Booking Financial News
08.11 / 12:18
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Diwali 2023 Stock Picks: Tata Power, Kajaria, Macrotech among top 6 buys from IDBI Capital
Tata Motors Ltd and Larsen & Toubro Ltd have been largest gainers have seen their share prices rise 55-61% during last on-year As the Markets have turned volatile in the recent past, picking the right stocks holds key for future upside. IDBI Capital Markets & Securities Ltd has come out with its stock picks for this Diwali IDBI Capital Markets & Securities Ltd Diwali 2023 stock pricks Birla soft Ltd, Kajaria Ceramics Ltd, Macrotech Developers Ltd, Narayana Hrudayalaya Ltd. Tata Power Company Ltd and Union Bank of India are amongst top six Diwali 2023 stock picks of IDBI Capital Markets & Securities Ltd.
08.11 / 12:18
IPO
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Sunrest Lifescience IPO day 2: Issue Subscribed more than 10 times, top 10 things you need to know including GMP
Also Read- ASK Automotive IPO: Check out 10 key things to know from RHP before investing The promoters of the Sunrest Lifescience are Mr. Nikhilkumar Y Thakkar, Mr. Amitbhai Shambhulal Thakkar, Mr.
08.11 / 12:18
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ASK Automotive IPO day 2: Issue subscribed 1.34 times, retail, NII portion fully booked
₹268 to ₹282 per equity share of face value of ₹2. ASK Automotive IPO has reserved not more than 50% of the shares in the public issue for Qualified Institutional Buyers (QIB), not less than 15% for Non Institutional Investors (NII), and not less than 35% of the offer is reserved for Retail Investors.
08.11 / 11:51
08.11 / 11:47
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Chaos in Australia as internet service provider Optus blacks out
Australia's second-largest internet provider, Optus, came when her cat's wifi-powered food dispenser failed to serve breakfast at 6:10 a.m. and her pet woke her. For disability pensioner Chris Rogers, who needs painkillers for a knee injury that prevents him from working, the problem became apparent when he drove 30 minutes to the pharmacist and his electronic prescription could not be filled.
08.11 / 11:39
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Morning Coffee: Goldman Sachs bankers to get enormous bonuses, or not. Urine on the floor at top hedge fund
It’s getting near the end of the year, when junior bankers start looking forward to the party season. Senior managing directors, however, know that they’ve got one more grueling task to get through before they can relax – the annual round of compensation committees. Dividing up the bonus pool is a fraught, political business at the best of times; in a year when there’s precious little surplus revenue to be shared out, it can be incredibly difficult.
08.11 / 10:27
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2020
Megan Fox shares her story of miscarriage with Mchine Gun Kelly
Fox discusses the miscarriage she experienced with Machine Gun Kelly. The actress shared her difficulties of miscarriage in two of her poems. The actress tells in the book, which was published, that she takes the blame for what happened.
08.11 / 09:05
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IPO tracker: Protean eGov Tech's offer booked 8.5x; ASK Automotive's issue subscribed 83% on Day 2
ASK Automotive are currently open for public subscription. Here's a brief look at subscription status and other details. Protean eGov Technologies The IPO of Protean eGov Technologies was subscribed 8.5x so far on the third day of the bidding process.
08.11 / 09:05
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Shree Cements shares fall 1.35 per cent in Wednesday's trading session
Shree Cements Ltd. fell 1.35 per cent to Rs 26300.0 in Wednesday's trade as of 01:49PM (IST) even as the benchmark Nifty ruled at 19454.95, up 48.25 points. The scrip had closed at Rs 26661.2 in the previous session.
08.11 / 08:51
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Godrej Industries Q2 Results: Net profit drops 44% YoY to ₹87 crore; board approves raising ₹1,500 crore
Godrej Industries reported a sharp drop of 44.1% year-on-year (YoY) in its net profit for the quarter ended September 2023 at ₹87.3 crore. The company had posted a net profit of ₹156.2 crore in the corresponding quarter of last year. The company’s consolidated revenue from operations in Q2FY24 declined 2.1% to ₹3,937.61 crore from ₹4,021.04 crore, YoY.
08.11 / 08:43
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Diwali 2023: Nifty 50 may see healthy gains in Samvat 2080. Which sectors should you bet on?
General Elections, inflation and interest rate trajectory are the key risks. "Any possible mandate from the forthcoming General Election, which leads to political instability or any possible spike in global oil prices (due to strong recovery in global economic growth) significantly beyond $120 a barrel will lead to Sensex falling below 55,000. These are two key risk factors for the domestic market in the next one year," said G.
08.11 / 07:57
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Kalyani Cast Tech IPO: Issue fully subscribed on first day; check latest GMP, other key things to know
₹30.11 crore from the SME IPO that closes on November 10. Kalyani Cast Tech IPO is an SME IPO and a book built issue. The IPO has received strong investors’ demand as it has been fully subscribed within hours of opening.
08.11 / 07:57
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2020
2024
Four stocks that could see big buybacks in 2024
₹470.3 billion, almost doubling the total value of share buybacks in 2022. A few more companies, including TCS and Somany Ceramics, have also announced buybacks worth ₹171.25 billion that will be executed this year. As buybacks are a more tax-efficient way of rewarding shareholders than paying dividends, an increasing number of companies are choosing this route.
08.11 / 07:39
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Pidilite Ind shares rise 1.48% as Nifty gains
Pidilite Industries Ltd. traded 1.48 per cent up at Rs 2473.6 on Wednesday at around 12:53PM (IST), while the benchmark BSE Sensex advanced 23.41 points to 64965.81. As many as 9,109 shares changed hands on the counter with a total value of Rs 2.24 crore.
08.11 / 07:25
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Expect peak revenues of Rs 3,000 odd crore from EV & non-EV components in FY26, FY27: Sunil Bohra, UNO Minda
Sunil Bohra, ED-Group CFO, UNO Minda, says: “Our total order book from the EV segment per se, which includes the EV components and also the existing components which goes into the EV vehicle, the order book stands at roughly like I would say Rs 3,000 odd crore which we expect to peak in somewhere in around FY26, FY27 because it has a ramp up and we all know that the market has been today trying to absorb the impact of the FAME II subsidy reduction, etc.” The margins this time were a steady show, but the question is that given that there are a lot of capex lined up, going forward could there be a bit of a drop in margins? As you rightly mentioned, we have continued to deliver industry-leading growth quarter after quarter. Even in this quarter, we have grown by 26% and as you rightly mentioned to support this kind of growth, we have to continuously reinvest in the business and recently the board has also approved setting up of a new alloy wheel plant for meeting the new business requirements, etc. So, definitely in the short term while we do expect the margins to maintain at around 11% plus-minus a few basis points and when we say the guidance of 11%, the incremental cost which normally tends to creep in once you commission the new plants is already baked in. We do not expect any significant deterioration or dilution in the existing margins per se.
08.11 / 05:59
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Stocks to buy: NCC, Som Distilleries among three fundamental stock picks by HDFC Securities
NCC, Som Distilleries and Breweries and Allsec Technologies. The brokerage house suggests buying these stocks and adding on dips for a time horizon of two to three quarters. Also Read: Alkem Laboratories share price rallies over 11% in two days after Q2 results beat estimates; brokerages raise target Here are fundamental picks by HDFC Securities: NCC has a well‐diversified order book, robust execution capabilities, strong focus on debt reduction and improvement in working capital.
08.11 / 03:45
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Q2 Results today: Lupin, BHEL, MCX, Tata Power, others to announce Q2 earnings
Also Read: Stocks to Watch: RIL, IRCTC, Power Grid, IndiGo, Shree Cement, SJVN On Tuesday's session, Sensex and the Nifty 50 ended a three-day winning streak due to profit booking in a few heavyweights amid weak global cues and fading optimism regarding the end of monetary tightening. Sensex closed at 64,942.40, down 16 points, or 0.03%, and the Nifty 50 closed at 19,406.70, down 5 points, or 0.03%.
08.11 / 03:45
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Dividend stocks: Birlasoft, RITES, Oberoi Realty among 6 stocks to trade ex-dividend today
Birlasoft, RITES, Great Eastern Shipping Company and Oberoi Realty are among stocks that will be in focus on Wednesday as they will trade ex-dividend today. A total of six stocks will turn ex-dividend today, as per the data from BSE. The board of directors of these companies have declared dividends for its eligible shareholders.
08.11 / 02:47
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Day trading guide for today: Six buy or sell stocks for Wednesday—November 8
Day trading guide for today: Domestic equity indices Sensex and Nifty 50 snapped their three-day winning run on profit booking today in select heavyweights amid weak global cues as optimism around the end of monetary tightening faded. Nifty 50 closed at 19,406.70, down 5 points, or 0.03 per cent, while Sensex settled at 64,942.40, down 16 points, or 0.03 per cent.
07.11 / 21:53
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'The Dragon Prince' Season 6: Check out release date, streaming platform and more
Netflix has officially announced the return of 'The Dragon Prince' for its sixth season in 2024. The series, created by Wonderstorm and available on Netflix since 2018, is a popular animated fantasy show for kids. Five seasons have already been released, with the most recent season hitting Netflix on July 23, 2023, a few days ahead of its originally scheduled date. The confirmation of the 2024 release aligns with the show's previous production pattern. The series is divided into phases, with Phase 1 named 'The Dragon Prince Saga' and Phase 2 titled 'Mystery of Aaravos,' concluding with season 6. Phase 3 will consist of a single season, serving as the seventh and final installment of the show.
07.11 / 21:18
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Stock Market Today: Dow higher as tech reigns supreme to help extend win streak
Investing.com — U.S. stocks ended higher Tuesday, notching a seven-day win streak underpinned by strength in big tech as Treasury yields fell despite Federal Reserve members signaling that rate hikes remain on the table.
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