British Prime Minister Rishi Sunak is keen to clinch a free trade agreement (FTA) with India in time for Easter, which falls at the end of March 2024, […]
Rating: Neutral – Apollo Tyres to enhance ROCE
We attended the Apollo Tyres’ investor conference and Andhra Pradesh (AP) plant visit last week. The AP plant impressed us with its well-planned layout and utilisation of machines […]
Indian markets stand out, valuation expensive, uncertainty to persist; HDFC Securities tells where to invest
Indian benchmark indices BSE Sensex and NSE Nifty 50 have touched new highs despite global and domestic headwinds. Domestic markets have turned out to be more resilient compared […]
Investors throng to Gold ETFs; invest Rs 124 crore in ‘safe haven’ asset class
Investors flocked to gold exchange traded funds (ETFs), which are considered a safe haven during uncertain times, and put in Rs 124 crore in April after withdrawing money […]
ideaforge Technology IPO subscribed 13.27 times on Day 2 of offer
The initial public offer of drone maker ideaforge Technology Limited was subscribed 13.27 times on the second day of share sale on Tuesday.The Rs 567.24 crore initial share […]
ONGC uses sub-sea pipeline to evacuate oil from Panna field
Oil and Natural Gas Corporation Ltd (ONGC) on Thursday said it has started evacuation of oil from Panna field through newly laid sub-sea pipeline and that the pipeline […]
Gold clocks worst weekly performance since late June, outlook remains bearish; traders eye RBI policy
By Jigar Trivedi Gold steadied above $1,930 an ounce on Friday but was still set to end the week lower, pressured by a strong dollar and rising Treasury […]
Rating: REDUCE; Indiamart to invest in new capabilities
Indiamart India’s largest B2B horizontal marketplace, is a dominant player in the B2B classifieds space, boasting 7.5 million sellers and 37 million active buyers. The company enjoys a […]
Maruti Suzuki stock falls 1.7% despite 2-fold surge in Q1 net profit; should you buy or sell Maruti shares?
Maruti Suzuki share price fell 1.7% to Rs 9,650.30 today after the company’s net profit surged more than 2-fold on-year to Rs 2,485 crore in Q1FY24. Q1 sales […]
Govt asks industry to cut edible oils MRP by Rs 8-12 per litre as global prices drop
The Centre on Friday directed edible oil associations to further reduce the maximum retail price (MRP) of major edible oils by Rs 8-12 per litre with immediate effect, […]