Page 526 - Markets

KEC International surges 12% in volatile market on Rs 1,829-cr order win

The management said the company's year to date order intake has now surpassed Rs 7,000 crore

Here's why Osho Krishan is bullish on Axis Bank, BirlaSoft and Gujarat Gas

According to the technical analyst from Anand Rathi, Axis Bank is in a secular uptrend and can rally up to Rs 870

Bharti Airtel's Rs 21,000-cr rights issue subscribed 1.43 times

Shares of Airtel on Thursday closed at Rs 697

Amid higher raw material costs, margin pressures may continue for Havells

Demand recovery, however, has been strong which could help partially offset cost inflation

Amid IRCTC stock price drop, equity schemes' net asset value takes a hit

Equity funds collectively held Rs 2,879 cr worth of IRCTC shares at the end of September

Passive fund assets could reach Rs 25 trillion by 2025, says Finity

In the last five years, the Indian passive fund assets have grown 18 times from just Rs 22,409 crore in March 2016, says the investment platform

Tata Motors DVR stock soars 10% after Rakesh Jhunjhunwala raises stake

The DVRs carry lower voting rights but offer higher dividends

ICICI Bank Q2 Preview: NII may rise up to 20% YoY; margin, NPA trend eyed

In absolute terms, the NII may come in the range of Rs 10,711.9 crore to Rs 11,389 crore, say analysts

Sensex slips 336pts; Nifty Bank at new high; RIL falls 3%, TaMo DVR up 10%

Stock market LIVE: The broader markets also ended with notable losses as profit-taking continued for the third straight trading session, amid valuation and inflation concerns

Asian Paints dips 7% post Q2 results; stock hits over 2-month low

Steep inflation seen in raw material prices, since the beginning of this calendar year, has been phenomenal and has impacted gross margins across all businesses in the quarter.

Rakesh Jhujhunwala ups stake in Tata Motors DVR by 10 million shares in Q2

Rakesh Jhujhunwala increased his stake in Tata group company to 3.93 per cent in September quarter from 1.97 per cent at the end of June quarter.

Shoppers Stop surges 20% on strong operational performance in Q2

The company said it witnessed a strong recovery in demand after the second wave across the formats, with sales moving swiftly close to pre-pandemic levels in August and September

Havells India dips 9% on margin disappointment in Sept quarter

In Q2, Ebitda margin declined 338 bps year-on-year to 13.8 per cent, mainly due to higher raw material costs

BS Number Wise: When Sebi tries to ensure you get a piece of that hot IPO

An analysis of some trends in other markets suggests that it could be swimming against the tide

Naspers-backed online wealth manager Fisdom enters stock broking

At present, Fisdom operates a successful mutual fund distribution platform. The broking foray comes amid a frenzy to open new accounts underpinned by the buoyancy in the market

Higher raw material costs dent Nestle's operational performance in Sept qtr

The Nifty FMCG average valuations are 36 times, while its top six rivals are trading at an average of just over 50 times

IRCTC plummets 32% from record high after rallying nearly 300% in 6 months

After touching Rs 1 trillion intraday on Tuesday, the firm's m-cap ended around Rs 71,000 crore on Wednesday

Mirae Asset Mutual Fund's AUM crosses Rs 1-trillion mark

Fund house plans to strengthen its debt offerings

India extremely expensive says UBS, even as it gives China a double upgrade

The brokerage has an 'underweight' stance on India along with Taiwan and Australia (just downgraded from neutral)

Markets skid for second day as inflation, valuation concerns' weigh

Analysts said the inflationary pressure seen by companies such as HUL and Nestle India have made the Street temper down its earnings growth expectations