StockMarket

Sebi seeks explanation from former CARE chairman, MD for interference in ratings
New Delhi: Markets regulator Sebi has sought explanation from erstwhile managing director and CEO, and chairman of CARE Rating for their interference in the rating process of entities including DHFL, IL-FS and Yes Bank, sources said.

In a letter on February 12, the Securities and Exchange Board of India (Sebi) has also asked why the officials

Details
Category: Stock Market

Write comment (96 Comments)

IRB Infra Q3 PAT down 27% at Rs 160 crore
IRB Infrastructure Developers on Friday reported a 27 per cent decline in consolidated profit after tax (PAT) at Rs 159.73 crore for the quarter ended December 2019. The infrastructure company had clocked a consolidated PAT of Rs 218.90 crore for the corresponding period a year-ago, it said in a regulatory filing to the BSE.

Total income for the

Details
Category: Stock Market

Write comment (93 Comments)

Share market update: PC Jeweller, IFCI among top losers on BSE

FEATURED FUNDS

Axis Long Term Equity Direct Plan-Growth

★★★★★

Details
Category: Stock Market

Write comment (91 Comments)

Temasek arm sells Rs 204 crore Godrej Agrovet shares
New Delhi: V-Sciences Investment, an investment arm of Temasek, on Friday offloaded nearly 38 lakh shares of Godrej Agrovet for a little over Rs 204 crore through open market transactions.

According to bulk deal data available with the BSE, a total of 37,84,738 shares of Godrej Agrovet, agri-business firm of Godrej Industries, were sold by

Details
Category: Stock Market

Write comment (99 Comments)

NEW DELHI: January saw domestic mutual fund managers add a couple of new midcaps and smallcap stocks to their portfolios while completely exiting a few others.

The portfolio rejig, carried out in the run-up to the Budget, took place amid a surge in flows into midcap and smallcap schemes.

SBI Mutual Fund, India’s largest mutual fund house by a

Details
Category: Stock Market

Write comment (100 Comments)

Share market update: Vodafone Idea, ADC India among top gainers on BSE

FEATURED FUNDS

Axis Long Term Equity Direct Plan-Growth

★★★★★

Details
Category: Stock Market

Write comment (97 Comments)

RPower Q3 profit plunges 57% to Rs 49 crore
New Delhi: Reliance Power (RPower) on Friday said its consolidated net profit has dipped over 57 per cent to Rs 49.39 crore in the December 2019 quarter, mainly due to lower income.

The company's consolidated net profit had stood at Rs 116.44 crore in the corresponding quarter of the previous financial year, according to a BSE filing.

Its income

Details
Category: Stock Market

Write comment (95 Comments)

YES Bank surges 7% on fundraising buzz, share sale
YES Bank continued its rally for the second day on Friday on fundraising buzz and jumped further 7 per cent. The investors also took positives from it sale of Eveready Industries shares.

The private lender in a regulatory filing on Thursday said it has sold 68,80,149 shares of Eveready Industries. At current prices, the transaction is valued at

Details
Category: Stock Market

Write comment (90 Comments)

Shares step back as hopes of early end to coronavirus fade
TOKYO: Global shares eased on Friday, as investors were spooked by a sharp rise in the number of coronavirus cases in China this week while oil prices extended gains on hopes of more production cuts.

MSCI's broadest index of Asia-Pacific shares outside Japan dipped 0.08% with South Korea's Kospi falling 0.25% while Japan's Nikkei slid 0.67%.

U.S.

Details
Category: Stock Market

Write comment (93 Comments)

RPower Q3 profit plunges 57% to Rs 49 crore
New Delhi: Reliance Power (RPower) on Friday said its consolidated net profit has dipped over 57 per cent to Rs 49.39 crore in the December 2019 quarter, mainly due to lower income.

The company's consolidated net profit had stood at Rs 116.44 crore in the corresponding quarter of the previous financial year, according to a BSE filing.

Its income

Details
Category: Stock Market

Write comment (98 Comments)

Share market update: 53 stocks hit 52-week highs on NSE
NEW DELHI: Around 53 stocks rose to touch their 52-week highs on NSE in Friday's session.

Among the stocks that touched their 52-week highs were Adani Enterprises, AGC Networks, Akzo Nobel India, Apollo Hospitals Enterprise, Bajaj Finance, Cosmo Films, Granules India, IIFL Securities, HUL, Indiamart Intermesh, IPCA Laboratories, Lux Industries,

Details
Category: Stock Market

Write comment (94 Comments)

Dr Reddy’s acquisition of branded generics of Wockhardt is expected to be marginally EPS accretive in about two years. Analysts have raised their EPS estimate by up to 3 per cent for FY22, but current valuation of Dr Reddy’s at 20 times forward earnings leaves little room for immediate gains.

Shares of Dr Reddy’s rallied 34 per cent in the last s

Details
Category: Stock Market

Write comment (96 Comments)

Glenmark Q3 profit zooms 64% to Rs 191 crore; firm to raise $400 million
New Delhi: Drug firm Glenmark Pharmaceuticals on Friday reported a 64.02 per cent jump in its consolidated net profit to Rs 190.83 crore for the quarter ended December 31, 2019, mainly on account of robust sales in the Indian market.

Its board also approved raising of funds up to USD 400 million (over Rs 2,855 crore) through issuance of

Details
Category: Stock Market

Write comment (96 Comments)

IT, bank stocks lift Nifty past 12,200; Sensex jumps 200 points
Domestic equity indices opened with gains on Friday as murmurs of provisions by governments to soften the impact on their economies from the coronavirus epidemic grew louder.

A 50 percent cut in the daily death toll in China due to the coronavirus outbreak and a sharp drop in new cases also helped the market sentiments.

BSE flagship Sensex was up

Details
Category: Stock Market

Write comment (97 Comments)

Buy Jubilant Foodworks, price target Rs 1,910: Shubham Aggarwal
Shubham Aggarwal of Quantsapp Advisory has a buy call on Jubilant Foodworks Ltd. with a target price of Rs 1910.0 . The current price of Jubilant Foodworks Ltd. is Rs 1834.15 Time period given by the analyst is Intra Day when Jubilant Foodworks Ltd. price can reach defined target. . Shubham Aggarwal recommended to keep a stoploss at Rs 1800 .

Jubi

Details
Category: Stock Market

Write comment (95 Comments)

Reliance Infra Q3 profit up 18% at Rs 346 crore
New Delhi: Reliance Infrastructure (RInfra) on Friday reported a 18 per cent rise in its consolidated net profit at Rs 345.51 crore for the quarter ended December 31, 2019.

The Anil Ambani-led company had clocked a net profit of Rs 293.77 crore for the corresponding quarter of the previous fiscal, it said in a regulatory filing to the BSE.

Its

Details
Category: Stock Market

Write comment (100 Comments)

Share market update: Pharma shares up; Lupin rises 2%
NEW DELHI: Pharma shares were trading in the green in Friday's morning session with their sectoral index trading higher.

Shares of Lupin (up 1.68 per cent), Glenmark Pharmaceuticals (up 1.66 per cent), Sun Pharmaceutical Industries (up 0.95 per cent), Divis Laboratories (up 0.34 per cent), Cipla (up 0.27 per cent) and Piramal Enterprises (up 0.21

Details
Category: Stock Market

Write comment (92 Comments)

Sebi bans upfront fees for portfolio managers

FEATURED FUNDS

Axis Long Term Equity Direct Plan-Growth

★★★★★

Details
Category: Stock Market

Write comment (90 Comments)

CG Power Q3 loss doubles to Rs 210 crore

FEATURED FUNDS

Axis Long Term Equity Direct Plan-Growth

★★★★★

Details
Category: Stock Market

Write comment (97 Comments)

Stock market update: Realty shares down; Mahindra Lifespace dips 1%
NEW DELHI: Realty shares were trading with losses in Friday's morning session.

Shares of Mahindra Lifespace Developers (down​ 1.29 per cent)​, Phoenix Mills (down​ 0.91 per cent)​, Prestige Estates Projects (down​ 0.51 per cent)​, DLF (down​ 0.48 per cent)​ and Godrej Properties (down​ 0.41 per cent)​ were the top losers in the index.

The Nifty

Details
Category: Stock Market

Write comment (95 Comments)

Buy Pidilite Industries, price target Rs 1,650: Shubham Aggarwal
Shubham Aggarwal of Quantsapp Advisory has a buy call on Pidilite Industries Ltd. with a target price of Rs 1650.0 . The current price of Pidilite Industries Ltd. is Rs 1578.5 Time period given by the analyst is Intra Day when Pidilite Industries Ltd. price can reach defined target. . Shubham Aggarwal recommended to keep a stoploss at Rs 1540 .

Pi

Details
Category: Stock Market

Write comment (92 Comments)

Embassy Office Parks REIT Q3 net income up 16% at Rs 464 crore
MUMBAI: Embassy Office Parks REIT has reported 16% on-year rise in net operating income for the quarter ended December to Rs 463.9 crore. India’s first listed Real Estate Investment Trust (REIT) and the largest in Asia in terms of area reported 14% growth in revenue to Rs 545.9 crore, the company said in a release.

Embassy Office Parks Management

Details
Category: Stock Market

Write comment (94 Comments)

Stock market update: IT shares advance; Mindtree climbs 3%
NEW DELHI: IT shares were trading in the positive zone in Friday's morning session.

Shares of Mindtree (up​ 3.06 per cent)​, Hexaware Technologies (up​ 1.92 per cent)​, NIIT Technologies (up​ 1.88 per cent)​, HCL Technologies (up​ 1.02 per cent)​, Infosys (up​ 0.6 per cent)​, Tech Mahindra (up​ 0.48 per cent)​, Tata Consultancy (up​ 0.46 per cent)

Details
Category: Stock Market

Write comment (94 Comments)

Buy PVR, price target Rs 2,100: CK Narayan
CK Narayan of Chart Advise has a buy call on PVR Ltd. with a target price of Rs 2100.0 . The current price of PVR Ltd. is Rs 2072.7 Time period given by the analyst is Intra Day when PVR Ltd. price can reach defined target. . CK Narayan recommended to keep a stoploss at Rs 2055 .

PVR Ltd., incorporated in 1995, has a market cap of Rs 10639.66

Details
Category: Stock Market

Write comment (93 Comments)

Coronavirus impact: Fall in shrimp prices, demand may hit Indian firms
Kochi: Indian seafood industry may be impacted as global shrimp prices are expected to face pressure over the next few month with the trade adjusting to the changing demand dynamics in China, a key importer and consumer of farmed shrimp, says investment information and credit rating agency ICRA.

The sizable domestic production (estimated at over

Details
Category: Stock Market

Write comment (95 Comments)

D-Mart's Radhakishan Damani now India-s fifth richest, pips Lakshmi Mittal
NEW DELHI: Avenue Supermarts’ founder Radhakishan Damani has become the fifth richest individual in India amid the ongoing rally in the stock price of D-Mart's promoter firm. Damani's total net worth stood at $13.30 billion on February 14, higher than Lakshmi Mittal’s $13.10 billion, Gautam Adani's $10.9 billion and Sunil Mittal's $9.62 billion.

Sh

Details
Category: Stock Market

Write comment (94 Comments)

Buy Bharti Airtel, price target Rs 555: CK Narayan
CK Narayan of Chart Advise has a buy call on Bharti Airtel Ltd. with a target price of Rs 555.0 . The current price of Bharti Airtel Ltd. is Rs 539.8 Time period given by the analyst is Intra Day when Bharti Airtel Ltd. price can reach defined target. . CK Narayan recommended to keep a stoploss at Rs 533 .

Bharti Airtel Ltd., incorporated in

Details
Category: Stock Market

Write comment (99 Comments)

ONGC Q3 results: Profit plunges 47% to Rs 4,152 crore, misses Street expectations
Mumbai: State-run oil major Oil - Natural Gas Corp (ONGC) on Friday reported a 47.07 per cent decline in December quarter profit at Rs 4,151.63 crore. Analysts in an ET NOW poll had estimated the number at Rs 5,410 crore.

The revenue from operations dropped to Rs 23,710.05 crore, from 27,694.09 crore a year ago.

Of this, revenue from offshore

Details
Category: Stock Market

Write comment (90 Comments)

Buzzing stocks: Vodafone Idea, YES Bank, Tata Motors, D Mart
NEW DELHI: Vodafone Idea with over 14.32 crore shares changing hands was leading among the most traded stocks on NSE on Friday.

Shares of YES Bank (number of shares traded: 3.72 crore), Tata Motors (number of shares traded: 0.98 crore), IFCI (number of shares traded: 0.43 crore), Suzlon Energy (number of shares traded: 0.37 crore), SBI (number of

Details
Category: Stock Market

Write comment (96 Comments)

Buy UPL, price target Rs 605: Kunal Bothra
Independent analyst Kunal Bothra has a buy call on UPL Ltd. with a target price of Rs 605. The current price of UPL Ltd. is Rs 579.25 Time period given by the analyst is Intra Day when UPL Ltd. price can reach defined target. . Kunal Bothra recommended to keep a stoploss at Rs 566 .

UPL Ltd., incorporated in the year 1985, has a market cap of Rs

Details
Category: Stock Market

Write comment (92 Comments)