Target Financial News
08.05 / 14:15
UPS
Provident
Target
Manufacturing
security
Sustainability
Asahi India, Inox Air sign 20-year agreement for green hydrogen supply
MUMBAI : Inox Air Products has signed a 20-year agreement with Asahi India Glass Ltd (AIS) to supply green hydrogen to the glass maker's greenfield float glass facility in Chittorgarh, Rajasthan. As part of the agreement, announced on Tuesday, Inox Air Products will handle the design, engineering, installation, operations, and continuous supply of green hydrogen to the AIS facility for the next 20 years. This project marks Inox Air’s first green hydrogen unit, with a planned capacity of 190 tonnes per annum.
08.05 / 14:15
UPS
Target
classical
reports
Features
New Royal Enfiled Classic 350 Bobber leaks surface online: Single-piece seat and ape-hanger style handlebar expected
Goan Classic 350 will appeal to motorcycle enthusiasts who enjoy customizing their rides. A teaser image offers a glimpse into the motorcycle's distinctive features, reported the publication. Notably, the handlebar has been redesigned in an ape-hanger style, while the headlamp is taken from the Himalayan 450, featuring an all-LED setup.
08.05 / 13:33
Target
Remark
Election
country
Interviews
rowing
‘Hua to hua’ to ‘people on the east..’ : 7 remarks by Sam Pitroda that left Congress red-faced
Bharatiya Janata Party (BJP) leaders, including Prime Minister Narendra Modi, used Pitroda's statement to corner the Congress party right in the middle of Lok Sabha Elections 2024. Speaking during an election rally in Telangana, the Prime Minister demanded a response from Congress leader Rahul Gandhi, saying that the country "won't tolerate disrespect on the basis of the colour of skin". Finance Minister Nirmala Sitharaman lashed out at Congress leader Sam Pitroda for his ‘racist’ remark, saying it reveals the mindset and attitude of Rahul Gandhi’s mentor.
08.05 / 13:33
markets
COST
Target
Southern
Research
rowing
Cement sector: 5 Key reasons why India Ratings maintains a neutral outlook for FY25 despite healthy demand
ACC, Ambuja Cements share prices have risen 23-46% in a year indicating strong investor confidence amidst firm demand outlook. India Ratings and Research however has maintained a neutral outlook on the cement sector for FY25.
08.05 / 13:33
Target
Digital
Manufacturing
economy
Coherent
President
politician
Xi Jinping’s hunger for power is hurting China’s economy
rubber-stamp parliament, is under way in Beijing. The top leaders and thousands of delegates will attend for a week. So far the signals are not reassuring.
08.05 / 13:33
Target
Remark
Election
President
‘Looked at myself in mirror and I appeared…’: Himanta Biswa Sarma on Sam Pitroda's 'Chinese, African' remark
“inheritance tax" statement which is still a hot topic among the BJP leaders during election rallies. Condemning Sam Pitroda's remarks, Himanta Biswa Sarma said, “After I heard Sam Pitroda's statement, I looked at myself in the mirror and I appear as a proud Assamese and Indian, not as a Chinese...This is a racist comment." Himanta Biswa Sarma also attacked Rahul Gandhi for not “disowning" Sam Pitroda yet. “There is one thing that those who are near Rahul Gandhi always insult the northeast.
08.05 / 13:05
Target
Booking
Food
country
reports
Schools
Features
Uber forecasts gross bookings for second quarter below expectations
Uber forecast second-quarter gross bookings below expectations after missing the target for the first three months on Wednesday, signaling weakness in its ride-share and food delivery services. The company's profitability push, however, is yielding result as core profit for the first quarter and its forecast exceeded Wall Street expectations.
08.05 / 11:11
Target
Manufacturing
economy
Research
performer
shock
International
India F24 GDP growth likely hit 8%, to grow 7% in FY25: CEA Nageswaran
NEW DELHI : India's economy likely expanded at 8% through fiscal year 2024 (FY24), and growth in the current year is projected at 7%, V Anantha Nageswaran, chief economic adviser to the government, said on Wednesday. Speaking at an event organized by think tank National Council of Applied Economic Research (NCAER), Nageswaran said that for the Indian economy to register 7% or higher growth for the fourth consecutive year in FY25, “a lot would depend on the monsoons." "Right now, the expectations are that we will have an above-normal monsoon. But, spatial and temporal distribution (of rainfall) will matter," he said.
08.05 / 11:03
08.05 / 08:37
Citi
Target
wellness
Experts
show
recommendations
Technical stock picks for May: Nirmal Bang likes IEX, City Union Bank – here's why
Indian Energy Exchange (IEX) - BUY IEX above ₹157.40, ADD on dips at ₹150 for a target of ₹185 with a strict stop loss of ₹144. As per the brokerage, technically, the weekly chart suggests that the stock has given the breakout of a downward-sloping channel suggesting a potential upmove in the near term. It is well placed above all the important moving averages on a closing basis.
08.05 / 07:15
markets
Provident
Target
Manufacturing
reports
recommendations
Earnings review: Voltas shares drop over 9% on weak Q4 results; should you still buy?
Voltas lost over 9 percent in intra-day deals today after the firm posted weak results for the quarter ended March 2024 (Q4FY24). This is the third straight session of decline for the FMEG firm, losing over 15 percent in this period. The firm reported a 22.75 percent drop in its consolidated net profit at ₹110.64 crore for Q4FY24 as against ₹143.23 crore in the corresponding period last year on the back of higher expenses.
08.05 / 06:33
markets
Target
Remark
Election
Gillette
Experts
recommendations
Stock market crash: Sumeet Bagadia recommends 5 breakout stocks to buy despite India VIX index rising 50% in one month
Stock market today: Despite the persistent rise in the India VIX index, the Indian stock market has shown remarkable resilience, continuing to correct for the fourth straight session. Today, the Nifty 50 opened lower at 22,231 and went on to touch an intraday low of 22,185. The BSE Sensex today opened with a downside gap and touched an intraday low of 73,073 mark whereas the Bank Nifty today registered arouund 0.65 percent fall within an hour of stock market's opening bell.
08.05 / 06:33
UPS
Target
Extreme
economy
Sustainability
Research
India expects FY25 growth of more than 7%, chief economic adviser says
India needs 8-10% growth over next decade to reap demographic dividend: RBI However, April's RBI bulletin warned that extreme weather events and prolonged geopolitical tensions could lead to volatile crude oil prices and pose inflation risks. In an event hosted by the National Council of Applied Economic Research in New Delhi, the CEA said, "The omens are good for us to continue the steady growth rate".
08.05 / 05:31
UPS
Target
track
reports
recommendations
rights
JSW Energy shares jump nearly 6% after Q4 results. Here’s what brokerages say
Shares of JSW Energy surged 5.8% today on BSE to the day’s high of Rs 618 after brokerages raised target prices on the stock following Q4 results. The company reported a 22% YoY jump in March quarter profit to Rs 345 crore.
08.05 / 03:59
08.05 / 03:59
markets
UPS
Target
Trade
Experts
recommendations
F&O stocks to buy today: Wipro, ITC among top 9 trading ideas for 8 May 2024
The Nifty future closed negative with losses of 0.78% at 22375 levels on Tuesday. India VIX was up by 2.71% from 16.60 to 17.05 levels.
08.05 / 03:59
markets
UPS
Target
security
WhatsApp
reports
Financial
Buy Mahindra & Mahindra Financial Services, target price Rs 320: Anand Rathi
Mahindra Financial Services Ltd. is Rs 256.8. Mahindra & Mahindra Financial Services Ltd., incorporated in the year 1991, is a Large Cap company (having a market cap of Rs 31753.12 Crore) operating in NBFC sector.
08.05 / 03:19
Target
Strategy
Align
Sustainability
Research
Trade
show
Aurobindo Pharma Options Radar: Use Bull Call Spread to capture uptrend
Aurobindo Pharma has been in a broad range since November 2023 wherein the stock has taken support near Rs 985 levels a few times while on the upside, it shows a resistance near its all-time high level of Rs 1,177. Post 19th March, the stock has been in a broader uptrend and has not been able to breach its resistance zone in the past 5 trading sessions.
08.05 / 03:15
markets
Target
Action
Analysis
Trade
Experts
recommendations
Day trading stocks to buy: TCS to DLF — Anand Rathi expert recommends three shares to buy today
Stock market today: Following a period of sideways movement on Monday, the Indian stock market experienced a significant shift on Tuesday, slipping into the weakness zone with range-bound action and ending lower. The Nifty 50 index dipped 140 points and closed at the 22,302 mark, the BSE Sensex corrected 383 points and closed at the 73,511 level, while the Bank Nifty index lost 609 points and finished at the 48,285 mark. This marked a notable change in the market's performance, with the India VIX index surging to a new 52-week peak of 17.64 and finishing 2.45 percent higher at 17.01 level, recording nearly 35 percent rise in one week.
08.05 / 02:41
markets
Target
security
Analysis
trends
Trade
recommendations
Stock market today: Trade setup for Nifty 50 to India VIX, four stocks to buy or sell on Wednesday — May 8
Stock market today: After showing a sideways movement (a term used to describe a market that is neither trending up nor down) with a weak bias (a slight inclination towards a particular direction) on Monday, the Indian stock market slipped into the weakness zone (a period of declining prices) with range-bound action (a situation where the price of a security trades in a narrow band) and ended lower on Tuesday. The Nifty 50 index dipped 140 points and closed at the 22,302 mark, the BSE Sensex corrected 383 points and closed at the 73,511 level, while the Bank Nifty index lost 609 points and finished at the 48,285 mark.
08.05 / 02:41
UPS
Target
Election
voice
Lok Sabha Elections 2024: Congress contesting 328 seats, fewest ever. Details here
2019 Lok Sabha elections, the Congress had fielded candidates on 421 seats. In 2014, it contested 464 seats and in 2009, the party fielded candidates on 440 seats. The party contested 417 seats in 2004 Lok Sabha elections.
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