Over the last one year, developers' average cost of construction has risen 10 - 12 per cent, owing to higher input cost due to supply-side constraints
After a sluggish demand due to Covid-19 induced lockdown, commodity inflation stares before consumer durables sector. However, analysts see a new ray of hope with expectation of a blockbuster summer.
Going ahead, technical charts indicate up to 15 per cent gains for the buzzing stocks of Tuesday.
Last week, the company approved an amalgamation scheme for the merger of its six wholly-owned subsidiaries with itself
After a blockbuster last year, Indian primary market is set to break its record in the next fiscal year. Our next report does a quick check on what's in store for the primary markets in FY23
Market regulator Sebi had directed Ruchi Soya to give the option to the FPO investors to withdraw their bids due to 'circulation of unsolicited SMSs advertising the issue'
54 companies plan to raise Rs 1.4 trillion in FY23 after 52 Indian corporates raised an all-time high Rs 1.11 trillion through initial public offers (IPOs) in FY22, Prime Database report said
According to reports, Canada Pension Fund was to sell its 0.56 per cent stake in the company in a price band of Rs 1,039 - Rs 1,077
The stock has gained 6 per cent in the last four trading sessions when compared with a 0.4 per cent gain on the benchmark.
Shares of drugmaker Aurobindo will be in focus as the company has acquired the domestic formulation business of Veritaz Healthcare on a slump sale basis at Rs 171 crore.
Petrol price on Monday was hiked by 30 paise a litre and diesel by 35 paise, taking the total increase in rates in the last one week to Rs 4-4.10 per litre
PVR and Inox have seen strong bounceback led by compelling movie content, rise in average ticket prices, and food and beverage (F&B) revenue per head surpassing pre-pandemic levels
Sebi's directive comes amid 'circulation of unsolicited SMSs advertising the issue'; the window for withdrawal shall be available on March 28, March 29 and March 30, 2022
Rai has been awarded the Padma Bhushan, India's third highest civilian award, in recognition of his services to the country
CLOSING BELL: Bharti Airtel, up 4 per cent, was the top gainer on the Nifty50 index, followed by Coal India, Axis Bank, Eicher Motors, ITC, SBI, ICICI Bank, HUL,IndusInd Bank, and Power Grid
The attractiveness of the buyback will be determined when the quantum and price of buyback is announced, said ICICI Securities in a note.
The wiring harness business benefits from the mega trends (of premiumization, increasing use of electronics, and electrification) playing out in the Auto industry, resulting in an increase in content.
Ruchi Soya said a meeting of the board of directors of the company is scheduled to be held on March 29, 2022, for the purposes of determining the issue price and the anchor investor issue price
The combined entity will become the largest film exhibition company in India with 1,546 screens, at around 50 per cent multiplex screen market share and around 42% box office collection market share
Inox Leisure may see a medium-term bullish trend, if the stock upholds the rally above Rs 480 levels
The stock of Emami has underperformed the market by falling 23 per cent in the past six months, as compared to a 5 per cent decline in the S&P BSE Sensex.
Till Friday, March 25, 2022, around 43.62 million equity shares had been tendered in the open offer, against 37.49 million shares proposed by Japan's Kubota Corporation
PVR and INOX Leisure are likely to be in focus after the two mega multiplex owners announced an all-stock merger on Sunday.
IPL 2022 CSK vs KKR: MS Dhoni scored his first fifty in three years to take Super Kings to 131/5. It wasn't enough as Knight Riders chased it down easily to win by 6 wickets. Rahane top-scored with 44
IPL 2022 Live Streaming: People can watch Ravindra Jadeja's Yellow Army take on Shreyas Iyer's Knights Live on the Star Sports Network. Hotstar will also Live Stream online and on its App
India has so far administered 1,828,768,476 vaccine doses. That is 4251.16 per cent of its total caseload, and 130.38 per cent of its population
The stock traded close to its 52-week low of Rs 194.25 touched on August 5, 2021.
CLOSING BELL: Titan Company, Tech M, Maruti Suzuki, Cipla, IOC, Nestle India, Hero MotoCorp, Eicher Motors, L&T, TCS, Wipro, and Tata Steel were the top laggards
In the past three months, the stock has outperformed the market by surging 45 per cent as the company delivered strong and consistent growth in December quarter.
The Nifty Auto index and the key stocks are trading near significant resistance levels while exhibiting sideways movement, upside breakout could see significant long additions.
Business should continue to boost in the coming quarters, supported by uplifting of pandemic-related restrictions and strong content line up ready to be released over the next few months
In the past three months, the stock has outperformed the market by surging nearly 30 per cent, as compared to 0.61 per cent rise in the S&P BSE Sensex
The stock hit a 52-week high of Rs 878 after it rallied 15 per cent on the BSE in Friday's intra-day trade
As per Moody's, fuel retailers IOC, BPCL and HPCL have together lost around USD 2.25 billion (Rs 19,000 crore) in revenue between Nov-March by keeping petrol and diesel prices unchanged.
The derivative analyst from HDFC Securities recommends buying IDFC March 65 CALL and simultaneously selling 70 CALL.
Instead of a recovery in gross margins in fiscal 2022-23 (FY23), Jefferies now builds-in 50-200 basis point (bps) YoY decline, assuming crude stays closer to $100 a barrel and palm oil at $1,500/MT
Equities as a percentage of households net worth has risen to an all-time-high as of March 2022
CLOSING BELL: Dr Reddy's Labs (up nearly 5 per cent) was the top Nifty gainer today, followed by Coal India, Hindalco, Cipla, NTPC, JSW Steel, Tech M, and RIL
The management believes that by the end of this year in comparison to the last year, company would be doubling its profitability.
On Monday, March 21, 2022, four promoter group companies had collectively purchased 74,000 equity shares worth Rs 3 crore of the company from open market
Going ahead, charts indicate likely revival in investor sentiment with further uptick in prices.
In the past three months, Suven Pharma has outperformed the market by soaring 30 per cent, as against less than a per cent rise in the Sensex.
In September 2021, Invesco had put out a requisition to the Zee Board of Directors to hold an EGM on the grounds that it felt the company was not running as smoothly as desired.
A strategic cooperation agreement to enable and distribute 5G non-terrestrial network (NTN), direct-to-device satellite services
On Wednesday, the stock ended 18 per cent higher after L&T bought 41.49 million equity shares of L&T Finance Holdings for Rs 348 crore.
Shares of Zee Entertainment will be in focus as Invesco has decided not to pursue an extraordinary general meeting (EGM) to add six independent directors on Zee's board.
CLOSING BELL: HDFC, Bharti Airtel, Cipla, Britannia, Sun Pharma, Maruti, and Bajaj Auto were the major drags today
India's top steelmakers have increased rebar and HRC (Hot Rolled Coil) price by around Rs 1,500-Rs 2,000 a tonne due to rising raw material cost, reports suggest
The Nifty Metal index can gain another 3 per cent as long as the index maintains above 6,300-level on a closing basis.
The stock hit a new low of Rs 536.20, fallen 5% from its intra-day high of Rs 562 on the BSE.