Booking Financial News

general elections in India would be one of the key triggers for the markets. Also Read: Diwali 2023 Stock Picks: Reliance, GAIL, Dr Reddy’s among top 10 buys from HDFC Securities However, analysts are bullish on the domestic markets given the resilient macros of the Indian economy. “The market is likely to witness a major rally before the next Samvat.

₹ 400 crore through an initial public offering (IPO). The company's IPO comprises a fresh issue of up to ₹400 crore.

Fixed deposits (FDs) are a favoured investment option among senior citizens for a variety of compelling reasons. Considering how continued market upheavals have left many investors, especially, senior citizens deciding between equities and debt instruments, many of them are now looking forward to earning from high-yield FDs issued by small finance banks (SFBs) that have helped many to gain high returns that not only help beat inflation but amass on more wealth for the remaining years of their lives. It’s not widely recognized that SFBs fall under the regulatory authority of the Reserve Bank of India (RBI).

First-time home buyers who borrowed in the interest rate trough and bought a house at the previous price peak are rolling on to new variable interest rates that are higher than the buffers applied by banks when customers took out the loan.

In Heather Reisman’s first quarterly conference call with analysts since her return to Indigo Books & Music Inc. in September, she introduced herself as both the company’s CEO and “chief book lover.”

₹307 today. The stock is now 5.2 percent down from its IPO price of ₹324. The stock breached its issue price level in yesterday's deals, ending at ₹322.50.

Airbnb says the biggest reason it loses some bookings to hotels is that people never know exactly what their Airbnb rental will look like until they check in

2008 financial crisis. His unconventional investment strategy and steadfast confidence in his convictions have established his reputation as a savvy and non-traditional investor. Burry’s current net worth is estimated to be somewhere near $300 million.

Thursday as investors preferred booking profit in the absence of triggers for bullion. The prices in gold and silver declined despite a weak dollar index (DXY). MCX December gold futures were trading at Rs 59,901 per 10 gram, up by Rs 108 or 0.18% from the Thursday closing price.

Siddhartha Khemka, V-P, Head of Research (Retail), MOFSL, says “the passenger vehicle segment within the auto universe has been consistently doing well. But of late, we have seen good recovery especially in the festive season, where demand for some of the two-wheelers have been pretty strong and some of the niche players have reported good numbers like Eicher. But the foray into EVs is helping companies like TVS Motors to show a stronger growth. In the two-wheeler space in terms of valuations, Hero Moto continues to trade at a steep discount to something like Bajaj Auto and Eicher.” How are you seeing this QSR space develop and how do you see this moving because the trend of burgers versus pizza seems to be continuing even as of now. Plus, you do have those factors coming in from food inflation at some point of time as well. So, overall, in this QSR space, anything that you find attractive or what are you looking at here? Yes, definitely, there has been a case in the last few quarters where there is a clear-cut differentiation between the pizzas and the burgers.

Sunny Agrawal, Head of Fundamental Equity Research, SBI Securities, “for FY23, Mrs Bector’s has reported net sales of around Rs 1,362 crore and net profit of Rs 90 crore. Our estimate suggests that sales are likely to expand from Rs 1,362 crore in FY23 to Rs 1,891 crore, almost Rs 1,900 crore in FY25 and net profit of Rs 90 crore from FY23 to Rs 167 crore in FY25. ” Just going through some of the buy calls that you are issuing out. I just wanted to get a sense of names like Mrs Bectors Food right now. I have picked up this one because you have already seen a massive rally in the stock year to date. How much more of an upside do you think the stock can garner on a 12-month basis? And what makes you so bullish on this story? My price target for Mrs Bectors Food is around Rs 1358. As we all know, Mrs Bectors Food is one of the leading players in the biscuit and bakery category in North India. Their biscuit brand is Cremica and on bakery side, English Oven is the brand which they are riding the rally on.

Slow Horses’ is set to make a comeback after its two successful seasons in the past. The new trailer for season 3 was released on November 7, 2023 for the fans. Available on Apply TV+ and rated highly, Slow Horses is based on Mick Herron’s Slough House book series.

DLF Ltd, the poster boy of the post-pandemic K-shaped economic recovery, is on solid ground. In the September quarter (Q2FY24), pre-sales or bookings rose 9% year-on-year to ₹2,228 crore, with a majority of the bookings accruing from existing projects. There were no material new launches in Q2.

₹254 crore. Painful memories of the overenthusiastic participation of mutual funds (MFs) in the IPOs of new-age internet-based companies, such as Paytm (One97 Communications), Zomato, CarTrade and PB Fintech, continue to haunt retail investors. There were concerns about the high valuations of these companies and the stocks plunged on their listing day.

Tata Power) total installed power capacity will be green by FY26, said CEO and MD Praveer Sinha on Wednesday, adding that the company does not plan to add any new thermal power capacity. «Currently, our clean energy portfolio is 5,500 MW. We have another 3,700 MW of renewable projects under implementation.

Power Finance Corporation (PFC) on Wednesday posted a nearly 27% rise in its consolidated net profit to ₹6,628.17 crore in the July-September quarter compared to a year ago. The consolidated net profit of the company was ₹5,229.33 crore in the quarter ended on September 30, 2022, a BSE filing showed. Total income rose to ₹22,403.69 crore in the quarter from ₹19,344.39 crore in the same period a year ago.

The high cost of living is dampening the holiday joy for many Canadians as they plan to cut spending on gifts and travel over the winter break, polling shows.

The S&P 500 is up 14% this year, but just eight days that explain most of the gains. 

Raymond Ltd on Wednesday reported a marginal rise in its net profit to ₹159.78 crore for the September quarter from ₹158.86 crore in the previous year. While the profit growth was modest, it came amid a delayed festive and wedding season, which typically contributes significantly to the company's sales. “With the onset of festivities and wedding season, we at Raymond are optimistic that there will be an uptick in the consumer demand and overall sentiments should remain positive," said Gautam Hari Singhania, chairman & MD, Raymond Ltd.

₹490 crore from the capital markets, which is a complete offer for sale (OFS). Also Read: ASK IPO day 2: Issue subscribed 1.34 times, retail, NII portion fully booked On the final day of subscription (November 08), the robust demand from the retail segment continued, with the subscription rate reaching 8.93 times.

₹2,000 crore from Naresh Korthari-led alternative assets investor Alpha Alternatives Group through a combination of warrants and InvIT route over a period of 12-18 months, according to the company's second-quarter analyst presentation. As part of the deal, Alpha and its other entities will pick up a 10% stake in Dilip Buildcon via warrants at ₹328.05 per warrant. This will translate into an infusion of ₹530 crore into the company via warrants.