Varun Beverages approves ₹7,500 crore fund raise through QIP
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Bank & other rate-sensitive stocks surge post RBI policy decision
Following the RBI policy decision, shares of SBI, Axis Bank, and PNB were trading with gains of as much as 2%. Automobile players like Tata Motors rose over 2%, while real estate stocks gained over 5%.
Sundaram-Clayton raises ₹400 crore via QIP — check the big investors
The company allotted 18.14 lakh equity shares at an issue price of ₹2,205 per share, marking a 4.99% discount on the floor price of ₹2,320.78 per share.Sundaram-Clayton shares gained 4.12% to ₹2,450 on the BSE at around 10:38 am after…
Suzlon Energy shares top gainers on Nifty 500 after price band revised to 10%
The price band revision has taken place after the stock was removed from the Additional Surveillance Measure (ASM) framework.
SBI is top banking sector pick for Nomura on attractive valuations, asset quality
As many as 20 analysts who have coverage on SBI, India’s largest lender, have a price target in excess of ₹1,000.
Ashok Leyland shares fall after CLSA downgrades on oversupply, margin headwinds
CLSA also cut its price target on Ashok Leyland by 27% to ₹188 from ₹258 earlier.
Analysts see upside in Dr Lal Pathlabs, Dixon Tech and IPCA Labs for today’s trade
On Wednesday, market tech analysts Mitessh Thakkar and Shilpa Rout recommended these stocks for the short term.
Chinese stocks slump amid stimulus skepticism, weak holiday data
Enthusiasm over China’s stimulus-driven rally is cooling after the lack of any further major initiatives at a key policy meeting Tuesday disappointed investors.
RITES inks MoU with Etihad Rail for infrastructure works in the UAE
RITES Share Price | Eithad Rail is the developer and operator of the UAE National Rail Network. RITES said the MoU is to explore cooperation and synergise strengths in developing railways and related infrastructure in the UAE and wider region.
Reliance Industries re-rating should gain traction in 2025, says Morgan Stanley
While cyclical challenges, especially in refining and retail, are expected to continue, these issues seem to be reflected in the current pricing, Morgan Stanley noted.