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Deepak Korgaonkar boasts of an impressive 25-year experience on tracking and writing market stories based on extensive research and analysis of stocks/ sectors. He also specialises in reporting real-time stock market trends and impact stories. He holds a postgraduate degree from Mumbai University.
Deepak Korgaonkar boasts of an impressive 25-year experience on tracking and writing market stories based on extensive research and analysis of stocks/ sectors. He also specialises in reporting real-time stock market trends and impact stories. He holds a postgraduate degree from Mumbai University.
Amber Enterprises Q2 earnings: The room air condition (RAC) industry got impacted by non-conducive weather and deferment of purchase in between announcement & implementation of GST rate reduction.
Shares of JSW Cement hit a record low of ₹129, and traded at a 12 per cent discount compared to issue price of ₹147 per share.
M&M today said it sold its entire stake in RBL Bank for a consideration of Rs 678 crore representing a 62.5 per cent gain on the investment.
The outlook continues to remain healthy for Indian Hotels, led by continued traction in both the core business and new and reimagined businesses, say analysts.
Novelis on Wednesday said it expects the free cash flow for the current financial year to be negatively impacted by $550-650 million due to a fire incident at its plant in New York in September.
In the past one month, SBI has outperformed the market by surging 11 per cent, as against 2.1 per cent rise in the BSE Sensex.
With gold prices correcting from its high and festive pickup in sales, ICICI Securities expects Titan's EBIDTA margins to sequentially improve in Q3 with better margins in its core jewellery business.
In the past one month, Bharti Airtel stock has outperformed the market by surging 14 per cent, as compared to a near 3 per cent rise on the BSE Sensex.
Bank of Baroda, Canara Bank, Bank of India, Union Bank of India, Uco Bank, Punjab & Sind Bank, Bank of Maharashtra, Indian Overseas Bank and Indian Bank were up in the range of 2-5% in Monday's trade.
In the past one week, PSU index has outperformed the market by gaining 1.5 per cent, as against 0.4 per cent decline in the BSE Sensex.
MOFSL expect momentum to sustain in 2HFY26, supported by the stable pricing environment of refrigerant gases, robust order book pipeline, and higher realizations and volumes.
Since September 26, the stock price of the non banking financial company (IIFL Finance) has zoomed 31 per cent.
SJS Enterprises stock rose 4% in Thursday's trade. Analysts believe SJS is set to benefit from premiumization in PVs, 2Ws and appliances with an addressable market set to double to ₹11,900 cr by FY28E
BHEL has rallied 10% in the last four trading sessions. Analysts at ICICI Securities believe that the company needs to ramp up execution to charter robust growth over the medium term.
Dr Reddy's Laboratories has received a Notice of Non-Compliance from Pharmaceutical Drugs Directorate, Canada, regarding its Abbreviated New Drug Submission for Semaglutide Injection.
Any trade negotiations leading to reduction in tariff would act as a positive catalyst for Indian graphite electrodes players, said ICICI Securities in a note.
Oil & Gas stocks rally on D-Street: At 12:38 PM; BSE Oil & Gas was up 2.5 per cent, as compared to 0.42 rise in the BSE Sensex.
Till 10:38 AM; a combined 90.32 million equity shares representing 2.2 per cent of total equity of SAIL changed hands on the NSE and BSE.
Sebi has released a consultation paper on overhauling the mutual fund regulations to simplify the rules and reduce costs for investors
Motilal Oswal Financial upgrades Tata Steel from Neutral to BUY with a target price of ₹210 per share, while InCred Equities upgraded SAIL's rating to ADD from REDUCE, with a target price of ₹158.