AXY Financial News

21.07 / 08:51

Provident Digital AXY Manufacturing Mobile performer Paytm, HUL, Airtel, 6 others in momentum, cross 20-day SMA

Shoppers Stop, Marico, and others demonstrated their strength and positive momentum by surpassing this indicator.Let's delve into their recent accomplishments. (Data Source: StockEdge)1. Bharti AirtelBharti Airtel surged above the 20 SMA on July 21, 2023, with its stock price at Rs.

21.07 / 06:01

AXY NIFTY SENSEX Vodafone index Stock market update: Nifty Bank index falls 0.23% in a weak market

State Bank of India(up 1.29 per cent), IDFCBANK(up 1.04 per cent), Bank of Baroda(up 0.63 per cent), Kotak Mahindra Bank(up 0.52 per cent) and Punjab National Bank(up 0.23 per cent) were among the top gainers. Federal Bank(down 1.79 per cent), IndusInd Bank(down 0.99 per cent), HDFC Bank(down 0.63 per cent), ICICI Bank(down 0.55 per cent) and Axis Bank(down 0.47 per cent) were the top losers on the index.

21.07 / 04:51

Lowe's AXY share price Axis Bank Share Price Live blog for 21 Jul 2023

₹970.6 and closed at ₹977.9. The stock reached a high of ₹985 and a low of ₹970.6 during the day.

20.07 / 19:33

COST UPS FIVE AXY Platform Infosys cuts FY24 forecast, misses Q1 profit estimates

NEW DELHI : Infosys Ltd on Thursday reported its weakest June quarter revenue growth since FY21 and slashed its annual sales forecast for the current fiscal year. The Bengaluru-based tech bellwether said that in constant currency terms, which does not account for currency fluctuations, revenue rose 1% from the preceding quarter and 4.2% from the year earlier to touch ₹37,933 crore. Net profit rose 10.9% from a year earlier to ₹5,945 crore, while operating margin came in at 20.8%, in line with its guidance of 20-22% for the fiscal.

20.07 / 15:21

Provident AXY Entertainment Sony IBC IDBI Bank moves NCLAT against NCLT order on ZEE

₹149.60 crore from Zee Entertainment. The case has been filed with the court registrar, but is yet to be listed for hearing. The public sector lender had filed the petition under Section 7 of the Insolvency and Bankruptcy Code (IBC), which allows a financial creditor to file an application for initiating Corporate Insolvency Resolution Process (CIRP) against a corporate debtor before the adjudicating authority.

20.07 / 10:51

AXY SUN NIFTY SENSEX Time Sensex rallies 474 pts to fresh all-time high; Nifty nears 20,000

The Nifty 50 index ended 146 points or 0.74% higher to end at its record peak of 19,979. The S&P BSE Sensex surged 474 points or 0.71% and ended at 67,572. From the Sensex pack, ITC, Kotak Mahindra Bank, and ICICI Bank were the top gainers, rising over 2% each.

19.07 / 10:55

Digital AXY Career Remark awards Shell ETPWLA 2023: Announcing the nominees for the HR Leader of the Year Award

This year, the shortlisted nominees for the ETPWLA 2023 include Amrita Padda, Chief People Officer, Airtel; Pratibha Priyadarshini, Vice President, Human Resources, Shell India; Rajkamal Vempati, President and HR Head, Axis Bank; Raju Mistry, President and Global Chief People Officer, Cipla and Renu Bohra, Chief People Officer, DB Schenker. These exceptional women leaders have revolutionised conventional approaches to HR management and skillfully navigated the shifting tides of the industry, emerging triumphant.Amrita Padda, Chief People Officer, Airtel Amrita Padda, the Chief People Officer of Bharti Airtel India, brings a wealth of experience and notable accomplishments to her role.

19.07 / 09:19

AXY Strategy Align Chase awards What Mukesh Ambani's buy 1 get 1 offer mean for 36 lakh RIL shareholders

Mukesh Ambani announced the timeline of a 'buy 1 get 1' offer for shareholders of Reliance Industries on July 8, retail investors have been chasing India's largest stock to get rewarded with shares of Jio Financial Services (JFSL) ahead of its big-bang listing. If you are one of those 36 lakh RIL shareholders at the end of today's trading session, you will be eligible to earn one share of JFSL for every stock of RIL owned.

19.07 / 09:19

Provident AXY Enterprise Axis Bank, Britannia Industries among 10 Nifty50 stocks with Golden Crossover pattern. Know what it signifies?

Golden Crossover is, its significance in assessing stock movement, and analyze the ten selected stocks, providing valuable insights for potential investors. The Golden Crossover is a key technical pattern that occurs when a stock's short-term moving average crosses above its long-term moving average. The most commonly used moving averages in this context are the 50-day simple moving average (SMA) and the 200-day SMA.

19.07 / 08:27

IPO Booking AXY SUN band Netweb Technologies IPO: Issue subscribed over 27 times on day 3 so far; check details

IPO Subscription Status: The initial public offering (IPO) of Netweb Technologies Ltd was subscribed 27.36 times on Day 3 so far. The public issue that opened for subscription on Monday, July 17, and will end on Wednesday, July 19. Non Institutional Investors(NIIS), employees, and qualified institutional buyers (QIBs) enthusiastically responded to the issue on the final day of subscription, followed by retail investors.

19.07 / 02:01

AXY Power Four bidders give EoIs for Vidarbha power debt

ARC backed by Varde Partners, Reliance ARC, Rare ARC and Asset Reconstruction Company India (Arcil) — have submitted expressions of interest (EOIs) to acquire the debt of Vidarbha Industries Power, people in the know told ET. These bidders will proceed with due diligence and may submit final bids during the Swiss challenge process to sell the debt. CFM ARC has already made an all-cash offer of ₹1,220 crore and it will serve as the anchor bid.

19.07 / 00:41

AXY Action NIFTY jio financial Financial All you need to know about RIL-Jio Financial demerger

Reliance has announced the demerger of its financial services business into Reliance Strategic Investments as part of its group restructuring. The spun-off entity has been renamed Jio Financial Services, which will be listed soon. The demerger of the financial services business involves a spin-off of Reliance Industries' 6.1% treasury shares.What is in it for Reliance shareholders?Under the demerger arrangement, shareholders of Reli

18.07 / 18:47

AXY Covenant Power Azure Power India in talks with lenders to modify loan terms

Azure Power India is in talks with their onshore lenders to modify the terms of the ₹1,680-crore loans, which gives banks the right to increase the pricing on the rupee loan or even recall the debt facilities if the rating is downgraded from the current level, said a research report. Last week, Crisil Ratings downgraded the loan facility of Azure Power India to BBB+, citing a delay in releasing audited results for the financial year ending March 2022.

18.07 / 12:47

UPS Provident FIVE AXY TCS expansion Deal Amid slowdown forecast, Infosys wins $2 bn AI, automation deal expansion

market capitalization, late on Monday said that it has signed a mega deal with one of its existing clients. In an exchange filing, the company said that the deal to provide artificial intelligence (AI) and automation development, modernization and maintenance services is valued at $2 billion, and will be spread over the next five years. Details of the client were not disclosed.

18.07 / 12:47

Target AXY NIFTY Discover SENSEX jio financial jio financial services services place Financial How the RIL-Jio Financial Services demerger will take place - explained

Reliance Industries (RIL) on Thursday (July 20). RIL on July 8 announced in a BSE filing that the National Company Law Tribunal approved the planned demerger of Jio Financial Services. It announced the record date of July 20, 2023, for the same.

18.07 / 08:13

UPS Target Digital AXY CEO JPMorgan jio financial Financial Jio Financial Demerger: Should you buy Reliance shares for windfall gains before record date?

Reliance Industries (RIL) who will be rewarded with 1 share of JFSL for every share of RIL owned. To be eligible for the value unlocking by billionaire Mukesh Ambani, you must be a RIL shareholder before the record date of 20 July, which means that the last day to buy the stock is July 19, tomorrow. «We recommend investors to buy RIL before the record date i.e.

18.07 / 05:09

UPS AXY NIFTY SENSEX Stock market update: Sugar stocks down as market rises

DCM Shriram Industries(up 4.47%), Rajshree Sugars & Chemicals(up 3.75%), MAGADHSUGAR(up 1.27%), Bannari Amman Sugars(up 0.71%), Dhampur Sugar Mills(up 0.41%), Kothari Sugars & Chemicals(up 0.34%), Ponni Sugars(Erode)(up 0.22%), KCP Sugar & Industries(up 0.20%), K.M.Sugar Mills(up 0.19%) and Ugar Sugar Works(up 0.04%) were among the top gainers. Sakthi Sugars(down 0.61%), BAJAJHIND(down 0.58%), Triveni Engineering & Industries(down 0.47%), Dalmia Bharat Sugar & Industries(down 0.45%), Rana Sugars(down 0.42%), Balrampur Chini Mills(down 0.36%), Vishwaraj Sugar Industries(down 0.31%), Uttam Sugar Mills(down 0.22%), AVADHSUGAR(down 0.22%) and Simbhaoli Sugars(down 0.21%) were among the top losers.

18.07 / 04:55

Target Digital AXY CEO jio financial jio financial services share price services Financial Jio Financial Services demerger: RIL share price may see a 3-5% upside, say experts

Reliance Industries' (RIL) financial services arm has the potential to generate a positive impact on the stock. Brokerage firms believe the demerger has the potential of unlocking significant value for the company and its shareholders. It could give a boost to the stock price by 3-5 per cent.

18.07 / 01:59

UPS Digital Booking AXY NIFTY Time Is it the right time to buy HDFC Bank? Gurmeet Chadha answers

«The key to watch for bank in my view is that two things — how can they ramp up the liability growth which they have been doing, so last year they did 21% liability growth which is what is needed,» says Gurmeet Chadha, Complete Circle Consultants.Your sense as far as the HDFC numbers are concerned. The profitability is quite decent at Rs 11,950 crore, NII in line at Rs 23,600 crores though there is a slight deterioration when it comes to the asset quality.I think one word steady.

18.07 / 01:45

UPS Target AXY Enterprise NIFTY SENSEX Buy or sell: Vaishali Parekh recommends three stocks to buy today — 18th July

Buy or sell stocks for today: Following strong global market cues, Indian stock market ended higher on Monday. Nifty and Sensex scaled to a new peak of 19,731 and 66,656 respectively. Bank Nifty index finished 630 points higher at 45,449 mark.

18.07 / 00:23

UPS IPO AXY Manufacturing Flair Writing files IPO papers to raise Rs 745 crore

Flair Writing Industries has filed its draft red herring prospectus (DRHP) with market regulator Securities and Exchange Board of India (Sebi) to raise about ₹745 crore through an initial public offering. The issue will comprise a sale of fresh shares aggregating up to ₹365 crore and an offer for the sale of shares worth up to ₹380 crore by existing shareholders.

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