Mon, Apr 25, 2022
The overall pharma sector to report flattish March quarter earnings, however, a few companies to benefit from the US market, Nirmal Bang said in its preview report.
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Wed, Apr 20, 2022
According to ICICI Direct Research, the cement industry is to end the FY22 with sales volume growth of 9 per cent while cost inflation remains a key near-term concern for the sector.
Tue, Apr 19, 2022
ICICI Prudential Life Insurance Company reported robust earnings in the fourth quarter of the financial year 2021-22.
Wed, Apr 13, 2022
On Tuesday, Alembic Pharma arm got US FDA final nod for Lidocaine & Prilocaine cream USP, which is used to cause numbness before medical procedures.
Tue, Apr 12, 2022
Va Tech Wabag is a Rakesh Jhunjhunwala’s wife Rekha Jhunjhunwala’s portfolio stock. She holds 50,00,000 equity shares, which aggregates to over 8 per cent stake in the company, as per the December 20211 shareholding pattern on the BSE.
Wed, Apr 06, 2022
The demand for air conditioners is expected to remain strong, brokerages said. companies like Blue star are expected to be the biggest beneficiaries.
Tue, Apr 05, 2022
The company had reported a 10 and 7 per cent surge month-on-month basis in the two-wheeler and three-wheeler segment to 2,94,401 and 15,036 units respectively sold in March 2022.
Thu, Mar 31, 2022
Brokerages see this acquisition to provide visibility of consistent growth for the FMCG company and pointed out it may also provide a lot of synergistic benefits.
Wed, Mar 30, 2022
The shares of housing finance company were listed on August 24, 2021, at 7 per cent discount to Rs 329.95 per share on the BSE, as compared to its issue price of Rs 353 per share.
Wed, Mar 23, 2022
With the rising commodity prices, the overall outlook for the metal companies have improved. “Metals bucked the general trend today led by steel and aluminium stocks on the back of price hikes,” S Ranganathan, Head of Research at LKP securities in a post market comment said.
Billionaire investor Rakesh Jhunjhunwala has also invested in this stock and he owns 39,250,000 equity shares, which translates into 1.2 per cent shareholding in the company.
Tue, Mar 22, 2022
With fears of a fourth Covid-19 wave rising its head, hospital stocks are likely to come back in focus, many brokerages opine while putting Apollo Hospitals Enterprise Limited stock as their key bet.
Mon, Mar 21, 2022
The company gives 2G, 3G and 4G wireless services, mobile commerce, fixed line services, high-speed home broadband, DTH, enterprise services including national and global long-distance services to carriers.
Thu, Mar 17, 2022
Oil and Gas sector has been in the focus mainly on the back of softening crude oil prices and Russia reversing the flow of the Russian Yamal-Europe gas pipeline on Tuesday. Several brokerages picked Indraprastha Gas Limited (IGL) as best bet in the energy segment amid this crisis.
Wed, Mar 16, 2022
Tata Power has touched a peak of pre-covid levels that is 190 giga watts (GW) before summer, and it’s estimated to hit new peak of 215-220 GW during summer months of 2022.
Mon, Mar 14, 2022
Several brokerages are betting big on Cipla Limited stocks on the back of robust fundamentals, strong product pipeline in US and improved business outlook. They see an upside of up to 15 per cent in the stock price and find the current valuations attractive.
Fri, Mar 11, 2022
HDFC Bank shares have been surging in the last three sessions, however, were trading at 52-week low till last week. It closed over 1 per cent higher to Rs 1389 apiece on the BSE, Thursday.
Tue, Mar 08, 2022
Brent crude price has spiked to over USD 125/bbl as US and European allies are considering banning crude oil imports from Russia in response to its ongoing aggression in Ukraine.
Mon, Mar 07, 2022
On February 28, 2022, the company's board approved the proposal to enter into an agreement to manufacture 'Kurkure Puffcorn' for PepsiCo India Holdings Private Limited as a part of their network of co-packers.
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