Uncategorized

If SBI proceeds with the qualified institutional placement (QIP), it would mark the lender’s first equity fundraising since 2017.

Gradually, as the beneficiation plants become operational, Lloyds Metals said it would replace Hematite DSO with beneficiated ore.

CNBC-TV18 has identified 10 stocks from the BSE500 index that have received unanimous “buy” recommendation. To ensure there is credibility and broader market consensus, the list includes only those stocks that are covered by at least eight analysts. Take a…

Motilal Oswal Financial Services said Supreme Industries, Astral and Prince Pipes and Fittings are some of the key players operating in the Indian plastic pipes space and it believes they are well-positioned to gain further market share and deliver a…

Krishnan ASV, Analyst-Institutional Equities at HDFC Securities, said PSU banks are becoming more disciplined and scientific in managing credit.

Satyam Panday, Chief US and Canada Economist at S&P Global Ratings, expects the US Federal Reserve to cut interest rates by 50 basis points by year-end and by another 75 basis points next year.

The dollar index, which gauges the greenback’s strength against a basket of six currencies, was trading 0.27% down at 97.41 after strengthening in the previous session.

In the grey market, shares of Globe Civil Projects, Kalpataru, and Ellenbarrie Industrial Gases were commanding a premium of ₹15, ₹3, and ₹19, respectively, on Day 3.

The last instance of Avendus Spark having a “buy” rating on Voltas was back in 2019, when it downgraded the stock to “add”, before downgrading it further to “reduce” in June 2020.

HDB Financial IPO Live Updates: Today is the second day of the ₹12,500 crore Initial Public Offer of HDB Financial Services, the unit of India’s largest private lender, HDFC Bank. For an IPO that size, the first day saw decent…