Tech Mahindra Share Price Live Updates: Tech Mahindra’s Recent Performance
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Category: Business News
Track key corporate news, quarterly earnings summaries, startup funding updates, executive movements, and major company announcements across leading industries.
Britannia Share Price Live Updates: Britannia’s Stock Performance Today
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Dr Reddys Share Price Live Updates: Dr. Reddys Current Price Update
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Kotak Mahindra Bank shares fall 3% after CEO’s surprise exit. What Nomura, Jefferies said
Analysts at Nomura and Jefferies, however, maintain ‘Buy’ ratings, with Nomura highlighting Anup Kumar Saha as a strong internal candidate. Despite the leadership change, analysts believe the bank’s strategic direction will remain consistent.
Astral shares drop 6% after demerger. What should investors do?
Astral shares fell nearly 6% on Monday after the company’s board approved the demerger of its chemicals business into a newly incorporated entity, Astral Chemie. According to an exchange filing, the Composite Scheme of Arrangement also includes Astral Limited and Al-Aziz Plastics. The stock hit a low of Rs 1,389 amid the development and approval…
Persistent Systems shares slide 8% after Nagarro deal; Elara retains ‘Sell’ on growth, margin worries
Persistent Systems’ shares dropped significantly following its announcement to acquire German digital engineering firm Nagarro for approximately EUR 1.27 billion. While this move aims to boost European presence and revenue, analysts express concerns about near-term growth and profitability impacts due to the premium acquisition price and Nagarro’s weaker financial performance. The deal, financed by a…
Global Market: Japan govt urges BOJ policy coordination as it targets faster economic growth
Japan is aiming for over 1% real economic growth annually, a significant jump from its recent average. This ambitious plan, detailed in a draft policy, seeks to boost domestic growth through increased public-private investment and a focus on strategic industries. The government also intends to manage its debt while pursuing expansion, emphasizing close coordination with…
US Stock Market: Wall Street eyes jobs data as rate hike bets and tech volatility intensify
Indian investors are keenly watching US jobs data this week for economic health and interest rate cues. Tech stocks, especially chipmakers, are under scrutiny amid valuation concerns. Strong hiring could mean higher rates for longer, impacting equities. Geopolitical events in the Middle East also remain a key focus, influencing oil prices and inflation.
Gold prices dip to Rs 1.43 lakh/10 grams, silver below Rs 2.23 lakh/kg. What lies ahead?
Gold and silver prices traded lower on MCX on Monday as renewed Middle East tensions and expectations of further US Federal Reserve rate hikes pressured the non-yielding precious metals. Gold futures fell 0.4%, while silver futures declined up to 0.3%.
Interglobe Aviation among 4 stocks flashing bullish signals, hinting at a possible uptrend
Four Nifty500 stocks formed a bullish White Marubozu pattern, signalling strong buying interest throughout the session. Mahindra & Mahindra Financial Services, Tata Motors, Asahi India Glass and InterGlobe Aviation featured on the scanner.