Infosys completed its first buyback of Rs 13,000 crore in December 2017 Infosys share price hit a new 52-week high of Rs 1,480 apiece in opening deals on Monday, a day after the software services giant announced that it would consider a proposal to buyback shares at a board meeting scheduled for April 14. However,
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During the last quarter, Avenue Supermarts continued to grow strongly. Its revenue from operations was 2% ahead of what analysts at Global brokerage and research firm Goldman Sachs had estimated. (image: REUTERS) Radhakishan Damani’s Avenue Supermarts, the company that runs the DMart hypermarket chain, last week said that its standalone revenue from operations was Rs
Research and brokerage firm Axis Securities has recommended four technical stocks to buy this week, with up to 16 per cent rally. Image: Reuters Sensex and Nifty 50 plunged over 3.5 per cent on Monday as India recorded a massive surge of 1.7 lakh COVID-19 cases in the last 24 hours. Moreover, fresh curbs and
In the aftermath of the pandemic, the US economy has been going on strong, another reason why Wood continues to be bullish on cyclicals. (Image: Reuters) With the US economy coming out of the pandemic strong, Chris Wood, Global head (equity strategy), Jefferies is sticking to his long on cyclicals stocks trade. While inflation worries
Amid panic selling, the total market cap of BSE-listed companies tumbled by nearly Rs 8 lakh crore to Rs 201 lakh crore at close BSE Sensex and Nifty 50 plunged over 3 per cent on Monday as fear of stricter lockdown to curb the second wave of COVID-19 dented investors’ sentiment. Amid panic selling, the