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Adani Group stocks were mixed in Tuesday’s afternoon deals as Adani Enterprises, Adani Transmission, Adani Ports were trading higher while other Group stocks continued to decline, extending their three-day sell-off. The shares have tumbled after the Januart 24 report from U.S.-based Hindenburg Research which flagged concerns about high debt levels and the use of tax […]

Billionaire Gautam Adani successfully completed the $2.5 billion share sale of his flagship company on Tuesday, per Bloomberg. The stock offering became a crucial confidence test after a short-seller report triggered a massive rout in Adani group stocks. India’s embattled Adani Group pulled through with the $2.5 billion share sale of its flagship company even […]

India’s benchmark indices Sensex and Nifty50 are likely to open in the green on Tuesday amid mixed global cues ahead of the US Fed meeting outcome. SGX Nifty, an early indicator of how the markets may perform, was up 0.45% or 80 points in the morning today. L&T, Tech Mahindra, Adani Enterprises, LIC are amongst […]

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’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: 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 […]

Budget 2023 Expectations LIVE Updates: Funds of Ayushman Bharat should be used exclusively for pvt sector,…  Moneycontrol Source link

By Yasin Ebrahim  Investing.com — The Dow eked out a win Friday as Tesla led a melt-up in growth stocks as further signs of easing inflation cemented expectations for a widely expected Federal Reserve downshift next week.   The gained 0.1%, or 28 points, the  rose 0.3%, and the was up 1%. The , or PCE […]