UPS Financial News

Bharat Forge Ltd. dropped 0.62 per cent to Rs 1563.55 at 01:13PM (IST) in Monday's trade. The counter has hit a high of Rs 1597.35 and low of Rs 1533.15 so far during the session. The stock had closed at Rs 1573.4 in the previous session. The counter has had a total traded volume of 38016 shares so far with a value of Rs 5.91 crore on the NSE. It traded at a price-to-earnings multiple of 78.19 and a price-to-book ratio of 7.33.

Awfis Space Solutions is receiving a strong response from investors, with an overall subscription of 32.81 times so far on the fourth and final day of the bidding process. By 12:51 PM, the issue had attracted bids for 28,31,82,588 shares, or 32.81 times the issue size of 86,29,670 shares. The retail portion of the issue was subscribed 36.9 times, while the non-institutional category saw a subscription rate of 75.93 times. The allocation for qualified institutional bidders was booked 10.08 times.

Siemens Ltd. rose 0.75 per cent to Rs 7225.55 in Monday's trade. It hit an intraday high of Rs 7325.55 and low of Rs 7165.15, respectively, during the day. The stock quoted a 52-week high price of Rs 7388.05 and low of Rs 3248.0.

Varun Beverages Ltd. traded 0.69 per cent down in Monday's trade at 01:33PM (IST). Around 24,731 shares changed hands on the counter. The scrip opened at Rs 1500.0 and touched an intraday high and low of Rs 1501.15 and Rs 1475.95, respectively, in the session so far. The stock of Varun Beverages Ltd. quoted a 52-week high of Rs 1560.3 and a 52-week low of Rs 754.35.

Goldman Sachs raised its global oil demand forecast for 2030 on Monday and expects consumption to peak by 2034 on a potential slowdown in electric vehicle (EV) adoption, keeping refineries running at higher-than-average rates till the end of this decade. The research division of the bank raised its 2030 crude oil demand forecast to 108.5 million barrels per day (bpd) from 106 million bpd, and expects demand to peak at 110 million bpd in 2034, followed by a long plateau till 2040, analysts led by Nikhil Bhandari said in a report.

THE OCEAN FLOOR off the coast of Sebastian, Florida, is littered with untold fortunes. For three centuries now, the sea has turned the gold and silver coins of the doomed Spanish treasure fleet over and over among strands of flowing seaweed and beneath the claws of scuttling crabs. Twenty miles inland, plunked on an unassuming industrial lot amid a swampy expanse, lie vessels capable of surfacing that sunken bounty.

PTI reported.Starc, acquired by Kolkata Knight Riders for a record ₹24.75 crore, showcased brilliance during the crucial stages of the tournament. His exceptional performance yielded 17 wickets, with five crucial dismissals in the knockout matches, playing a pivotal role in propelling the Shah Rukh Khan-owned team to a commanding title victory.Also Read: IPL Final 2024: Fans react to Mitchell Starc’s ‘unplayable’ delivery to dismiss Abhishek Sharma, ‘Prime Wasim Akram’To a query from PTI as to how he would take it up from here after his best year in franchise cricket, Starc hinted that T20s could gain prominence in his roster.“For the last nine years, I certainly prioritised Australian cricket.

₹40 lakh. She is clear about choosing a floating-rate loan and wants to repay it in under 10 years by making regular pre-payments whenever she has surplus cash. When Sunita approaches the bank with which she has a long-standing relationship, her relationship manager (RM) offers her a proposition.

Bank Nifty was up by 347.3(0.71%) at 27 May 2024 10:44:56 IST.Other stocks such as Best Agrolife, Compuage Infocom, GSS Infotech, RAJRATAN GLO, Future Retail hit their fresh 52 wk lows today.

Also Read: Stocks to buy or sell: Sumeet Bagadia recommends 5 breakout stocks today“Over the medium to long-term, we anticipate the consolidation in favour of organised developers to gather steam. Moreover, rising capital intensity of the realty business, credit crunch and focus on execution are likely to aid developers with strong balance sheets and established brands. With the uptick in the housing space along with the comfort on the debt reduction front, developers have ramped up their business development activity, leading to the strengthening of launch pipelines and spurred pre-sales growth," the brokerage said in a report.

Mint. Other venture capital firms such as Kae Capital and Westbridge Capital are also considering similar moves, another person said. "We are in discussion with institutional investors and waiting for market interest to build up before we open the fund to a larger set of local investors," India Quotient's Anand Lunia said. Others did not respond to Mint's request for comment.

₹24.75 crore, earlier faced sharm criticism for not delivering despite being the most expensive player in IPL history. However, his performances in two knock-out games have been “paise vasool" for KKR fans.“This is my public apology for putting shade at starc in initial matches," wrote one fan while another called it the “Best delivery of this season for sure".“This ball was unplayable...

Climate change continues to ravage Africa, which is enduring extreme weather and natural disasters on an unprecedented scale. My own country, Kenya, has just emerged from its longest drought on record, only to suffer devastating floods, which have killed 289 people and affected more than 800,000. Meanwhile, Malawi, Zambia and Zimbabwe recently experienced a severe drought that exposed millions of people to hunger, and the Sahel region was hit by a debilitating heatwave, resulting in more than 100 deaths in Mali.

Financial investments are often planned around life goals — you could be investing to fund your children’s education, for retirement, or to meet other short-term goals like buying a home, etc. They are also made to secure your loved ones, in case something were to happen to you. But, very often primary caregivers end up not informing other family members about the investments they make. In our new video series ‘Money Shots’, Neil Borate, Deputy Editor at Mint explains why adding nominees to investments is key, and how to go about it.

The ideal repayment period for your personal loan depends on many factors, such as your goals and financial situation. Selecting a shorter payback period—12–36 months, for example—leads to lower total interest payments because interest accrues more quickly. Additionally, you’ll pay off debt faster, which will free up money for other financial objectives. However, if your income is restricted, the equated monthly installments (EMIs) would be higher and could cause financial strain.

Shares of China Evergrande New Energy Vehicle Group more than doubled on Monday as trade resumed after the company said liquidators had agreed on behalf of key shareholders to sell a stake in the electric vehicle (EV) maker. Shares of embattled developer China Evergrande's EV unit soared as much as 113% to HK$0.81, their highest since September 22, becoming the top gainer on the Hong Kong bourse, and last stood up 79%, following the May 17 trade halt.

Manappuram Finance with a target price of Rs 225. The current market price of Manappuram Finance is Rs 177.85. Manappuram Finance Ltd., incorporated in the year 1992, is a Mid Cap company (having a market cap of Rs 15269.68 Crore) operating in NBFC sector.

Sun TV Network Ltd. with a target price of Rs 790. The current market price of Sun TV Network Ltd. is Rs 665.05. Sun TV Network Ltd., incorporated in the year 1985, is a Mid Cap company (having a market cap of Rs 26218.45 Crore) operating in Media & Entertainment sector.

companies will announce their fourth-quarter earnings on Monday with some important names in the mix including LIC, NMDC, National Aluminium Company, and Natco Pharma. Other companies which will also announce their results include Sumitomo Chemical India, Elgi Equipments, NMDC Steel, AstraZeneca Pharma India, Juniper Hotel, Kirloskar Industries, Dish TV India, Flair Writing Industries, Vishnu Prakash R Punglia, DCM Shriram Industries, Motisons Jewellers and many more.

Ahead of the June 4 general election outcome, volatility is expected to remain high and India VIX appears to be at a striking distance of 30, Aamar Deo Singh, Senior Vice President-Equity, Commodity & Currency at Angel One said, advising investors to remain alert and look at investing light. This analyst spells-out strategy in previous week’s major movers viz. Cochin Shipyard, Zomato and Global Health (Medanta) and three more stocks. Here’s what he recommends: Edited excerpts: Market seems to have got its mojo back especially after statements by Indian Prime Minister Modi, Home Minister Amit Shah with the former exuding confidence over rally following a favourable June 4 outcome and the latter suggesting investors to continue buying in the run-up to the D-day. Do you see a connection or see other factors to be supporting the rally? Aamar Deo Singh: Overall, markets appear to have factored in the return of the current dispensation at the centre, and that is reflected in the price moves, cutting across sectors and multi-caps with the benchmark indices gaining almost 2% WoW. Unless there is a major upset, of which the probability is very low, markets would continue to in an uptrend in the long-term.

investors pared expectations of a U.S. interest rate cut after the Federal Reserve's latest meeting indicated that a delay in monetary policy easing is likely. FUNDAMENTALS