Page 53 - Markets

Capital goods index hits new peak in weak market; L&T, Timken at new highs

Thermax rallied 12 per cent to Rs 1,503 after it reported 183 per cent year-on-year jump in its consolidated profit after tax

Vodafone Idea Q2: ARPU may rise QoQ amid subscriber churn, say analysts

Vodafone Idea Q2 preview: The stock of Vi has rallied 25 per cent over the past 6 months, marginally outperforming the BSE Sensex index, which gained 22 per cent during the period

Alembic Pharma dips 5% on disappointing September quarter results

Alembic Pharma said that the USFDA recently inspected the company's injectable facility (F-3) site and issued Form 483 with 10 observations

Inox Group reaches settlement over division of business; stocks rise

Share prices of Inox Wind and Inox Leisure are up 130 and 56 per cent since January 1.

Paytm finds buyers, but no blow-out demand in India's largest IPO

Institutional investors bid for 2.79 times the shares reserved for them, while retail investors bid for 1.66 times

Equity MFs log Rs 5,215-crore inflow in Oct amid rally in markets

However, the quantum of net inflows dropped from September, when it attracted Rs 8,677 crore

Adani Enterprises hits 5-month high; shares surge 21% in 8 days

Shares of Adani Enterprises were trading at their highest level since June 4, 2021

KPIT Technologies rallies 32% in 6 days, hits new high on strong outlook

The company said, for FY2022, revenue growth outlook increased to 18 per cent - 20 per cent, and Ebitda margin outlook raised to 17.5+ per cent.

Bank of Baroda shares trade weak ahead of Q2 results; here's what to expect

Bank of Baroda Q2 preview: Analysts largely expect the lender's Q2 performance to be remain muted amid meagre loan book expansion and elevated slippages

Irrational exuberance and rational humility

I worry that the hard-earned savings of middle-class investors could be at risk

Indians top list of tourists to Sri Lanka in October, shows data

India, the UK, Pakistan, Russia and Germany were the top five international tourist generating markets during October

BS BFSI INSIGHT SUMMIT | Sessions on Mutual Funds and Markets

Sensex, Nifty end with marginal losses; M&M rallies 5% post Q2 results

Among sectors, the BSE Auto index jumped 1.3 per cent. The Capital Goods, Energy and Oil & Gas indices were also up around a per cent each. The Metal index, however, was down 0.8 per cent

Tata Motors DVR hits over 4-year high; stock surges 53% in one month

Tata Motors DVR surged 9% to Rs 292.70, its highest level since June 2017

This Jhunjhunwala-owned stock hits over 13-year high; rises 102% in 6 mths

Aptech rallied 9% to Rs 407, its highest level since January 2008.

TVS Motor soars 11%, nears record high on fund raise buzz for EV subsidiary

TVS Motor is in talks with a clutch of global private equity investors to raise $300-500 million for its electric vehicle subsidiary, reports suggest

Stocks to Watch: RIL, Aurobindo, BHEL, M&M, Jet Airways, IDFC, PowerGrid

FII fund flows, corporate earnings and ongoing IPOs likely to be in focus today

Sapphire Foods raises Rs 933 crore from anchor investors ahead of IPO

Sapphire Foods India Ltd, which operates KFC and Pizza Hut outlets, on Monday said it has raised Rs 933 crore from anchor investors ahead of its IPO rollout on Tuesday. The company has decided to allocate a total of 79,06,473 equity shares to 53 anchor investors at Rs 1,180 apiece, aggregating the transaction size to Rs 932.96 crore, according to a circular uploaded on BSE website. Government of Singapore, Monetary Authority of Singapore, Fidelity Funds, Abu Dhabi Investment Authority, Morgan Stanley Asia (Singapore) Pte, ICICI Prudential Life Insurance Company, Bajaj Allianz Life Insurance Company and Sundaram Mutual Fund (MF) are among the anchor investors. The initial public offering (IPO) will be entirely an offer of sale (OFS) of 17,569,941 equity shares by promoters and existing shareholders. As a part of the OFS, QSR Management Trust will sell 8.50 lakh shares, Sapphire Foods Mauritius Ltd will offload 55.69 lakh shares, WWD Ruby Ltd will divest 48.46 lakh shares and Ameth

Canara Bank hits over 2-year high; stock zooms 62% from QIP price

The stock was up 6% to Rs 242.60 and has rallied 62% against qualified institutional placement (QIP) price of Rs 149.35 per share

India's furniture and home market set to reach $40 billion by 2026: Report

Driven by pent-up and deferred demand, India's online furniture and home market is geared up to reach $40 billion in the next five years, a new report showed