Morgan Stanley raised AB Capital’s stock from “equal-weight” to “overweight” and set a target price of Rs 247 per share, indicating an upside potential of more than 40 percent from present levels. As a result, shares of AB Capital increased more than 2 percent to Rs 172 per share on January 13. The benchmark Nifty […]
AB Capital Shares Jump 2% on Morgan Stanley’s Bullish Call—40% Upside Ahead? Read More »
Avenue Supermarts, which operates the retail chain DMart, had its shares fall about 6% in early trading on Monday, in line with the overall market, as mood was dampened by a dismal earnings report. Earnings were hurt by a decline in gross margin, greater operating expenses, and higher retailing costs amidst increased rapid commerce rivalry.
Global brokerage company Morgan Stanley lowered PB Fintech’s stock from its prior “equal-weight” rating to a “underweight” call on January 13, causing shares to plummet 7%. The reduction was caused by high stock valuations and lower-than-expected profit emergence, according to the brokerage. As a result, Morgan Stanley set a price objective of Rs 1,400 for
Inox Wind’s stock fell as much as 3.7% during Monday’s intraday trading, despite Care Rankings upgrading many short-term facilities. On Monday, Inox Wind’s share price began at ₹153.70 on the BSE, down more than 1% from its previous close of ₹155.35. The value of Inox Wind’s shares then fell to further lows, going as low
Inox Wind Share Price Falls 3.7% Despite CARE’s Rating Upgrades Read More »
WeWork India, a leading coworking space, announced on Monday that it has collected Rs 500 crore through a rights issue, primarily to pay down debt and spur additional expansion. Embassy Group, a real estate company, owns 73% of WeWork India, an unlisted company, while WeWork Global owns 27%. One of the top providers of flexible
WeWork India Secures ₹500 Crore Boost: Bold Plan to Slash Debt and Power Growth! Read More »
After a dismal start to the year, China’s top securities regulator says it would work on creating a mechanism to stabilize the market and promises to anchor market expectations in 2025. Following a work meeting on its priorities for the year, the China Securities Regulatory Commission (CSRC) issued a statement stating that stability is at
China’s Securities Regulator Steps In: Bold Moves to Stabilize a Shaky Market! Read More »
Waaree Energies Limited, India’s largest maker of solar PV modules with 13.3 GW of installed capacity, has reached a definitive deal to purchase 100% of Enel Green Power India Pvt Ltd from Enel Green Power Development S.R.L for Rs 792 crore. The transaction is subject to usual closing adjustments, the business said in a statement
Waaree Energies Soars 3% After Rs 792 Cr Enel Green Power Takeover—What’s Next? Read More »
Long unwinding is the process of selling stocks or positions that have been held for an extended length of time, either to record a profit or to get out in expectation of a bear market. During Friday’s trading session, there was a lengthy unwinding in five equities. This is the list: An RBI-registered infrastructure finance
DLF, BEL Lead the Pack: 5 Stocks Facing Long Unwinding Pressure – What’s Next? Read More »
Investors will draw cues from the December quarter corporate earnings, with blue-chip businesses such as Infosys and Reliance Industries set to announce results this week. Furthermore, inflation statistics and foreign investor trading activity will play an important role in shaping market patterns, according to analysts. Investors will closely monitor the movement of crude oil prices
In response to the COVID-19 pandemic in March 2020, the Securities and Exchange Board of India (Sebi) has the authority to modify the ₹500-crore exposure or open interest limit for index futures and options that were implemented for institutional investors, including international and mutual fund investors. agreements. This modification, which was made possible by a
EMA Partners India, a Mumbai-based company, announced on Saturday that it plans to raise Rs 76 crore through an IPO on the NSE’s Emerge platform. The offering will go live on January 17. On January 21, the sale with a price range of Rs 117–124 per unit will come to an end. According to a
EMA Partners India SME IPO Opens Jan 17: A Rs 76 Crore Opportunity You Can’t Miss! Read More »
ITC Hotels Ltd. has issued equity shares worth 125.11 crore to its stockholders as part of its ongoing reorganization. An agreement between ITC Ltd. and ITCHL led to the confirmation of the allocation during a Board meeting on January 11, 2025. In accordance with the record date of January 6, 2025, the shares were distributed
