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Jefferies Bullish on Indian Hotels

Jefferies Bullish on Indian Hotels

Tue, Nov 19, 2024

Jefferies has set a target price of Rs 785 for Indian Hotels, expressing a positive outlook on the company’s performance. In this video, we discuss the reasons behind Jefferies' bullish stance, the potential growth of Indian Hotels, and the factors influencing its stock price.

IRCTC Dividend 2024: Railway PSU announces 200% interim dividend - Check record date and other details

IRCTC Dividend 2024: Railway PSU announces 200% interim dividend - Check record date and other details

Mon, Nov 04, 2024

IRCTC Dividend 2024: Indian Railway Catering and Tourism Corporation Ltd (IRCTC) on Monday announced the financial results for the July-September quarter of the financial year 2024-25. The Railway PUS has also announced an interim dividend.

Multibagger Stock: This smallcap scrip hits 5% upper circuit even as markets tumble

Multibagger Stock: This smallcap scrip hits 5% upper circuit even as markets tumble

Mon, Nov 04, 2024

Despite this fall, the shares of small-cap company Bharat Global Developers hit their upper circuit limit. The surge in price comes as the company bagged an order worth Rs 300 crore.

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Lupin gains after launch of new drug for treatment of heart disease in Canada

Lupin gains after launch of new drug for treatment of heart disease in Canada

Wed, Aug 30, 2023

Lupin Limited has also received approval from the United States Food and Drug Administration (USFDA) for its Abbreviated New Drug Application for Pirfenidone Capsules, 267 mg. Lupin will manufacture its Pirfenidone Capsules at its Pithampur facility in India.

SBFC Finance shares surge nearly 8% on strong Q1 results

SBFC Finance shares surge nearly 8% on strong Q1 results

Wed, Aug 30, 2023

The company’s net profit jumped 47 per cent to Rs 46.96 crore year-on-year. The Net Interest Income (NII) surged from Rs 80 crore to Rs 115 crore, representing a substantial growth of 43.7 per cent YoY.

KRBL’s Rs 325 crore share buyback at 27% premium to open from August 31, check key details here

KRBL’s Rs 325 crore share buyback at 27% premium to open from August 31, check key details here

Tue, Aug 29, 2023

The share buyback will only be available for investors who held KRBL shares as of the record date, August 25. The buyback will be settled by September 13. The registrar of the buyback is Alankit Assignments Limited.

LTIMindtree gains on partnership with CAST AI to optimise cloud cost management for businesses

LTIMindtree gains on partnership with CAST AI to optimise cloud cost management for businesses

Tue, Aug 29, 2023

LTIMindtree's Infinity platform will be integrated with CAST AI's cutting-edge cloud cost optimisation platform. This new integrated solution promises to manage and optimize cloud capabilities seamlessly, without requiring manual intervention.

Brightcom Group shares extend losses for third straight day, hit 5% lower circuit after SEBI crackdown

Brightcom Group shares extend losses for third straight day, hit 5% lower circuit after SEBI crackdown

Fri, Aug 25, 2023

Brightcom Group Ltd shares are under radar amid the Sebi probe into the alleged financial irregularities running into hundreds of crores. The company’s shares continued to hit lower circuits for the third straight day on Friday. The stock has plunged 16 per cent in the last four sessions since Tuesday, August 22.

Birlasoft hits fresh 52-week high after Nomura sees nearly 30% upside, forecasts strong growth

Birlasoft hits fresh 52-week high after Nomura sees nearly 30% upside, forecasts strong growth

Fri, Aug 25, 2023

Nomura expects Birlasoft to head towards industry-leading growth in the medium term. According to the brokerage, the ongoing organisational changes would drive stability and revenue growth for the company.

Welspun Enterprises gain more than 3% on acquiring majority stake in Michigan Engineers for Rs 137 crore

Welspun Enterprises gain more than 3% on acquiring majority stake in Michigan Engineers for Rs 137 crore

Tue, Aug 22, 2023

Authum Investment & Infrastructure Ltd (AII) divested a 36.05 per cent stake in Michigan Engineers to Welspun Enterprises for Rs 98.63 crore. Sansaar Housing Finance Ltd (SHF) also divested its remaining 14.05 per cent stake in MEPL to WEL for Rs 38.44 crore.

BHEL shares jump 10% on Rs 4,000 crore order win from Adani Power subsidiary

BHEL shares jump 10% on Rs 4,000 crore order win from Adani Power subsidiary

Tue, Aug 22, 2023

BHEL share price: BHEL will supply the boiler, turbine, and generator, as well as control and instrumentation equipment. The contract will also see BHEL supervise the erection and commissioning of a 2x800 MW power project based on supercritical technology at Madhya Pradesh’s Bandhaura.

Union Bank shares gain on board approval to raise Rs 5,000 crore through QIP

Union Bank shares gain on board approval to raise Rs 5,000 crore through QIP

Tue, Aug 22, 2023

The bank said that its Committee of Directors for Raising Capital Funds would meet on August 24. The committee will meet to discuss and approve the issue price as well as the potential discount.

Lemon Tree Hotels hits fresh 52-week high on signing agreement for two new properties in Bhubaneswar and Kasauli

Lemon Tree Hotels hits fresh 52-week high on signing agreement for two new properties in Bhubaneswar and Kasauli

Tue, Aug 22, 2023

The Lemon Tree Hotel in Bhubaneswar will feature 60 well-appointed rooms along with amenities like a restaurant, meeting rooms, a banquet hall, a swimming pool and a fitness centre. Lemon Tree Mountain Resort in Kasauli will feature 50 rooms and cottages.

Oriental Carbon Analysis by Sandeep Jain: Fundamentals & Growth | Jain Saab Ke Gems

Oriental Carbon Analysis by Sandeep Jain: Fundamentals & Growth | Jain Saab Ke Gems

Mon, Aug 21, 2023

Jain saab's GEMS: Why did Sandeep Jain choose Oriental Carbon today? Know from Sandeep Jain about the company's fundamentals, bullish triggers and targets.

Page Industries drops 4% as stock trades ex-dividend today

Page Industries drops 4% as stock trades ex-dividend today

Fri, Aug 18, 2023

For the first quarter of FY 2024 ending June 30, 2023, the company saw its net profit declining 23.5 per cent year-on-year to Rs 158.3 crore from Rs 207 crore fit in the corresponding quarter of the previous fiscal. Revenue also dropped 7.77 per cent in June quarter to Rs 1,240 crore compared to Rs 1,344.5 crore in the year ago period.

Newly-listed Yatharth Hospital surges 12% on strong Q1 results

Newly-listed Yatharth Hospital surges 12% on strong Q1 results

Fri, Aug 18, 2023

The company’s consolidated revenue grew 40 per cent year-on-year to Rs 155 crore in June quarter as against Rs 111 crore in the corresponding quarter in the preceding fiscal year. The company’s profit also increased 73 per cent to Rs 19 crore compared to Rs 11 crore in the year ago period.

Godrej Properties shares drop after 45% rise in Q1 net debt on aggressive land purchasing

Godrej Properties shares drop after 45% rise in Q1 net debt on aggressive land purchasing

Fri, Aug 18, 2023

In Q1FY24 alone, Godrej Properties acquired 3.7 million square feet in four land parcels with an expected booking value of Rs 6,450 crore. The total sales potential of all the projects stands at Rs 32,000 crore.

Nava shares drop 5% after production halted for two months at Odisha unit

Nava shares drop 5% after production halted for two months at Odisha unit

Thu, Aug 17, 2023

The affected plant produces 4,000 metric tonnes of silico manganese each month which is expected to be affected. The consumption of power of about 20 MW from the captive power plant has also been impacted, the company added.

Cipla shares drop after FDA temporarily suspends licence for Patalganga manufacturing facility in Maharashtra

Cipla shares drop after FDA temporarily suspends licence for Patalganga manufacturing facility in Maharashtra

Thu, Aug 17, 2023

The licence for Cipla’s manufacturing plant in Patalganga was suspended for 10 days for not conforming to good manufacturing practices under the Drugs and Cosmetics Act 1940. The order from the Konkan FDA was issued on August 10.

Aurobindo Pharma launches HIV triple combination product for children

Aurobindo Pharma launches HIV triple combination product for children

Thu, Aug 17, 2023

The generic drug has received tentative approval from the USFDA under the US President's Emergency Plan for AIDS Relief (PEPFAR) Programme. The drug will be used in the treatment of children aged three months or older between 6-25 kg in weight in the low and middle income countries, including India.

Lupin shares hit fresh 52-week high on the back of drug launch and USFDA approval

Lupin shares hit fresh 52-week high on the back of drug launch and USFDA approval

Thu, Aug 17, 2023

Pharmaceutical company Lupin has hit a new 52-week high price on the back of the launch of its generic drug to combat Chronic Obstructive Pulmonary Disease (COPD) as well as receiving approval from USFDA for another drug.

Hero MotoCorp shares under radar after company discloses Munjal family settlement agreement

Hero MotoCorp shares under radar after company discloses Munjal family settlement agreement

Wed, Aug 16, 2023

The company said that the Munjal family agreement pertained to 2016 and there has been no change in the management or control of Hero MotoCorp at present. The agreement was executed between then promoters-- late Santosh Munjal, Renu Munjal, Suman Kant Munjal, Pawan Munjal and Sunil Kant Munjal.

Ashok Leyland acquires OHM Global Mobility, to invest Rs 300 crore

Ashok Leyland acquires OHM Global Mobility, to invest Rs 300 crore

Wed, Aug 16, 2023

OHM Global Mobility becomes a 100 per cent subsidiary of Ashok Leyland and would house all its future E-MaaS business to bring greater focus. Ashok Leyland’s existing E-MaaS contracts will be transferred to OHM, subject to necessary approvals.

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