Category: Stock

Securities and Exchange Board of India (Sebi) Chairman Tuhin Kanta Pandey on Thursday said that people are the real custodians of financial markets notwithstanding that technology is essential to prevent cyber frauds. “Technology is essential, but people remain the most critical defence. Various studies show that a large number of breaches happen because of human […]

Hindustan Copper Limited (HCL) has reported an 18% y-o-y rise in consolidated net profit to Rs 134.28 crore for the first quarter of the current financial year. Consolidated total income rose 5% to Rs 526.65 crore. The higher profit is on account of expenses remaining flat at Rs 347.29 crore. A company statement said the […]

JSW Cement, which debuted on exchanges on Thursday, aims to be among the top two cement producers in the country, managing director Parth Jindal said. “To be a part of the JSW Group, we are not allowed to be in the top five or the top 10. If I have to have a bed in […]

Indian Oil reported doubling of net profit to Rs 5,689 crore in the June quarter from Rs 2,643 crore a year earlier buoyed by robust marketing margins. Revenue from operations grew 1% to Rs 218,608 crore in the three months ended June. “Improvement in net profit is mainly on account of higher refining and marketing […]

Microfinance company Spandana Sphoorty Financial suffered a consolidated net loss of Rs 360 crore in the first quarter of the fiscal, making it the fourth consecutive quarterly loss, on account of high asset quality stress and drop in business volume as well as income. The lender had earned a consolidated net profit of Rs 56 […]

On Thursday, the benchmark Sensex rose by 57 points, closing at 80,597. While the broader market saw a modest rally, 10 stocks from the BSE Consumer Discretionary Index reached their 52-week highs, marking their highest levels in the past year. Such breakouts are typically viewed by traders and investors as bullish signals, indicating strong upward […]

Wall Street’s main indexes declined on Thursday, after a hotter-than-expected producer prices report dampened investor expectations of potential interest-rate cuts by the Federal Reserve this year. A Labor Department report showed the Producer Price Index rose 3.3% on an annual basis in July, higher than the 2.5% gain expected by economists polled by Reuters. On […]

Vodafone Idea widened its net losses to Rs 6,608 crore in the June ended quarter versus Rs 6,432 crore reported in the year ago period. The revenue from operations increased 5% to Rs 11,023 crore in Q1FY25 compared to Rs 10,508 crore reported in the corresponding quarter if the last financial year. Customer Average Revenue […]

Indian benchmark indices closed higher on Thursday, breaking a six-week losing run driven by trade tensions and muted quarterly earnings, with gains in Infosys after it agreed to buy a stake in Australia’s Versent Group. Investor caution persisted ahead of Russia-U.S. talks on the Ukraine war in a holiday-shortened week. The BSE Sensex added 57.75 […]

Nuvama on Nykaa: Buy| Target Rs 235| LTP Rs 204| Upside 15% Nuvama has also maintained a ‘Buy’ rating on Nykaa with a target price of Rs 235, suggesting a 15% upside from the current market price of Rs 204. (Disclaimer: Recommendations, suggestions, views, and opinions given by experts are their own. These do not […]