UPS Financial News

₹11,200. According to the brokerage's analysis, Hyundai Motor India outperformed Maruti Suzuki in terms of profitability due to a stronger mix (about 63% contribution from SUVs vs.

eading electric vehicle (EV) charger and telecom power solutions provider. The share price of Exicom Tele-Systems Ltd has more than doubled since its listing not long ago. On debut, the stock price saw a bumper listing, surging over 86% from its offer price of ₹142.

₹105. It is now almost 33 percent away from its record high of ₹155.92, hit on October 5, 2023.

The NSE Nifty index was trading 82.71 points up at 23548.3, while BSE Sensex was up 269.86 points at 77262.63 at the time of writing this report.

The influx of tourists has significantly increased water consumption. Shimla boasts 276 registered hotels and numerous unregistered accommodations, along with an estimated 963 Airbnbs and homestays. To meet the high demand, hotels resort to purchasing water from private tankers, costing between Rs 2,000 and Rs 5,000 per tanker, depending on the hotel's location.

options trading. The new rules could include higher margins for options contracts and more detailed disclosures, and are being considered after a series of meetings with exchanges, brokers, and fund houses over the past four months, the sources, with direct knowledge of the matter, said.

Tata Elxsi Ltd. gained 0.17 per cent to Rs 7278.85 in Tuesday's trade. It hit a high of Rs 7369.95 and low of Rs 7277.95 during the session. On the technical charts, the 200-DMA of the stock stood at Rs 7735.17, while the 50-DMA was at Rs 7279.23. 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.

Paytm shares surged 4% to Rs 442 in Tuesday's trade on BSE following reports that the company is in talks with Zomato to sell its movie ticketing business. Zomato shares also rose 1.5% in early trade. In an exchange filing, Zomato acknowledged, «We are in discussions with Paytm for the aforementioned transaction, but no binding decision has been taken at this stage that would warrant a board approval and subsequent disclosure in accordance with applicable law.»

₹1,329 apiece, primarily due to the steep valuation of the stock.In a report on June 17, InCred Equities pointed out that Adani Ports stock trades at 18.2 times FY25F EV/EBITDA versus six-year average one-year forward EV/EBITDA of 14.1 times.The brokerage firm cut its EBITDA estimates for FY25/26F by 3 per cent each but maintained its target price of ₹1,329. It said its target price implies 15 times FY26F EV/EBITDA.EV/EBITDA (enterprise value to earnings before interest, taxes, depreciation, and amortisation) is a financial metric used to evaluate the value of a company.

₹1 lakh and earned a return of 10%, resulting in a maturity amount of ₹1.1 lakh. If inflation averaged 5% per year, then the cost price for the investor could be claimed at more than ₹1.1 lakh. Hence, for tax purposes, the investor would actually make a capital loss, implying that no tax had to be paid on real capital gains.

Rome Giorgia Meloni was the winner of last week’s Group of Seven meeting. Whether giving French President Emmanuel Macron the stink eye or stitching up a deal to increase Italy’s clout in the European Union, the Italian prime minister had a good summit. Once stigmatized as a neofascist from the fringes of Europe’s hard right, Ms.

Bank Nifty was up by 217.6(0.44%) at 18 Jun 2024 10:44:58 IST.Other stocks such as Shubhlaxmi Jewel Art, POPULAR VEHICLES AND SERVICES ORD, QUEST LABORATORIES ORD, MIDSMALL ETF-B hit their fresh 52 wk lows today.

HFCL (Himachal Futuristic Communications Limited), a company with diverse operations in telecom infrastructure, has experienced a remarkable surge in its stock value during today's early trade after the company on Monday said it is the only Indian optical fiber cable manufacturer to have been exempted from anti-dumping duties by the European Commission.Highlighting a decision by the European Commission on June 14, 2024, HFCL said: In the said decision, it was determined that HFCL is the only Indian company not engaged in the dumping of OFC in European markets, whereas provisional anti-dumping duty has been determined on all other Indian optical fiber cable manufacturers in the statement issued by the European Commission. This makes HFCL the only Indian optical fiber cable manufacturer to have been exempted from anti-dumping duties by the European Commission."Also Read: M&M share price hits record high as brokerages raise target priceThe company has been operating in Europe for over a decade and has long-term engagements with some of the leading telcos and ISPs in many countries in Europe.Following this positive development, the company's shares opened today's session with a 5% gap up at ₹121 apiece, compared to the previous day's close of ₹117, and continued to strengthen, reaching ₹129, marking a notable increase of 10.25%.Today's rally marks the ninth consecutive day of gains for the stock, during which it has surged by 52%.

Toronto police say a shooting that took place in the lobby of an office building on Monday afternoon left three dead.

A man accused of entering a Hamilton, Ont., mosque and uttering slurs at a grade three gym class has been charged with criminal harassment in what police are describing as a “hate crime.”

Alberta is moving to ban cellphones in kindergarten to Grade 12 classrooms starting in the fall.

The price change in 24 carat gold in the last one week has been -1.84% .whereas in the last month it has been 1.22%.The cost of silver is Rs.88010.0 per kg down by Rs.90.0 per kg. Gold Price Today in Chennai is ₹73806.0/10 grams. Yesterday’s Gold Price on 17-06-2024 was ₹73663.0/10 grams.

Minda Corporation as its 'top pick of the week'. This is on the back of its reasonable valuations, strong EV (electric vehicle) order wins, and EBITDA margin improvement.The brokerage has a ‘buy’ call on the stock with a target price of ₹502, implying a potential upside of 10 percent.Minda Corporation is one of India's leading manufacturers of automotive components, including Electronic & Mechanical Security Systems, Die Casting, Key Solutions, Telematics, ITS & IoT, Wiring Harnesses, SRCs, Components, Instrument Clusters, Sensors, and Interior Plastics.

Chimpzee, a crypto project enabling participants to earn while supporting planet earth and combating climate change, has unveiled a contest centered around its unique NFT Passports. This promotion presents participants with the opportunity to secure a share of a $10,000 prize, enticing collectors, investors, and enthusiasts from across the globe.

₹138.10 per share, 48.5% higher than the issue price of ₹93. On BSE, ixigo share price today opened at ₹135 apiece, up 45.16% than the issue price.Market experts anticipated ixigo share price to open in the range of ₹120 to ₹125 per share.During the three-day subscription period, investors were full of enthusiasm about Le Travenues Technology's IPO, which operates the travel booking site ixigo.

Rahul Gandhi will keep the Raebareli seat. They have decided to contest Priyanka Gandhi from Wayanad which means the whole family will be in parliament, which is a notion of familiarization."In the Lok Sabha elections in 2024, Congress won some seats in Uttar Pradesh with the help of the Samajwadi Party.