Tata Sons plans to sell Rs 9,300 crore slice of TCS

Tata Sons plans to sell Rs 9,300 crore slice of TCS

Mumbai: Tata Sons, the holding company of Tata Consultancy Services (TCS), plans to sell 23.4 million shares in India’s largest software services exporter for at least ₹9,300 crore on Tuesday, showed a term sheet issued by JP Morgan, the banker to the deal. The floor price for the stock, amounting to 0.65% of the company’s … Read more

Investors already made a killing in IPOs this year with returns of up to 180%. Check top 5 gainers – Top Gainers

Investors already made a killing in IPOs this year with returns of up to 180%. Check top 5 gainers – Top Gainers

Mar 07, 2024, 10:45:51 AM IST It’s already been a good year for IPOs with robust listing gains. Out of the 15 companies that made their way to the bourses, only 4 companies opened in the negative while the rest brought cheer to investors. Here are the top 5 IPOs so far in 2024 that … Read more

150 companies of central forces to arrive in Bengal in first week of March

150 companies of central forces to arrive in Bengal in first week of March

Representational image of paramilitary personnel. Security personnel will be deployed in two phases in all parts of West Bengal by March 7 | Photo Credit: ANI Around 150 companies of central forces are likely to reach West Bengal in the first week of March primarily to conduct route marches ahead of the Lok Sabha polls, … Read more

Despite promoter stake sale, these 7 stocks clocked double-digit gains in 2 months

Despite promoter stake sale, these 7 stocks clocked double-digit gains in 2 months

The quarter gone by saw promoters of several companies offload shares in the open market, with atleast 28 of them seeing the holding fall by more than 100 basis points sequentially. Even after this selling, some of the stocks have managed to give double-digit returns in just two months. ETMarkets scanned through the quarterly shareholding … Read more

For a better equation of desire and risks: 4 small cap stock from different sectors

For a better equation of desire and risks: 4 small cap stock from different sectors

The higher the Relative Valuation component score, the better it is. Synopsis While the desire to own small caps is high, it is very important to manage the risks of investing in them, they may either give very high returns or just make your capital under perform significantly. For enthusiasts and steadfast supporters of small-cap … Read more

These 26 companies saw over 25% drop in Q3 sales, PAT; are they still worth betting on?

These 26 companies saw over 25% drop in Q3 sales, PAT; are they still worth betting on?

The December quarter show of India Inc though, was broadly in line to slightly better than street expectations, there were exceptions which failed to cheer up investors with good numbers. Around 26 companies, with a market capitalisation of over Rs 2,500 crore, reported atleast 25% year-on-year (YoY) fall in both revenue and profits in the … Read more

Heavyweights lag, but new leaders give wings to rally

Heavyweights lag, but new leaders give wings to rally

Mumbai: The dynamics of stock leadership on Dalal Street has undergone a change of late with stalwarts of the recent past taking a backseat and giving way to new stars. Gone are the days when bluechip consumer, private financials and information technology (IT) dominated the performance of the Nifty for nearly a decade. Now, the … Read more

Betting Big! MFs raise stake in 30 stocks for 3 straight quarters, 11 turn multibaggers

Betting Big! MFs raise stake in 30 stocks for 3 straight quarters, 11 turn multibaggers

In atleast 30 stocks, mutual funds have increased their stake consistently in the last three quarters, and their bullish stance alongwith the positive market sentiment saw around 11 of them giving multibagger returns in the last 10 months. What’s also interesting to note is that all the 30 companies have reported atleast 20% year-on-year (YoY) … Read more

What to expect from SBI shares going ahead? Sandip Sabharwal answers

What to expect from SBI shares going ahead? Sandip Sabharwal answers

“Largecap results in general have been below par except for few sectors like pharma, auto which have stood out. IT sector results were okay, nothing very great, so that is the big issue with the markets that on the large capside there are very few companies which can drive the index further higher,” says Sandip … Read more

China stimulus lifts local metal shares

China stimulus lifts local metal shares

Mumbai: Shares of metal companies surged on Wednesday as China’s move to prop up its economy is seen boosting demand and prices of metals, but experts remain skeptical of this rally sustaining till there are definitive signs of stronger growth in the world’s second-largest economy.Hindalco Industries, Tata Steel, JSW Steel, Jindal Steel and Power, Steel … Read more