The US Dollar, a headwind for many Indian companies, is topping out, CLSA chartist says
Balanco went on to say that the longer-term profile of the USD is starting to provide evidence of a lower high, which is a negative development.
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Hindustan Aeronautics shares may rise another 20% as a key overhang abates: JPMorgan
Hindustan Aeronautics was also added to Morgan Stanley’s focus list on Wednesday, where the brokerage anticipates an order pipeline of over $60 billion for the company over the next decade. Morgan Stanley is “overweight” on Hindustan Aeronautics with a price…
Nifty to hit 42,000 in the long-term, says Laurence Balanco of CLSA
CLSA global chartist Laurence Balanco believes that India will continue to be a key driver for emerging markets and, relative to the global benchmark, an outperforming market, one that investors should consider increasing their exposure to.
United Spirits approves ₹4 as interim dividend for FY25; check record date here
Out of the 25 analysts that have coverage on United Spirits, 16 of them have a “buy” rating, four say “hold”, while five of them have a “sell” recommendation.
Explained — Why shares of IRM Energy surged up to 14% on Thursday
IRM Energy expects the agreement to further enhance its sourcing portfolio and thereby create long-term value to their stakeholders.
Laurence Balanco of CLSA sees Brent Crude prices falling to $50 per barrel
Crude Oil prices have found a floor below the mark of $70, owing to some positive economic data from China, stimulus announcements from the country and some proposed sanctions from US President Donald Trump on Venezuela
Welspun Enterprises gains 2% as subsidiary bags ₹79.29 crore order in Vadodara
The project involves the rehabilitation of an existing 1,800 mm diameter drainage line, utilising advanced trenchless technology.
Macrotech Developers Boost: India Ratings upgrades credit rating on bank loans
Macrotech Developers Share Price | The long-term rating for bank loans has been upgraded to IND AA/Stable from IND AA- Fund-based limits, covering both long-term and short-term, have also seen an improvement, now rated IND AA/Stable/IND A1+, up from IND…
Max Financial Block Deal: 51.16 lakh shares worth ₹569 crore change hands
CNBC-TV18 had reported on Wednesday that promoters of Max Ventures were looking to sell 1.6% stake in the company through a block deal.
JB Chemicals and Pharma declines nearly 7% after 90 lakh shares change hands in block deal
JB Chemicals and Pharma Share Price | On Wednesday, March 26, CNBC-TV18 had reported, citing sources that Tau Investment Holdings Pte was selling 10.2% stake in the Mumbai-based drugmaker via a block deal.