Mumbai: The Adani Group is set to enter the estimated ₹75,000-crore wires and cables business, its proposed foray denting the stocks of incumbents Thursday, as competitive intensity increases in an industry that saw the entry of another large conglomerate a few weeks ago. Kutch Copper, a wholly-owned subsidiary of group incubator and flagship, Adani Enterprises, … Read more
Recovering from a significant market downturn is a testament to a company’s resilience and ability to bounce back. The Nifty Smallcap100 stocks have witnessed impressive recoveries from their 52-week lows, showcasing their potential for growth and investor confidence. Among them, KEI Industries, Raymond, Cyient, Tanla Platforms, Jindal Stainless, RBL Bank, Kalyan Jewellers, and Suzlon Energy … Read more
Indian equity indices, tracking world markets, ended on a solid note near record highs on Wednesday amid bets that the Federal Reserve may announce a rate pause in its policy outcome late at night. Sector-wise, metal pack topped, while there was seen selling pressure in private banking and financial services basket. Here’s how analysts read … Read more
has rallied more than 70% from its February lows to hit a fresh record high in October 2022 but soon lost momentum. Fundamental factors suggest that a new high is in the offing. Investors who missed the rally can still look at buying the stock now or on dips for a target of Rs 1895 … Read more
NEW DELHI: Key benchmark indices Sensex and Nifty50 rallied in four of five sessions last week, producing a solid 1.4 per cent return each. At least 35 stocks from the broader BSE500 index, which is up for the last seven sessions, delivered double digit returns for the week, with every one of five index constituents … Read more