Page 39 - Stock Market Today

Shares of Sula Vineyards soars 20% extending two day gains to 33.6%

Maharashtra accounts for about half of Sula's revenues and close to 60 per cent of its operating profit

CERC's new draft electricity tariffs: Little change for power utilities

Among companies, the Power Grid will see a minimal impact since most of its new assets are being built via competitive bidding

Multiple margin levers ahead for food delivery platform Zomato's stock

It had begun levying a convenience fee of Rs 2 per order from August 2023, which was subsequently raised to Rs 3 per order

Largecap, midcap cutoff surges over 26% in latest Amfi classification

PSUs dominate list of upgrades, 5 PSBs upgraded to largecaps in last 1 year

Tata Steel stock: Is it a buy, hold or a sell?

Near-term upside may be limited as the stock is trading above consensus target price of analysts

SC directs govt, Sebi to consider suggestions on regulatory reforms

Expert committee formed to probe Adani matter had submitted a slew of suggestions in May 2023

Sebi moderates approach in market rumour verification for listed firms

A direct, price-based trigger for verifying market rumours rather than asking for responses on events will address some of the issues of subjectivity

Bajaj Auto board to consider share buyback on Jan 8, stock jumps over 5%

Under the Securities and Exchange Board of India (Sebi) regulations, the maximum limit for a buyback is 25 per cent or less of the paid-up capital and free reserves in that financial year

Robust prospects fortify NMDC stock; India's steel demand may stay strong

NMDC's FY24 iron-ore production (April-November) stood at 27.3 million tonnes (MT) up 17.1 per cent year-on-year (Y-o-Y) while sales volume grew 24.8 per cent Y-o-Y to 28.1 MT

Record buyback of Rs 47,810 cr by 48 firms in 2023, highest in 6 yrs

A buyback is a process a company employs to repurchase its shares from stakeholders

Strong visibility over growth, costs drive up CIL stock to record high

The e-auction premium over the fuel supply agreement (FSA) price has improved to between 80-100 per cent which means higher blended realisation compared to June-July premiums of around 60 per cent

Record FPI inflows in debt market mark over 6-year high in December

FPI inflows into debt stood at Rs 18,393 crore in December, against Rs 14,106 crore in November, according to data on the National Securities Depository Limited

Gail stock sees upward growth, owing to upcoming tariff hikes, new projects

Potential risks include volatile gas prices. Also as of now, petrochemicals spreads are still falling. But the stock, which hit a record high of Rs 164.25 in intra-day trade on Friday

Scaling peaks: Sensex tops 72,000 in Santa Claus rally, Nifty50 passes 21k

This month, so far, the Nifty50 and the Sensex have scaled fresh peaks in nine and eight sessions, respectively. On an intraday basis, the Nifty50 has hit new highs in 12 sessions and the Sensex in 10

Managing portfolio: Stay with winners or make bets laggards in 2024

The start of a new year is also a good time to make bets on stocks that have been laggards and could potentially see a turnaround in their fortunes next year

Hindalco well-placed in emerging demand-supply scenario for aluminium

Even with the cap, China holds 57 per cent of global production capacity

Asian fund managers more bullish on equities: Bank of America Survey

The return expectations are based on above-par earnings and supportive policy

Motilal Oswal smallcap collects Rs 1,350 crore during new fund offering

According to the fund house, over 150,000 investors subscribed to the NFO, putting in an average of Rs 85,000

FPIs lap up finance, healthcare, auto stocks in first half of Dec

FPIs were net buyers to the tune of Rs 42,731 crore in the first fortnight of December

Benign oil prices can provide fillip to multiple sectors, ease inflation

The direct impact on the energy sector should see a positive re-rating for OMCs (despite possible losses on marked-down inventory) since retail margins and refining margins may both improve