Category: Stock

ET Intelligence Group: Oil marketing companies (OMCs) are set to drive earnings growth in the oil and gas sector in the December quarter, supported by robust refining margins, improved fuel price spreads and easing LPG under-recoveries. In contrast, upstream producers are likely to face pressure from lower crude oil prices while city gas distributors (CGD) […]

Realty firm Signature Global on Sunday reported a 27 per cent decline in its sales bookings to Rs 2,020 crore for the quarter ended December, despite high festive demand for housing properties. The Gurugram-based company had sold properties worth Rs 2,770 crore in the year-ago period. In a regulatory filing, Signature Global informed that it […]

Analyst forecasts go beyond mere numbers — they offer a strategic lens into future market potential. For investors looking out for the next breakout opportunity, Nifty500 stocks stand out as compelling picks. According to the estimates from Trendlyne, as many as Nifty500 stocks have the potential to deliver significant returns over the coming 12 months. […]

IT services major Tata Consultancy Services (TCS) is expected to report steady but muted growth in the December quarter, with an average of five brokerages pencilling in revenue growth of about 5% year-on-year and profit growth of around 6%, reflecting cautious client spending and margin headwinds. Based on the estimates, Q3 revenue could come in […]

​A packed IPO calendar awaits investors next week, with 11 public issues in focus across mainboard and SME platforms. Of these, six IPOs are scheduled to open for subscription, while five companies are lined up to list, as grey market premiums (GMPs) point to potential listing gains of up to 45% in select names.​ Source […]

Gujarat-based Narmadesh Brass Industries, a manufacturer of brass products, announced on Sunday that its Rs 44.8-crore initial public offering will open for public subscription on the BSE’s SME platform on January 12. The initial public offering (IPO) will conclude on January 15. The company has fixed the IPO price at Rs 515 per share, Narmadesh […]

Berkshire Hathaway has raised the annual salary of its new chief executive Greg Abel to $25 million, a sharp jump from the $100,000 salary that Warren Buffett chose to draw for more than four decades while running the company, according to a Reuters report. The pay revision comes days after Buffett formally stepped down from […]

The combined market valuation of seven of the top-10 most valued firms eroded by Rs 3,63,412.18 crore last week, with Reliance Industries emerging as the biggest laggard, amid a bearish trend in equities. Last week, the BSE benchmark declined by 2,185.77 points or 2.54 per cent. “Indian equity markets ended last week on a negative […]

A packed IPO calendar awaits investors next week, with 11 public issues in focus across mainboard and SME platforms. Of these, six IPOs are scheduled to open for subscription, while five companies are lined up to list, as grey market premiums (GMPs) point to potential listing gains of up to 45% in select names. Source […]

Driven by GST reforms, robust festive demand, and softening raw material prices, the FMCG industry expects volume-based growth, supported by a mid-single digit revenue rise and improved operating margins in the December quarter. After settling down of GST-led disruptions, where distributors and retailers focused on liquidating the existing higher-priced inventory in the channel, the FMCG […]