At the current levels, Dalmia Bharat shares are trading at a one-year forward Enterprise Value / EBITDA multiple of 10.4 times its estimated earnings for financial year 2027 and 9.07 times for financial year 2028. In comparison, the largest player…
Retail investors continued to lead demand, with their quota subscribed 2.34 times, while the non-institutional investor (NII) portion was booked 32%. The qualified institutional buyer (QIB) segment had not received bids at the end of second day.
Gold and silver prices fall as a stronger US dollar and expectations of further Federal Reserve rate hikes pressure bullion, investors eye key US economic data.
CLSA said concerns surrounding the impact of El Niño on the company’s performance appear overstated. Its analysis found no meaningful historical correlation between rainfall patterns and Hero MotoCorp’s domestic two-wheeler volume growth over the last two decades.
The government’s divestment drive continues to gain momentum as the IRFC stake sale comes after the recent OFS’ in Coal India, Central Bank of India, NLC India, NHPC and General Insurance Corporation of India (GIC).
Sensex Today | Stock Market LIVE Updates: The Nifty Bank recovered everything it lost on Tuesday and a little more with a near 1,000-point surge. For the banking index, a close above 58,000 is a positive and it will now…
Shares of Sterlite Tech ended 3.7% lower on Wednesday at ₹584.95. The stock continues to remain under Stage 4 of the Long-term Additional Surveillance Measures (ASM) framework, which requires payment of 100% margins upfront, prevents intraday trading and also puts…
South Korea’s Kospi index surged 5% in early trade, while the broader MSCI Asia Pacific Index was up over 1%.
Brent declined towards $73 a barrel after declining 4% in the prior session. Meanwhile, West Texas Intermediate was close to $70 a barrel.
Analysts tracking the company believe that this move will boost the company’s valuations, and also allow greater foreign investor access. They added that the focus of the market will shift from demand to execution, particularly SK Hynix’s ability to expand…