WhatsApp Financial News
23.05 / 04:13
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Pharmaceuticals
Buy Eris Lifesciences, target price Rs 1100: Prabhudas Lilladher
Eris Lifesciences with a target price of Rs 1100. The current market price of Eris Lifesciences Ltd. is Rs 901.6. Eris Lifesciences Ltd., incorporated in the year 2007, is a Mid Cap company (having a market cap of Rs 12347.29 Crore) operating in Pharmaceuticals sector.
23.05 / 04:13
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Buy IRB Infrastructure Developers, target price Rs 86: Axis Securities
IRB Infrastructure Developers with a target price of Rs 86. The current market price of IRB Infrastructure Developers Ltd. is Rs 73.37. IRB Infrastructure Developers Ltd., incorporated in the year 1998, is a Mid Cap company (having a market cap of Rs 44326.26 Crore) operating in Infrastructure sector.
23.05 / 04:13
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Buy Sudarshan Chemical Industries, target price Rs 973: LKP Securities
Sudarshan Chemical Industries with a target price of Rs 973. The current market price of Sudarshan Chemical Industries Ltd. is Rs 840.35. Sudarshan Chemical Industries Ltd., incorporated in the year 1951, is a Mid Cap company (having a market cap of Rs 5751.40 Crore) operating in Chemicals sector.
23.05 / 04:13
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Buy Navneet Education, target price Rs 182: Prabhudas Lilladher
Navneet Education with a target price of Rs 182. The current market price of Navneet Education Ltd. is Rs 166.3. Navneet Education Ltd., incorporated in the year 1984, is a Small Cap company (having a market cap of Rs 3608.10 Crore) operating in Paper sector.
23.05 / 03:45
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Canada police warns Hardeep Malik, son of acquitted Air India bombing suspect of potential death threats
Royal Canadian Mounted Police (RCMP) has issued a warning to Hardeep Malik, the son of Ripudaman Singh Malik, who was acquitted in connection with the Air India bombing of 1985. Hardeep Malik, a Surrey-based businessman, received an official letter cautioning him about potential threats to his life. This comes in the wake of Ripudaman Singh Malik's murder in 2022, for which two individuals have been charged, CBC News reported. Despite the lack of concrete evidence, the CBC News report claims that RCMP investigators are exploring the possibility of the Indian government's alleged involvement in Ripudaman Singh Malik's assassination, similar to their alleged role in the killing of Sikh separatist Hardeep Singh Nijjar the previous year.
23.05 / 03:45
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Reduce Deepak Nitrite, target price Rs 228: Prabhudas Lilladher
Deepak Nitrite with a target price of Rs 228. The current market price of Deepak Nitrite Ltd. is Rs 2466.1. Deepak Nitrite Ltd., incorporated in the year 1970, is a Mid Cap company (having a market cap of Rs 33600.43 Crore) operating in Chemicals sector.
23.05 / 02:47
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Singapore Airlines shares slip 1.3% after turbulent flight
Singapore Airlines shares fell more than 1% in early trade on Thursday, following a deadly turbulence-hit flight. One passenger died of a suspected heart attack and dozens were injured after flight Singapore Airlines SQ321 encountered what the airline described as sudden, extreme, turbulence while flying over Myanmar on Tuesday.
23.05 / 01:57
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Buddha Purnima 2024: From banks to offices, what's open and what's closed
Buddha Purnima 2024: Buddha Purnima or Buddha Jayanti commemorates the birth of Lord Gautam Buddha. The holiday, also known as Vesak, is a yearly celebration observed on the first full moon of the Hindu calendar month Vaishakha.Buddha was born around 563 BC in Lumbini (present-day Nepal) as Prince Siddhartha Gautam.
23.05 / 01:37
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Stocks in news: ITC, IndiGo, Grasim, Power Grid, Nykaa, Gland Pharma
ITC, IndiGo, Grasim, Power Grid, Nykaa, Gland Pharma among others will be in focus due to various news developments and quarterly earnings. ITC, IndiGo, Honasa, Tata Investment Shares of ITC, IndiGo, Honasa and Tata Investment will be in focus as the companies will announce their fourth quarter results today.
23.05 / 01:37
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Granules promoter Chigurupati sells stake
MUMBAI: Promoter Krishna Prasad Chigurupati has liquidated some of his shares in Granules India on Wednesday in a block deal on NSE.
23.05 / 01:37
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Pre-market action: Here's the trade setup for today's session
«Investors would now focus on Nivida earnings, US Fed meeting minutes, and UK inflation which will be released late today. Overall, we expect positive sentiments to continue in the market,» said Siddhartha Khemka, Head — Retail Research, Motilal Oswal.
23.05 / 01:37
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China starts 'punishment' drills around Taiwan days after new president takes office
China's military started two days of «punishment» drills around Taiwan on Thursday in what it said was a response to "separatist acts", just days after new Taiwan President Lai Ching-te took office and called on Beijing to cease its threats. China detests Lai, saying he is a «separatist», and it has denounced his inauguration speech on Monday. Chinese Foreign Minister Wang Yi this week called Lai «disgraceful». Lai has repeatedly offered talks with China but been rebuffed. He says only Taiwan's people can decide their future, and rejects Beijing's sovereignty claims.
23.05 / 00:25
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Are concerns over F&O retail activity overblown?
retail trader participation in stock futures and options overblown? Exchanges and stock brokers may have a reason to believe so. According to NSE data, the value of trades by retail investors who traded less than ₹10 lakh in a month as a percentage of total equity F&O turnover of ₹46.25 lakh crore in March was 0.6%. Options turnover in the total F&O turnover has been calculated on the basis of the premium and not the strike value (which is used by NSE and BSE to calculate their turnover officially).
23.05 / 00:25
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Coforge launches QIP to fund acquisition
Bengaluru: Noida-based IT firm Coforge launched a share placement for qualified institutional buyers late Tuesday night. The company plans to raise up to ₹2,240 crore through the QIP (qualified institutional placements) to fund its acquisition of Cigniti Technologies. The company in a filing with BSE said that the floor price for the issue is at ₹4,531.40 per equity share. In a recent interaction with ET, Sudhir Singh, the CEO, said that the company will shell out $220 — $250 million, (or about ₹1,826 crore — ₹2,081 crore) to acquire Hyderabad-based Cigniti Technologies even as the Noida-based IT firm launched an open offer to acquire an additional 26% stake in Cigniti. He had said that they would use QIP to acquire between 51% — 54% of the of Cigniti.
23.05 / 00:25
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Financial
Financial services, IT top on FPI selloff list in May
Indian equities worth ₹27,258 crore across 14 sectors between May 1 and 15, as per NSDL data. Financial services and information technology sectors witnessed the highest selloff in the same period. Foreign investors offloaded shares worth ₹9,687 crore and ₹5,574 crore in the financial services and IT sectors, respectively. In April, the two sectors witnessed selling of over ₹9,000 crore each. In 2023, financial services had received foreign inflows worth ₹52,900 crore while IT saw selling worth ₹7,066 crore. The construction sector witnessed foreign selling worth ₹3,811 crore in the first half of May after they bought shares worth ₹280 crore in April. Oil & gas and fast-moving consumer goods (FMCG) also saw foreign selling worth ₹2,808 crore and ₹1,158 crore respectively.
23.05 / 00:25
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Grasim Q4 revenue at record Rs 37,727 crore
cement and financial services businesses, Grasim Industries clocked in a 13% growth in its consolidated revenue for the March quarter, which took it to an all-time high of ₹37,727 crore. While operating profit of the flagship company of the Aditya Birla Group jumped by a little over a fourth to ₹6,196 crore during the quarter, also an all-time high, the net profit remained flat on year at ₹1,370 crore. Adjusted for an exceptional item charge of ₹538 crore, the bottomline rose by two-fifths on year.
22.05 / 21:49
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Netflix
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cover
The Witcher Season 4: Here’s what we know about first look, cast and release date
Netflix revealed the first glimpse of Liam Hemsworth stepping into the iconic role of Geralt of Rivia for the upcoming Season 4. This marked a significant transition from Henry Cavill's portrayal in the previous seasons, promising fresh adventures in the mystical world. First Look
22.05 / 20:17
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Destinations
Venice made $1 mn from the implementation of €5 Tourist Tax in April
Venice implemented a €5 ticketing system for day visitors last month. The city has already said that nearly one million euros have been collected in the first 11 days of the tax application, SchengenNews reports. Local media sources told Schengen visa news that from April 25 to May 5, approximately 1,95,000 tickets were sold, slightly surpassing projections and generating €975,000 in revenue. However, this amount falls short of covering the expenses associated with establishing the online reservation system, conducting information campaigns, and managing ticket controls, which amounted to three million euros.
22.05 / 20:17
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PGCIL's Q4 net profit dips 3.6%
Power Grid Corporation of India Ltd (PGCIL)'s consolidated net profit for the quarter ended March dropped 3.6% on-year to ₹₹4,166 crore. Revenue from operations fell to ₹11,978 crore, down 2.5% from the corresponding period a year ago.
22.05 / 20:17
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love
reports
Bridgerton season 3 on Netflix is bigger hit than 'You', 'The Witcher', 'The Crown', 'Virgin River', 'The Lincoln Lawyer'
Bridgerton season 3 part 1 on Netflix has received a strong response from OTT streaming platform's viewers. This has paved the way for the much awaited second part. A 10-day viewership report has been out for Bridgerton season 3 part 1 which was released on May 13 on Netflix. The first part of the Bridgerton's third season is higher than the first parts of 'You' Season 4, "The Witcher" season 3, "The Crown" season 6, "Virgin River" season 5, and "The Lincoln Lawyer" season 2, as per a report on WhatsOnNetflix.
22.05 / 20:17
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security
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country
India in talks with Sri Lanka to acquire graphite mine block
New Delhi: India is in talks with Sri Lanka to acquire a graphite mine block in the island nation, pushing ahead with its plan to forge global alliances to secure critical mineral supplies, said people familiar with the development. Separately, the country has received an offer from the United Arab Emirates to partner for critical minerals, they said. «Graphite is crucial for India since it is used for making batteries.
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