Cyient Limited shares on Monday hit a new 52-week high of Rs 1,230.20 on the NSE. It was trading at Rs 1,197.45 at 10:40 am and was up Rs 37.80 or 3.26% from Friday’s closing price. The stock has shot-up nearly 10% in two trading sessions, reacting to the strong Q4 earnings posted by the … Read more
Indian market closed in the red for the third consecutive day in a row on Thursday. The S&P BSE Sensex fell more than 100 points while Nifty50 closed below 17900 levels. Sectorally, buying was seen in capital goods, IT, power and auto while selling was seen in oil & gas, energy, telecom and banks. Stocks … Read more
Once again volatility is back, down one day, up another. During the period of correction and volatility, there were select stocks which were able to outperform and gained weight, by closing in green in a market which is under pressure. Also they also saw their rating improve. A number of them have seen their score … Read more
NEW DELHI: , and L&T Technology Services are among six top BSE500 stocks (excluding banking and financials), which saw improvement in profit after tax (PAT) margin over the last four successive quarters. Data showed five out of these six stocks also outperformed the BSE Sensex in the last one year. Analyst estimates on five of … Read more
Abhimanyu Sofat, VP-Research, IIFL, explains why he thinks it makes sense to increase allocation in private sector banks as well as SBI. He is also bullish on metal stocks for the next 3-4 months. Edited excerpts from an interview. What would be the key highlights from some of the numbers and guidance that IT companies … Read more
HYDERABAD: Engineering and digital technology solutions provider Cyient has announced agreeing to acquire the Australian consulting firm IG Partners to strengthen its digital capabilities in the energy and mining industry. The Hyderabad headquartered firm, which did not disclose the terms of the transaction terming it as ‘confidential and remains conditional on regulatory approvals, said has … Read more