ICICI Bank reported a stellar jump in net profit. Private sector lender ICICI Bank today announced a dividend of Rs 2 per equity share. The
Tag: Markets
Wall Street investors await Tesla, Apple, Amazon earnings along with Biden’s tax proposal next week
The upcoming week would be crucial for investors with the Federal Reserve Meeting on Cards, crucial earnings, and Joe Biden set to address a joint
Rakesh Jhunjhunwala not immune to weak market sentiment; lost Rs 500 crore in three stocks this week
Another Tata group firm, Tata Motors was also seen pulling Rakesh Jhunjhunwala’s wealth lower this week. Even big bull Rakesh Jhunjhunwala was not immune to
Sensex, Nifty continue range-bound movement; covid-19 likely to remain an overhang next week
At this juncture, technical analysts have been citing 14,200 as the key support for the Nifty index. (Image: REUTERS) The holiday-shortened week saw Sensex and
Analyst Corner: Upgrade Hero MotoCorp to ‘add’, Gogoro JV to launch EVs
Hero-branded vehicles would be powered by Gogoro swappable batteries. Hero MotoCorp (HMCL) and Taiwan’s Gogoro Inc. have announced a joint venture to collaborate on development
Reliance Capital defaults on payment to bondholders
Reliance Capital has been missing monthly interest payment of Rs 4.77 crore to HDFC and Rs 71 lakh to Axis Bank. Reliance Capital has failed
Nestle India Rating ‘Hold’; Results were in line with expectations
The channel witnessed 66% growth y-o-y in Q1CY21 (after 110% growth in CY20) and now contributes 3.8% to domestic revenues. With 10% YoY growth, Nestle’s
Mindtree Rating ‘Buy’; Solid set of numbers in Q4FY21
Management remains confident of delivering double-digit growth along with Ebitda margin of 20% plus in FY22. Mindtree (MTCL) delivered a solid set of Q4FY21 numbers—revenue
Motilal Oswal maintains ‘Buy’ rating on ICICI Securities with TP of Rs 650
Distribution revenue was up 22% YoY to Rs 1.41b (QoQ not strictly comparable due to seasonality). 4QFY21 was another robust quarter in an overall strong
Sensex, Nifty end in red; here’s what experts make of today’s trading session
Falling, on three out of four trading sessions this week, Sensex and Nifty closed the week down 2% each. (Image: REUTERS) Sensex and Nifty ended
