Experts Financial News
22.10 / 07:19
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ACC shares down 1.51% as Nifty drops
ACC Ltd. traded 1.51 per cent down in Tuesday's trade at 12:33PM (IST). Around 3,446 shares changed hands on the counter. The counter opened at Rs 2308.55 and touched an intraday high and low of Rs 2329.0 and Rs 2265.15, respectively, in the session so far. Shares of the company of ACC Ltd. quoted a 52-week high of Rs 2843.0 and a 52-week low of Rs 1803.8.
22.10 / 06:01
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Southern
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orienteering
Southern cement sector poised for growth amid industry consolidation: Rakesh Arora
«And with this acquisition of India Cements by UltraTech and now Orient by Ambuja Cement, it is getting to the levels where the other regions are. So, very positive for the southern cement companies and also on India Cements,» says Rakesh Arora, Go India Stocks Just talking about now this value at 10,400 crores, given that it has now the third largest position in the South, what do you make of this further consolidation within the cement sector? Rakesh Arora: You have two large players who are trying to gain market share and consolidation has been going on pretty strongly. And I think this is the right step for the industry, especially South India has been highly fragmented. In other regions, the top five players have 80% capacity share. In South India, it was closer to 50%. And with this acquisition of India Cements by UltraTech and now Orient by Ambuja Cement, it is getting to the levels where the other regions are. So, very positive for the southern cement companies and also on India Cements.
22.10 / 06:01
22.10 / 06:01
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Food
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medicines
India sends humanitarian aid to Palestine; consignment comprises 30 tons of essential items
This initial consignment comprises 30 tons of essential items, including medicines, surgical supplies, dental products, general medical items, and high-energy biscuits, which will be distributed through the United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA). Sharing a post on X, Randhir Jaiswal, the official spokesperson of the Ministry of External Affairs wrote, «India sends humanitarian assistance for the people of Palestine through UNRWA.»
22.10 / 06:01
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Pidilite Ind shares gain 0.39% as Sensex falls
Pidilite Industries Ltd. traded 0.39 per cent higher in Tuesday's session at 11:25AM (IST). The stock opened at Rs 3145.6 and has touched an intraday high and low of Rs 3183.4 and Rs 3145.6, respectively, during the session so far. The stock quoted a 52-week high of Rs 3414.4 and a 52-week low of 2293.1. About 1,593 shares changed hands on the counter so far.
22.10 / 06:01
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Actor
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testing
Investigations
CPI(M) MLA Mukesh arrested in sexual assault case, released on bail
Special Investigation Team (SIT) on Monday in connection with a 2010 sexual assault case in the central Kerala district of Thrissur. His lawyer confirmed that the MLA was arrested, his medical examination and potency test were carried out and then he was released as he had been granted anticipatory bail in the case by a sessions court on September 24. Two cases have been registered against Mukesh, one by the Wadakkanchery police and the other by the Maradu police and in both he has got anticipatory bail. According to the police, the complainant in the case at Wadakkanchery is the same female actor on whose complaint a FIR has been lodged against him at Maradu police station.
22.10 / 06:01
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Share price of HDFC AMC falls as Nifty weakens
HDFC Asset Management Company Ltd. slipped 0.4 per cent to Rs 4584.95 in Tuesday's trade as of 11:20AM (IST). The stock hit a high price of Rs 4646.9 and low of Rs 4544.5 during the session. The return on equity (ROE) for the stock stood at 28.08 per cent. Traded volume on the counter stood at 11:20AM shares and turnover at Rs 2.23 crore around that time. The stock of HDFC Asset Management Company Ltd. quoted a 52-week high price of Rs 4862.0 and 52-week low prices of Rs 2691.2, respectively.
22.10 / 06:01
markets
MET
Strategy
Experts
audience
Videos
'Dara kyu rhi ho': Watch 12-year-old Bundeli influencer Binnu Rani asking MP CM Mohan Yadav to like, subscribe in hilarious video
Chhatarpur, Binnu Rani, whose real name is Deepa Yadav, recently visited the Chief Minister's residence in Bhopal. Known for her Bundeli language videos, Binnu Rani met with Chief Minister Dr. Mohan Yadav during an official gathering.
22.10 / 06:01
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MET
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Election
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Maharashtra Assembly election: Balasaheb Thorat meets Sharad Pawar ahead of MVA seat-sharing meeting
Congress state legislature party leader Balasaheb Thorat on Tuesday met with Sharad Pawar of the NCP (Sharadchandra Pawar) ahead of today's meeting of the Maha Vikas Aghadi (MVA) constituents, which includes that two parties and Shiv Sena (UBT) on seat-sharing for the upcoming Maharashtra assembly polls. Shiv Sena (UBT) leader Sanjay Raut said «Congress' senior leader Balasaheb Thorat who was in Delhi has come to meet Sharad Pawar today morning. Later, he will go to Matoshree and then we Uddhav Thackeray and other Shiv Sena leaders will have a meeting with Congress leaders and then we will see what to do, but everything is fine as of now...» Yesterday, the Central Election Committee (CEC) of the Congress chaired by Congress chief Mallikarjun Kharge had met in the national capital to finalise candidates for the assembly polls.
22.10 / 04:29
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hospital
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Neutral on Oberoi Realty, target price Rs 2,056: Motilal Oswal Financial Services
neutral call on Oberoi Realty with a target price of Rs 2,056. The current market price of Oberoi Realty is Rs 1963. Oberoi Realty Ltd., incorporated in 1998, is a largecap company with a market cap of Rs 71869.62 crore, operating in the Real Estate sector. Oberoi Realty's key products/revenue segments include income from project development, lease rentals, income from hospitality and other operating revenue for the year ending 31-Mar-2023.
22.10 / 04:29
markets
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Hyundai
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Nomura, Macquarie initiate coverage on Hyundai Motor on listing day, signal up to 26% return
Hyundai Motor India, which is set to debut on the bourses today, has earned 2 positive ratings from global brokerage firms Nomura and Macquarie as they have initiated coverage on the stock with the target price going as high as Rs 2,472. The stock has earned a buy rating with a target price of Rs 2,472 from Nomura, predicting a 26% upside while Macquarie has an outperform rating on the stock with a target price of Rs 2,235, which indicates a 14% upside potential.
22.10 / 04:29
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CEO
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PAM
Schools
Peak XV's Surge selects 14 startups for tenth cohort; focuses on AI, financial services
Surge, Peak XV’s programme for early-stage startups, has selected 14 startups for its tenth cohort, focusing on artificial intelligence (AI), financial services, consumer sectors and healthcare. Rajan Anandan, managing director of Peak XV, told ET that this is Surge’s most broad-based cohort, both geographically and across sectors. This also marks Surge’s second cohort since Peak XV Partners was formed following the split from Sequoia Capital.
22.10 / 04:29
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Waters
Experts
PAM
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Schools
China holds live-fire drills opposite Taiwan, a week after large-scale exercise
The live fire drills were being held near the Pingtan islands off Fujian province from 9 a.m. to 1 p.m., according to a notice from the Maritime Safety Administration. It warned ships to avoid the area. It did not offer additional details. Taiwan's Defense Ministry said China's drills were part of an annual exercise and was tracking them. «It cannot be ruled out that it is one of the ways to expand the deterrent effect in line with the dynamics in the Taiwan Strait,» the statement added.
22.10 / 04:29
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trends
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International
Rupee turns flat at 84.07 against US dollar in early trade
rupee stayed flat at 84.07 against the US dollar in early trade on Tuesday as positive sentiment in domestic equity markets was negated by the unabated outflow of foreign funds. The local unit resisted the fall on the back of the retreating dollar and a downward movement in the crude oil prices, forex traders said. At the interbank foreign exchange, the rupee opened at 84.07 against the greenback and traded on a flat note in early deals.
22.10 / 04:25
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IPO
Hyundai
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band
recommendations
Hyundai Share Price Live Updates: GMP falls ahead of listing
Stay tuned to know about latest GMP, listing details, expert views, more.According to brokerage Master Capital Services, the Hyundai Motor India IPO, which launched on October 15, 2024, is highly anticipated due to the company’s strong market position in the Indian passenger vehicle segment. On 21st Oct, the company’s shares at pre-listing are trading at a grey market premium of ₹75 which is 3.8% higher than its original price band.
22.10 / 04:03
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trends
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Experts
F&O Radar | Deploy Bear Put Spread in LTIM stock to benefit from bearish market sentiment
LTIMindtree (LTIM) are currently trading at Rs 5,943, reflecting a short-term downtrend after pulling back from higher levels. A bearish double top pattern has formed on the daily chart, and the price has broken below a rising trend line, signaling a potential breakdown and further downside risk.
22.10 / 04:03
markets
Digital
Software
Experts
social
testing
Profiles
Facebook owner Meta restarts facial recognition tech in 'celeb-bait' crackdown
Meta shut down facial recognition software on Facebook amid a groundswell of privacy and regulator pushback, the social media giant said on Tuesday it is testing the service again as part of a crackdown on "celeb bait" scams. Meta said it will enroll about 50,000 public figures in a trial which involves automatically comparing their Facebook profile photos with images used in suspected scam advertisements. If the images match and Meta believes the ad are scams, it will block them. The celebrities will be notified of their enrollment and can opt out if they do not want to participate, the company said.
22.10 / 04:03
markets
Digital
Dreams
Experts
social
'Missing parties to $500K per year earning': 23-year-old Delhi entrepreneur’s sacrificial success sparks debate
Kushal Arora, has sparked debate on social media after posting about the sacrifices he made to earn over Rs 4 crore annually. His tweet, which highlighted his work ethic and lifestyle choices, received mixed reactions, with many users criticizing him for pressuring young people to follow a similar path.
22.10 / 04:03
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information
Smallcap multibagger stock 3:1 bonus shares issue record date tomorrow. Last chance to buy
small cap multibagger stock Grovy India are likely to remain in focus today as the company had fixed October 22 as the record date for the purpose of its 3:1 bonus share issue. “This is to inform you that the Company has fixed Wednesday, 23rd October, 2024 as the Record Date for the purpose of ascertaining the shareholders eligible for allotment of Bonus Shares in the ratio of 3:1, i.e. 3 (Three) Bonus Equity Shares of Re. 10/- each fully paid-up for every 1 (one) existing Equity Share of Re. 10/- each held as on the above mentioned record date,” the company said in a filing to the stock exchanges.
22.10 / 02:43
22.10 / 02:43
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Updates
Adani Green shares in focus ahead of Q2 results today
Adani Green will be in focus in today's trade as the company will announce its results for the second quarter ended September 2024. While there are no estimates for the quarterly numbers, Adani Green in its pre earnings update said the operational capacity increased by 34% YoY to 11,184 MW during the first half of the year with greenfield addition of 2,418 MW solar and 450 MW wind power plants.
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