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28.11 / 06:37
markets UPS Gap Strategy trends Trade Tata Power stock price 0.11 per cent as Sensex
Tata Power Company Ltd. 0.11 per cent to Rs 417.30 at 11:53AM hours (IST) on Thursday. Earlier in the day, the stock saw a gap up start to the session. As per data available on BSE, total traded quantity on the counter stood at 531,518 shares with a turnover of Rs 22.17 crore till 11:53AM (IST). The stock traded at a price-to-earnings (P/E) multiple of 35.51, while the price-to-book value ratio stood at 3.89.
28.11 / 06:37
markets Digital awards Trade Experts PAM Inside Export demand, rainfall delay, damage keep onion prices firm
Onion prices are staying firm at a five-year high as a combination of strong export demand and delayed and damaged kharif crop due to prolonged monsoon rainfall has impacted an expected fall in prices post Diwali season. Onion prices are expected to return to comfortable levels by mid-December, trade insiders said. At the benchmark Lasalgaon market in Maharashtra’s Nashik district, onions traded in the range of Rs 15/kg to Rs 53/kg on Wednesday, while the average price was Rs 40/kg. The average wholesale price of the red onion at Lasalgaon was Rs 34/kg in 2020, Rs 21/kg in 2021, Rs 20/kg in 2022 and Rs 37/kg in 2023.
28.11 / 06:37
markets Strategy Research Trade show reports recommendations Vodafone, IDFC First among 14 biggest midcap laggards in past 1 year. Should you buy, sell or hold?
midcap stocks have outperformed the Nifty at an index level over the past year, there are 10 stocks that have been market laggards and have dragged down the Nifty Midcap 100 index. Vodafone Idea's 40% fall is the most notable, followed by IDFC First Bank and Bandhan Bank. Here's what to do with them: Other stocks include Tata Elxsi, Indraprastha Gas (IGL), AU Small Finance Bank, APL Apollo Tubes, Delhivery, Astral, and SBI Cards and Payment Services, which have fallen between 5% and 19% in the last 12 months.
28.11 / 06:37
markets Target Gap Strategy Trade recommendations HDFC Bank’s m-cap surpasses Rs 14 lakh crore for the first time after stock hits record high
HDFC Bank's market capitalization reached Rs 14 lakh crore for the first time on Thursday after the stock of India's largest private lender hit a fresh record high of Rs 1,836.05 on the BSE. The market cap peaked at Rs 14,00,710 crore but later slipped below this level amid profit-taking in the broader markets.
28.11 / 06:29
markets IPO Target Trade Experts consequences information NTPC Green shares jump 4% on commencing 1st part of Shajapur Solar Project
NTPC Green Energy rose 4% in today's session, reaching a high of Rs 127.55 on the BSE, after the company announced that it had successfully commissioned the first part of the 105 MW Shajapur Solar Project, with a capacity of 55 MW. “In terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that consequent upon successful commissioning, first part capacity of 55 MW out of 105 MW Shajapur Solar Project (Unit-I) at Shajapur, M.P of NTPC Renewable Energy Limited (a wholly-owned subsidiary of NTPC Green Energy Limited), is declared on Commercial Operation w.e.f. 00:00 Hrs. of 29.11.2024,” said the company in a filing.
28.11 / 06:29
Strategy Virus reports isolate patient guidelines Vaccines Delhi reports 'isolated' case of Japanese Encephalitis
Referring to an order issued by the Municipal Corporation of Delhi on Wednesday, the sources said that the 72-year-old man from west Delhi was admitted to the All India Institute of Medical Sciences on November 3 following chest pain. The patient is diabetic (20 years, uncontrolled), has coronary artery disease with CHF, bilateral lower limb weakness and bowel and bladder incontinence, the source said.
28.11 / 06:29
markets UPS Digital Strategy stars RCB gives 5,500% hike to this player, it is not Virat Kohli
Royal Challengers Bengaluru assembled a strong side in the IPL 2025 auction held on Sunday and Monday at Jeddah, Saudi Arabia. The franchise had retained star batter Virat Kohli for Rs 21 crore, Rajat Patidar for Rs 11 crore and uncapped pacer Yash Dayal for Rs 5 crore. They also made a few big buys in the auction, including Australian pacer Josh Hazlewood for Rs 12.5 crore, England's Liam Livingtone and Phil Salt for Rs 8.75 crore and Rs 11.50 crores. However, it was the Indian wicket-keeper batter Jitesh Sharma who was the biggest gainer. The franchise shelled out Rs 11 crore on the finisher. He got a salary hike of 5,500 per cent — which is an IPL record by some distance. The amount he will receive in the 2025 season is 55 times more than his previous IPL salary of Rs 20 lakh. He was picked up for his base price by PBKS in the IPL 2022 mega auction and then retained him for the same price for the next two seasons.
28.11 / 06:29
markets Strategy awards Food country patient medicines Dr Reddy's launches immuno-oncology drug Toripalimab in India for treating nasopharyngeal carcinoma
Dr Reddy's Laboratories on Thursday said it has launched Toripalimab, a drug for the treatment of recurrent or metastatic nasopharyngeal carcinoma in India. Nasopharyngeal carcinoma (NPC) is a rare, aggressive form of head and neck cancer that originates in the nasopharynx, the upper part of the throat. The company has launched Toripalimab, a new biological entity (NBE), Dr Reddy's Laboratories said in a regulatory filing. The medication is the only immuno-oncology drug approved by various regulatory authorities around the world such as the US Food and Drug Administration (USFDA), European Medicines Agency (EMA), Medicines and Healthcare products Regulatory Agency (MHRA), and others for the treatment of adults with recurrent or metastatic nasopharyngeal carcinoma (RM-NPC), it added.
28.11 / 06:29
markets Art security Strategy Analysis Trade Experts Share price of REC as Nifty
REC Ltd. 0.96 per cent to Rs 531.50 in Thursday's trade as of 11:41AM (IST). The stock hit a high price of Rs 535.50 and low of Rs 524.45 during the session. The return on equity (ROE) for the stock stood at 20.56 per cent. Traded volume on the counter stood at 11:41AM shares and turnover at Rs 11.12 crore around that time. The stock of REC Ltd. quoted a 52-week high price of Rs 653.90 and 52-week low prices of Rs 331.85, respectively.
28.11 / 06:29
markets Provident Digital country reports testing India successfully tests K-4 submarine-launched nuclear missile from INS Arighaat
nuclear-powered submarine INS Arighaat. The test, which took place on Wednesday morning off the coast of Visakhapatnam, was conducted in the Bay of Bengal. The K-4 missile, which is solid-fuelled and has a strike range of 3,500 km, was launched from the 6,000-tonne submarine, first reported by TOI.
28.11 / 06:29
Platform Election community Bill social prevention Australian Senate debates world's first social media ban for children under 16
The bill that would make platforms including TikTok, Facebook, Snapchat, Reddit, X and Instagram liable for fines of up to 50 million Australian dollars ($33 million) for systemic failures to prevent young children from holding accounts. It is likely to be passed by the Senate on Thursday, the Parliament's final session for the year and potentially the last before elections, which are due within months.
28.11 / 06:29
markets IPO security Strategy Tesla AVP China's robotaxi firm Pony AI valued at $5.25 billion as shares jump in strong Nasdaq debut
Pony AI rose about 15% in their market debut on Wednesday, giving the robotaxi company a valuation of $5.25 billion, in an indication of a positive investor approach to China-based firms. The company's depositary shares opened at $15 in their Nasdaq debut, compared with the IPO price of $13. The IPO comes after nearly two years of uncertainty following Didi Global's delisting amid regulatory backlash in China, with Beijing easing tensions by resolving a long-standing audit dispute with the US accounting watchdog in December 2022.
28.11 / 06:29
markets Man Strategy Election AVP Eknath Shinde should have been natural choice: Shiv Sena's Shaina NC on Maharashtra CM pick
Shiv Sena leader Shaina NC on Thursday said that looking at the work done by caretaker-Chief Minister Eknath Shinde during his tenure, he should have been the «natural choice» for leading the state government once again. «The strike rate of all three parties has been so stupendous that every party will want its leader to become the Chief Minister. But we feel that the way Eknath Shinde has worked on the ground, without any allegation and for the common man and led us to victory, he should have been the natural choice,» she told ANI.
28.11 / 06:29
IPO Target Strategy Analysis Trade Experts reports Honasa Consumer shares hit 10% upper circuit amid high volume
Honasa Consumer (Mamaearth) hit 10% upper circuit at Rs 251.5 in Thursday's trade backed by heavy volumes on the NSE. A total of 17.6 lakh equity shares worth Rs 43.94 crore changed hands so far. This rally came after the stock had been under significant pressure. Honasa's share price had fallen nearly 40% over the past month and more than 50% in the last three months. It also dropped below its IPO price of Rs 324 earlier this month.
28.11 / 05:45
markets CEO Strategy Sustainability Experts poker Sporting Nazara completes Rs 855 crore fundraise led by SBI Mutual Fund
Online gaming company Nazara Technologies has raised Rs 855 crore (around $100 million) through a preferential issue of over 89 lakh fully paid equity shares to a group of investors. The funding was led by SBI Mutual Fund, which invested Rs 220 crore, with participation from notable investors such as Junomoneta Finsol (an associate of Plutus Wealth), Think Investments, Discovery Investments, CaratLane founder Mithun Sacheti, Jaipur Gems CEO Siddhartha Sacheti, Cohesion Investments, Chartered Finance and Leasing, Ratnabali Investments, and Aamara Capital. The fundraising, approved by Nazara’s board in September, increased the company’s paid-up equity share capital from Rs 30.6 crore to Rs 34.2 crore.
28.11 / 05:45
markets Aware Strategy awards Experts AGRO International Indian alco-bev industry one of the world’s most dynamic markets: Piccadily Agro’s Siddhartha Sharma
In a bid to create more awareness around single malts, Piccadily Agro, the maker of Indri single malt whisky and Camikara rum, also plans to launch a state-of-the-art visitor centre at Indri, Haryana, as part of their ambitious growth strategy. This will be aimed at whisky tourists and connoisseurs eager to explore the nuances of whisky making. Siddhartha Sharma, Promoter, Piccadily Agro Industries, says the Indian alco-bev industry has emerged as one of the world's most dynamic markets, driven by rising disposable incomes, evolving consumer preferences and a growing appreciation for premium spirits. “We are witnessing a remarkable shift as Indian consumers increasingly gravitate towards premium craft spirits, particularly in categories like single malts and aged rum. This evolution has created an unprecedented opportunity for Indian producers to not just serve the domestic market but to take their place among global industry leaders,” he states.
28.11 / 05:45
markets UPS Enterprise Trade Experts Updates Stock market update: Mining stocks up as market falls
MOIL Ltd.(up 2.81%), Oriental Trimex Ltd.(up 1.95%), Sandur Manganese & Iron Ores Ltd.(up 1.74%), Pokarna Ltd.(up 1.65%), Ashapura Minechem Ltd.(up 1.12%), KIOCL Ltd.(up 1.05%), The Orissa Minerals Development Company Ltd.(up 0.87%), NMDC Ltd.(up 0.51%), Madhav Marbles & Granites Ltd.(up 0.38%) and Gujarat Mineral Development Corporation Ltd.(up 0.35%) were among the top gainers.
28.11 / 05:45
markets UPS Digital CEO Strategy Food 2020 Marico CEO makes light of gloom over urban consumption, calls it a temporary blip
urban demand slump, Marico CEO Saugata Gupta has a sunny forecast to make, ToI reported on November 28. Urban consumer spending will rebound after a brief decline, Gupta told the Times of India's Asmita Dey. According to Gupta, high food prices driven by food inflation are causing a temporary dip in urban demand for packaged consumer goods. He expects this trend to reverse in the next one or two quarters as food inflation stabilises. «Whenever there are bouts of high food inflation, people tend to titrate or downgrade on FMCG consumption. That's what we are witnessing but this will smoothen out soon. In a quarter or two, things should be much better with respect to urban consumption as we expect inflation to stabilise soon,» Gupta told the newspaper.
28.11 / 05:45
markets Strategy Sustainability Simulation Experts reports testing Ind vs Aus: Shubman Gill to likely miss 2nd Test
Shubman Gill, who suffered an injury to his thumb while fielding in the slips during match simulation in the build-up to the first Test of the Border-Gavaskar Trophy in Perth, is doubtful for the second Test too, reported TOI. Gill is also likely to miss the two-day practice pink-ball math at Canberra starting from Sunday. The second Test will begin in Adelaide from December 6.
28.11 / 05:45
markets Aware security WhatsApp Trade Experts social HDFC Securities addresses franchisee business rumours, denies compliance issues
HDFC Securities on Thursday dismissed rumors circulating on social media suggesting that it is closing its franchisee business due to compliance issues. The brokerage firm clarified that its decision to pause new franchise partnerships, made earlier this year, was a strategic move to streamline operations and enhance service quality. In an official statement, HDFC Securities stated, “We are aware of inaccurate messages circulating on WhatsApp and social media suggesting we are closing our franchisee business due to compliance issues. We want to clarify that our decision to pause partnerships was a strategic move rather than being related to compliance concerns.”
28.11 / 05:45
markets Analysis Enterprise Trade Experts reports Updates Stock market update: Nifty Realty index 0.91% in a weak market
Brigade Enterprises Ltd.(up 2.4 per cent), Prestige Estates Projects Ltd.(up 2.06 per cent), Phoenix Mills Ltd.(up 1.96 per cent), Macrotech Developers Ltd.(up 1.48 per cent) and Godrej Properties Ltd.(up 0.79 per cent) were among the top gainers.

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