Paytm shares get a ‘double upgrade’; Axis Capital sees stock at ₹1,500
Out of the 19 analysts that have coverage on Paytm, 11 have a “buy” rating on the stock, five say “hold”, while three have a “sell” rating.
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Why gold prices are rising daily: Market trends explained
Gold continues to hit all-time highs, driven by expectations of US interest rate cuts, geopolitical tensions, and safe-haven demand. Indian gold prices remain firm, reflecting the global bullish trend.
Urban Company shares jump 8%; Here’s why October 16 is an important session for the stock
At the day’s low on Tuesday, shares of Urban Company had declined 26% from their post-listing high of ₹201 per share.
Rupee jumps 88 paise against US dollar: Factors supporting the rebound
Forex traders pointed to multiple factors behind the rebound. Brent crude fell 0.43% to $62.12 per barrel. The dollar index, which tracks the greenback against six major currencies, dropped 0.20% to 98.85.
Leela Hotels confident of topping ₹100 crore quarterly profit target in FY26
Looking ahead, Anuraag Bhatnagar, Whole-time Director and CEO of Leela Palaces, Hotels & Resorts expects the momentum to continue. “We see a very robust, high double-digit growth in the balance of the year,” he said.
Q2 Results Live Updates: ICICI Lombard, Persistent Systems shares surge 7%; HDFC Life up 2% ahead of earnings
Q2 Results Live Updates: Earnings season for the September quarter is slowly but surely starting to pick up pace. Stocks like ICICI Lombard, Cyient DLM and Thyrocare Technologies, along with Tech Mahindra and Persistent Systems will be reacting to their…
Tech Mahindra shares slip after Q2 results despite operating beat; analysts divided in views
IT major Tech Mahindra delivered a better-than-expected operating performance in the second quarter. Both revenue and margins came in ahead of estimates, with constant currency revenue growth at 1.6% versus expectations of 1%. This also marked the strongest growth in…
Diwali Deal in the Making: Emirates NBD poised to acquire controlling stake in RBL Bank
CNBC-TV18 has reached out to both RBL Bank, and Emirates NBD, and their responses were awaited at the time of publishing this. The story would be updated if their responses are received.
Here’s what India’s top Mutual Funds bought and sold in September
Equity Mutual Funds deployed ₹400 crore from their cash balance in the month of September, but the overall cash levels remain at ₹1.76 lakh crore. Here’s what India’s top mutual funds bought and sold in the month of September, as…
Godrej Properties says South Bengaluru land has revenue potential of ₹1,100 crore; Stock in focus
Godrej Properties has set a sales target of ₹32,500 crore for the year, with expected collections of around ₹21,000 crore. MD & CEO Gaurav Pandey told CNBC-TV18 that the business is well-positioned to exceed this guidance by capitalising on favourable…