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17.09 / 17:33
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Latinas contributed $1.3 trillion to U.S. economy, new report says. That number could be even bigger
Latinas are making substantial contributions to the U.S. economy.
17.09 / 15:16
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Best kitchen chimneys under 25000 in India for modern homes
This guide focuses on the best kitchen chimneys under Rs 25,000 in India, providing you with top recommendations that balance efficiency and cost. Whether you need a compact chimney for a small kitchen or a high-power unit for heavy-duty cooking, these models ensure optimal air purification and ease of maintenance, making your kitchen experience more enjoyable.
17.09 / 09:12
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Ashok Leyland shares down 1.57% as Nifty gains
Ashok Leyland Ltd. rose 1.57 per cent to Rs 239.85 in Tuesday's trade. It hit an intraday high of Rs 244.6 and low of Rs 237.9, respectively, during the day. The stock quoted a 52-week high price of Rs 264.7 and low of Rs 157.65.
17.09 / 09:07
17.09 / 08:29
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Shares of PI Industries rise as Nifty gains
PI Industries Ltd. gained 0.69 per cent to Rs 4689.95 in Tuesday's trade as of 01:19PM (IST). It hit a high of Rs 4691.3 and low of Rs 4610.0 during the session. The stock quoted a 52-week high price of Rs 4748.25 and a low of Rs 3060.0. The return on equity for the stock stood at 19.25 per cent. About 2,142 shares have changed hands on the counter so far.
17.09 / 08:07
17.09 / 08:03
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Indian Oil Corp. shares drop 0.75% as Sensex rises
Indian Oil Corporation Ltd. traded 0.75 per cent down at Rs 170.5 at 01:08PM (IST) on Tuesday, even as BSE benchmark Sensex gained 130.01 points to 83118.79. The stock had closed at Rs 171.8 in the previous session. The stock quoted a 52-week high and 52-week low of Rs 196.8 and Rs 85.51, respectively.
17.09 / 06:40
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Share price of Mphasis jumps as Sensex gains 69.81 points
MphasiS Ltd. gained 1.03 per cent to Rs 3159.0 at 11:36AM (IST) in Tuesday's trade. The scrip has hit a high of Rs 3170.0 and low of Rs 3112.4 so far during the session. The stock had closed at Rs 3126.6 in the previous session. The counter has had a total traded volume of 3918 shares so far with a value of Rs 1.22 crore on the NSE. It traded at a price-to-earnings multiple of 38.34 and a price-to-book ratio of 5.13.
17.09 / 06:24
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Info Edge shares drop 0.11% as Sensex rises
Info Edge (India) Ltd. traded 0.11 per cent down at Rs 7895.85 at 11:31AM (IST) on Tuesday, even as BSE benchmark Sensex gained 93.37 points to 83082.15. The stock had settled at Rs 7904.9 in the previous session. The stock quoted a 52-week high and 52-week low of Rs 7955.0 and Rs 3973.15, respectively.
17.09 / 05:16
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Big movers on D-Street: What should investors do with Marcrotech Developers, HDFC Bank and Adani Green?
The stocks that were in focus included names like Macrotech Developers, which rose 3.64%, HDFC Bank, which gained 0.2%, and Adani Green, whose shares jumped 7% on Monday.
17.09 / 03:49
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Microsoft approves new $60 billion share buyback program
Microsoft said on Monday its board has approved a new share buy back program of up to $60 billion. The tech giant declared a quarterly dividend of $0.83 per share, reflecting an 8 cent, or 10%, increase over the previous quarter.
17.09 / 03:10
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Bajaj Housing makes stellar debut! Technical glitches rob many of the chance to make IPO gains
Bajaj Housing Finance made a stellar debut on the domestic bourses, some investors could be rueing the missed chance due to technical hiccups. Nearly 14 lakh applications or 16% of total bids in the company's Initial Public Offering (IPO) — the largest issue in 2024 — were disqualified, according to allotment documents released on Monday. This is the second-highest number of rejections in absolute terms since the Life Insurance Corporation (LIC) IPO in May 2022. Bankers and market participants said most disqualifications were due to operational glitches, with a chunk of them being unable to complete the UPI (Unified Payments Interface) process. There were also reports of technical issues related to UPI systems.
17.09 / 03:01
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Bajaj Housing Finance: Is it time to hold or wait for a correction? Devang Mehta answers
«So, a lot of these models have even made restaurants successful. So, right now, the ordering activity in India and you look at the per order realisation for even Zomato or Swiggy that has been on the rise,» says Devang Mehta, Spark Private Wealth. Just wanted to get your thoughts in on the kind of valuation that Zomato is currently quoting and we do not know what pricing, etc, is going to be the detail for Swiggy, that is, but just wanted to understand, given that these are the only two players in the market right now, how is it that you would stack up Zomato's valuations? Devang Mehta: See, honestly, on the valuation front, if you look at both these businesses, they would probably trade at a bit of a, if I can use that word, crazy valuations. Why? Because there will always be a scarcity premium for this type of business and we know that at least Zomato is now that way profitable and, in fact, Blinkit has done very well.
17.09 / 02:41
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Shapoorji Pallonji Group wants Tata Sons to go for IPO
Mistry family's Shapoorji Pallonji (SP) Group, which holds an 18.37% stake in Tata Sons, suggested that the Tata Group holding company explore the possibility of an initial public offering (IPO) to unlock value for stakeholders, according to people with knowledge of the matter. At the Tata Sons annual general meeting (AGM) held on Monday, the SP Group also praised the strong performance of group companies under the leadership of the executive team headed by chairman N Chandrasekaran, suggesting that ties between the two sides may have become less frosty.
16.09 / 19:36
16.09 / 13:18
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Kohinoor Foods surges 20%; LT Foods jumps nearly 7%
stocks were in heavy demand on Monday, with Kohinoor Foods surging 20 per cent, after the government said the USD 950 per tonne minimum export price (MEP) on basmati rice has been removed. At close of trade, shares of Kohinoor Foods surged 20 per cent, LT Foods jumped 6.70 per cent, KRBL climbed 5.87 per cent and Chaman Lal Setia Exports went up 1 per cent on the BSE. Intra-day, LT Foods surged 9.72 per cent, KRBL soared 7.67 per cent and Chaman Lal Setia Exports rallied 5.92 per cent.
16.09 / 13:03
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Is XRP Price Ready to Break Toward $1? Key Analysis of Resistance Levels
Simon Chandler is a Brighton-based writer and journalist with over ten years of experience writing about crypto, technology, politics and culture. He has written for Cryptonews.com since late 2017,...
16.09 / 13:01
16.09 / 11:47
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Reliance Power shares hit 5% upper circuit on 500 MW battery storage contract win
Reliance Power today surged 5% to hit its upper circuit at Rs 31.32 on BSE after the company announced that it has secured a battery storage contract of 500 MW through the e-reverse auction (eRA) conducted by the Solar Energy Corporation of India (SECI). The contract involves the installation of a total of 1,000 MW of standalone BESS units, awarded on a build-own-operate (BOO) model for «On Demand» usage under a tariff-based competitive bidding process.
16.09 / 11:27
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Brace for GenAI letting the early adopters of this technology down
Subscribe to enjoy similar stories. When I write about Generative Artificial Intelligence (GenAI) in IT Matters, it is usually about its latest advances and the nuances of its seemingly relentless march. I try to discuss both its triumphs and its travails, especially technological aspects that aren’t readily apparent to most.
16.09 / 11:12
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Share price of Indian Oil Corp. falls as Nifty strengthens
Indian Oil Corporation Ltd. slipped 0.49 per cent to Rs 172.3 in Monday's trade as of 01:18PM (IST). The stock hit a high price of Rs 174.1 and low of Rs 171.55 during the session. The return on equity (ROE) for the stock stood at 22.75 per cent. Traded volume on the counter stood at 01:18PM shares and turnover at Rs 3.88 crore around that time. The stock of Indian Oil Corporation Ltd. quoted a 52-week high price of Rs 196.8 and 52-week low prices of Rs 85.51, respectively.
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