Category: Uncategorized

Is Mahindra & Mahindra (M&M) the ITC of the auto sector? I asked this question to Equitymaster readers in November 2020. In the video, I explained the striking similarities between the best FMCG stocks in India and the evergreen automaker.  In both cases the financial numbers inspired confidence. But the market sentiments about the stocks were at […]

Sensex closed at 60,906.09 down by 215.26 points or 0.35%. BSE SmallCap however rose by 65.17 points or 0.23% to end at 28,956.28. The smallcap index is slightly shy of crossing the 28,900 mark. On the market’s performance, Vinod Nair, Head of Research at Geojit Financial Services said, “With the FOMC’s outcome around the corner, […]

Stock Market Live: Will Nykaa’s Stellar Q2 Help Stock Make A Comeback? | Escorts, IndiGo In Focus  Moneycontrol Source link

Market LIVE Updates: Sensex above 61,000, Nifty above 18,100 led by IT, pharma, PSU Banks  Moneycontrol Source link

(Bloomberg) — There are 653 SPACs left in the US after the boom went bust last year. Only one of them still trades at the kind of frothy levels that was common during the height of the go-go days: Digital World Acquisition Corp. Digital World is the Miami-based company that’s planning to merge with Donald […]

MUMBAI : Foreign institutional investors (FIIs) have dramatically squared off their cumulative bearish bets on index futures, Nifty and Bank Nifty contracts, and turned bullish on them in the past two days, raising hope among technical and derivatives analysts that this could add more steam to the 6% rally that got under way at the […]

Result date: 31st October, 2022 Recommendation: Reduce Target price: Rs124 (Source: IIFL Research) Tata Steel is likely to post decline in revenue, both sequentially as well as over the year-ago quarter. The company’s provisional steel production for Q2FY23 stood at 7.51 MT and deliveries stood at 7.09 MT; down 3% and 4% over the year-ago […]

With a market worth of ₹3,079.72 crore, Kewal Kiran Clothing Ltd. is a small-cap business that operates in the consumer-discretionary goods and services (CDGS) sector. Kewal Kiran Clothing Limited (KKCL), one of India’s top manufacturers of branded clothing, specialises in the design, manufacture, and marketing of well-known Indian clothing brands including Killer, Easies, LawmanPg3, and […]

On November 2, the general public will be able to subscribe to the initial share sale of microlender Fusion Microfinance, which is supported by large global private equity firm Warburg Pincus. The promotion expires on November 4. According to the red herring prospectus (RHP), the bids for anchor investors will be accepted starting […]

© Reuters. FILE PHOTO: The Twitter App loads on an iPhone in this illustration photograph taken in Los Angeles, California, U.S., July 22, 2019. REUTERS/Mike Blake/File Photo By Krishna N. Das NEW DELHI (Reuters) -Elon Musk’s takeover of Twitter Inc (NYSE:) will not change India’s expectation that it must comply with the country’s existing and […]