Hot Stocks: Brokerage view on RIL, Cipla, Maruti Suzuki and Indian Hotels

Hot Stocks: Brokerage view on RIL, Cipla, Maruti Suzuki and Indian Hotels

Brokerage firm Macquarie upgraded RIL to neutral post Q2 results while Jefferies downgraded Cipla to hold. Also, Nomura maintained a neutral rating on Maruti Suzuki and Jefferies had a buy rating on Indian Hotels. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Macquarie on RIL: Neutral| Target … Read more

Top 3 most-valued stocks erode wealth in last 2 years. Are bluechips new backbenchers?

Top 3 most-valued stocks erode wealth in last 2 years. Are bluechips new backbenchers?

Going by how smallcap and even SME investors are minting money while bluechips are sulking in a lonely corner, the market is now going through one such odd-looking cycle where the underbelly is shining and the top looks dark. In the last 2 years, India’s three most valued stocks – Reliance Industries (RIL), Tata Consultancy … Read more

Reliance Retail Ventures gets Rs 2,000 crore from KKR

Reliance Retail Ventures gets Rs 2,000 crore from KKR

Global investment firm KKR is investing another ₹2,069.5 crore through an affiliate in Reliance Retail Ventures (RRVL), holding company for the retail businesses of Reliance Industries (RIL). KKR’s follow-on investment will translate into an additional equity stake of 0.25% in RRVL, according to a press release issued on Monday, which added that this takes the … Read more

Stocks to buy today: RIL, IOC among top 10 trading ideas for 11 September

Stocks to buy today: RIL, IOC among top 10 trading ideas for 11 September

Indian market is expected to consolidate on Monday tracking mixed global cues. The S&P BSE Sensex rose more than 200 points while the Nifty50 closed above 19800 levels on Friday. India VIX was down by 0.83% from 10.87 to 10.78 levels in the previous session. Volatility has been cooling off from the last three weeks … Read more

Everything you need to know about Ambani scions who’ll take over Reliance Industries – Passing the Baton

Everything you need to know about Ambani scions who’ll take over Reliance Industries – Passing the Baton

NTPC Share Price 230.70 03:59 PM | 01 Sep 2023 10.40(4.72%) Oil & Natural Gas Corporation Share Price 181.75 03:59 PM | 01 Sep 2023 7.60(4.36%) JSW Steel Share Price 806.40 03:59 PM | 01 Sep 2023 26.75(3.43%) Tata Steel Share Price 127.05 03:59 PM | 01 Sep 2023 4.15(3.38%) Maruti Suzuki Share Price 10331.25 … Read more

Next generation of Ambanis set to enter RIL boardroom

Next generation of Ambanis set to enter RIL boardroom

Reliance Industries Ltd (RIL) chairman Mukesh Ambani said his three children – daughter Isha and sons Akash and Anant – will be inducted on the board as non-executive directors. He will continue as chairman and managing director for another five years, he announced at the RIL annual general meeting (AGM) on Monday. Additionally, wife Nita … Read more

Mukesh Ambani’s children join Reliance Board; Nita Ambani to step down

Mukesh Ambani’s children join Reliance Board; Nita Ambani to step down

Nita Ambani. File | Photo Credit: Special Arrangement The Board of Directors of Reliance Industries Limited (RIL), at its meeting held on August 28 on the recommendation of the Human Resources, Nomination and Remuneration Committee, considered and recommended to the shareholders for approval of appointment of Isha Ambani, Akash Ambani and Anant Ambani as Non-Executive … Read more

Motilal Oswal MF buys stake in Jio Financial for Rs 754 crore in bulk deal

Motilal Oswal MF buys stake in Jio Financial for Rs 754 crore in bulk deal

Domestic fund house Motilal Oswal Mutual Fund has bought 3.72 crore shares in Jio Financial Services in bulk deals on Friday. The transaction was done at Rs 202.8 apiece, which takes the deal value to about Rs 754 crore, according to exchange data. After hitting multiple lower circuits in the previous sessions, Jio Financial shares … Read more