Grasim Inds Share Price Live Updates: Grasim Industries falls below its 20-day Exponential Moving Average
Grasim Inds Share Price Live Updates: Grasim Industries falls below its 20-day Exponential Moving Average
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Grasim Inds Share Price Live Updates: Grasim Industries falls below its 20-day Exponential Moving Average
Sun Pharmaceutical Industries Share Price Live Updates: Announcement under Regulation 30 (LODR)-Credit Rating
BSE reported a significant 62% profit jump and 63% revenue increase for the first quarter. Investment income also saw a sharp rise during the reported period. Analysts maintained positive calls but reduced price targets due to regulatory changes. Industry volumes declined, impacting profit estimates for upcoming financial years. BSE shares experienced a slight decline after…
Several Nifty 50 stocks are now trading at significant discounts to historical averages. Bharti Airtel and Tata Consultancy Services show a 36% discount. Infosys trades at a 29% discount, while Apollo Hospitals is at 33%. Trent, the retail arm of Tata Group, is trading at a 27% discount. These sharp deratings present attractive opportunities for…
ICICI Securities initiated coverage on seven public sector banks with upside potential. Bank of Maharashtra and Union Bank of India show the highest upside projections. Indian Bank also received a Buy rating and a target price. Punjab National Bank and Bank of India are rated Add with moderate upside. Canara Bank and Bank of Baroda…
H.R. Hygiene Products is set to debut on the BSE SME platform today after its IPO was subscribed 6.26 times. Ahead of the listing, the grey market premium (GMP) stands at Re 1, indicating a modest 1% listing gain over the upper issue price of Rs 88. The company plans to use the IPO proceeds…
Kalyan Jewellers shares fell 3% after its June-quarter results highlighted margin pressure despite strong earnings growth. Consolidated net profit rose 32% year-on-year to Rs 348.7 crore, while revenue surged 45.7% to Rs 10,588.9 crore. Investors remained cautious as higher gold exchange volumes and promotional offers weighed on margins, offsetting the retailer’s robust sales performance.
The Indian stock market saw a rebound on Wednesday, with Sensex and Nifty 50 trading higher. Easing oil prices and strong foreign institutional investor buying boosted investor sentiment significantly. Bharti Airtel and IndiGo shares led the gains, while Titan experienced a slight decline. Broader markets also performed well, with midcap and smallcap indices showing gains….
Bharti Airtel shares rose 4% after the telecom major reported a 37% year-on-year jump in June-quarter net profit and an 18% increase in revenue. Brokerages remained bullish, with target prices implying up to 21% upside, driven by strong subscriber additions, higher ARPU and robust cash flows.
SpaceX has reported a reduced loss alongside increased revenue, mainly driven by its burgeoning Starlink business. With ambitions to dominate global internet services, Starlink’s subscriber count has now doubled. The company is heavily investing in artificial intelligence and infrastructure, aiming for an impressive $100 billion in annual revenue by year-end, while also planning to launch…