Analysis Financial News

For more such articles on Small Appliances browse the Kitchen & Dining segment on the Top Trending Products Page. Meanwhile, check out this article on the best Egg Boilers. 1. Milton Smart Instant Egg Boiler Milton Smart Instant Egg Boiler | boil upto 7 eggs | 3 boiling modes | 360 watt | Stainless Steel body | Automatic & Quick Operation | 7 egg boiler machine with 1 Year Warranty48% Off₹989₹1,899Buy Now The Milton Smart Instant Egg Boiler is a convenient and efficient way to cook perfect eggs every time. With its 360-watt power and 3 boiling modes (soft, medium, and hard-boiled), you can customize your eggs to your liking. The stainless steel body is durable and easy to clean, while the automat

For more such articles on Small Appliances browse the Kitchen & Dining segment on the Top Trending Products Page. Meanwhile, check out this article on the best Toaster. 1. DASH Bread Toaster DASH Bread Toaster 2 Slice With Extra Wide Slot No.1 In Usa 1100 Watts Pop Up Toaster 2 Slices Automatic 7 Browning Levels With Defrost & Reheat Removable Crumb Tray Black48% Off₹3,459₹6,599Buy Now The DASH Bread Toaster is a stylish and functional appliance that elevates your breakfast experience. With its extra-wide slots, you can toast a variety of bread types, including thick slices of sourdough or bagels. The 7 browning levels allow you to customize your toast to your preferred level of doneness. The defrost and reheat functions a

Tap Invest, altGraaf, and Stable Investments were the three unregistered online platforms to facilitate the sale of privately placed NCDs.

Mutual Fund on Monday divested 6.6 per cent stake in MedPlus Health Services for Rs 552 crore through open market transactions. MedPlus Health Services is a retail pharmacy and diagnostics chain in India. Billionaire Azim Premji's PE firm Premji Invest, through its arm PI Opportunities Fund — I, sold 68.93 lakh shares or 5.77 per cent stake in MedPlus Health Services and exited the firm, according to the block deal data on the National Stock Exchange (NSE).

NTPC on Monday said it has paid Rs 2,424 crore as an interim dividend to its shareholders. The company paid its first interim dividend of Rs 2,424 crore for the financial year 2024-25 on November 18, representing 25 per cent of the company's paid-up equity share capital, NTPC said in a statement. NTPC CMD Gurdeep Singh, along with the Board of Directors of the company, presented the «payment advice of Rs 1,238.84 crore, representing the government's share to the Minister of Power Manohar Lal, Power Secretary Pankaj Agarwal», it added.

Power and Instrumentation(Gujarat)Ltd.(up 5.00%), Transformers & Rectifiers(India)Ltd.(up 5.00%), Indo Tech Transformers Ltd.(up 5.00%), Energy Development Company Ltd.(up 4.97%), Neueon Towers Ltd.(up 4.84%), GE Vernova T&D India Ltd.(up 4.78%), Suzlon Energy Ltd.(up 4.46%), GE Power India Ltd.(up 4.07%), KPI Green Energy Ltd.(up 3.43%) and Voltamp Transformers Ltd.(up 2.25%) stood among the top gainers.

Sikko Industries Ltd.(up 12.51%), Madhya Bharat Agro Products Ltd.(up 3.21%), Paradeep Phosphates Ltd.(up 2.98%), Rama Phosphates Ltd.(up 2.27%), Mangalore Chemicals & Fertilizers Ltd.(up 1.48%), Khaitan Chemicals & Fertilizers Ltd.(up 1.21%), Agro Phos India Ltd.(up 0.97%), Gujarat Narmada Valley Fertilizers & Chemicals Ltd.(up 0.78%), Krishana Phoschem Ltd.(up 0.73%) and Coromandel International Ltd.(up 0.31%) stood among the top gainers.

Benchmark NSE Nifty closed 78.91 points down at 23453.8 amid selling in frontline bluechip counters.

stocks rallied as much as 15% in Mumbai trading on Monday even as equity benchmarks, BSE Sensex and NSE Nifty, traded in the amid brisk in frontline bluechip counters. Stocks that surged in excess of 15% included, Siddha Ventures Ltd.(20.00%), Shri Gang Industries(19.99%), Jindal Poly Investm(19.99%), James Warren Tea(19.99%), Multibase India(19.99%), Tokyo Finance(19.98%), Laffans Petro(19.98%), Sumedha Fiscal(19.88%), Purple Entertainment(19.20%) and Garware Tech(18.71%).

foreign institutional investors (FIIs) for the last one-and-half months which have resulted in an 8-9% correction in the Indian benchmark indices, the outflows are just about 1% of foreign ownership in the domestic equities. Moreover, the local markets are cushioned with 83% domestic ownership with tailwinds of strong retail appetite.

«So, pretty steep price hike that is required to sort of restore the margins to what they were, let us say, from an FY24 benchmark perspective,» says Probal Sen, ICICI Securities. Firstly, this is the second cut that we have seen when it comes to the APM gas allocation. So, cumulatively, how much has been the APM gas allocation reduced for the city gas distribution companies? And to mitigate this impact, what is the kind of price hike that they need to take now? Probal Sen: So, a couple of quarters ago, the blended allocation, as you would know the cut has primarily come in the CNG segment, so the domestic PNG segment still continues to get close to what is required to supply from what our understanding is.

Real Estate Investment Trusts (REITs) have disbursed a total of Rs 2,754 crore to their unitholders in the first half of fiscal 2024, reflecting a 14% increase over the previous year's distribution, according to the Indian REITs Association (IRA). The total disbursement for H1 FY24 was split between four major listed REITs —Brookfield India Real Estate Trust, Embassy Office Parks REIT, Mindspace Business Parks REIT, and Nexus Select Trust. The funds were distributed to more than half a million unitholders, with the second quarter alone accounting for Rs 1,383 crore. Since their inception, Indian REITs have distributed over Rs 19,000 crore to investors, highlighting the sector's growing appeal in the country’s real estate market.

Aniruddha Naha, CIO-Alternates, PGIM India Asset Management, says this year is probably the year to build portfolios and not expect too much in terms of absolute returns. PGIM would cautiously continue to build portfolios over a period of time. But in the near term, we do not see the markets bouncing back in a large way. Naha further says that a 5-10% correction from here into capital goods would make it very interesting. Plus, there is reasonable value in largecap financials, especially on the lending side. There is also value in segments like textiles, chemicals and agrochemicals, which have been beaten down over the last three years. Healthcare is something they are very confident in. Given the fact that markets have declined more than 10% from their recent peak, with all the major events behind us, how are you reading into the current markets and do you expect a recovery anytime soon or do you expect the markets to continue to lag for the next six months? Aniruddha Naha: Our view is probably the worst of earnings is through.

HDFC Asset Management Company Ltd. traded 2.08 per cent at Rs 4189.75 at 01:49PM (IST) on Monday, even as BSE benchmark Sensex 234.49 points to 77345.82. The scrip had closed at Rs 4278.75 in the previous session. The stock quoted a 52-week high price of Rs 4862.00 and 52-week low of Rs 2759.75, respectively. As per BSE data, total traded volume on the counter till 01:49PM (IST) stood at 6170 shares with a turnover of Rs 2.58 crore.

Indian Oil Corporation Ltd. traded 0.0 per cent at Rs 134.80 at 12:52PM (IST) on Monday, even as BSE benchmark Sensex 27.63 points to 77552.68. The stock had settled at Rs 134.80 in the previous session. The stock quoted a 52-week high price of Rs 196.80 and 52-week low of Rs 99.20, respectively. As per BSE data, total traded volume on the counter till 12:52PM (IST) stood at 699774 shares with a turnover of Rs 9.39 crore.

Marico Ltd. 0.07 per cent to Rs 592.65 in Monday's session as of 01:01PM (IST) even as the equity benchmark Sensex traded 157.17 points at 77423.14. Earlier in the day, the stock witnessed a gap down start to the session. The stock quoted a 52-week high price of Rs 719.80 and a 52-week low of Rs 486.75 on NSE. Around 10852 shares changed hands on the counter till 01:01PM (IST).

«But the way these numbers have been announced after giving the guidance, clearly there is a case of credibility issue to my mind. And the business model, we can all attribute this to the distribution channel, the disruption by Q-commerce, and many more things,» says Hemang Jani, Independent Market Expert. Does the stock deserve to fall by 20%? I mean, okay, numbers are bad, but they are not terrible. Hemang Jani: So, the way the market has reacted, which means that there is a larger concern on the credibility of the numbers that the management has been giving and more so after delivering a very good growth in the last two quarters.

REC Ltd. rose 0.59 per cent to Rs 505.55 in Monday's trade. It hit an intraday high of Rs 510.10 and low of Rs 495.45, respectively, during the day. The stock quoted a 52-week high price of Rs 653.90 and low of Rs 327.30.

Ajay Srivastava, CEO, Dimensions Corporate, says, three segments – appliances, hotels, aviation – will directly see improved consumption. I am not sure capex companies are going to see a major uplift for the simple reason that government spending has to kick in and that is where the bigger problem lies. The government is not spending money for the right reasons like fiscal deficit, etc, So, capex companies will have a little longer winter than the consumer companies. It has been a tumultuous market. Nobody expected the US market to bounce back the way it did. Nobody expected Indian markets to correct the way it has. Where are we headed? Will the entire grind continue? Are we in for a long winter? Ajay Srivastava: Oh, no, not at all. Let us be honest. At the end of the day, when the market goes up, the whole world says it will keep going up. When it starts to go down, the theory is everyone says, you know what, underperformance continues, we will do badly and so on. We got caught and it is strange that people never thought that September would be a bad month in the economic cycle of India, given elections were just finished and the consumption cycle would change from October because that is the festive season. It will reverse itself. You will find earning surprises for this quarter.

Tube Investments of India Ltd. 0.34 per cent to Rs 3455.95 in Monday's trade as of 12:36PM (IST) even as the benchmark Nifty ruled at 23538.0, 5.3 points. The scrip had closed at Rs 3444.00 in the previous session. The stock quoted a 52-week low of Rs 3130.50 and a high of Rs 4807.05. The company quoted a market-cap of Rs 66409.54 crore on the BSE.

SRF Ltd. traded 0.48 per cent at Rs 2225.30 at 12:32PM (IST) on Monday, even as BSE benchmark Sensex 44.39 points to 77624.7. The stock had settled at Rs 2236.15 in the previous session. The stock quoted a 52-week high and 52-week low of Rs 2697.45 and Rs 2088.55, respectively.