UPS Financial News
05.03 / 08:40
05.03 / 08:39
05.03 / 08:39
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Mphasis stock price down 2.27 per cent as Sensex slides
MphasiS Ltd. fell 2.27 per cent to Rs 2538.85 at 01:50PM hours (IST) on Tuesday. Earlier in the day, the stock saw a gap up start to the session. As per data available on BSE, total traded quantity on the counter stood at 4,537 shares with a turnover of Rs 1.15 crore till 01:50PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 30.58, while the price-to-book value ratio stood at 4.27.
05.03 / 08:39
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F&O stocks: Bharti Airtel, TVS Motor among 5 stocks with long buildup
long buildup. The signal is considered more reliable if the volume on the counter has also seen an increase. -Bata India's stock price gained 2.46%, and open interest saw a rise of 1.93%.
05.03 / 08:39
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LTIMindtree shares drop 1.54% as Sensex falls
LTIMindtree Ltd. traded 1.54 per cent lower in Tuesday's session at 01:45PM (IST). The stock opened at Rs 5203.55 and has touched an intraday high and low of Rs 5217.95 and Rs 5111.95, respectively, during the session so far. The stock quoted a 52-week high of Rs 6442.65 and a 52-week low of 4130.3. About 12,316 shares changed hands on the counter so far.
05.03 / 08:33
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This Indian-origin mom's $1.3 billion startup is changing school conveyance in US. Details here
CNBC Make It. Meanwhile, Narayan told CNBC Make It, “I knew [Zum’s original model] was changing the lives of working parents.
05.03 / 08:33
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band
RK Swamy IPO Day 2: 5 key things to know from RHP
BSE, RK Swamy IPO subscription status was 3.85 times, with retail portion subscribed 13.41 times, as of 1:15 pm on Tuesday, March 5. RK Swamy IPO subscription status was 2.19 times, as per BSE data, on the first day. RK Swamy IPO opened for subscription on Monday, March 4, and it will close on Wednesday, March 6.
05.03 / 08:29
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Rathbones anti-slavery engagement push gains support from 154 investors
Votes Against Slavery was set up in 2019 to coordinate the response of the investment community on the issue and to provide the necessary accountability for compliance with the UK Modern Slavery Act. The 2024 engagement, led by the Rathbones stewardship team alongside the PRI Collaboration Platform, targets 158 FTSE AIM smaller companies and FTSE 350 companies failing to publish annually-updated modern slavery statements to their UK websites. Rathbones said the focus on smaller companies was due to the fact they may have «fewer resources to devote to due diligence», making it harder ...
05.03 / 08:21
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Share price of Tata Elxsi falls as Sensex drops 37.46 points
Tata Elxsi Ltd. dropped 0.43 per cent to Rs 7655.75 at 01:40PM (IST) in Tuesday's trade. The counter has hit a high of Rs 7690.0 and low of Rs 7607.65 so far during the session. The stock had closed at Rs 7689.45 in the previous session. The counter has had a total traded volume of 2451 shares so far with a value of Rs 1.87 crore on the NSE. It traded at a price-to-earnings multiple of 59.82 and a price-to-book ratio of 17.8.
05.03 / 08:11
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Share price of Crompton Greaves falls as Sensex drops 53.9 points
Crompton Greaves Consumer Electricals Ltd. dropped 0.96 per cent to Rs 296.3 at 01:14PM (IST) in Tuesday's trade. The scrip hit a high of Rs 300.2 and low of Rs 295.25 so far during the session. The stock had closed at Rs 299.2 in the previous session. The counter had a total traded volume of 01:14PM shares so far with a turnover of Rs 0.45 crore on BSE. The stock traded at a price-to-earnings multiple of 43.76 and a price-to-book ratio of 7.01.
05.03 / 08:11
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BigBasket teams up with chef Sanjeev Kapoor to launch frozen food brand Precia
BigBasket on Tuesday said that it has partnered with chef and entrepreneur Sanjeev Kapoor to launch a frozen foods brand Precia. «Our partnership with Chef Sanjeev Kapoor marks a decisive leap forward in meeting evolving consumer needs and tapping into new market opportunities,» Hari Menon, cofounder of BigBasket said.
05.03 / 08:11
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Cryptoverse: Asian traders give bitcoin blast-off; huge interest visible in India
Bitcoin's runaway rally is being driven by investors in Asia. Traders in South Korea, China and other Asian countries are responsible for roughly 70% of bitcoin trading volumes, much like they were in 2021 when bitcoin last hit such heady highs, according to crypto exchange data from The Block.
05.03 / 07:55
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Go Digit IPO: Virat Kohli, Anushka Sharma-backed Go Digit gets SEBI green signal to launch IPO. Check Details
Go Digit IPO: Market regulator Securities and Exchange Board of India (SEBI) has approved Go Digit's initial public offering (IPO), which is backed by cricketer Virat Kohli and his wife, Bollywood actress Anushka Sharma. Go Digit's IPO hit many hurdles over compliance issues resulting in a delayed approval for the public offer, on March 4. Go Digit General Insurance Ltd is also backed by Canada-based Fairfax Group.
05.03 / 07:55
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BPCL, HPCL, IOCL share price gain up to 139% in a year; Should you Buy, Sell or Hold the stocks
Delhivery shares: Kotak Equities upgrades stock to ‘Buy’, raises target price; sees over 24% upside Analysts at Antique Stock Broking said that "OMCs are up 70%–100% over the last four months compared to Nifty’s 15%. Despite the sharp run-up, valuations remain inexpensive and fundamentals robust. Both refining and marketing margins remain strong, while LPG is likely to turn profitable again in 2–3 months".
05.03 / 07:55
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Delhivery shares: Kotak Equities upgrades stock to ‘Buy’, raises target price; sees over 24% upside
₹570 per share from ₹500 earlier, implying an upside of over 24%. Analysts at Kotak Equities said their assessment of the positioning of the players’ e-commerce ecosystem and recent developments makes them more confident of increasing the relevance of Delhivery over time. The increase in FV of 14% is driven broadly equally by higher revenue CAGR (~20% over FY2024E-32E) and higher adjusted EBITDA margin (50-250 bps).
05.03 / 07:55
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2020
Higher property prices no bar, buyers seek larger homes, says Ficci-Anarock survey
₹40-45 lakh. As a result, the new supply share of affordable housing has significantly contracted over the last two years in the top seven cities, dropping from 26% of total new launches in 2021 to 18% in 2023, a stark decline from 40% in 2019.
05.03 / 07:55
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‘Trying to hold back tears’: Shark Tank India participant slams Vineeta Singh; Internet reacts
Shark Tank India and the Founder of House of Beauty, recently shared her experience on the show and said that she tried to hold back her tears during her pitch. Arora, renowned as a face yoga expert, revealed that she couldn't secure any investment during her appearance. Expressing her disappointment, she criticized the “sharks" and disclosed that she struggled to hold back tears during her pitch.
05.03 / 07:01
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Billionaire Mark Cuban Goes For Bitcoin Over Gold ‘All Day, Every Day’
“Shark Tank” billionaire investor Mark Cuban weighed in on Bitcoin’s recent rally, stating that he has invested in the cryptocurrency due to its strong capability as a store of value.
05.03 / 06:49
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Mega salary hike for central govt employees as DA to touch 50%: HRA, gratuity, other components will also go up
dearness allowance (DA) hike. Going by the Consumer Price Index for Industrial Workers (CPI-IW) numbers, as published by the Labour Bureau, a wing of the Ministry of Labour, the dearness allowance is likely to increase to 50% for central government employees. DA is a component of the salary of central government employees. It is aimed at easing the impact of inflation. Now, if DA hits 50%, certain other allowances and components of the salary will also increase, which will lead to a significant jump in your salary. The 7th Central Pay Commission has made detailed provisions on how DA touching 50% will impact your salary. Let's find out the details here.
05.03 / 06:49
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Share price of Chola Inv Finance falls as Nifty weakens
Cholamandalam Investment & Finance Company Ltd. slipped 1.69 per cent to Rs 1056.25 in Tuesday's trade as of 11:57AM (IST). The stock hit a high price of Rs 1094.0 and low of Rs 1055.95 during the session. The return on equity (ROE) for the stock stood at 18.57 per cent. Traded volume on the counter stood at 11:57AM shares and turnover at Rs 1.39 crore around that time. The stock of Cholamandalam Investment & Finance Company Ltd. quoted a 52-week high price of Rs 1309.75 and 52-week low prices of Rs 709.85, respectively.
05.03 / 06:49
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Apple MacBook Air M2 now Rs 14,000 cheaper than newly launched MacBook Air M3
Both the M2 and M3 models have similar features, such as a sleek and lightweight design, a 13.6-inch Liquid Retina display with True Tone technology, a 1080p FaceTime HD camera, and a convenient MagSafe 3 charging port. They also share two Thunderbolt/USB 4 ports, a Magic Keyboard with Touch ID, and a Force Touch trackpad. The main difference lies in the processing power and graphics capabilities. The newer MacBook Air M3 is equipped with an M3 chipset, which offers improved CPU, GPU, and NPU performance compared to the M2 chip.
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