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,…
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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…
HUL royalty hike to impact EPS, is against shareholders’ interest, say experts
Hindustan Unilever (HUL), the country’s largest pure play fast moving consumer goods (FMCG) company’s decision to hike royalty payment to its parent Unilever has drawn flak from minority shareholders. Yesterday,…
Paytm shares jump 4% today. Here’s why
Shares of One 97 Communications (Paytm) climbed 4 per cent in Friday’s trade amid hopes the company would be able to beat September 2023 breakeven guidance. The scrip rose amid…
Nureca shares rebound 25% from day’s low amid heavy volumes, up 17%
Nureca’s shares staged a smart recovery on Friday and jumped as much as 25 per cent from its day’s low price amid the heavy trading volumes. However, the stock has…
Up to 790% returns in 2 years! Here’re 10 biggest wealth creators from Tata group
Among 29 listed Tata group stocks, at least 12 stocks delivered over 100 per cent return in the last two years. Data compiled with corporate database AceEquity suggests 26 of…
Varun Beverages shares fall 21% from record high; can they still hit Rs 1,500 mark?
Shares of Varun Beverages have lost 20% from their record high in a month, leaving investors puzzled on the outlook of the multibagger stock. Varun Beverages stock, which hit at…
Bengaluru-based Exotel fires employees in latest layoff round
Exotel, a customer engagement platform based out of Bengaluru, has laid off 15 per cent of its employees in the latest lay off rounds, Business Today has learnt. In the…