UPS Financial News
11.03 / 07:21
11.03 / 07:21
11.03 / 07:01
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Shares of Info Edge rise as Nifty drops
Info Edge (India) Ltd. gained 1.5 per cent to Rs 5156.0 in Monday's trade as of 12:02PM (IST). It hit a high of Rs 5162.8 and low of Rs 5039.7 during the session. The stock quoted a 52-week high price of Rs 5536.8 and a low of Rs 3310.0. The return on equity for the stock stood at -0.81 per cent. About 4,287 shares have changed hands on the counter so far.
11.03 / 07:01
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Expect to see a pickup in mass consumption in H2 of next financial year: Ashish Gupta
Ashish Gupta, CIO, Axis Mutual Fund, says “we have seen a big deleveraging of the corporate balance sheet and the expectation is that the next five-seven years will again be a deleveraging cycle for corporate India. We are still in the early part of the capex upcycle. So while multiples of some of these companies have gone up, the confidence stems from the fact that it is a multi-year cycle. Typically, these cycles last for seven-eight years. We are probably in the first couple of years of the upturn. Notwithstanding the elections, just the capex cycle has turned around and should benefit these companies.”
11.03 / 07:01
11.03 / 06:33
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Indian economy's performance better than headline numbers: Sanjeev Sanyal
NEW DELHI : New Delhi: India's economic performance is better than what the headline numbers reveal, with the sharp GDP growth coming amid challenging global macroeconomic conditions, Sanjeev Sanyal, member of Prime Minister Narendra Modi’s Economic Advisory Council, told Mint in an interview. India's higher-than-expected growth of 8.4% during the third quarter of fiscal 2023-24 came without accompanying macroeconomic stresses, he added. Edited excerpts: The latest reading of an 8%-plus growth rate exceeds even the government's expectations.
11.03 / 06:31
11.03 / 06:19
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China's housing minister says real estate developers must go bankrupt if necessary
BEIJING — China's struggling real estate developers won't be getting a major bailout, Chinese authorities have indicated, warning that those who «harm the interests of the masses» will be punished.
11.03 / 06:15
COST
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Maharashtra CM Eknath Shinde inaugurates first phase of coastal road in Mumbai
Eknath Shinde on Monday inaugurated the first phase of the coastal road between Worli and Marine Drive in south Mumbai. A 10.5-kilometer-long stretch will be opened for traffic in the first phase, an official earlier said, adding that motorists can enter the coastal road from Worli Seaface, Haji Ali interchange and Amarson's interchange points, and exit at Marine Lines. Deputy CMs Devendra Fadnavis and Ajit Pawar and other dignitaries were present when the south-bound corridor of the coastal road was inaugurated on Monday. The work on the ambitious project started on October 13, 2018 and its projected cost is Rs 12,721 crore.
11.03 / 06:15
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Indian Oil Corp. shares up 1.03% as Nifty drops
Indian Oil Corporation Ltd. gained 1.03 per cent to Rs 176.3 in Monday's trade. It hit a high of Rs 177.55 and low of Rs 172.2 during the session. On the technical charts, the 200-DMA of the stock stood at Rs 113.27, while the 50-DMA was at Rs 160.36. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend and if trades between these averages, then it suggests the stock can go either way.
11.03 / 06:15
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Bank of Baroda shares drop 0.05% as Sensex falls
Bank of Baroda traded at Rs 281.65 on BSE at 11:31AM (IST) on Monday, down 0.05 per cent. The stock quoted a 52-week low price of Rs 155.65 and a high of Rs 285.5. Earlier in the day, the stock saw a gap up opening.
11.03 / 05:45
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War
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One Day, Israeli Tech Founder Was Closing Deals. The Next, He Was Near Death On a Gaza Battlefield
TEL AVIV—The last email Israeli tech executive Itamar Ben Hemo sent before a bullet ripped through his ribs, diaphragm and intestine was a note to a colleague. Ben Hemo wanted to know how close the startup he founded was to signing on a new client.For weeks, Ben Hemo—an Israeli army reservist who returned to active duty after Hamas’s deadly Oct. 7 attack on southern Israel—had been using breaks in combat to fire up his laptop, messaging investors and working on making his next sales.
11.03 / 05:45
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GAIL share price rises 72% in a year. Should you Buy, Sell or Hold the stock?
GAIL (India) Ltd share price has seen strong run up during last one -year having gained almost 72%, and is trading near 52-week highs seen recently. The gains have been driven by improved earnings prospects, led by uptick in gas trading and marketing business, though petchem segment prospects have remained a mixed bag. The dividend yield is another positive for investors.
11.03 / 05:45
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Citi
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Gold and silver prices Today on 11-03-2024 : Check latest rates in your city
Gold And Silver Prices Today: Gold prices experienced a slight increase on Monday. The price of 24 carat gold is Rs.6631.9 per gram, up by Rs.65.0. The price of 22 carat gold is Rs.6074.8 per gram, up by Rs.59.0.
11.03 / 05:45
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iQOO Z9 5G India price leaked online ahead of March 12 launch: Everything we know so far
Samsung Galaxy A35 5G, Galaxy A55 5G India launch today: Expected price, specs and everything you need to know According to a leak from tipster Mukul Sharma on X (formerly Twitter), the iQOO Z9 5G could be priced at ₹17,999 for the 8GB RAM/128GB storage variant and ₹19,999 for the 8GB RAM/256GB storage variant. The smartphone is likely to be an Amazon exclusive, and therefore may be available early for Prime users from March 13, while all users may be able to purchase the device from March 14.
11.03 / 05:45
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Russia’s economy once again defies the doomsayers
invasion of Ukraine, Russia’s economy has repeatedly defied the doomsayers. A financial collapse, widely predicted in the spring of 2022, never came to pass. The economy fell into recession, but it was less severe than expected and did not last long.
11.03 / 05:45
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Garena Free Fire Max redeem codes for March 11, 2024: Win free diamonds, skins and more
Garena Free Fire Max redeem codes are 12-digit alphanumeric codes made up of capital letters and numbers. By redeeming these codes, players can unlock a host of in-game goodies like skins, weapons and character enhancements.
11.03 / 04:59
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Buy Ambuja Cements, target price Rs 831: ICICI Securities
Ambuja Cements with a target price of Rs 831. The current market price of Ambuja Cements is Rs 608.9. Ambuja Cements Ltd., incorporated in the year 1981, is a Large Cap company (having a market cap of Rs 120627.95 Crore) operating in Cement sector.
11.03 / 04:59
markets
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Waters
Sustainability
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reports
With strawberry and flower cultivation, parched Aravali in Rajasthan is solving its water problems
«In time and with water, everything changes» — Leonardo da Vinci. Strong winds blow across the Aravali hills surrounding the tiny hamlets that dot a valley near Udaipur. The Aeolian process during the winter months shapes the soil and vegetation of the communities in this semi-arid region of south Rajasthan. Even when the monsoon rains are good, water is scarce here in winter. For the villagers of Alsigarh and Kurabad near Udaipur, this has led to subsistence farming, where just one crop is grown during the monsoon season. During winters, cultivation is minimal.
11.03 / 04:59
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Target
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Buy Shyam Metalics and Energy, target price Rs 815: ICICI Securities
Shyam Metalics and Energy with a target price of Rs 815. The current market price of Shyam Metalics and Energy Ltd. is Rs 622.5. Shyam Metalics and Energy Ltd., incorporated in the year 2002, is a Small Cap company (having a market cap of Rs 17402.48 Crore) operating in Metals — Ferrous sector.
11.03 / 04:59
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Share price of Trent jumps as Sensex drops 190.96 points
Trent Ltd. gained 4.92 per cent to Rs 4145.8 at 10:05AM (IST) in Monday's trade. The scrip has hit a high of Rs 4222.0 and low of Rs 3957.9 so far during the session. The stock had closed at Rs 3951.3 in the previous session. The counter has had a total traded volume of 24651 shares so far with a value of Rs 10.22 crore on the NSE. It traded at a price-to-earnings multiple of 176.35 and a price-to-book ratio of 18.83.
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