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Siemens shares fall 4.77% as Nifty gains

Shares of Siemens Ltd. traded 4.77 per cent down at Rs 7115.3 on Thursday at around 02:05PM (IST), while the benchmark BSE Sensex advanced 662.71 points to 81379.26.

Date : 18-07-2024
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Zee Ent. shares drop 7.88% as Sensex rises

Shares of Zee Entertainment Enterprises Ltd. traded 7.88 per cent down at Rs 143.2 at 02:10PM (IST) on Thursday, even as BSE benchmark Sensex gained 651.18 points to 81367.73.

Date : 18-07-2024
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Bajaj Auto shares dip nearly 4% after Q1 results. Brokerages see upside potential of up to 27%

Shares of Bajaj Auto dipped by 3.7% to a low of Rs 9,295.50 on BSE after the company posted a consolidated net profit of Rs 1,942 crore, an 18% YoY increase, which led to brokerages hiking target prices to as high as Rs 12,000 for the stock.

Date : 18-07-2024
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Mankind Pharma and EQT compete to acquire BSV Group for Rs 14,000 crore

Mankind Pharma is contending with a consortium led by Europe’s largest buyout group EQT and the Abu Dhabi Investment Authority (ADIA) to purchase BSV Group (formerly Bharat Serums and Vaccines) from Advent International, according to a report by The Economic Times. The acquisition is valued at approximately Rs 14,000 crore ($1.67 billion).

Date : 18-07-2024
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Nazara Tech shares tumble over 8% intraday post Rs 1,120 crore GST notice

Shares of online gaming and sports company Nazara Technologies on Thursday fell up to 8% to Rs 845.65 on BSE after two of its subsidiaries got show cause notices in relation to Goods and Services Tax (GST) with a total liability of Rs 1,120 crore.

Date : 18-07-2024
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Indian Rupee Opens Flat Against Dollar As RBI Intervenes

The Indian rupee opened flat on Thursday even as oil prices rallied, but consistent intervention by the Reserve Bank of India capped the dollar demand at around Rs 83.60.

Date : 18-07-2024
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Sati Poly Plast IPO Allotment To Be Finalised Today; How To Check Status

Sati Poly Plast IPO received an overwhelming response from the investors with an overall subscription of 499.13 times on the last day of bidding.

Date : 18-07-2024
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Rail stocks zoom up to 101% since Interim Budget. Is there still time to board the money-making train?

Had you bought PSU rail stock RVNL just before the interim Budget on February 1, your investment would have been doubled by now. Shares of Jupiter Wagons have rallied 64%, Oriental Rail 53% while Titagarh Rail Systems is up 56% with the combined market capitalization of top 12 rail stocks growing by about Rs 1.6 lakh crore during the period.

Date : 18-07-2024
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Hot Stocks: Brokerage view on L&T Finance, Aadhar Housing, Asian Paints, Zee Ent, Eicher Motors and LTIMindtree

Brokerage firm Citi has maintained a buy call on L&T Finance, while Goldman Sachs has a neutral call on Asian Paints. CLSA has a hold rating on Zee Entertainment, Goldman Sachs has a buy call on Eicher Motors, and Jefferies has an underperform call on LTI Mindtree. Meanwhile, Nomura has initiated coverage on Aadhar Housing Finance with a buy call.

Date : 18-07-2024
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Sensex rises 100 pts, Nifty above 24,600 steered by gains in bank & IT stocks

After opening in the red, Indian benchmark equity indices turned green on Thursday, led by financial and IT stocks.

Date : 18-07-2024
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Goldman Hits $1.30 Pound Bet In Just A Week As BOE Seen On Hold

The currency rose as much as 0.4% on Wednesday, pushing past $1.30, as traders pared bets on an interest-rate cut in August to roughly 30% after stickier-than-expected inflation data. Goldman last week recommended a tactical trade betting that level would be hit within two weeks, when the currency was trading around $1.28.

Date : 17-07-2024
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Asian Paints Q1 Results: Profit Dips 25% On Weak Demand, Price Cuts

first-quarter profit fell with revenues declining on account of a high base, price cuts and subdued demand.

Date : 17-07-2024
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PV Subramanyam calls Sebi’s move to start new asset class fantastic

Hailing Sebi’s move to start a new asset class to fill the gap between mutual funds and portfolio management schemes, PV Subramanyam, CEO, www.subramoney.com, says it is a fantastic move by SEBI because SEBI has acknowledged that people with Rs 10-15 lakhs are finding Rs 50 lakhs as a very big threshold to cross to enter PMS.

Date : 17-07-2024
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Govt should rationalise customs duty in Budget to boost domestic manufacturing: Indian Chamber of Commerce

The Indian Chamber of Commerce (ICC) has suggested the government to rationalise customs duties in various sectors including steel, solar battery, aluminum, and lithium cells in a bid to boost domestic manufacturing. Finance Minister Nirmala Sitharaman is scheduled to present the Union Budget for financial year 2024-25 on July 23.

Date : 17-07-2024
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25,000 Applicants Swarm For 2,216 Positions In Mumbai Airport Recruitment Drive

A recruitment drive for airport loaders at Mumbai airport led to a stampede-like situation on Tuesday. Over 25,000 applicants turned up for 2,216 vacancies, overwhelming the staff of Air India Airport Services Ltd., which provides ground handling services at major Indian airports

Date : 17-07-2024
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25,000 Applicants Swarm For 2,216 Positions In Mumbai Airport Recruitment Drive

A recruitment drive for airport loaders at Mumbai airport led to a stampede-like situation on Tuesday. Over 25,000 applicants turned up for 2,216 vacancies, overwhelming the staff of Air India Airport Services Ltd., which provides ground handling services at major Indian airports.

Date : 17-07-2024
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Apple to release these iOS 18 features on eligible iPhones by next year

Apple has released the iOS 18 public beta and stable general release is slated to commence from later this year, but the initial release will not bring all the features that Apple announced at its annual developer conference in June.

Date : 17-07-2024
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Go First heads towards liquidation after failed EaseMyTrip, SpiceJet bids

Creditors of Go First airline are moving towards liquidating the debt-laden carrier after failing to make headway with potential bidders – the consortium led by EaseMyTrip CEO Nishant Pitti and SpiceJet chairman Ajay Singh, and Sharjah-based Sky One Aviation.

Date : 17-07-2024
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Suzuki frames strategy for next 10 yrs for various markets including India

Suzuki frames strategy for next 10 yrs for various markets including India | Company News - Business Standard

Date : 17-07-2024
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Go First heads towards liquidation after failed EaseMyTrip, SpiceJet bids

Creditors of Go First airline are moving towards liquidating the debt-laden carrier after failing to make headway with potential bidders – the consortium led by EaseMyTrip CEO Nishant Pitti and SpiceJet chairman Ajay Singh, and Sharjah-based Sky One Aviation. Five months after receiving bids, banks and the prospective buyers have reached an impasse, leaving liquidation as the most viable option, according to a report by The Economic Times (ET).

Date : 17-07-2024
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L&T Expects To Win More Global Orders On Ratings Boost ...

(Bloomberg) -- India’s largest engineering and construction company Larsen & Toubro Ltd. expects its international business to get a boost while domestic market slows, after receiving global credit ratings higher than the sovereign’s.

Date : 16-07-2024
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Shriram Finance shares decline 1.77% as Sensex climbs

Shares of the Shriram Finance Ltd. traded at Rs 2834.15 on BSE at 02:00PM (IST) on Tuesday, down 1.77 per cent from previous close.

Date : 16-07-2024
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Jio Financial Services Q1 Results: Cons PAT falls 6% YoY to Rs 313 crore, revenue up 1%

Jio Financial Services on Monday reported a 6% year-on-year decline in its June quarter net profit to Rs 313 crore versus Rs 332 crore reported by the company in the corresponding period of the last financial year

Date : 16-07-2024
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Havells India shares gain 0.43% as Sensex rises

Shares of the Havells India Ltd. traded at Rs 1899.45 on BSE at 11:01AM (IST) on Tuesday, up 0.43 per cent. The stock quoted a 52-week low price of Rs 1233.1 and a high of Rs 1986.55.

Date : 16-07-2024
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ICICI Lombard shares gain 0.36% as Sensex rises

Shares of the ICICI Lombard General Insurance Company Ltd. traded at Rs 1882.8 on BSE at 11:52AM (IST) on Tuesday, up 0.36 per cent. The stock quoted a 52-week low price of Rs 1266.0 and a high of Rs 1895.0.

Date : 16-07-2024
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Is it time to revisit IT stocks after a tough two-three year period? Sanjeev Prasad answers

So, the conclusion, a lot of investors have probably drawn from whatever they have observed in the last three years and that is the reality for them, is that you will always make money in the market," says Sanjeev Prasad, Kotak Institutional Equities.

Date : 16-07-2024
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Stock Market LIVE updates: Sensex off record high, up 50 pts; HUL, Airtel rise up to 3%; RIL slips

Indian benchmark indices -- BSE Sensex and NSE Nifty50 -- hit fresh record highs on Tuesday, in the intraday trade, amid the ongoing June quarter (Q1FY25) results season.

Date : 16-07-2024
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Multibagger stock to split 1:2 on July 18, last day to buy today

Multibagger stock KPI Green Energy had announced July 18 as the record date for the purpose of its 1:2 stock split. This means that today is the last day to buy the shares in order to qualify for the split, since July 17 is a market holiday.

Date : 16-07-2024
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Hatsun Agro Shares Hit Over Two-Year High As Q1 Profit Rises 63%

Shares of Hatsun Agro Product Ltd. zoomed nearly 18% on Tuesday to the highest in over two years after its net profit jumped 63% in the first quarter of the current financial year.

Date : 16-07-2024
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Amara Raja among 17 stocks trading ex-dividend on Thursday. Last day to buy before record date

Companies such as Amara Raja, Can Fin Homes, and Praj Industries, among others, have declared dividends for eligible shareholders, setting the record date as July 18.

Date : 16-07-2024
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Amara Raja among 17 stocks trading ex-dividend on Thursday. Last day to buy before record date

Companies such as Amara Raja, Can Fin Homes, and Praj Industries, among others, have declared dividends for eligible shareholders, setting the record date as July 18.

Date : 16-07-2024
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India Playbook 2024 – Final Budget 2025 to focus on affordable housing

The overall theme of the Interim Union Budget 2025 was being prudent and focusing on long term growth. The fiscal deficit for F2025 had been estimated at 5.1% as against 5.8% in F2024. There were no populist measures either, in fact the overall subsidy has been reduced by ~8%.

Date : 16-07-2024
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Stock market update: Nifty Bank index advances 0.07% in an upbeat market

NEW DELHI: The Nifty Bank index traded positive around 11:25AM(IST)on Tuesday in an upbeat market.

Date : 16-07-2024
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Godrej Consumer declines 0.16% as Sensex climbs

Shares of Godrej Consumer Products Ltd. traded at Rs 1433.75 on BSE at 11:32AM (IST) on Tuesday, down 0.16 per cent from previous close.

Date : 16-07-2024
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Zomato Shares Hit Fresh Life High After Platform Fee Hike

Shares of Zomato Ltd. hit a life high as they surged nearly 4% following announcement of a platform fee hike. The fee has been raised to Rs 6 from Rs 5 previously.

Date : 15-07-2024
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Zen Technologies Launches AI-Powered Robots; Shares Locked In 5% Upper Circuit

Shares of Zen Technologies Ltd. were locked in 5% upper circuit on Monday after its introduced AI-powered robots and launched four products for the global defense market.

Date : 15-07-2024
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Stock Market LIVE: Nifty hits all-time high of 24,611; PSB, auto, pharma stocks lead broad rally

Stock market LIVE updates on Monday, July 15, 2024: Indian stock markets were trading in the positive zone on Monday. The BSE Sensex was quoting over 200 points, or 0.28 per cent, higher at 80,750. The NSE Nifty50, meanwhile, hit a record high of 24,611 in the intraday trade, crossing the 24,600-mark for the first time.

Date : 15-07-2024
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Veerhealth Care expects Rs 100 crore revenue in upcoming 2-3 years

Veerhealth Care on Monday said it is expecting to reach revenue of Rs 100 crore in the next 2 to 3 years. In a statement, the company said it has executed and delivered an export order valued at $50,000 (about Rs 41.50 lakh). Additionally, another export order valued at $197,793 (approximately Rs 165 lakh) is scheduled to be fully executed and delivered by the end of July.

Date : 15-07-2024
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Ashok Leyland shares rise 1.35% as Sensex climbs

Shares of the Ashok Leyland Ltd. traded at Rs 227.45 on BSE at 11:57AM (IST) on Monday, up 1.35 per cent from previous close.

Date : 15-07-2024
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Bajaj Auto Q1 Preview: PAT may grow 19% YoY; EBITDA margins to expand up to 100 bps

Two-wheeler major Bajaj Auto is likely to report healthy growth in its core earnings for the first quarter ended June 2024, led by increase in volumes and average selling prices (ASPs).

Date : 15-07-2024
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Multibagger IREDA Shares Hit Fresh Record After Q1 Profit Jumps 30%

Shares of IREDA rallied 9% to a fresh 52-week high of Rs 310 on BSE after the company reported a net profit of Rs 384 crore for the quarter ended June 30, 2024, compared to Rs 295 crore in the year-ago period.

Date : 15-07-2024
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Stocks, Gold, Bitcoin: Where should you invest for the rest of 2024?

Stock market strategy investment ideas: While investors have been adding to their equity holdings in the past few months, that took the S&P BSE Sensex and the Nifty 50 to all-time highs, it is silver that has given the best return in the first half of calendar year 2024 (H1-CY24) and gained over 30 per cent during the period.

Date : 15-07-2024
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HCL Tech shares surge 4% on Q1 profit beat. Time to hold or buy?

Shares of HCL Technologies on Monday rose 4% to the day’s high of Rs 1,627 on BSE after the company posted 20% year-on-year (YoY) growth in its consolidated net profit to Rs 4,257 crore for the quarter ended June 2024.

Date : 15-07-2024
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Zomato shares jump 4% to fresh all-time high on platform fee hike

Shares of foodtech firm Zomato on Monday jumped over 4% to hit a fresh all-time high of Rs 232 on BSE after it increased the platform fee to Rs 6 per order in key markets like Bengaluru and Delhi.

Date : 15-07-2024
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Budget 2024: FMCG sector seeks more spending in rural areas to push demand

In the lead-up to the Union Budget, the consumer sector is anticipating announcements that will drive rural growth. Over the past few months, the rural sector has already begun to show signs of increasing demand.

Date : 15-07-2024
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Tech stocks boost Nifty to fresh lifetime high, Sensex rises 200 pts

Indian blue-chip equity index Nifty50 traded at a new record high on Monday, driven by IT stocks on hopes of demand recovery and expectations of a U.S. interest rate cut in September.

Date : 15-07-2024
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CDSL, and Nestle among 16 stocks trading ex-dividend from Tuesday. Last chance to buy!

Companies like CDSL, IDBI Bank, IDFC, and Nestle India, among others, have declared dividends for eligible shareholders, with the record date set as July 16. Today is the last day to buy shares of these companies to qualify for the announced dividends.

Date : 15-07-2024
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LIVE BLOG Oil And Natural Gas Corporation Stocks Live Updates: Oil And Natural Gas Corporation Sees 2.04% Price Surge, EMA5 at 272.3

Welcome to the Oil And Natural Gas Corporation Stock Liveblog, your go-to platform for real-time updates and analysis on a top-performing stock. Stay ahead of the market with our in-depth coverage of Oil And Natural Gas Corporation, including: Last traded price 313.1, Market capitalization: 391749.89, Volume: 12428464, Price-to-earnings ratio 8.11, Earnings per share 38.42. Get a complete picture of Oil And

Date : 15-07-2024
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F&O Stocks to buy today: IOC, Voltas among top 9 trading ideas for 15 July 2024

Indian market is likely to trade higher on Monday tracking positive global cues.

Date : 15-07-2024
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Sensex rises! But these stocks are down 5% or more on BSE

NEW DELHI: Several stocks plunged in excess of 5 per cent in Mumbai trading on Monday even as equity benchmark BSE Sensex traded 84.85 points up at 80604.19 amid brisk buying in frontline bluechip counters.

Date : 15-07-2024
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Read more at: https://www.ndtvprofit.com/markets/multibagger-ireda-shares-hit-fresh-record-after-q1-profit-jumps-30-pc Copyright © NDTV Profit

Shares of Indian Renewable Energy Development Agency Ltd. hit fresh record high on Monday after its profit jumped 30% in the first quarter. The non-banking financial institution net profit jumped 30% year-on-year to Rs 384 crore in the quarter ended June 2024, the company said in an exchange filing after market hours on Friday.

Date : 15-07-2024
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