Page 122 - Stock Market

TCS hits over 7-mth high; rises 4% in three days despite market volatility

Analysts at ICICI Securities expect TCS' margins to improve from FY23 onwards due to utilization improvement and moderation of sub-contractor costs

HDFC Life hits lowest level since May 2020; slumps 17% in two days

The government has lifted tax exemption on life insurance policies issued with aggregate premium of over Rs 5 lakh in a year (other than Ulips) with effect from April 1, 2023

How Hindenburg Research gave a masterclass in financial globalisation

Even for those Indians who don't have shares in the Adani group, the concern now is the health of their portfolios

Budget 2023 a balancing act with focus on prosperity and inclusiveness

Budget 2023: Raising of tax slabs along with reduction in peak surcharge shall result in around Rs 35,000 crore being saved by tax payers and hopefully being spent to boost consumption

Adani's $2.5 bn FPO faces critical final day amid Hindenburg turmoil

Adani is seeking to execute the landmark share sale just as it refutes allegations by Hindenburg that the Indian conglomerate used a web of companies in tax havens to inflate revenue and stock prices

Construction & infra firms among biggest wealth destroyers in past 20 years

They first reported a surge in stock prices and then all went downhill

Adani group hits back at Hindenburg, insists made full disclosure

Adani's response stated that over the past decade, its group companies have "consistently de-levered"

Gautam Adani's $2.5 bn share sale faces crucial day after rout in stocks

For 60-year-old Adani, the stock market meltdown has been a dramatic setback for a school-dropout who rose swiftly in recent years to become the world's third richest man

Sebi may probe short selling to hammer down Indian markets: Report

The votaries of short selling consider it as a desirable and an essential feature of a securities market

IIFL Securities December quarter profit after tax down 25% to Rs 64 crore

Total income also dropped 6 per cent to Rs 347 crore for the quarter under review from Rs 368 crore in the quarter ended on December 31, 2021

Persistent Systems hits 9-month high; rallies 15% in 3 days post Q3 results

The company's strong performance in recent years, healthy order book, and strong deal pipeline indicate an encouraging demand trend, said Motilal Oswal

Analysts cautious on IndusInd Bank despite all-round beat in Q3; here's why

Nuvama Institutional Equities has downgraded IndusInd Bank's stock to 'hold' from 'buy'

Hindustan Unilever's royalty hike move hits investor mood, stock dips 4%

Brokerages cut earnings given pressure on margins but see stock performing in long term

ONGC gains 2%, hits over 6-month high on hopes of strong earnings growth

According to Motilal Oswal, 2023 is likely to be a defining year for ONGC with two prominent triggers-- a rise in domestic oil & gas production, and a possible floor on gas realization

Adani Enterprises underperforms in run-up to FPO; slips 14% in last 1 month

Adani Enterprises is planning to launch its Rs 20,000-crore follow-on public offer (FPO) before the Union Budget on February 1

Speciality Restaurants hits new high ahead of EGM; zooms 41% in one month

On December 21, the board approved an issue of 6 million warrants, each convertible into 1 equity share of the company at a price of Rs 212.05 to allottees other than promoters

2022: A very unusual year

Last year was a nightmare best forgotten. This year started on a strong note for investors, but private markets are still due for a further shakeout

Indian IPOs lit up after listing even as major global markets flashed red

India's outperformance vis-a-vis other markets happened in a year that witnessed high inflation, rising interest rates, and a bloody war in Europe

Infosys strong TCV, deal wins in Q3 lend comfort amid macro risks: Analysts

Infosys Q3 review: The company is likely to benefit from vendor consolidation opportunities, gain market share and see margin expansion going ahead, say analysts

Titan Company slips 2% to hit over four-month low; down 14% from 52-wk high

The stock was trading at its lowest level since August 23, 2022 and has slipped 8% in the last eight trading days