Beating the Tatas and the Adani Group stocks, Mukesh Ambani’s (RIL) has emerged as the largest wealth creator on Dalal Street in the last 5 years. With a gain of Rs 13 trillion, has emerged the largest wealth creator over 2017-22 and for the 4th fourth time in succession, shows ‘s wealth creation study. This … Read more
If we go by what Securities says, two companies, namely and , are expected to contribute up to 65 per cent of the incremental earnings in the June quarter. Motilal Oswal said, excluding the two companies, net profit for Nifty50, as a pack, may grow 13 per cent YoY in the June quarter. Including them, … Read more
New Delhi: Shares of Reliance Industries Ltd declined 3 per cent in early trade on Monday, after the company’s March quarter earnings failed to cheer investors. The stock has been quoting lower for the past many days and further slumped 3 per cent to Rs 2,542.10, amid a weak trend in the broader market. At … Read more
New Delhi: Five of the top-10 most valued firms together added Rs 67,843.33 crore in market valuation last week, with Hindustan Unilever Limited and Reliance Industries emerging as the biggest gainers. While Reliance Industries, HDFC Bank, Hindustan Unilever, Bharti Airtel and HDFC emerged as the gainers from the top-10 pack, Tata Consultancy Services, Infosys, ICICI … Read more
NEW DELHI: Eight of the top-10 most-valued companies together added Rs 81,250.83 crore in market valuation last week, with Tata Consultancy Services emerging as the biggest gainer. Only Reliance Industries Ltd and Infosys took losses in their market capitalisation for the week closed on Friday. Rest eight companies — Tata Consultancy Services, HDFC Bank, Hindustan … Read more
MUMBAI: Jefferies has initiated coverage on with a buy rating and a target price of Rs 2,600 as it sees the oil-to-telecom conglomerate as a proxy for India’s consumption growth story. The brokerage said that a transition from B2B to B2C and a potential stake sale in the O2C business will usher in the next … Read more