Capital-intensive, cyclical and value stocks to continue their outperformance
Capital-intensive, cyclical and value stocks have outperformed since FY21, according to a report by ICICI Securities. Driving the relative outperformance of these stocks in the BSE 200 universe were factors like high capital intensity, high financial leverage and low return on equity. Stocks with either of these three factors have seen a reversal of fortunes […]
ICICI Sec sees an upside of 14% in 3 months of holding for this Navratna company
With a market valuation of ₹87,686.43 Cr, Hindustan Aeronautics (HAL) is a Navratna CPSE company that works in the industrial sector. A comprehensive range of goods, including aeroplanes, helicopters, aero engines, avionics, accessories, and aerospace structures, are designed, developed, and manufactured by the company. ICICI Securities, a brokerage, forecasts a 14% rise in the stock’s […]
Multibagger penny stock rises 1163% in 3 years, Board declares rights issue
With a market valuation of ₹240.83 Cr, Indian Infotech Software Ltd. is a small-cap company that operates in the financial services industry. Indian Infotech & Software Ltd. is an NBFC that has been authorised by the Reserve Bank of India. The company announced a rights issuance for up to Rs. 48,26 crore. The company has […]
With earnings season behind, markets may follow global cues
Indian stock markets are likely to remain volatile in the near term with hopes of a slower pace in interest rate hikes fading, and investors may track global cues as the September earnings season nears close, experts said. Volatility in markets continued over the past week with indices closing marginally lower. The benchmark BSE Sensex […]
Bulk Deals: Three FPIs buy Nykaa shares on Friday after TPG Growth sells them for nearly Rs 1,000 crore – what should investors know
Private equity player TPG Growth on Friday sold shares of e-commerce beauty company Nykaa for more than Rs 1,000 crore through open market transaction. As many as 5.42 crore shares of FSN E-Commerce Ventures, which runs Nykaa, were offloaded at a price of Rs 184.55 apiece through a block deal, as per data from the […]
Business News LIVE Today: Latest Business News, Share Market News, Economy & Finance News | Moneycontrol
Market LIVE Updates: Indices near day’s low with Nifty around 18,250; M&M, Coal India top lowers Moneycontrol Source link
Today’s Latest Business News, Finance and Share Market News at 5:30 pm on 17th November 2022
Today’s Latest Business News at 5:30 pm on 17th November 2022 “You are listening to the Expresso Business Update. Here is the latest news from the world of Indian and International business brought to you by The Indian Express and The Financial Express.“The government on Wednesday increased windfall tax on domestically produced crude oil, while […]
Kaynes Technology IPO allotment tomorrow: checkout current GMP value
Kaynes Technology will announce its share allotment status tomorrow on November 17. The IPO received strong demand from investors as it was subscribed 34.16 times. The qualified institutional investors portion of the IPO was subscribed 98.47 times. The retail portion however was subscribed by four times over. The IPO will be listed on November 22 […]
Sensex Today: Stock Market LIVE Updates: Sensex, Nifty reverse losses, trade higher; bank, IT stocks gain most; FMCG stocks bleed – The Economic Times
Sensex Today Live: Indian shares opened slightly lower on Wednesday, a day after the Sensex closed at a fresh high, as global markets retreated after blasts in Poland that local authorities said were caused by Russian-made missiles. The decline was less than the 0.87% drop in MSCI’s broadest index of Asia-Pacific shares outside Japan caused […]
Zee Business Stock, Trading Guide: 10 things to know before market opens on 16 November 2022
Zee Business Stock and Trading Guide: The Indian markets gained nearly half a percent in a volatile trading session, in continuation of the prevailing trend. Indian indices traded lackluster for most of the session however a sharp surge in the last half an hour pushed the index to the day’s high. Nifty finally settled at […]
