Corporate actions this week: NMDC, Jupiter Wagons to go ex-dividend, South Indian Bank right issue and more

Corporate actions this week: NMDC, Jupiter Wagons to go ex-dividend, South Indian Bank right issue and more

There are a host of corporate actions scheduled for this week. Natco Pharma, Suprajit Engineering, NMDC, and Jupiter Wagons will trade ex-dividend, while The South Indian Bank‘s rights issue’s ex-date is fixed this week. On Monday, 26th February, Fineotex Chemical (Rs 1.2/share), Gateway Distriparks (Rs 0.75/share), Natco Pharma (Rs 1.25/share), Suprajit Engineering (Rs 1.1/share), and … Read more

Tailwinds at the right time: 7 pharma stocks with an upside potential up to 31 %

Tailwinds at the right time: 7 pharma stocks with an upside potential up to 31 %

After the IT sector it was the pharmaceutical sector which came into limelight as another big exporter from India. The valuations exploded and for a decade, pharma stocks were big wealth creators and also strong out performers. However, post 2014, both in terms of bottomline and stock price performance, pharma stocks had been under pressure. … Read more

Stock screener: MFs, FIIs drool over these 10 stocks, earn double-digit returns

Stock screener: MFs, FIIs drool over these 10 stocks, earn double-digit returns

In the last three quarters, both FIIs and mutual funds have hiked stakes in at least 20 stocks but only 10 of them have rewarded the big boys of Dalal Street with double-digit returns so far in FY24. Topping the list of stocks with rising institutional ownership in FY23 is L&T Finance Holdings which has … Read more

These 4 pharma stocks touch their new 52-week lows

These 4 pharma stocks touch their new 52-week lows

Benchmark index Sensex closed higher by about 720 points to 60,566 on Monday. Despite the rally in the market, four stocks from the BSE Healthcare index slipped to touch their new 52-week lows. The 52-week low is the lowest price a stock has traded during the last one year. Some traders and investors use this … Read more

BEML, IGL, Zomato rally up to 24% this week; Natco, Yes Bank among top laggards on BSE500

BEML, IGL, Zomato rally up to 24% this week; Natco, Yes Bank among top laggards on BSE500

New Delhi: Domestic equity markets settled higher during the truncated week, thanks to upbeat economic data which boosted the morale of traders. Benchmark indices – BSE Sensex and Nifty50 – added 2 per cent each, whereas midcap and smallcap gauges also added over a per cent each. Fear gauge India VIX dropped close to 7 … Read more

Wondering what this earnings season has in store? Check out brokers’ sector-wise preview

Wondering what this earnings season has in store? Check out brokers’ sector-wise preview

A host of brokerages have come out with reports, offering insights into how various sectors performed in the June quarter and what investors should expect going into the results season. While a few sectors are yet to be previewed by analysts, those previewed are discussed below: IT sector Kotak Institutional Equities expect divergent performance across … Read more