BYD loses $45 billion in market cap, analysts turn bearish as concerns mount
The recent correction has also led to BYD’s valuations dropping to 17 times forward earnings, which is below the three-year average of 20 times.
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In High Spirits! Jefferies recommends ‘buying’ these three stocks for up to 25% upside
According to Jefferies, the spirits category offers strong growth potential led by premiumisation, with all major companies expected to deliver double-digit compounded annual growth in revenue, along with a scope for margin expansion.
Sensex Today | Stock Market LIVE Updates: GIFT Nifty hints at a negative start as index aims to extend gains
Sensex Today | Stock Market LIVE Updates: In the last traidng week Nifty not only crossed 25,000 but also 25,100 in the final two sessions of last week as two of its heavyweight constituents, banks and IT, stepped up.
Oil holds steady with focus on Russian trade, looming oversupply
Brent traded near $67 a barrel, after adding 2.3% last week, while West Texas Intermediate was below $63.
Asian stocks hold near record as focus turns to US Fed meet
The MSCI All Country World Index held steady in early trading after closing at a record Friday. MSCI’s Asia equity index also traded near a record high. Shares in South Korea gained 0.5% amid a change to the capital gains…
Urban Company IPO allotment expected on September 15: Steps to check status, listing date and other key details
The ₹1,900-crore book-building issue was a combination of a fresh issuance of 4.58 crore shares and an OFS portion of 13.86 crore shares, amounting to ₹1,428 crore.
Here’s what India’s top Mutual Funds bought and sold in August
Major Fund house of India bet on Auto stocks, private banks and quick commerce giant Eternal in the month of August, while trimming or exiting their stake in some underperforming names. Here’s a look at that list.
Shringar House of Mangalsutra IPO allotment: Steps to check status online and other key details
Shares of Shringar House of Mangalsutra are tentatively scheduled to be listed on the NSE and BSE on September 17.
Dev Accelerator IPO allotment: Here’s how to check status on NSE, BSE and Kfin Technologies
Dev Accelerator Ltd is expected to finalise the share allotment status for its initial public offering (IPO) on Monday, September 15, after witnessing a robust response from investors. The mainboard IPO closed with an overall subscription of nearly 64 times…
Tata Technologies shares will react to €75 million acquisition that boosts revenue growth, EPS accretive
Tata Technologies believes that the acquisition enhances the company’s engineering, R&D, ER&D capabilities, particularly within next-generation mobility technology.