Vodafone Idea has made an exit from Nifty 500 index and Nifty Midcap 100 as part of a semi-annual rejig of NSE’s various indices. Vodafone’s current free-float market capitalisation stands at Rs 36,534 crore and the stock today ended at Rs 15.83, down by Rs 0.37 or 2.28% over the Thursday closing price. Vodafone’s exit … Read more
In addition to these scores, the report also contains trend analysis, peer analysis and mean analysts’ recommendations to help an investor make better & informed investment decisions. Synopsis A high return on equity is a result of two factors. First, the basic nature of the business, there are some businesses which require a constant dose … Read more
The domestic market recouped losses and closed marginally in the red on Tuesday amid weak global cues. The S&P BSE Sensex fell by over 100 points while the Nifty50 closed below 18,400 levels. Sectorally, buying was seen in energy, IT, and oil and gas stocks while some selling was visible in telecom, realty, auto, and … Read more
Mumbai: Shares of paper manufacturers rallied up to 10% on Wednesday on speculation there could be a price hike from September 1. But analysts warned against buying afresh at current levels as the stocks have run up substantially in 2022. Mills, , and gained 5% each while rose 8% on Wednesday. and shares surged more … Read more
Indian companies have struggled to meet investor expectations in the March quarter. But there are a few firms that have seen earnings upgrades after the fourth quarter. Out of the NSE 500 stocks, 20 have seen both earnings upgrades and upward price target revisions, according to Bloomberg analyst consensus estimates. These include , , , … Read more