Target Financial News

14.08 / 11:02

UPS Provident Target Strategy Browser Shell country Sin stocks – a tangled web for ESG investors to unpick this earnings season

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14.08 / 10:37

Provident Target Fighting Moderna Pfizer country covid vaccines Variant Vaccines New Covid vaccines are on the way as 'Eris' variant rises

By Michael Erman

14.08 / 10:27

UPS Provident Target DOW Tesla country China's property sector woes, Goldman Sachs' Fed outlook - what's moving markets

Investing.com — Fears over China's debt-laden property sector mount after key player Country Garden halts trading on some of its mainland bonds. Elsewhere, economists at Goldman Sachs predict when the Federal Reserve will begin cutting interest rates after an aggressive policy tightening campaign, while investors look ahead to results from large big-box brands and retail sales figures for July.

14.08 / 10:01

Target FIVE Another terror module busted by Punjab Police

Punjab Police on Monday busted another terror module with the arrest of five people who were allegedly planning to commit targeted killings in the state, officials said. The accused are operatives of Pakistan-based Harvinder Rinda and US-based Goldy Brar, said Director General of Police (DGP) Gaurav Yadav. The DGP said two foreign-made pistols were also seized from them.

14.08 / 09:43

Citi Provident Target CEO Enterprise acquires Xpressbees acquires delivery firm TrackOn

Logistics provider Xpressbees, on Monday announced its acquisition of transportation and delivery company TrackOn. With this acquisition, Xpressbees aims to target the small and medium enterprise sector through TrackOn’s franchisee network.

14.08 / 09:43

UPS Target Enterprise NIFTY blues recommendations 3 top stock recommendations from Aditya Arora

Aditya Arora, Adlytick says that “on the Nifty, we are approaching very important support levels. The zone of 19,000 to 19,300 is an important support for the market. This correction actually is because FIIs and institutions were heavy sellers since the last 10 days or so.

14.08 / 08:15

UPS Target FIVE Manufacturing Micron country electronic ‘India has advantages in semiconductors industry but be patient’: Chris Miller's big advice

Hindustan Times. He also highlighted that Taiwan plays a crucial role in the manufacturing of semiconductors, and foresaw the devastating effects a war in the Taiwan Straits would have on the world economy, the HT report said, adding that the semiconductor supply chain is controlled by a few dominant companies. In July this year, Indian and Japanese officials held discussions in New Delhi, exploring potential collaboration in crucial areas such as semiconductors and establishing robust supply chains.

14.08 / 08:15

UPS Target WPI inflation at -1.36% in July, stays in negative for fourth consecutive month

Inflation likely rose to 6.50% in July; can a fresh spike in retail inflation upset the market? Last week, the Reserve Bank of India (RBI) raised the CPI inflation targets to 5.4 per cent for FY24 versus an earlier projection of 5.1 per cent. Headline inflation projection for Q2 of 2023-24 has been revised up substantially, primarily due to the price shock from vegetables.

14.08 / 08:03

Lowe's Target Disney Entertainment Enterprise Sony Deal Sony deal spurs hopes for more gains in India's No.1 media stock

Zee Entertainment Enterprises Ltd. may see further gains in its stock price as investors bet the Indian media company’s merger with a unit of Sony Group Corp. will boost its revenue and earnings.

14.08 / 08:03

Target FIVE Booking Metro performer country social In FY23-24, expect RVNL top line at Rs 21,000 cr plus, bottom line over Rs 1,400 cr: Rajesh Prasad

Rajesh Prasad, Director of Operations, RVNL, says: “last year, in FY22-23, for the first time, we crossed the turnover or top line of Rs 20,000 crore. The bottom line was also at an all-time high. The commissioning was also at an all-time high.

14.08 / 07:37

Target FIVE Chase Here's how West Indies beat India to win the series 3-2

Hardik Pandya led young Indian side managed to take the five-match T20I series against the West Indies to the decider, but on Sunday, they were outclassed by the West Indies in the fifth match to lose the series 2-3. The thrilling five-match T20I series between India and the West Indies decided the series winner. Despite the spirited efforts of the Hardik Pandya-led Indian side, the West Indies demonstrated their prowess and secured victory in the fifth and final match.

14.08 / 07:17

Target AXY Aware Platform private credit Axis AMC launches private credit fund; eyes Rs 1,250 cr corpus

Axis Asset Management, the mutual fund arm of private sector lender Axis Bank Ltd, has launched a private credit alternative investment fund (AIF) and is aiming to raise as much as Rs 1,250 crore from investors, said people aware of the development. The private credit fund is part of Axis Mutual Fund’s alternative assets business, which comprises late-stage private equity and real estate AIFs on the private markets side, and portfolio management services and long-only equity AIFs on the public markets side.

14.08 / 06:47

COST UPS Lowe's Target Muthoot Finance tanks 8% post Q1 earnings. Should you buy the stock?

Muthoot Finance shares fell over 8% to the day's low of Rs 1,236.55 on the NSE on Monday following a downgrade by domestic brokerage Nuvama, which recommended a 'Reduce' on the stock, citing expensive valuations, while Motilal Oswal took a 'Neutral' stance estimating limited upside catalysts to push the prices further up. The views came post the June quarter earnings, where the gold financing company registered a 27% year-on-year (YoY) growth in its consolidated net profit at Rs 1,045 crore. The standalone profit after tax (PAT) was reported at Rs 975 crore, up 22% YoY.

14.08 / 06:47

COST Target show performer Patanjali Foods shares tank 5% after Q1 profit slumps 64% YoY

Patanjali Foods shares tanked nearly 5% to Rs 1,232 in Monday's trade on BSE after the company reported a nearly 64% year-on-year (YoY) drop in net profit for the quarter ended June 2023 to Rs 878 crore. However, revenue from operations rose nearly 8% YoY to Rs 7,767 crore. The sharp fall in the net profit was due to muted sales growth and a sharp deterioration in operational performance.

14.08 / 06:45

COST UPS Target Digital Metro Apollo Hospitals' focus on healthcare segment fuels positive outlook

₹57,760, up 11% year-on-year, and segment's profits at ₹264 crore, up 19% year-on-year. Overall occupancy was 62% and the company plans to achieve more than 70% over the next two years, Group CFO Akhileswaran Krishnan said. Analysts at Motilal Oswal Financial Services said that., “We remain positive on Apollo Hospitals due to its sustained healthy growth/ profitability in healthcare services.

14.08 / 06:33

UPS Target Walmart TJX electronic week This Week in Business: TJX Cos., Walmart report earnings, July retail sales data

The Commerce Department issues its July retail sales report on Tuesday, TJX reports its second-quarter earnings before the bell on Wednesday, and Walmart releases its second-quarter financial results before markets open on Thursday

14.08 / 05:51

Citi Target Entertainment film show performer Weekend PVR INOX shares jump 4% on witnessing highest-ever daily & weekend admissions and box office

PVR INOX rallied nearly 4% to Rs 1,697 in Monday's trade on BSE after the firm achieved the feat of highest ever single day and weekend admissions and box office. «PVR INOX has achieved the feat of highest ever admissions and box office in a single day across our circuit on August 13, 2023. We entertained 12.8 lakh guests and earned Gross box office revenue of 39.5 crores,» the company said in an exchange filing.

14.08 / 05:27

UPS Lowe's Target SEC Platform beautiful Drop Nykaa shares drop 11%. Here's what troubled investors after Q1 results

FSN E-Commerce Ventures, which operates online beauty and fashion retailer Nykaa, fell over 11% to the day's low of Rs 130.10 on the NSE on Monday after a clutch of brokerages spelt out growth headwinds in their post earnings review of the stock. BofA, which has taken a neutral view on the counter, sees competition as a key downside risk while ICICI Securities downgraded the stock to 'Add' and advocated tighter corporate spend to meet margin expectations. Notwithstanding an 'Overweight' stance by Morgan Stanley and a buy view by Jefferies and Nuvama, the selloff was amid high volumes as over 61.79 lakh shares changed hands on the NSE.

14.08 / 04:13

UPS Target NIFTY SENSEX VIX Stocks to buy today: Top 3 short-term trading ideas for 14 August 2023

The S&P BSE Sensex fell over 300 points while the Nifty50 closed below 19,500 levels on Friday. India VIX was up 1.07% from 11.40 to 11.52 levels in the previous trading session. Volatility inched higher and caused some discomfort to the bulls.

14.08 / 04:13

UPS Target Sell Maruti Suzuki India, target price Rs 9270: ICICI Direct

Maruti Suzuki India with a target price of Rs 9270. The current market price of Maruti Suzuki India is Rs 9277.75.

14.08 / 04:13

UPS Target Buy Titan Company, target price Rs 3038: ICICI Direct

Titan Company with a target price of Rs 3038. The current market price of Titan Company is Rs 2998.55.

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