Stocks in news: RIL, Bharti Airtel, Vedanta, Tata Power, Lupin

Stocks in news: RIL, Bharti Airtel, Vedanta, Tata Power, Lupin

Indian benchmark indices crashed nearly 3% on Monday following extremely weak trends in global equity markets amid fears of a slowdown in the US economy. In today’s trade, shares of RIL, Bharti Airtel, Vedanta, Tata Power, Lupin among others will be in focus due to various news developments and first quarter results. PFC, Vedanta, Tata … Read more

Hot Stocks: Brokerage view on RIL, IOC, PCBL and ICICI Bank

Hot Stocks: Brokerage view on RIL, IOC, PCBL and ICICI Bank

Brokerage firm Morgan Stanley maintained an overweight rating on RIL and an overweight rating on Indian Oil Corporation (IOC). Sharekhan recommended a buy on ICICI Bank and ICICIdirect has a buy rating on PCBL. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Morgan Stanley on RIL: Overweight| … Read more

Reliance Industries sitting on a Rs 90-crore loss in this smallcap stock

Reliance Industries sitting on a Rs 90-crore loss in this smallcap stock

Mukesh Ambani-led Reliance Industries (RIL) is currently sitting on a Rs 90 crore loss in a smallcap firm and a prominent player in film and television production Balaji Telefilms. In July 2017, RIL made an investment of Rs 413.28 crore in Ekta Kapoor-backed Balaji Telefilms. The conglomerate purchased 25.2 million equity shares at Rs 164 … Read more

As the world comes to India for G20 summit, here are D-Street’s top P20 stocks for your portfolio

As the world comes to India for G20 summit, here are D-Street’s top P20 stocks for your portfolio

NEW DELHI: As leaders of the world’s largest economies gather in New Delhi this week for the G20 Summit, a global consensus is emerging among investors recognising the potential of India’s economic and industrial prowess, making several sectors attractive to global investors. We reached out to money managers to filter out P20 (20 portfolio) stocks … Read more

Breakout Stocks: How Infosys, RIL and ICICI Bank are looking on charts for Monday’s trade

Breakout Stocks: How Infosys, RIL and ICICI Bank are looking on charts for Monday’s trade

The Indian market snapped a 6-day winning streak and closed lower on Friday as traders preferred to book profits at higher levels. The S&P BSE Sensex fell more than 800 points, while the Nifty50 closed below the 19,800 mark on Friday. Sectorally, some buying was seen in capital goods and infra stocks while selloff was … Read more

Nithin Kamath on RIL demerger: Companies should announce acquisition cost in advance

Nithin Kamath on RIL demerger: Companies should announce acquisition cost in advance

NEW DELHI: Billionaire Nithin Kamath, who owns and runs India’s largest stock broker Zerodha, on Friday said the decision of Reliance Industries (RIL) to announce the cost of acquisition for Jio Financial demerger on ex-date might have helped in better price discovery. “Companies normally take time, even after ex-date, to announce COA (cost of acquisition). … Read more

Mukesh Ambani’s Reliance has stock analysts most bullish in 7 years

Mukesh Ambani’s Reliance has stock analysts most bullish in 7 years

Analysts are at their most bullish on billionaire Mukesh Ambani’s Reliance Industries Ltd. since January 2016 amid a dip in the share price of India’s largest company. The stock is down 3% so far in 2023 compared with a gain of 1.5% in the S&P BSE Sensex Index, hurt in part by a decline in … Read more

Richer by Rs 13 trillion! RIL stock biggest wealth creator in last 5 years

Richer by Rs 13 trillion! RIL stock biggest wealth creator in last 5 years

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

Energy operations’ underperformance to mar RIL’s Q2 show, says Morgan Stanley

Energy operations’ underperformance to mar RIL’s Q2 show, says Morgan Stanley

Industries’ oil-to-chemicals (O2C) business in the September quarter has borne the brunt of headwinds faced by the energy market, and this is expected to weigh on its overall earnings, said Morgan Stanley. Shutdown of refineries, windfall taxes on fuel exports, and lower product cracks are likely to pull down the conglomerate’s earnings sequentially in Q2, … Read more