Target Financial News
12.07 / 11:35
Target
NASDAQ
Strategy
boost
US inflation expectations boost stocks ahead of data
The dollar weakened, stocks rose and Treasury yields dipped on expectations slowing U.S. inflation will erode the case for more rate hikes.
12.07 / 11:09
12.07 / 11:05
Target
NIFTY
TCS
dividend
TCS declares interim dividend of Rs 9 per share, fixes record date
Tata Consultancy Services has announced an interim dividend of Rs 9 per equity share for the current fiscal year. «We would like to inform you that at the Board Meeting held today, the Directors have declared an interim dividend of Rs 9 per equity share of Rs 1 each of the company,» TCS said in a filing. The company has fixed July 20 as the record date for the same.
12.07 / 10:35
Target
Digital
Platform
Razorpay launches full-stack payments in Malaysia
payment gateway Razorpay has launched operations in Malaysia through its subsidiary Curlec. The Malaysian payment firm was acquired by the Sequoia backed payments unicorn in February 2022. In a statement, the company said it is operating under the brand name ‘Curlec By Razorpay’.
12.07 / 10:29
UPS
Citi
Provident
Target
Mobile
Rise in serious crimes like rape, murder in capital: Delhi Police
National capital Delhi has seen an increase in serious crimes like rape and murder over the last six months, data provided by the Delhi Police showed. It also shows an increase in theft by interstate gangs who target cars, mobile phones and vehicles in the city.
12.07 / 08:33
Lowe's
Target
Digital
Booking
UBS
valuations
UBS assumes negative view on cement sector amid rising competition, expensive valuations; downgrades UltraTech, Ambuja
ACC, Ambuja Cement and Dalmia Bharat declined on Wednesday after foreign brokerage firm UBS assumed coverage of India’s cement sector with a negative outlook. Going against the consensus view, UBS has this contrarian negative outlook of cement stocks on the back of rising competition and expensive valuations.
12.07 / 08:33
Provident
Target
Cooper
Manufacturing
Platform
Orange
Bubble in defence and drone stocks?
a heat map for defence stocks. So, are defence stocks in Indiacurrently overvalued? To understand this, let's take a look at Israel. When the state of Israel was founded, the country desperately needed trading partners.
12.07 / 08:15
UPS
Target
MET
Manufacturing
Toyota
Browser
net zero
Threat
Net zero targets under threat unless mining is stepped up, warns IEA
We don’t support this browser anymore. This means our website may not look and work as you would expect. Read more about browsers and how to update them here.
12.07 / 06:53
UPS
Target
JPMorgan
Strategy
NIFTY
HDFC stock’s 45-year-old journey ends today. What's in store now?
HDFC are getting delisted today following an all-stock reverse merger with subsidiary HDFC Bank. All existing monthly and weekly F&O contracts of HDFC will expire on Wednesday and shall be physically settled. All shareholders of HDFC will get 42 HDFC Bank shares for every 25 shares of its parent company.
12.07 / 06:53
Target
MET
Cooper
Action
Strategy
rights
China lashes back at NATO criticism, warns it will protect its rights
NATO's accusation that China challenges the bloc's interests and security, and opposed any attempt by the military alliance to expand its footprint into the Asia-Pacific region. In a strongly worded communique issued midway into a two-day summit in the Lithuanian capital of Vilnius on Tuesday, NATO said the People's Republic of China (PRC) challenged its interests, security and values with its «ambitions and coercive policies».
12.07 / 06:41
12.07 / 06:41
12.07 / 06:05
UPS
Target
Manufacturing
Mobile
Remark
Tesla
Future
Green technology and the future of the automotive industry
automotive industry. From production to disposal, the industry's contribution to climate change and CO2 emissions remains a pressing concern. Undoubtedly, moving towards a greener, more ecological solution presents an ideal business move for automobile manufacturers, offering significant potential to drive a more sustainable future. Resultantly, companies are actively seeking to launch their electric vehicle in the market. Recent statistics highlight the transformative impact of green energy on the automotive industry, with electric vehicle (EV) sales witnessing remarkable growth.
12.07 / 05:35
UPS
Target
bank stocks
Returns
These bank stocks can give up to 32% returns
Below is a list containing mean price targets for banking stocks collated with data from the latest Stock Reports Plus report dated July 10, 2023. The list also contains a count of analysts evaluating each banking stock for the next 12 months.
12.07 / 05:25
Target
FIVE
Action
TCS
SPY
share price
HCL Technologies share price in focus ahead of Q1 results; check details
HCL Technologies shares traded choppy on Wednesday's trading session ahead of the company's Q1FY23 (April-June) quarter results. Analysts anticipate that the company would report weak financial results for the April–June quarter of the current fiscal year (Q1FY24), mostly as a result of a downturn in the market environment and the impact of cancelled ER&D (engineering research and development) projects. HCL Tech share opened at ₹1,117.05 apiece on BSE.
12.07 / 05:25
Provident
Target
Manufacturing
Ather Energy set to launch 450S electric scooter, bringing affordable innovation with LCD instrument console: Report
electric scooter, marking the brand's comeback in the competitive price segment. Reportedly, the Ather 450S will be the manufacturer's most budget-friendly electric scooter, based on the popular 450X model but with some feature and cosmetic adjustments. According to HT Auto, the 450S will be equipped with an LCD instrument console instead of the touchscreen unit found in the flagship 450X.
12.07 / 05:01
Provident
Target
Microsoft
Software
SPY
Chinese hackers gained access to government email accounts, Microsoft says
Chinese hackers intent on collecting intelligence on the United States gained access to government email accounts, Microsoft disclosed Tuesday night. The attack was targeted, according to a person briefed on the intrusion into the government networks, with the hackers going after specific accounts rather than carrying out a broad-brush intrusion that would suck up enormous amounts of data. Adam Hodge, a spokesperson for the White House's National Security Council, said no classified networks had been affected.
12.07 / 05:01
COST
Citi
Provident
Target
Hot Stocks: Brokerage view on RIL, Pidilite, Titan, UltraTech Cement and Ramco Cement
RIL, Citi downgraded Pidilite Industries to sell, Nomura downgraded UltraTech Cement to neutral, and Investec initiated a buy rating on Indian Bank. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Morgan Stanley on RIL: Overweight| Target Rs 3210 Morgan Stanley maintained an overweight rating on RIL with a target price of Rs 3210. Starting to monetize multiple investments, simultaneously still deploying capital in new areas. The narrative will shift from earnings positively to an upgrade cycle.
12.07 / 05:01
UPS
Target
Hold Gujarat Gas, target price Rs 494: ICICI Securities
Gujarat Gas with a target price of Rs 494. The current market price of Gujarat Gas is Rs 475.7.
12.07 / 05:01
COST
UPS
Target
Digital
Pushing e-rupee payments using UPI infra on RBI's agenda
e-rupee payments goal, the Reserve Bank is seeking to drive daily CBDC transactions to 10 lakh from up to 10,000 by the year-end, ToI reported on July 12. This the central bank intends to do by using UPI QR codes. The RBI had launched the e-rupee for retail transactions on a pilot basis on December 1, 2022.
12.07 / 04:59
UPS
Target
Buy Bharat Heavy Electricals, target price Rs 95.7: ICICI Direct
Bharat Heavy Electricals, incorporated in the year 1964, is a Mid Cap company (having a market cap of Rs 33323.35 Crore) operating in Engineering sector. Bharat Heavy Electricals key Products/Revenue Segments include Erection & Other Services, Other Operating Revenue, Scrap and Export Incentives for the year ending 31-Mar-2022.Financials For the quarter ended 31-03-2023, the company has reported a Consolidated Total Income of Rs 8338.61 Crore, up 55.75 % from last quarter Total Income of Rs 5353.94 Crore and up 1.92 % from last year same quarter Total Income of Rs 8181.72 Crore.
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