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…

Rekha Jhunjhunwala raises stake in NCC; ICICI Direct sets target at Rs 110

Rekha Jhunjhunwala, wife of late investor Rakesh Jhunjhunwala has raised stake in construction firm Nagarjuna Construction Company (NCC) during the October to December 2022 quarter. According to the shareholding pattern…

Archean Chemical shares at Rs 760? ICICI Securities sees 33% upside on this newly-listed stock

ICICI Securities has initiated coverage on recent debutant Archean Chemical Industries with a ‘Buy’ rating and a target of Rs 760. The target price suggested a 33 per cent potential…

National Standard shares extend gains, jump 20% to hit upper circuit today

Shares of National Standard (India) jumped 20% per cent to hit their upper price band of Rs 5,710.60 in Friday’s trade over its previous close of Rs 4,758.85. At today’s…