JSW Steel on Friday posted a sharp 85.50 per cent fall in its December quarter consolidated net profit to Rs 474 crore mainly on account of higher expenses. The firm…
Author: Admin
Q3 results previews: YES Bank, ICICI Bank and Kotak Mahindra Bank
Three major banks ICICI Bank, Kotak Mahindra Bank and YES Bank are among dozens of lending and non-lending and companies, which will announce their December quarter results on Saturday. While…
Varun Beverages shares rise 121% from 52-week low; more upside likely?
Shares of Varun Beverages have zoomed 121% from their 52 week low hit last year. Varun Beverages stock, which hit a yearly low of Rs 557.51 on February 24, 2022…
Bandhan Bank Q3 net profit dips 66%; NII drops 2% YoY
Private sector bank Bandhan Bank on Friday reported that its net profit dipped by 66 per cent to Rs 290.6 crore year-on-year due to decline in net interest margin. Its…
Buzzing stocks: Reliance Industries, JSW Steel, HDFC Life, HUL and more
Benchmark indices extended losses for the straight second session on Friday. Sensex fell 236.66 points, or 0.39 per cent, to close at 60,621.77. Nifty50 settled the day at 18,027.65, falling…
Wipro sacks freshers; 800 employees allegedly fired after internal test
Wipro, one of the top five IT companies in India, has terminated hundreds of fresher employees over poor performance after an internal test, Business Today has learned. The company responded…
Sensex shed 236 pts, Nifty at 18,028; Nureca zooms 20%, Coforge and Paytm rise 4% each
Domestic equity indices extended losses for the straight second session on Friday and settled lower. Fears of the global economic slowdown and hawkish US Fed jittered the market sentiments. Even,…
Shyam Metalics shares jump 5% as ICICI Securities sees 36% upside
Shares of Shyam Metalics and Energy rose nearly 5% today after ICICI Securities mentioned the stock as its top pick in the metal sector. The brokerage gave a target price…
Nykaa shares headed for 80% rally? Here’s why Kotak believes so
Nykaa, which is operated by its listed parent company FSN E-Commerce Ventures, is likely headed for an upside of 80 per cent, beleives Kotak Institutional Equities (KIE). The domestic brokerage…
What is needed from Budget 2023 to bring stability to the market? Here’s what money managers suggest
The Indian equity market is extremely cautious ahead of the Union Budget 2023 which is scheduled to present in the Lok Sabha on February 1. The benchmark equity index BSE…