Crude-sensitive stocks, including oil marketers, paint, tyre manufacturers, and airlines, fell on Monday, January 13, as Brent oil prices surged past $81 per barrel. The rise follows expectations that new U.S. sanctions on Russia will impact crude supplies to China and India. Oil prices reached their highest level in over three months, driven by concerns … Read more
Indian benchmark indices BSE Sensex and Nifty ended with minor declines on Tuesday dragged by IT and bank stocks. While the 30-stock BSE Sensex finished at 78,472.87, falling by 67.30 points or 0.09%, the broader Nifty50 finished at 23,727.65, declining by 25.80 points or 0.11%. Domestic markets were closed today (Wednesday, December 25) on account … Read more
Grasim Industries, the flagship company of Aditya Birla Group, on Thursday reported a 66% fall in its consolidated net profit at Rs 390 crore in the second quarter, compared with Rs 1,164 crore in the last year quarter. Revenue from operations, meanwhile, rose 11% YoY to Rs 33,563 crore in the reporting period. EBITDA for … Read more
Apr 21, 2024, 12:11:01 PM IST 1/6 Shifting Sentiments Around 32 stocks witnessed buying by mutual funds over the past four months (November 2023 to February 2024) but turned to selling in March. Here are the top 5 stocks from the list, according to a report from Elara Capital. ETMarkets.com The stock witnessed continuous MF … Read more
Indian market is likely to trade higher on Thursday tracking positive global cues. The Nifty50 experienced a sharp correction on Wednesday, but it managed to hold on to the 22000 level towards the close of the trade. The market may go sideways after a sharp rise and that may be considered as healthy from the … Read more
Tata Consultancy Services. Share Price 3580.80 03:59 PM | 12 Sep 2023 100.16(2.87%) Larsen & Toubro. Share Price 2944.10 04:15 PM | 12 Sep 2023 49.91(1.72%) Infosys. Share Price 1501.10 03:59 PM | 12 Sep 2023 24.65(1.66%) Divi’s Laboratories. Share Price 3787.80 03:58 PM | 12 Sep 2023 51.56(1.37%) UltraTech Cement. Share Price 8571.65 03:56 … Read more
Global brokerage JPMorgan has maintained an overweight rating on and a neutral stance in case of Bharat Forge. Macquarie believes that Life Insurance will outperform while Nomura has a buy rating on . We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Macquarie on : Outperform | Target … Read more
on Monday reported a 1.5% YoY fall in standalone net profit for the quarter ended September to Rs 964.30 crore. However, the bottomline was higher than the ET Now poll of Rs 952 crore. Revenue from operations rose nearly 37% YoY to Rs 6,745.24 crore. Earnings before interest, taxes, depreciation and amortization (EBITDA) for the … Read more
We are in the last leg of the Q2 earnings season and here is a quick snapshot of the companies slated to announce their September results during the week: November 13: , Virtuoso Opto and among others will declare their Q2 results today. November 14: , Abbott India, , , GE Power, Apollo Tyres, , … Read more
Although a favourite of long-term investors for compounding wealth consistently over the last few decades, the stock of has hit a rough patch. The Nifty stock slipped another 3 per cent on Tuesday morning to hit a 52-week low of Rs 2,585.05. The stock is now down over 22 per cent year-to-date (YTD) and 11 … Read more