Page 923 - Markets News
Is HDFC Bank stock a good bet after MSCI August Review? What analysts say
Analysts, on their part, are of the view that long-term investors could continue to hold the stock
 "Is HDFC Bank stock a good bet after MSCI August Review? What analysts say")
HDFC Bank drags market down; Sensex and Nifty end nearly 1% lower
Broad-based selling pressure as declining stocks exceed advancing by over two
 "HDFC Bank drags market down; Sensex and Nifty end nearly 1% lower")
Hindenburg row: SC plea seeks conclusive Sebi report in Adani case
Fresh public doubt necessitates Sebi to conclude its probe and declare findings: petitioner
 "Hindenburg row: SC plea seeks conclusive Sebi report in Adani case")
Ease in perpetual bond valuation norms set to revive market, say investors
Banks had slowed issuing the notes as the 2021 valuation norm change hurt appetite. In January this year, they had sought a relaxation
 "Ease in perpetual bond valuation norms set to revive market, say investors")
July Budget and slashing of SGBs: A setback for portfolio balancing
Understandable if govt decided not to bear exchange and capital appreciation risks on SGBs anymore, but this would be a pity for investors who would no longer have this option to balance portfolios
 "July Budget and slashing of SGBs: A setback for portfolio balancing")
Aurobindo Pharma hits lifetime high as analysts make bull case on growth
Shares of Aurobindo Pharmaceuticals soared as much as 4.96 per cent, hitting their all time high at Rs 1532.85 per share on the BSE in Tuesday's intraday trade
 "Aurobindo Pharma hits lifetime high as analysts make bull case on growth")
Groww Mutual Fund lists Nifty EV & New Age Automotive ETF on NSE
This is Groww Mutual Fund's first live ETF, which is available for trading with most brokers and investment platforms
 "Groww Mutual Fund lists Nifty EV & New Age Automotive ETF on NSE")
Stock Market Highlights, Aug 13: Sensex sheds 693 pts, Nifty below 24,150; HDFC Bank, SBI, TaMo drag
Stock Market Highlights on August 13, 2024: Broader indices also settled lower, with small-cap shares being the worst hit as the Nifty Smallcap 100 index fell 1.30 per cent
 "Stock Market Highlights, Aug 13: Sensex sheds 693 pts, Nifty below 24,150; HDFC Bank, SBI, TaMo drag")
Upcoming IPO Alert: Inventurus Knowledge Solutions files DRHP with Sebi
Upcoming IPO Alert: With the IPO, Inventurus Knowledge Solutions is offering an offer for sale of up to 28,184,060 equity shares of face value of Re 1 apiece
 "Upcoming IPO Alert: Inventurus Knowledge Solutions files DRHP with Sebi")
Oil India stock surges 21% in one week as brokerages remain upbeat
Elara Capital maintained a 'Buy' rating on OIL with a target price of Rs 780 per share on higher FY26E EV/EBITDA assumption at 10.0x (from 7.0x), led by expectations of strong production growth.
 "Oil India stock surges 21% in one week as brokerages remain upbeat")
Ethanol price hike buzz triggers rally in sugar stocks; soar up to 9%
Sugar stocks, Ethanol price hike news: The price revision is being considered on priority to incentivise production and meet our blending goals, reports said
 "Ethanol price hike buzz triggers rally in sugar stocks; soar up to 9%")
Patel Engineering stock tanks 5% as topline, Ebitda fall in Q1FY25
Shares of Patel Engineering surged up to 4.56 per cent at Rs 53.09 a piece on the BSE in Tuesday's intraday deals
 "Patel Engineering stock tanks 5% as topline, Ebitda fall in Q1FY25")
Aarti Industries stock tanks 16% on heavy volumes on margin concerns
The management anticipates 20-30 per cent volume growth in FY25, although margins are expected to remain under pressure for at least next 1-2 quarters due to continued dumping from China.
 "Aarti Industries stock tanks 16% on heavy volumes on margin concerns")
Coffee Day shares tumble 29% in 2 days: What's brewing at CCD operator?
Coffee Day NCLT proceedings: The Bengaluru Bench of NCLT had admitted IDBI Bank's plea to initiate insolvency proceedings against Coffee Day Enterprises for loans worth Rs 228 crore
 "Coffee Day shares tumble 29% in 2 days: What's brewing at CCD operator?")
Happiest Minds Technologies shares fall on Q1FY25 results, down 16% YTD
During Q1FY25, the company's net profit dropped 12.5 per cent Year-on-Year (Y-O-Y) to Rs 51.03 crore, compared to Rs 58.33 crore reported in Q1FY24
 "Happiest Minds Technologies shares fall on Q1FY25 results, down 16% YTD")
Hindustan Copper shares jump 6% after profits grow two-fold in Q1 earnings
Hindustan Copper's stock rose up to 5.6 per cent at Rs 319.65 a piece on the BSE in Tuesday's intraday deals
 "Hindustan Copper shares jump 6% after profits grow two-fold in Q1 earnings")
Marico resumes normal manufacturing ops at Bangladesh plants; stock up 3%
Marico Bangladesh update news: Marico said the manufacturing operations in the country resumed at normal scale on Monday
 "Marico resumes normal manufacturing ops at Bangladesh plants; stock up 3%")
Olectra Greentech stock zooms 13% on reporting 34% growth in Q1 net
Olectra Greentech Q1FY25 consolidated net profit rose to Rs 24.25 crore from Rs 18.07 crore in Q1FY24. Prior to today, the stock had shed 20 per cent in the last one month.
 "Olectra Greentech stock zooms 13% on reporting 34% growth in Q1 net")
Balrampur Chini stock nears record high, gains 5% on stable Q1 performance
Despite facing challenges in distillery operations due to regulatory issues, sugar segment has continued to perform well in a seasonally soft quarter, benefiting from higher volumes and realizations.
 "Balrampur Chini stock nears record high, gains 5% on stable Q1 performance")
Senco Gold shares climb over 9% on healthy Q1FY25 results, growth outlook
Shares of Senco Gold have yielded a return of 55.39 per cent year-to-date, according to BSE analytics
 "Senco Gold shares climb over 9% on healthy Q1FY25 results, growth outlook")