Mutual Funds made a complete exit from these stocks in September

From Suzlon to Reliance Industries and TCS, India’s Mutual Funds exited these names in the month of September.

From Suzlon to Reliance Industries and TCS, India’s Mutual Funds exited these names in the month of September.

Emkay wrote in its note that the company valuations have been stressed since listing, due to slower revenue growth and weak profit margins, impacted by inflation. However, with an attentive management team in place, Gopal has been addressing loose ends…

Gold prices today: On the Multi Commodity Exchange (MCX), gold contracts for December delivery decreased by 0.04%, with a trading volume of 14,502 lots.

Emkay Global has initiated coverage on the non-ferrous sector, recommending a ‘Reduce’ rating for Hindalco Industries Ltd., and ‘Buy’ ratings for both Vedanta Ltd. and National Aluminium Company Ltd. According to the brokerage’s preference, Nalco ranks highest, followed by Vedanta,…

Premier Energies Share Price | The orders have been received from eight domestic customers and one foreign customer.

Shares of Trent have also rallied more than 170% since beginning of the year. In contrast, the stock of Avenue Supermarts has come off over 20% from its September peak, which has narrowed its year-to-date gain to just 3%.

Paytm shares rose 71% during the July-September period, its best ever performance in a quarter since listing.

IIFL believes the organised footwear industry in India is well poised to deliver mid-teens growth in the medium term, driven by consistent increases in incomes and a steady shift towards the organised channel.

Gensol Engineering Share Price | As part of the deal, Gensol Engineering will offer services such as design, construction and long-term operation and maintenance of rooftop solar photovoltaic (PV) systems for the engineering facilities of an aviation company in Dubai.

MTNL has defaulted on bank loans recently with total debt currently standing at ₹31,944.51 crore. The government is also not in favour of a haircut for lenders on MTNL’s exposure, sources said.