Page 52 - Stock Market Today

RIL lags as markets near new highs; investors fret over rising debt

Most analysts expect RIL's capex to remain high in 2023-24 as well, by virtue of the roll-out of the 5G network and the continued expansion of its offline and online retail footprint

Recovery a couple of quarters away for Page Industries; stock falls 8.8%

In Q4, unit volume declined 14.6 per cent year-on-year

Street gives a thumbs up to LIC's results; most analysts bullish on stock

Analysts see an upside of over 24% in insurer's stock in one year

Strong growth prospects seen in Dixon Technologies, Amber Enterprises

Two stocks are up 14-21% in the last month; Amber has more upside given the target prices

Gains in Delhivery dependent on a sustained improvement in margins

Increasing volumes, while cutting costs, would be a major challenge

Strong Q4 performance, robust cash flows and outlook to support BPCL stock

Attractive valuations and robust cash flows are the other positives

Street unhappy over Siemens' plan to sell its low-voltage motor unit

Stock plunges 8.35%; analysts divided over electrical equipment maker's prospects due to high valuations

Market regulator proposes halving IPO listing time on stock exchanges

India's market regulator proposed halving the time needed to list shares on the nation's stock exchanges from the closure of initial public offerings (IPOs) to three days.

Q4 results, FII trading activity to guide markets this week: Analysts

Domestic quarterly earnings, global trends and foreign fund trading activity would dictate the movement in equity markets, analysts said

Mcap of top valued firms erodes by Rs 70,487 cr; RIL, TCS biggest laggards

Six of 10 most valued firms faced a combined erosion of Rs 70,486.95 cr in their market valuation last week, with Reliance Industries and TCS taking the biggest hit following a weak trend in equities

ITC's stock rally has more legs; analysts remain positive after strong Q4

Continuing high raw material inflation is a key concern and rupee depreciation continues to be a pain point

Nexus Select Trust, country's first pure-play REIT, rises 4% on debut

Firm's IPO was subscribed 5.4x, units were proced at Rs 95-100 a share

Sebi proposes framework for AIFs to strengthen corporate governance rules

To strengthen corporate governance mechanism, capital markets regulator Sebi on Thursday proposed to amend the current rules governing alternative investment funds (AIFs)

Sebi imposes Rs 55 lakh on 11 entities for indulging in non-genuine trade

Capital markets regulator Sebi on Thursday imposed penalties totalling Rs 55 lakh on 11 entities for indulging in non-genuine trade in the illiquid stock options segment on the BSE

Margin expansion ahead for Colgate; brokerages await demand revival signs

The country's largest listed oral care company posted a gross margin expansion of 100 basis points (bps) on a sequential basis to 66.9 per cent, led by pricing and efficient sourcing

Bharti Airtel's Q4 results give hope, experts see stock gaining 10-25%

Return on capital employed is low at 8.5 per cent, and the net debt: Ebitda is at 2.9x, consolidated

Markets drop on US debt ceiling concerns, benchmark indices shed 6% each

Sensex and Nifty both lose over 1.2%, in two days despite positive flows from FPIs

SGX Nifty will be renamed as GIFT Nifty from July 3, confirms NSE

On April 17, SGX had issued a circular on migrating all Nifty positions to NSE IFSC

A year after listing, LIC scorecard lacks lustre; new biz premium down 50%

Shares of the insurance behemoth are down 40 per cent over their issue price of Rs 949 to Rs 567 apiece

NSE posts consolidated net profit of Rs 7,356 cr; revenue at Rs 12,765 cr

The exchange earns from trading and other revenue lines, including fees from listing, index services, data services and colocation facilities