After receiving an upgrade from Morgan Stanley, Suzlon Energy’s shares jumped 5% to reach the upper circuit at Rs 62.37 on Tuesday. The international brokerage changed the stock’s rating from “Equal-weight” to “Overweight,” indicating a chance to purchase following the recent downturn. Previously set at Rs 78, the goal price was lowered to Rs 71….
According to a report by Axis Securities, the top 15 large-cap stocks that have produced the highest dividend yield over the past 12 months are Bharat Petroleum Corporation (BPCL), Vedanta, Coal India, Hindustan Zinc, Indian Oil Corporation, Oil and Natural Gas Corporation (ONGC), Power Grid Corporation of India, GAIL India, ITC, HCL Technologies, Hero MotoCorp,…
With 118% gains so far this year and over 130% in the past year, Zomato Stock has provided investors with multi-bagger profits. Experts, however, predict a 45% increase in this multibagger stock. Here’s why. Strong Q2 Results Zomato has performed well in the second quarter; the company’s Q2FY25 net profit rose 389% to ₹176 crore…
As Russia’s war against Ukraine intensified and Iran committed to cease producing uranium enriched near the level needed for nuclear weapons, oil fluctuated between gains and losses. After Ukrainian forces used Western-supplied missiles to launch their first attack on a Russian border territory, West Texas Intermediate fluctuated around $69 per barrel. President Vladimir Putin’s approval…
In early morning trading on Tuesday, November 19, shares of Ashoka Buildcon, a business that builds infrastructure and works on an EPC and BOT basis, increased by 7% to ₹245 per share. The stock rose after the company announced that it had received orders totalling ₹2,791 crores from the National Highways Authority of India (NHAI)….
As investors continued to sell off Honasa stock in the wake of poor Q2 results, the share price continued to decline during Tuesday’s session, reaching a new 52-week low. The share price of Honasa fell 18% today, reaching an intraday low of ₹242.60 on the BSE. Monday saw a 20% drop in the company that…
On Tuesday, November 19, morning trading on the BSE saw a nearly 8% increase in Zee Entertainment shares, one day after the business announced Punit Goenka’s resignation as managing director. Nevertheless, he will remain the CEO. In contrast to its closing price of 115.50, Zee Entertainment’s stock began at 118.05 and increased by as much…
Several companies announced lower-than-expected profits for the September quarter (Q2FY25), which was a negative outcome for Indian Inc. Investor concerns about a possible downturn in the Indian economy were heightened by this lacklustre performance, which led to a steep selloff in the financial markets. International investors have become more pessimistic about the Indian market as…
Over the past year, the Nifty 50 has outperformed the shares of Reliance Industries, the largest corporation in India by market capitalization. The Nifty 50 has produced a noteworthy 19% return during the same period, but Reliance’s stock has increased 7%. Experts, however, think Reliance may be ready for a change, pointing to the company’s…
On Monday, November 18, intraday trading saw a 4.3% increase in shares of PTC Industries, a manufacturer of engineering components, to ₹11,550 following the release of the company’s impressive September-ending quarter financials. Additionally, this increase put an end to the stock’s three-day run of declines. The total income increased 34% year over year (YoY) to…