Shares of Tata Steel have risen 45% from their 52-week low in nearly seven months. The metal stock hit a yearly low of Rs 82.71 on June 23, 2022. Of…
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Rapido to suspend all its services in Maharashtra; know why
After Bombay High Court warning of strict action, Rapido made a statement that it will suspend all its services in Maharashtra. Rapido was asked to suspend all its services, including two-wheeler…
Dose of caution needed, credit growth may slow down, cautions Axis Bank’s head Amitabh Chaudhry
While the Indian economy is growing despite geopolitical concerns, there is a need to be cautious and be aware of the risks around, said Amitabh Chaudhry, MD & CEO of…
Tesla cuts prices in US, Germany in pivot to drive sales
Tesla has cut prices on its top-selling electric vehicles in the United States and Germany, the automaker’s website showed, extending a new strategy of aggressive discounting after missing Wall Street…
Garden Reach Shipbuilders: Why ICICIDirect sees 30% upside in this Ramesh Damani stock
Garden Reach Shipbuilders & Engineers (GRSE) has got a buy rating from ICICIDirect Research as the brokerage firm has initiated coverage on the defence based public sector player. It has…
NCLT allows transfer of ownership of Jet Airways to Jalan-Kalrock consortium: Report
The National Company Law Tribunal (NCLT)’s Mumbai bench has allowed the transfer of Jet Airway’s ownership to the Jalan-Kalrock consortium (JKC), said a report on Friday. NCLT gave the consortium…
Wipro dividend history: How it stacks against TCS, Infosys and HCL Tech
The board of Wipro will consider dividend payments, if any, along with its quarterly results, later in the day. Data available with corporate database AceEquity suggests Wipro’s dividend yield stood…
Wipro shares halt 4-day winning run, slip 2% ahead of Q3 results today
Shares of Wipro fell in Friday’s trade, halting their four-day rising trend ahead of the December quarter (Q3 FY23) results, due later in the day. The stock slipped 1.98 per…
CG Power shares hit 52-week high; here’s the new target price
Shares of CG Industrial Power hit a fresh 52-week high in an otherwise weak market today. CG Power stock hit a yearly high of Rs 307.8, rising 4.45% against the…
L&T Tech shares tank 6% after inking pact with parent co to buy SWC business
Shares of L&T Technology Services (LTTS) fell more than six per cent in Friday’s trade after the company announced its decision to acquire the Smart World & Communication (SWC) business…