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Indian bond markets got a boost after the Reserve Bank of India’s (RBI) board last week approved the transfer of a whopping ₹2.11 lakh crore dividend to the government for the financial year 2023-2024, which was more than double the market had expected. Continue Reading »
Auto stocks have surged due to robust sales expectations in FY25, driven by a revival in the rural market and stable raw material prices. Two-wheeler market may outshine other segments. Experts anticipate continued growth in the medium-to-long term, with positive outlook for auto companies. Continue Reading »
Stock Market Today: DOMS Industries share price gained 10% during the intraday trades on Tuesday to all time high of ₹2035. The share price is up 150% over IPO price giving Multibagger returns to investors Continue Reading »
Remedium Lifecare bonus share record date: The company board has set record date on 6 July 2024 for finalization of eligible shareholders for issuance of bonus shares Continue Reading »
Cello World's share price fell 8% after Q4 results. FY24 revenues increased by 11.3% YoY. Management predicts rural demand growth in CY24, with revenue expected to rise by 15-17%. Brokerages maintain 'BUY' rating with a target price of ₹1,090, anticipating revenue and EBITDA growth in FY25-26. Continue Reading »
Inox Wind stock hits lower circuit at ₹147.65 after block deal at ₹151, a discount of 8%. Promoter entity likely seller. Stock up 460% in 1 year. Continue Reading »
Shares of Sumitomo Chemical rallied 9.3% to year-high post Q4FY24 results. It is up 43% from 52-week low. The net profit rose 52% in March quarter to ₹109.89 crore. Continue Reading »