Droneacharya Aerial Innovations, which got listed on December 23, 2022, has rallied 307 per cent over its IPO issue price of Rs 54 apiece. On Tuesday, the scrip hit its…
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Axis Bank ICICI Bank, BOI, Federal Bank: Banks that Morgan Stanley prefers ahead of Q3 results
Morgan Stanley said it prefers banks with strong retail liability franchise, higher share of floating or repo-linked loans and excess liquidity. Such banks, the foreign brokerage in its Q3 earnings…
Now retail investors can invest in interim financing bonds; here’s how
LegalPay, which is the country’s largest litigation funding platform, has launched ‘Interim Financing Bonds’ that will allow retail investors to participate in a segment that is largely seen as an…
ICICI-Videocon loan fraud case: Chanda Kochhar, husband Deepak released from jail
Former ICICI Bank MD and CEO Chanda Kochhar and her businessman-husband Deepak Kochhar were released from jail on Tuesday morning. This came after the Bombay High Court ordered their bail,…
TCS headcount reduces for first time in 10 quarters; experts say indicator of slowdown
The headcount of IT services company TCS has gone down for the first time in 10 quarters as per the company’s Q3 FY23 results announced on Monday. Experts believe that…
Up to 250% jump in Q3 profit! What analysts say on Bharti Airtel shares ahead of Q3 results?
Bharti Airtel is the only Nifty constituent, which is expected to report more than doubling of December quarter profits. While the telecom operator is yet to announce date for its…
IRB Infra toll collection rises 32% in December; stock flat
The company had reported a toll collection of Rs 294.16 crore in December 2021. On a sequential basis, month-on-month comparison, the collection increased 6 per cent from Rs 365.96 crore…
Here’s why Sona BLW shares zoomed 8% in early trade today
Shares of Sona BLW Precision Forgings rose 8 per cent to hit a day’s high of Rs 456 in early trade on BSE on Tuesday after the company announced the…
Sensex tanks over 450 points, Nifty gives up 18k: Gland Pharma, Thyrocare & 17 others hit 52-week low
BSE stocks such as Gland Pharma, Thyrocare Technologies and Vodafone Idea are among 19 stocks that touched their respective one-year low levels in Tuesday’s trade. Indian equity benchmarks plunged in…
Tata Motors shares climb 7% on JLR sales data; Motilal sees 25% further upside on Tata group stock
Shares of Tata Motors climbed 7 per cent in Tuesday’s trade after the automaker said its global wholesales in December quarter, including that of Jaguar Land Rover, stood at 3,22,556…