Trade Financial News

Fine Organic Industries Ltd. with a target price of Rs 4779.0. The current market price of Fine Organic Industries Ltd. is Rs 4281.25 . Fine Organic Industries Ltd., incorporated in the year 2002, is a Mid Cap company (having a market cap of Rs 13146.23 Crore) operating in Chemicals sector.

Zomato with a target price of Rs 230. The current market price of Zomato is Rs 186.5. Zomato, incorporated in the year 2010 (having a market cap of Rs 170978.71 crore) operates in Services sector.

Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, crossed the ₹5,000 mark in today's trade to hit a new all-time high of ₹5,045 apiece by gaining 3.2%. The stock's surge today has propelled it to achieve a 93% gain over the past year and 105% increase over the past two years. Starting from its low of ₹2,146 per share in March 2022, the stock is currently trading at a remarkable 134% increase.

ICICI Lombard General Insurance Company Ltd. traded at Rs 1692.3 on BSE at 01:40PM (IST) on Tuesday, up 0.52 per cent from previous close. The scrip quoted a 52-week low price of Rs 1066.65 and a high of Rs 1747.4.

risk-taking, strategy, and uncertainty. In both, participants make decisions based on incomplete information, trying to anticipate and react to the actions of others. Both involve managing risk and adjusting tactics as the situation evolves. In both poker and stock markets, taking chips off the table is crucial for managing risk and securing profits. In poker, when you're ahead, it's essential to «cash in» some of your winnings by withdrawing chips from the game.

PI Industries Ltd. slipped 0.28 per cent to Rs 3649.95 in Tuesday's trade as of 01:55PM (IST). It hit a high of Rs 3675.3 and low of Rs 3585.5 during the session. The stock quoted a 52-week high price of Rs 4032.0 and a low of Rs 3060.0. The return on equity for the stock stood at 17.07 per cent. About 6,019 shares have changed hands on the counter so far.

Initial Public Offerings) this week, it seems like the IPO season is back. The last year displayed a distinct split in terms of the IPO market, with the first half characterised by a sluggish pace and limited new offerings, followed by a dramatic upswing in activity during the latter part of the year. There was a decline of 30% in 2023 (INR 41,095 crore raised through 46 IPOs) compared to 2022 (INR 59,302 crore raised through 40 IPOs) and of more than 50% compared to 2021 (INR 1,18,723 crore raised through 63 IPOs). Therefore, there is bullishness in the IPO market after a sluggish 18 months. The IPO market is usually cyclical. One of the reasons for the cyclicality is irrational price discovery at the time of issuance. In some situations, it is extremely liberal in anticipation of a big pop on listing and in some situations it is too tightly priced. There are several cases of more than 100-300% appreciation on the listing day and conversely there are many cases of negative return ranging -50 to -60%. This is due to a lack of scientific and rational price discovery in IPOs. This challenge is further aggravated for startups and very high growth companies. At times, there is a conflict between public and private market investors. Such a situation exists not just in India but across most capital markets.

Tata Motors share price tanks 9% after Q4 results 2024. Opportunity to buy? During the past six trading sessions, Tata Motors' shares experienced a 6.70% decline, causing a loss of ₹22,592.60 crore in market value. Similarly, Tata Power witnessed a 9.4% drop in the same period, resulting in a ₹14,731 crore reduction in market capitalisation.

₹6.49 in May 2021 to ₹246.05 currently, its new high. The scrip has also given multibagger returns this year so far as well as in the last one year. It skyrocketed over 271 percent in 2024 YTD from ₹66.27 in December 2023 to touch its record high of ₹246.05.

UPL, a leading provider of agricultural solutions and services, slumped 6% in today's intraday trade, reaching ₹501.65 apiece. This downturn came after the stock saw a strong surge in the last two trading sessions, driven by the anticipation of favorable financial results from the company. In the fourth quarter of FY24, the company recorded revenue of ₹140.8 billion, marking a 15% year-on-year decline.

gold in the last one week has been -0.38%, whereas in the last month it has been 0.72%. The cost of silver is Rs.83660.0 per kg down by Rs.720.0 per kg. Gold Price Today in Delhi is ₹73607.0/10 grams.

₹75, which is 141.9% higher than the issue price of ₹31. The subscription period for the Refractory Shapes IPO began on Monday, May 6, and ended on Thursday, May 9. The price band was set between ₹27 and ₹31 per equity share with a face value of ₹10 apiece.

Stock Market News: The domestic benchmark indices, the Sensex and Nifty 50, started off Tuesday's session on a flat note amid mixed global cues. The domestic market was chiefly driven by metal, realty, and public sector undertakings (PSU) bank stocks. The 30-share BSE Sensex opened lower by 79.41 points, or 0.11%, at the 72,696.72 level, while the Nifty 50 started off at the 22,112.90 level, up 8.90 points, or 0.04%.

Varun Beverages share price jumped over 5 per cent in morning trade on BSE on Tuesday, May 14, buoyed by the company's impressive March quarter (Q1) earnings. Varun Beverages share price opened at ₹1498.15 against its previous close of ₹1477.80 and jumped 5.5 per cent to the level of ₹1558.45. Around 9:45 am, Varun Beverages share price traded 3.13 per cent higher at ₹1,524 apiece.

The Commodity Futures Trading Commission (CFTC) has reached a settlement with Falcon Labs, Ltd., a Seychelles-based entity, for operating as an unregistered futures commission merchant (FCM) and facilitating access to digital asset exchanges without proper registration.

LTIMindtree Ltd.(up 0.31 per cent), MphasiS Ltd.(up 0.25 per cent), Wipro Ltd.(up 0.17 per cent), L&T Technology Services Ltd.(up 0.03 per cent) and Coforge Ltd.(up 0.01 per cent) were among the top gainers.

Jyoti Structures Ltd.(up 4.91%), Gujarat Industries Power Company Ltd.(up 4.59%), KPI Green Energy Ltd.(up 3.88%), Torrent Power Ltd.(up 3.87%), NHPC Ltd.(up 2.51%), JSW Energy Ltd.(up 2.29%), Tata Power Company Ltd.(up 2.14%), SJVN Ltd.(up 2.07%), Kalpataru Projects International Ltd.(up 1.94%) and Suzlon Energy Ltd.(up 1.80%) were among the top gainers.

shares of Winsol Engineers debuted on the NSE SME platform with a premium of 387% on Tuesday. The stock was listed at Rs 365 as against an issue price of Rs 75. Ahead of the debut, the company's shares traded with a premium of Rs 200 in the unlisted market.

shares of Refractory Shapes debuted on the NSE SME platform with a premium of 142% on Tuesday. The stock was listed at Rs 75 as against an issue price of Rs 31. Ahead of the debut, the company's shares traded with a premium of Rs 15 in the unlisted market.

The Nifty future closed positive with gains of 0.38% at 22224 levels. India VIX was up by 11.53% from 18.47 to 20.60 levels.

ANI reported. In response to a question over India’s deal with Iran on the strategic Chabahar port, Vedant Patel said that US sanctions on Iran remain in place and the US will continue to enforce them.