First Abu Dhabi Bank PJSC is among potential suitors for a roughly $5 billion stake in India’s Yes Bank Ltd., according to people with knowledge of the matter. Continue Reading »
While most companies are expected to show moderate earnings growth in the June quarter, the brokerage has identified four firms that are likely to report a double-digit decline in their net profit for Q1FY25. Let's delve into the details. Continue Reading »
BofA analysts predict a narrow risk-reward range for HDFC Bank's stock over the next 12 months, following its 20 percent rise from February lows, partly driven by index weight optimism. Continue Reading »
Gold's rally in the first half of calendar year 2024 highlights its potential as a safe haven despite rising rates. Can geopolitical tensions and a Fed pivot fuel further gains? Continue Reading »
Sahaj Solar IPO subscriptions start on July 11 and end on July 15, priced at ₹171-180 per share. Retail investors get 35%, QIB 50%, and NII 15% allocation. Company offers solar solutions with expertise in PV modules, solar pumping systems, and EPC services. Continue Reading »
Top Gainers and Losers Today : The Sensex lost 426.87 points, or -0.53, to settle at 80351.64, while the Nifty lost 108.75 points, or -0.45, to close at 24433.2. Continue Reading »
Emcure Pharma's IPO saw strong investor interest, with oversubscription rates of 67.87 times. Post-listing, shares rose 4.5% to Rs. 1384, reflecting confidence in the company's future. Shivani Nyati of Swastika Investmart suggests holding positions with a stop loss at Rs. 1200. Continue Reading »