Small cap stock declares share buyback of  ₹61 Cr at a premium of 34%

Small cap stock declares share buyback of ₹61 Cr at a premium of 34%

With a market worth of Rs. 4,597.84 Cr., VRL Logistics Ltd. is a small-cap company that engages in the transport services industry. The company is India’s largest and most well-known transportation and logistics provider. The firm announced today that its Board of Directors has authorised buyback of up to 8,75,000 fully paid equity shares with […]

Lululemon stock slashed: The week’s 5 biggest analyst calls

Lululemon stock slashed: The week’s 5 biggest analyst calls

Lululemon’s downgrade hit the wires last week, and as did a fresh buy call for Norfolk Southern. Here are all of this past week’s most significant analyst rating changes, covered first on InvestingPro. Sign up for comprehensive, rapid-fire coverage of market-moving analyst moves. Lululemon cut to Underperform Respected research firm Bernstein downgraded a popular traded […]

Tech Mahindra Q3 Results Preview: Net profit likely at Rs 1,300 crore with 50 bps rise in margin

Tech Mahindra Q3 Results Preview: Net profit likely at Rs 1,300 crore with 50 bps rise in margin

Tech Mahindra Q3 Results Preview: Tech Mahindra — India’s fifth largest IT services company by sales — is likely to report a 1.2 per cent increase in net profit sequentially to Rs 1,300 crore for the quarter ended December 2022, according to Zee Business research. The IT major will report its quarterly financial results on Monday, January 30. Its […]

Stock Market Today LIVE: Sensex crashes 1,000 points, Nifty sinks below 17,550 as market bleeds; Tata Motors, Bajaj Auto buck the trend

Stock Market Today LIVE: Sensex crashes 1,000 points, Nifty sinks below 17,550 as market bleeds; Tata Motors, Bajaj Auto buck the trend

Anil Singhvi Strategy | Key market triggers, important Nifty50, Nifty Bank levels to track today Zee Business Managing Editor Anil Singhvi shares his strategy for today’s session on Dalal Street. He expects support for the Nifty50 benchmark to come in at 17,800-17,850 levels, as Dalal Street returns to trade after the Republic Day holiday, and a […]

Fundamental picks: NHPC, PowerGrid among HDFC Securities’ top bets

Fundamental picks: NHPC, PowerGrid among HDFC Securities’ top bets

Auto and IT stocks were the top gainers of the day. Axis Bank, Dr. Reddy’s laboratories, and Hindalco Industries were among the worst performers of the day. Whereas, Tata Motors, Maruti Suzuki, Bajaj Auto, and HCL Technologies earned the most on Nifty. The market investors remained optimistic about the share market growth on the occasion […]