Tata Consumer shares: Market cap of the firm rose to Rs 1.05 lakh crore on BSE. A total of 2.16 lakh shares of the firm changed hands, amounting to a turnover of Rs 22.74 crore.
Domestic brokerage firm SMIFS has suggested three stocks- Reliance Industries, Engineers India and Mangalore Refinery and Petrochemicals- to bet amid the scarce opportunities.
The Tata Group stock touched a record high of Rs 494.85 on September 27, 2024. It has seen very high volatility in the last one year as its beta stands at 1.5.
Shares of Quess Corp surged over 7 per cent during the trading session on Wednesday after the company announced to fix the record date for its demerger, which is set to create three listed entities.
Nomura believes that pharma tariffs may not be imposed today, but postponed to a later date. It said the US may reiterate its stance on tariffs for drugs manufactured outside the US in due course.
The multibagger stock rose 2.48% to Rs 1421.15 on Tuesday against the previous close of Rs 1386.80 on BSE. Market cap of the firm stood at Rs 653.73 crore.
Premier Energies has higher cell capacity but, overtime, Bernstein sees Waaree Energies with higher likelihood of integrating backwards to ingot-wafer.
IndusInd Bank's net interest income (NII) is seen falling 7 per cent YoY to Rs 5,000 crore from Rs 5,376 crore YoY. Non-interest income is seen dropping 13 per cent YoY to Rs 2,170 crore.
Stocks including Tata Steel, Power Grid, Tata Consumer Products, Coal India, NMDC, JSW Energy, RITES, Siemens, Hindustan Copper will be in the spotlight on Wednesday, April 02.
Nifty futures on the NSE International Exchange traded 9.50 points or 0.04 per cent down, at 23,312, hinting at a negative start for the domestic market on Wednesday.
An analyst from Master Capital said that Poonawalla Fincorp has decisively broken out of its long-term descending trendline, confirming a trend reversal.
Jio Financial: The company recently said it has been allotted 8.50 crore equity shares of Jio Payments Bank Ltd (JPBL) for Rs 85 crore. Prior to this, Jio Financial announced the acquisition of 7.9 crore shares of JPBL from the State Bank of India (SBI) for Rs 104.5 crore.
Domestic Brokerage firm JM Financial has cut its target price of One97 Communications, the parent company of Paytm, but it has maintained its buy rating on the stock.
Bears tightened their grip on Dalal Street today after Trump said he would impose 'reciprocal' tariffs to match the duty rates other countries have imposed on US products.
Nuvama said the acquisition may boost ITC’s paper capacity to 1.3 mmt from 0.8 mmt. It may particularly boost ITC’s market share in the pulp, paper, and sustainable packaging industry, consolidating its leadership position.
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