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Patel Engineering's stock has dropped 26% recently, but IDBI Capital's report predicts a recovery, giving it a 'buy' rating and a target price of ₹76. The company's solid order book, stable margins, and debt reduction strategy are key growth factors. Continue Reading »
Devina Mehra, founder of First Global, criticised the push for long working hours, challenging the belief that increased hours lead to higher productivity. Her remarks followed comments from L&T's SN Subrahmanyan advocating Sunday work, addressing issues like work culture and gender equality. Continue Reading »
Oil refiners in India and China have increased crude purchases from the Middle East and other regions amid concern that further restrictions on imports from Russia and Iran may crimp access to supplies. Continue Reading »
Top Gainers and Losers Today : The Sensex lost 241.3 points, or -0.31, to settle at 77620.21, while the Nifty lost 95.0 points, or -0.4, to close at 23526.5. Continue Reading »
Jefferies identifies Mahindra & Mahindra, Eicher Motors, and TVS Motor as top investment picks, projecting strong growth in two-wheelers and tractors. M&M's target price is raised to ₹4,075, reflecting robust sales and new EV model launches. Continue Reading »
Oil rose to a three-month high after another contraction in US crude stockpiles, driven by frigid winter weather, reflected a tighter global market. Continue Reading »
Total equity investment in Indian real estate recorded an all-time high of USD 11.4 bn in 2024, up 54 per cent (YoY) according to a report 'Market Monitor Q4 2024 - Investments' by real estate consultancy firm CBRE. Continue Reading »
The Nifty 50 ended the session with a drop of 0.40%, settling at 23,431 points, while the Sensex wrapped up the session with a drop of 0.31%, at the 77,378 level. It was the mid- and small-cap stocks that continued to be hammered by investors sharply in Friday's session. Continue Reading »