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Diamond Power Infrastructure are likely to remain in focus today as the company had announced a stock split in the ratio 1:10 and fixed December 3 as the record date for determining shareholder eligibility. This means today is the last day to buy the stock to be eligible for the stock split.

buy call on LTIMindtree with a target price of Rs 7,400. The current market price of LTIMindtree is Rs 6182.7. LTIMindtree, incorporated in 1996, is a Large Cap company with a market cap of Rs 183268.24 crore, operating in IT Software sector. LTIMindtree's key products/revenue segments include Software Development Charges & Other Services for the year ending 31-Mar-2023.

debt levels, a handful of India's top 500 companies managed to deliver stellar returns to investors in the current fiscal year. An analysis by ETMarkets showed that 16 companies, which saw their debt-to-equity ratios increase in FY24, still outperformed, offering returns above 50% up to 114%. Rising debt levels aren’t always a red flag, especially when companies maintain a safe debt-to-equity (D/E) ratio. Most of these 18 outperformers have a D/E ratio around or below 1, which is seen as healthy by market participants.

iron and steelmaking processes. The development is significant as the Maharatna firm remains committed to transforming traditional iron and steelmaking practices by adopting advanced, sustainable technologies, the company said in a statement. The Memorandum of Understanding (MoU) was signed by SAIL with John Cockerill India Ltd (JCIL), it added.

investors need to know about the public offer before subscribing to the issue.

NSE SME platform on Friday. Ahead of the listing, the company's shares were trading and had no GMP in the grey market. This implies a flat to negative premium on debut. However, it is important to note that grey market premiums are just an indicator as to how the company's shares are stacked up in the unlisted market and are subject to change rapidly.

PC Jeweller will be in focus after the company fixed December 10 as the record date for its proposed 1:10 stock split. “This is to inform that pursuant to the Members’ approval obtained through Postal Ballot on November 21, 2024, the Board of Directors of the Company by means of a resolution passed by circulation today i.e. on November 28, 2024, has fixed Record Date as mentioned below for sub-division/split of equity shares of the Company, such that 1 (One) equity share having face value of Rs 10 each, fully paid-up, be sub-divided / split into 10 (Ten) equity shares having face value of Re 1 each,” the company said in its press release yesterday.

Mayuresh Joshi, Head Equity, Marketsmith India, says valuations of IT stocks may be expensive but they continue holding a few stocks like Coforge, Infosys, Persistent in their global portfolios. Also, within the Adani group, Adani Ports is one stock that investors can keep on the watch list. The IT sector is taking quite a bit of beating today. Infosys is down 3.5%. L&T Tech is down over 3%. HCL Tech, Tech Mahindra have run up quite a bit in the last three to four months, but what is the expectation from hereon on IT? Mayuresh Joshi: Two things are happening here. One, from a results perspective, a large part of the midcap IT basket has performed really well. So, even on a higher base, the expectation in terms of how revenue growth will be in constant currency terms was very stable. The margins were very stable and the commentaries were surprisingly very robust over the next few months and quarters as well.

Adani stocks will be in focus on Friday after reports suggested Indian banks are reevaluating their exposure to the conglomerate. This follows charges of bribery and fraud filed by U.S. prosecutors against Chairman Gautam Adani and others. Public sector banks, including the State Bank of India (SBI), Bank of India, and Union Bank of India, are leading the review, with private lenders such as ICICI Bank, Canara Bank, IDBI Bank, and RBL Bank also involved, according to a Reuters report.

Overseas investors are finding opportunities in India despite record outflows from local shares last month, signaling potential in specific sectors. Industrials, health-care and telecommunication stocks have drawn net inflows of about $3 billion each this year through Nov. 15, according to data from the National Securities Depository Ltd. That’s in contrast to overall withdrawals of over $2 billion in the period, following an unprecedented wave of selling in October.

Subscribe to enjoy similar stories. The relief rally fizzled out sooner than expected. The heaviest selling by foreign investors in more than three weeks, amid rising US bond yields and a strengthening dollar, brought the markets crashing more than 1.5% on Thursday, leaving investors poorer by ₹1.55 trillion.

Subscribe to enjoy similar stories. As part of the National Democratic Alliance (NDA) government’s objective of growing India’s civil aviation sector, the Airports Authority of India (AAI) has selected 150 small airports and airstrips to modernize and develop, to cater to the increasing air cargo and passenger traffic demand, said two people aware of the development.

Subscribe to enjoy similar stories. The Indian Institutes of Technology (IIT) are set to witness a scramble for talent beginning Sunday, as some of the world's top artificial intelligence and algo trading firms arrive to snap up their best and brightest. Some of the top offers this year are close to a couple of crores, placement cell executives said, as the older IITs get ready to kick off their annual placement season.

President-elect Donald Trump declared a win on stopping illegal immigration through Mexico on Wednesday after talking with that country’s leader. But Mexican President Claudia Sheinbaum suggested Mexico was already doing its part and had no interest in closing its borders.

Japan are exploring a mechanism for technology partnership that would enable the latter's cutting-edge firms to tap the Indian market and develop independent supply chain models. This was the key item on the agenda when foreign secretary Vikram Misri conducted the first round of dialogue on economic security, including strategic trade and technology, in Tokyo this week, according to people with knowledge of the matter.

The trust, managed by Odyssean Capital, invests in a concentrated portfolio of companies typically too small for inclusion in the FTSE 250, avoiding companies where M&A is «less likely» and businesses that are «unlikely to be coveted by alternative owners to public market investors». In the trust's half year report for the six months to 30 September, the board said that historically the trust's net asset value performance has been a beneficiary of M&A, with ten completed takeovers of portfolio companies since 2018, 70% of which were executed by trade buyers and 60% executed by overseas b...

Silver prices tumbled to a three-week low by losing Rs 4,900 to Rs 90,900 per kg, while gold slipped Rs 100 to Rs 78,700 per 10 grams in the national capital on Thursday on frantic selling by stockists and retailers, according to the All India Sarafa Association. The yellow metal of 99.5 per cent purity declined Rs 400 to Rs 78,300 per 10 grams on Thursday. Price of gold of 99.9 per cent and 99.5 per cent purity closed higher at Rs 78,800 and Rs 78,700 per 10 grams, respectively, on Wednesday.

BSE has revised the circuit limit for about 55 stocks including Angel One, Adani Total Gas, APL Apollo Tubes, Cyient, Delhivery, DMart among others. The price band limits have been adjusted to 10% for 46 stocks, including prominent names like Zomato, YES Bank, Varun Beverages, Tata Elxsi, Paytm, Oil India, Nykaa, and NCC. Additionally, four stocks will now have a 5% circuit limit, while five others will see their limits revised to 2%.

Imagine a fixed-income investment advisor who tried out crypto assets and then got converted. That’s what happened with New Delhi-based Shiv Pande, who worked closely with pension and provident funds and became curious about the stupendous rise of crypto assets in 2021. He spent a year researching it and invested in it for the first time in July 2022.

equity offering of Rs 225 crore. With this, the company’s outstanding debt stands reduced at Rs 693 crore. The debt reduction ahead of its scheduled due date is expected to help the company post better returns on grounds of lower interest payments on existing debt, the developer said in a regulatory filing.

Gujarat State Fertilizer & Chemicals Ltd.(up 4.61%), Rashtriya Chemicals & Fertilizers Ltd.(up 4.27%), Khaitan Chemicals & Fertilizers Ltd.(up 4.03%), The Fertilisers and Chemicals Travancore Ltd.(up 3.13%), Nagarjuna Fertilizers and Chemicals Ltd.(up 2.61%), Gujarat Narmada Valley Fertilizers & Chemicals Ltd.(up 2.46%), Madras Fertilizers Ltd.(up 2.34%), Zuari Agro Chemicals Ltd.(up 1.92%), Chambal Fertilisers & Chemicals Ltd.(up 1.81%) and National Fertilizers Ltd.(up 1.77%) stood among the top gainers.