UPS Financial News

Subscribe to enjoy similar stories. Major paint stocks dropped an average of 6% in the past week as crude oil prices spiked on fears of a full-blown war between Israel and oil-producing Iran. Analysts have characterised this fall as a “knee-jerk reaction".

Subscribe to enjoy similar stories. The global shift towards green energy is accelerating, and India is no exception. As the country gears up to meet its ambitious renewable energy goals, its financial sector is playing an increasingly important role in funding this transition.

Subscribe to enjoy similar stories. I don’t feel like writing this piece. I am feeling bored and Mumbai’s famous October heat is here.

Shree Cements Ltd. fell 1.41 per cent to Rs 25200.0 in Wednesday's trade as of 01:12PM (IST) even as the benchmark Nifty ruled at 25111.85, up 98.7 points. The scrip had closed at Rs 25562.4 in the previous session. The stock quoted a 52-week low of Rs 23714.05 and a high of Rs 30710.15. The company quoted a market-cap of Rs 90923.67 crore on the BSE.

Following the announcement of the price band, the company's GMP is steady at Rs 147 in the grey market. Considering the upper price band of Rs 1,960, the stock is expected to fetch marginal gains of 7% if the current trends are sustained.

Bharat Electronics Ltd. gained 1.49 per cent to Rs 284.4 in Wednesday's trade. It hit a high of Rs 286.5 and low of Rs 278.5 during the session. On the technical charts, the 200-DMA of the stock stood at Rs 250.27, while the 50-DMA was at Rs 293.3. 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.

BSE at 01:02PM (IST) on Wednesday, up 0.98 per cent from previous close. The stock quoted a 52-week low price of Rs 636.1 and a high of Rs 1148.3.

Joe Root scored an unbeaten half-century to overtake Alastair Cook as England's leading run-scorer in test cricket and guide the team to 232-2 at lunch on the third day of their opening match against Pakistan on Wednesday. Root began the day on 32 not out, needing a further 39 runs to eclipse Cook's tally of 12,472, and the former captain eased to his target with an on-drive for four off Aamer Jamal before soaking up loud applause from the travelling English fans. England were trailing by 324 runs when the session ended, with Root batting on 72 and Ben Duckett on 80 not out.

Many Canadians flock to Florida as cold weather nears but as Hurricane Milton barrels towards the state as a Category 5 storm — though is expected to make landfall as a Category 4 — it may have some north of the border worried about property they own down south.

Amazon Sale 2024: October 8 deals unlocked, get up to 75% off on the best laptops, TVs, washing machines and moreThe Portronics Beem 440 offers a 720p HD resolution with a compact and rotatable design, perfect for smaller spaces. With 2000 lumens brightness, it’s suitable for dimly lit environments.

BEIJING — China's Golden Week holiday affirmed a trend in more cautious spending, while consumers put greater emphasis on experiences.

Bigg Boss 18’, the contestants found themselves scolded by ‘Bigg Boss’ for not adhering to the rules during the season’s first task. Following the announcement, tensions flared, leading to arguments between housemates like Karan Veer Mehra, Arfeen Khan, Avinash Mishra, and Shehzada Dhami. Once the dust settled, former actress Shilpa Shirodkar was seen opening up about her personal life in a conversation with Advocate Gunratna. She reminisced how her husband, British banker Aparesh Ranjit agreed to relocate to India when she hit rock bottom after the death of her parents. With emotion, Shilpa reflected on her past, sharing, “Aparesh was thriving in his career, but he gave up everything, and we relocated to India. When I lost my parents in 2008, I fell into a deep depression. Aparesh was at the peak of his career, but he sacrificed it all to move here. If he had insisted, ‘I won’t put my career aside, you should be the one to adjust,’ today he would be in a completely different position in the banking world.” Gunratna, who sat alongside Shilpa, offered his perspective on her career choices. He likened her journey to that of a politician, saying, «It takes a politician 35 years to build their career, and similarly, once in 50 years, we get an actor of great caliber. I genuinely believe that, along with Madhuri Dixit, you were among the few who had the potential to reach that level. But suddenly, you decided to leave the industry.»

REC Ltd. gained 1.63 per cent to Rs 532.9 in Wednesday's trade. It hit a high of Rs 535.7 and low of Rs 527.65 during the session. On the technical charts, the 200-DMA of the stock stood at Rs 514.75, while the 50-DMA was at Rs 578.35. 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.

Ambuja Cements Ltd. rose 1.66 per cent to Rs 616.6 at 11:16AM hours (IST) on Wednesday. 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 21,085 shares with a turnover of Rs 1.29 crore till 11:16AM (IST). The stock traded at a price-to-earnings (P/E) multiple of 45.75, while the price-to-book value ratio stood at 3.25.

Varun Beverages Ltd. gained 0.05 per cent to Rs 590.2 at 11:25AM (IST) in Wednesday's trade. The stock hit a high of Rs 605.85 and low of Rs 589.45 so far during the session. The stock had closed at Rs 589.9 in the previous session. The counter had a total traded volume of 11:25AM shares so far with a turnover of Rs 6.17 crore on BSE. The stock traded at a price-to-earnings multiple of 79.78 and a price-to-book ratio of 23.16.

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Haryana and Jammu and Kashmir threw up clear-cut verdicts, it is the latter that stands out.

Kumari Selja questioned the election management of the leadership in the state polls. She said the party's defeat in the assembly election, despite a very favourable atmosphere, was yet another case of the party paying the price for «placing all eggs in one basket», an apparent reference to the leadership packing the candidate list with Bhupinder Singh Hooda campers, which led to talk of "Jat dominance".

Amneal Pharmaceuticals, the third largest generic drugmaker in the US, plans to invest $150-200 million over the next four to five years to build a manufacturing facility in Ahmedabad housing two greenfield plants for producing weight loss drugs.