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Stunning images are captured from Scotland to as far south as Kent and East Anglia - and those in northern areas may get another glimpse on Friday night. Continue Reading »
TCS' earnings before interest and tax, or Ebit, margin at 24.1%, which fell 60 basis points sequentially, and was much lower than Street’s estimate of 24.9%. Continue Reading »
Following a QIP to raise ₹50 crore, Gujarat Toolroom's share price hit the 5 per cent upper circuit at ₹13.05. The funds will support the company's growth objectives. It also declared a 100% dividend, reflecting robust cash flow. Continue Reading »
Stock Check: Divi's Laboratories share price rose 12.02% this week, driven by Citi Research's 'buy' rating and a target price of ₹6,400. The stock hit a 52-week high of ₹6,106.50, with a year-to-date surge of over 55%. Continue Reading »
Cummins India shares fell 6% after Goldman Sachs downgraded the stock to 'sell' and set a target price of ₹2,900, indicating a 23% downside. Factors include the rise of battery energy systems, a challenging macroeconomic landscape, and stricter emission regulations. Continue Reading »
Transformers & Rectifiers India share price saw a 5% increase to ₹720, totalling a gain of 21.5% over four days. The company reported a 1,274% rise in net profit and secured ₹1,031 crore new orders during the September quarter, increasing its total order book to ₹3,500 crore. Continue Reading »
Shrikant Chouhan of Kotak Securities believes that the markets are completely dependent upon global macros and geopolitical cues. Chouhan expects some time-based corrections if the markets fail to surpass the immediate highest levels of 26,277 and 85,978 on the Nifty and Sensex, respectively. Continue Reading »
Hyundai Motor India IPO opens on October 15, aiming to raise $3.3 billion through an offer for sale. The price band is set at ₹1,865 to ₹1,960 per share. Despite market challenges, experts expect steady growth and potential long-term returns. Continue Reading »