New-age tech firms that listed on bourses have also been struggling. Zomato hit a 52-week low of Rs 50 on Tuesday, while Paytm parent One 97 Communications fell to Rs 518 apiece on Wednesday
Cost of inputs and funds, working capital needs and sales-mix key factors to influence prospects
Stock end at Rs 450, Rs 92 below issue price of Rs 542 a share
Peloton also signed a deal with JPMorgan Chase & Co. and Goldman Sachs Group Inc. to borrow $750 million in five-year term debt, underscoring its challenges
Valuations are pricing in some of the growth
A Covid flareup that shut down much of Shanghai appeared to worsen over the weekend after China ordered mandatory tests in a district of Beijing and locked down some areas of the capital
Total mcap erosion pegged at Rs 2.72 trillion; HDFC Bank falls for ninth straight day, down 3.73% to Rs 1,343.3. HDFC sheds 5.5% to Rs 2,138.7
Here are 10 stocks which are most popular with brokerages right now and are expected to deliver maximum upside over the next 12 months
The slide in Sri Lankan shares is leading the reversal in a broader gauge of Asia's frontier-market equities after it rallied in 2021.
Double-digit growth and improving profitability to drive earnings in FY23
The frontline indices are set to close FY22 with a double-digit return. The dark horse was the small-cap segment that outperformed its larger peers. Will this dominance continue in FY23 as well?
If price stability returns & the Ukraine war ends, demand recovery is expected to be healthy
Capital markets regulator Sebi on Wednesday imposed a fine totalling Rs 10 lakh on two entities for indulging in non-genuine trades in stock options on BSE.
Company will set up evergreen trust to manage the PSOP and award stocks over 5-7 years at near zero cost to service partners
US stocks have fallen nearly 8% so far this year, on track for worst annual start since 2009, and worries over intensifying conflict in Ukraine has shaken markets across world
Investors were preparing on Saturday for more wild gyrations in asset prices after Western nations announced a harsh set of sanctions to punish Russia for its invasion of Ukraine.
Around 65 companies or more than a tenth of the stocks which make up the index, have fallen more than 40%
The pan-European STOXX 600 climbed almost 1.5%. In Asia, where MSCI's broadest index of Asia-Pacific shares outside Japan rose 1.5% to a two-week high and the blue-chip Nikkei closed 1.08% higher
US 10-year yield heads for 2% as traders await CPI report
The S&P BSE IPO Index, which tracks firms for two years after their listings, has plunged about 10 per cent so far this year