Yes Bank made an intraday high of ₹24.29 on Monday, before giving up those gains. However, Monday’s volumes are lower than that of Friday, when 24 crore shares have changed hands, compared to 55 crore on Friday.
The brokerage said the upcoming Navi Mumbai International Airport could become a key long-term growth driver for the city gas distributor, with the potential to add around four billion miles of travel.
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Post the potential listing, Religare intends to continue focusing on its core verticals: broking and lending, according to the sources.
Ahead of listing, the unlisted shares of Rubicon Research were trading at a premium of 20% in the grey market, according to data on Investorgain.
Chinese stocks plunged on Monday as trade tensions took centre stage after US President Donald Trump late last week threatened to slap an additional 100% tariffs on Chinese goods. That was in response to Beijing’s unveiling of broad new curbs…
Gold is a better bet, but some stocks are still attractive, according to Taher Badshah of Invesco Mutual Fund.
Avenue Supermarts, Tilaknagar Industries, BSE, Fiem Industries, Shakti Pumps and BlackBuck Ltd., are the six names that form the list of Diwali Stock picks for Samvat 2082 from Anand Rathi Shares and Stock Brokers. The average upside potential for these…
Jefferies expects Royal Enfield to benefit from the ongoing premiumisation of the two-wheeler segment, while the toughest phase of competition appears to be behind the company.
Jefferies has also in a factored capital raise in the next financial year, adding that growth and profitability will aid AU Small Finance Bank’s valuation premium.