Week Financial News

₹5,334.95 apiece on BSE and hit intraday high at ₹5,379.85 and low at ₹5,241.50. Dixon Technologies shares during Thursday's session slipped into the red zone.

CE Infosystems, which operates MapMyIndia jumped 11% to hit their 52-week high of Rs 2,109 on the NSE in Thursday's trade remaining unbeaten in six out of last seven trading sessions. The ongoing rally has taken stock's gains to more than 24% over this period.

Dixon Technologies surged 2% to hit a new 52-week high at Rs 5,379.8 in Thursday's trade on BSE after its wholly owned subsidiary- Padget Electronics Private Limited entered into an agreement with Xiaomi to carry out manufacturing of smartphones and other related products for Xiaomi. The manufacturing will take place at Padget’s manufacturing facility in Noida. Analysts say the deal will help Xiaomi India leverage Dixon’s status of being cleared to receive sops under the government’s production-linked incentive (PLI) scheme for mobile manufacturing. And for Dixon, it will mean another big-ticket contract, assuring revenue for its mobile manufacturing business, which contributed the largest — 46% — to its total revenue of FY4Q. Under the PLI scheme, Dixon has so far received around Rs 110 crore as incentives for meeting the incremental production targets.

Gujarat Ambuja Exports Ltd (GAEL), part of the agricultural products industry, has rallied by about 18% in a week to touch a fresh 52-week high in September 2023 and the chart patterns suggest that the rally may not be over yet. The stock rose from Rs 285 as of 18 September 2023 to Rs 338 recorded on 25 September 2023 which translates into an upside of over 18% in a week. The stock has rallied over 30% in a month – putting it in an overbought zone. Gujarat Ambuja Exports, which has a market capitalization of more than Rs 7600 cr trades at a market capitalization of 27.05x and an earnings per share of Rs 12.49, BSE data showed. Short to medium-term traders can look to buy the stock now for a target of Rs 360 in the next 3-4 weeks, suggest experts.

Sanjiv Bhasin, Director, IIFL Securities, says “we have been buying Dixon, Jio Finance, SRF, HDFC Bank and SBI Cards for the last 4-5 days and we intend to buy for the next 10 days. Dixon has run up quite a bit and now when you get this news that there will be a little bit of lag before it becomes a Make in India theme and so on.” What levels do you see on Dixon Tech in the near term? Let me make a disclosure. In the last 4-5 days, we have had some select clients who have done a SIP in 5 stocks. Top amongst that is Dixon and they are very bullish. These are certain clients who are informed investors. Dixon, Jio Finance, SRF, HDFC Bank and SBI Cards are the 5 stocks. A disclosure, we have been buying these in the last 4-5 days and we intend to buy for the next 10 days. Notwithstanding, Dixon has run up quite a bit and now when you get this news that there will be a little bit of lag before it becomes a Make in India theme and so on.

(Reuters) — Negotiators for the striking Hollywood actors and the studios will meet for talks on Oct. 2, the parties said in a joint statement on Wednesday.

Ethereum futures exchange-traded funds (ETFs) could start trading for the first time in the United States as early as next week, according to Bloomberg analysts.

Former Chrysler CEO Bob Nardelli discusses the ongoing talks between the UAW and the Big Three automakers on «The Claman Countdown.»

PARIS, Sept 26 — Dior designer Maria Grazia Chiuri unveiled a spring collection on Tuesday that mixed masculine and feminine styles, with full, airy skirts in black mesh and solemn tailored jackets, throwing in faded fabrics, unfinished edges and tops baring one shoulder. Chiuri said she sought to revisit stereotypes of women while updating the codes of the fashion house in a contemporary manner, allowing women to choose what suits them. «It's a reflection about image, about the narrative and how we build — in some way — a stereotype in our mind,» Chiuri told Reuters. Models wove around a darkened set lit up with bright yellow and pink screens showing artwork by Elena Bellantoni of advertisements since the 1960s, featuring caricatures of women's roles. «I used yellow and pink — colours that are used for highlighter pens — because I wanted to highlight the discourse that has put women in a cage for 70 years,» Bellantoni told reporters. Chiuri used knitwear techniques to lighten the weight of a pleated skirt, and took on pointy-toed kitten heels, turning them into gladiator shoes, with rows of straps running up the leg, fastened with pearls. Intricate ivory knit dresses, an ample jean jacket and a ruffled dress came in faded colours, as if aged, while a dress was embellished with embroidered flowers. «I really like this idea, to think how the material can change with time,» said Chiuri, who designed a couture gown worn by Queen Camilla at a banquet at the Palace of Versailles for King Charles's state visit in France last week. The LVMH-owned fashion label's show saw onlookers angle for photos of celebrities, including Blackpink member Jisoo, Charlize Theron, Elle Macpherson and Rosalia. Paris Fashion Week, which

₹5,298.95 per share on BSE on Wednesday. (Refresh for more updates)"Exciting news! Mint is now on WhatsApp Channels

₹210.00 apiece on the BSE. Moody’s downgraded Vedanta Resources’ Ltd (VRL) corporate family rating (CFR) from Caa1 to Caa2 over elevated risks of debt restructuring over the next few months.

government on Tuesday sought a week's time to apprise the Supreme Court of the status of pending transfers of 26 high court judges and the appointment of chief justice to a «sensitive» high court. The appointment of nine high court judges, which the Supreme Court collegium has recommended, is also pending with the government. A bench headed by Justice Sanjay Kishan Kaul deferred the matter after attorney general R Venkataramani requested for a week to seek instructions.

Crypto traders are asking if the Bitcoin price can pump to $30,000, but new crypto presale Bitcoin Minetrix is grabbing the headlines with its revolutionary no-fuss, no-rigs, low-cost stake-to-mine token.

Pomp Investments' Anthony Pompliano discusses the push for the SEC to approve Grayscale Investments' Bitcoin ETF on 'The Claman Countdown.'

As per the report, industry bodies estimates indicate that these two bandh days have cost the state approximately Rs 4,000 crore in losses. This economic setback could potentially hinder Karnataka's progress towards its goal of becoming a $1 trillion economy, especially when it has just started to recover from the impact of the pandemic, the industry bodies said. BC Prabhakar, President of the Karnataka Employers Association (KEA), told TOI, «Bandhs hurt the livelihood of people.

Domestic benchmark index NSE Nifty ended 9.85 points down at 19664.7, while the BSE Sensex closed 78.22 points down at 65945.47. On the other hand, Winsome Yarns, Shreyas Ship, Airan Ltd., IFCI and Divgi Torqtransfer stocks hit their fresh 52-week highs today. In the Nifty 50 index, Eicher Motors, Hero MotoCorp, Nestle India, Bajaj Auto and ONGC were among the top gainers on the NSE in the today's trade. Meanwhile, IndusInd Bank, Cipla, Tech Mahindra, Kotak Bank and Adani Ent.

stock market was a hive of excitement today as both large and midcap stocks surged to new 52-week highs. This impressive performance by a diverse range of companies illustrates the robustness of these segments. The data was sourced from StockEdge at 1:25 p.m., and the updates from the real-time data could come with a lag. The below data also pertains only to the time at which it was taken.

₹1,550 apiece on NSE. According to data available on NSE, Dars Business Finance Pvt Ltd purchased 34,500 equity shares for ₹1,449.48 apiece, while Lucky Investment Managers Pvt Ltd bought 15,500 equity shares for ₹1,450.00 per share.

Delta Corp share price dropped almost six per cent in the morning trade on BSE on Tuesday to hit its fresh 52-week low of ₹134.55. The stock opened at ₹137.50 against the previous close of ₹143 and plunged 5.90 per cent to its one-year low level. In the previous session, the stock cracked over 18 per cent after it received a government notification requiring it to pay a tax of ₹16,822 crore for the period spanning July 2017 and March 2022.

₹30 apiece levels on NSE, this PSU bank share has risen to the tune of 165 per cent in these 15 months. However, it seems that the sate-owned bank has more steam left in it. PNB share price today opened upside and went on to hit new 52-week high of ₹81.35 apiece on NSE, logging around 40 per cent rise in YTD.

₹482.37 crores. RPP Infra Projects share price opened at ₹71.36 apiece on BSE.