things an investor should know. 1) IPO date Bidding for the IPO will begin on July 26, and the last day …
Yatharth Hospital IPO opens today: 10 things to know before you buy it Read More »
Shares of Asian Paints extended their losses on July 26 after revenue grew weakly 6.68% to Rs 9,182 crore in the April-June quarter. Shares fell 0.39% to Rs 3,387.3 at 9:17 am on the National Stock Exchange. On July 25, shares of Asian Paints closed down 4% on the NSE. Morgan Stanley has an “right …
Asian Paints trades deeper into the red, brokerages send out mixed signals Read More »
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