Macquarie has an ‘overweight’ rating on L&T with a price target of ₹4,910 per share, an upside of 42.8% from its previous close. It said the L&T stock has corrected 22% over the last month and it sees significant value…
Generic versions have been introduced at steep discounts, with monthly therapy costs ranging from about ₹1,290 to ₹8,000, compared to ₹8,800 to ₹16,400 for the innovator drug.
HSBC said the resignation of the bank’s chairman appears to stem from a difference of opinion rather than governance concerns. However, it warned that the development could lead to some valuation multiple compression.
As of the December quarter, Vedanta Ltd. had 19.75 lakh small retail shareholders, or those with authorized share capital of up to ₹2 lakh. These shareholders held a 11.2% stake in the company.
Nine stocks, including Castrol India, India Glycols, Vedanta, PFC, among others are set to see corporate actions this week, including those for dividends, bonus issues and stock splits announced by these companies earlier. Here’s a look at a list of…
On the charts though, Gold has entered oversold levels, with the 14-day Relative Strength Index (RSI) extending a fall below 30, a level that is considered “oversold”.
Sensex Today | Stock Market LIVE Updates: For the Nifty, 23,000 continues to remain the most important level before the recent swing low of 22,930 comes into play. The Nifty Bank continues to remain the index in focus due to…
The MSCI Asia Pacific Index was down 1.2% with Japan’s Nikkei declining up to 3.9%, bringing its losses in March to 13% . South Korea’s Kospi declined 4.5%, marking a 12% decline for March. Australian equities were down as much…
Brent, the global benchmark, has surged more than 50% since the start of the war, that has now entered its fourth week, with no signs of easing. Prices are also volatile due to the constant flip-flop by Trump, who, before…
Godrej Properties Ltd and Lodha Developers Ltd are bullish on India’s housing demand, as both realty firms have acquired more than 25 land parcels so far this fiscal year to develop residential projects with a combined revenue potential of more…