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While the spectrum auction was uneventful, limited additional investment by telecom companies and their recent tariff hikes should boost profitability Continue Reading »
Stock market today: Nifty 50 lost 18 points, or 0.07 per cent, to settle at 24,123.85, while Sensex slipped 35 points, or 0.04 per cent, to close at 79,441.45. Continue Reading »
Ganesh Green Bharat IPO set to launch on July 5 with a price band of ₹181-190. Retail investors need to apply for a minimum of 600 shares, costing ₹1.14 lakh. Company engages in solar PV modules production and completed projects under government schemes. Continue Reading »
Nomura's positive outlook on Indian IT sector is driven by revenue growth bottoming out. Top picks: Infosys, Wipro, TechM, Coforge, Birlasoft. Continue Reading »
Godawari Power and Ispat's shares have surged by 200% in the past 13 months, closing positively for 10 out of 13 months. The company has shown a remarkable 1918% increase in the last 5 years and 4640% returns in the past 8 years. Continue Reading »
EPL shares jumped 8.5% in today's trade to reach 11-month high at ₹219/share. The stock has grown 22% since April but is still 32% below peak. Domestic brokerage firm Systematix Institutional Equities retained its ‘buy’ call on the stock with a TP of ₹264 apiece. Continue Reading »
Vraj Iron and Steel IPO listing date set for tomorrow. Vraj Iron and Steel IPO subscription status strong with 119 times on final bidding day. Non-institutional investor quota subscribed 208.81 times. Analysts estimate IPO GMP between ₹20 and ₹90 signaling a solid listing. Continue Reading »