New Delhi: Foreign brokerage firm HSBC Global Research retained its positive view on , with a ‘buy’ call, and increased the target price on the counter. The brokerage said improvement in semiconductor supply should help Jaguar Land Rover (JLR) volumes going forward, disproportionately benefiting the cash flows. Semiconductor supply is likely to improve every month … Read more
New Delhi: Ace investor Rakesh Jhunjhunwala likely exited the state-run aluminium miner () during the June 2022 quarter. According to the company’s latest filing, Jhunjhunwala’s name was missing from the key shareholders’ list as of June 30, 2022. Listed companies are obliged to release the name of shareholders holding one per cent or more stake … Read more
NEW DELHI: Seasoned investor Rakesh Jhunjhunwala on Thursday made over Rs 600 crore in intraday gains on notionally, as a business update by the Tata group company, his biggest stock bet, received thumbs up from analysts and Dalal Street investors. Within a few minutes into trading, shares of were trading 6.86 per cent higher at … Read more
New Delhi: The last week of June was a mixed bag for domestic equity markets as benchmark indices settled with marginal gains. Weak rupee, FII numbers, looming fear of recession and inflationary pressure continued to weigh on sentiments. However, strong auto sale numbers and decent GST collection in June lifted sentiments. Benchmark indices – BSE … Read more
Shares of , Jhunjhunwala’s biggest stock holding in value terms, have tanked over 23 per cent from the recent highs which essentially puts the stock in bear territory. The stock hit a 52-week high of Rs 2,767.55 on March 21, 2022, and a 52-week low of Rs 1,661.85 on July 20, 2021. It closed at … Read more
New Delhi: After a steep decline, water treatment company has been on a high lately, thanks to strong order wins. The company is among ace investor Rakesh Jhunjhunwala‘s top bets as his better half Rekha Rakesh Jhujhunwala owned 50 lakh equity shares or an 8.04 per cent stake in the company as of March 31, … Read more
New Delhi: Ace investor Rakesh Jhunjhunwala has trimmed his stake in the casino and recreation company , suggest media reports. According to ET Now, Jhunjhunwala, often called Big Bull, sold 25 lakh shares of Delta Corp between May 27-31. His holding in the company declined to 6.2 per cent from 7.5 per cent earlier. https://twitter.com/ETNOWlive/status/1531929870581653509?s=20&t=TXO_vqMNqqwZwqVuQRFpLw … Read more
NEW DELHI: Shares of Inox Wind tumbled 4 per cent on Wednesday after the company said it is raising Rs 402 crore through preferential issue of equity shares and convertible warrants. The firm said its promoters will infuse Rs 150 crore while a foreign company Samena Green will infuse Rs 152.5 crore. Lend Lease Company … Read more
New Delhi: Shares of recently listed Metro Brands zoomed as much as 14 per cent during early trade on Monday following a strong performance in the December quarter earnings. The footwear retail chain reported a 54.63 per cent year-on-year (YoY) jump in consolidated net profit to Rs 100.85 crore for the third quarter ended December … Read more
Nifty futures on the Singapore Exchange traded 47 points, or 0.26 per cent lower at 18,253.50, signaling that Dalal Street was headed for a negative start on Friday. Here are a dozen stocks which may buzz the most in today’s trade: HCL Tech, TCI, Gujarat Hotels: HCL Technologies, Company of India, , Swasti Vinayaka Synthetics, … Read more