BCL Industries board okays Rs 201 crore fund raising; stock up 35% in a week

BCL Industries’ share scripted a quick recovery from the early cuts. The stock rose in the early trade on Friday after the company announced to raise funds via convertible warrants. …

Cyient shares at Rs 1,100? Motilal Oswal sees 20% upside potential for IT stock

Shares of Cyient climbed 4 per cent in Friday’s trade after the company reported a strong set of quarterly results. Cyient on Thursday reported a 23.6 per cent year-on-year (YoY)…

Here’s why Anand Rathi sees 26% upside in Jhunjhunwala-backed Star Health stock 

Shares of Star Health and Allied Insurance Company are down over 34 per cent from its 52-week high of Rs 865.30, hit on January 18, 2022. However, the Jhunjhunwala-backed stock…

Goldiam International shares zoom 25% in three sessions; here’s why

Shares of Goldiam International zoomed 25% in three sessions after ace investor Ashish Kacholia bought stake in the company in the December quarter. The stock of the integrated manufacturer and…

‘Selling toys without BIS mark’: Centre comes up strongly on e-comm platforms; issues notices to Amazon, Flipkart, Snapdeal

E-commerce marketplace Flipkart on Thursday said that it is committed to democratising e-commerce for all in India and enabling lakhs of small businesses connect with customers through technology. The response…

HCL Tech shares fall after Q3 results, dividend announcement. Here’s why

Shares of HCL Technologies (HCL Tech) were trading 3 per cent lower in Friday’s trade, even as the IT major reported a strong set of results for December quarter and…

Sensex, Nifty drop in early gains; HCL Tech, Gujarat Gas, Radio City plunge up to 20%

Domestic equity indices could not sustain early gains and dropped sharply on Friday despite the positive cues from the global peers. Even moderation of inflation in both India and US…

MV Ganga Vilas to cost Rs 12.59 lakh for 51-day trip; PM Modi flags off world’s longest river cruise 

It would cost you over Rs 12.59 lakh for a 51-day trip to take the world’s longest river cruise MV Ganga Vilas from Varanasi to Dibrugarh. The ticket price per…

Vedanta Q3 preview: After softened commodity cycle, will mining major’s PAT tank 75% YoY?

Vedanta is likely to report a muted set of numbers in the December quarter. The mining major’s adjusted net profit may fall up to three-fourth on a year-on-year (YoY) basis,…

Infosys shares at Rs 1,900 or Rs 1,150? What analysts say on IT stock after Q3 results

Infosys’ third quarter revenue growth in constant currency (CC) terms at 2.4 per cent sequentially was strong while its order wins at $3.3 billion was largest since Q3FY21.  It also…