Acme Solar Holdings made a disappointing debut at the bourses. What should investors do?Nuvama Wealth Management Share Price - 10 days ago
Acme Solar Holdings listed at a 13% discount to its issue price, indicating subdued investor response. The company operates in the promising renewable energy sector and has shown strong growth and improved profitability. However, the high debt-to-equity ratio remains a concern.
Economic Times

Zomato welcomes rival Swiggy on Dalal StreetZomato Share Price - 10 days ago
Food delivery giant Zomato welcomed rival Swiggy’s debut on Dalal Street on Wednesday through a post on X, formerly known as Twitter.
Economic Times

Rs 6.8 lakh crore wiped out: Sensex tanks 984 points. Key factors behind today's panic sell-offTata Consultancy Services Share Price - 10 days ago
Indian stock markets experienced a significant drop on Wednesday, with the Sensex plummeting over 980 points and the Nifty falling below 23,600. This decline was primarily fueled by a surge in inflation, which dampened expectations of an interest rate cut in the near future. The slump was further exacerbated by disappointing corporate earnings and a consistent outflow of foreign investments.
Economic Times

Mutual funds vs PMS: How to choose right wealth management solution for your needs - 10 days ago
Portfolio Management Services (PMS) offer a tailored investment approach with higher risk and potential returns, suitable for high-net-worth individuals. Mutual funds, on the other hand, provide a diversified and regulated investment option suitable for a broader investor base. The choice between the two depends on individual financial profile, risk tolerance, and investment objectives.
Economic Times

70% upside foreseeable in RIL shares in blue-sky scenario, says CLSA - 10 days ago
RIL shares have faced notable pressure in recent months, declining 10.2% over the past 6 months and 13.9% in the past 3 months. Despite this, the stock is up 8.9% over the past year.
Economic Times

Swiggy IPO lists on exchanges with thin price gains. What this revealsZomato Share Price - 10 days ago
Food delivery giant Swiggy debuted on the stock market with a modest 8% premium, reaching a market capitalization exceeding ₹1 lakh crore. Despite a lukewarm response from non-institutional investors, the IPO saw strong interest from institutional and retail investors.
Economic Times

Contrarian bets: These 5 metal stocks can deliver more than 31% return in 1 year - 10 days ago
Just a few weeks back, when the Chinese economic stimulus package was being talked about on the street, it was all about metal stocks and how metal prices were going to rise due to a possible demand revival in China. But with Donald Trump now president-elect in the US, the narrative has changed – and metal stocks have also corrected. It is probably time to be a contrarian and get them on your watchlist as a surprise from China can never be ruled out. Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components – earnings, fundamentals, relative valuation, risk, and price momentum to generate standardized scores. SR+ Reports is a complimentary offering to ETPrime members.
Economic Times

Nifty down 10% from peak, Sensex weaker by 8,000 points in less than 2 months. Bear market next? - 10 days ago
While the headline indices will be treated in bear grip if they fall below 20% from the peak, retail investor portfolios are already reflecting signs of a bear market as more than 900 stocks above Rs 1,000 crore market capitalisation are down at least 20% from their 52-week high levels.
Economic Times

Decoding HNI portfolios: Allocation strategies for equity, gold, real estate, and debt - 10 days ago
Interestingly, the wealthy strive to give back and create a positive impact. Around 82% of respondents indicated they are either involved in philanthropy now or plan to start within the next two years.
Economic Times

European shares open marginally lower on tech drag - 10 days ago
Siemens Energy jumped 19% after the utility sector supplier raised its mid-term margin target and set a new record for its order book.
Economic Times

Buffett’s Berkshire is being packaged into a leveraged ETF - 10 days ago
One of South Korea’s largest retail brokerages, Kiwoom Securities Co., now plans to bundle Class B shares into an exchange-traded fund enhanced with derivatives—an approach Warren Buffett might disapprove of. Kiwoom has partnered with Milwaukee-based Tidal Investments to launch an ETF aiming to deliver 200% of Berkshire’s daily performance, according to a regulatory filing.
Economic Times

Nikkei falls after last week's rally, Seven & i surges on buyout proposal - 10 days ago
Wall Street's three major indexes closed lower on Tuesday, as investors booked some profits from a post-election rally and waited anxiously for U.S. inflation data due this week.
Economic Times

Zinka Logistics IPO Day 1: Check GMP, Price Band, Subscription, Key Dates, Review,KFIN Technologies Share Price - 10 days ago
The IPO of Zinka Logistics, operator of the BlackBuck platform, has been subscribed 21% on its first day of bidding. As of 1:15 pm, the issue received 46,70,514 bids out of the total 2,25,67,270 available. Retail investors led the demand with a 35% subscription, followed by qualified institutional buyers (QIBs) at 26%.
Economic Times

A view of India’s market milestones and emerging trends: Motilal Oswal - 10 days ago
India’s market capitalisation reached $ 5 trillion in May 2024 and grew to $ 5.4 trillion by November 2024.
Economic Times

Swiggy shares surge 9% after listing, market cap crosses Rs 1 lakh croreSwiggy Share Price - 10 days ago
Shares of Swiggy surged 9% to Rs 449 on BSE on Wednesday after debuting at Rs 412, with the company's market capitalization crossing the Rs 1 lakh crore mark. Despite the strong price movement, Swiggy's debut was considered muted, with a modest 8% premium over its issue price.
Economic Times

Auto stocks: More fall on the cards? Should it matter? 6 auto stocks with an upside potential of up to 37% - 10 days ago
Once again it was auto stocks that bore the brunt of a bear mauling. Can they fall any more? Yes – when the market is in correction mode, any stock can shed more weight. The bigger questions: Should the fall in auto stocks be seen as an opportunity? Or is it better to stay away at this point? Or even move out of these stocks as things may be turning troublesome for the sector? The answer to these questions is simple. Don't change your outlook – change the time frame. There are good reasons for this.
Economic Times

Macquarie raises Zomato target prices but remains bearishZomato Share Price - 10 days ago
Macquarie raises Zomato's target price to Rs 130 but maintains an 'underperform' rating due to growth risks. Zomato's competitor Swiggy also attracts mixed ratings from brokerages.
Economic Times

Bitcoin sees profit booking after over 30% rally since Trump's US election win - 10 days ago
Bitcoin's rally, which surged nearly 30% following Donald Trump's election victory, has paused as traders engage in profit booking. The cryptocurrency hit a record high of $89,906 on Tuesday but was trading 1.5% lower at $87,310 by 10:28 AM IST.
Economic Times

Would prefer Zomato over Swiggy if asked to pick only one: Brokerage JM FinancialZomato Share Price - 10 days ago
Brokerage JM Financial expressed a preference for Zomato over Swiggy, citing Zomato's market dominance and superior execution. The report highlights Zomato’s leadership and track record, suggesting it holds an edge over Swiggy, despite Swiggy’s progress in quick commerce with its Instamart vertical.
Economic Times

Rs 325 or Rs 470? Swiggy share price targets leave investors confused after listingSwiggy Share Price - 10 days ago
Swiggy's IPO debuted with an 8% premium, drawing mixed views from analysts. Macquarie sees downside risk, while JM Financial is bullish on future growth, despite profitability concerns.
Economic Times

Prosus gains $2 billion on Swiggy investment with IPO valuationSwiggy Share Price - 10 days ago
Prosus NV, Tencent's top investor, has made over $2 billion from its investment in Swiggy, highlighting the value of its portfolio beyond Tencent. Prosus and Naspers Ltd. invested $1.3 billion for a 31% stake in Swiggy, which is aiming for an IPO valuation of up to $11.3 billion in India.
Economic Times

Sula Vineyards shares crack 7% as Q2 PAT declines by 37% YoY, revenue dip marginallySula Vineyards Share Price - 10 days ago
Shares of Sula Vineyards fell 7.4% after reporting a 27.3% YoY decline in Q2 profit and a 1.2% revenue dip, despite strong performance in its Elite & Premium portfolio.
Economic Times

Long-term impact of the US Presidential Election on the global Bitcoin market - 10 days ago
Bitcoin surged post-2024 US elections, fueled by Trump’s pro-crypto stance, with a 27.83% growth. Bitcoin’s future looks bullish, with potential to reach new all-time highs amid favorable US policies.
Economic Times

HDFC Bank trading near record highs; time to buy? Ajit Mishra decodes - 10 days ago
“The banking sector has been witnessing consolidation, with HDFC Bank showing notable resilience among the major private banks. Traders can buy for a target of Rs 1950 in the next 1-2 months,” Ajit Mishra – SVP, Research, Religare Broking Ltd., said.
Economic Times

Vodafone Idea shares slip 2% ahead of Q2 results today - 10 days ago
Vodafone Idea's shares dipped ahead of its Q2 results, where the telco is expected to report narrowed losses and marginal revenue growth. Analysts predict a loss between Rs 6300-6400 crore and a 5% YoY revenue increase. ARPU is projected to improve, while subscriber count may decline.
Economic Times

Acme Solar Holdings shares list at 13% discount over ipo priceNuvama Wealth Management Share Price - 10 days ago
Acme Solar Share Price: Acme Solar Holdings made its market debut with its shares listing at a discount on the NSE and a discount on the BSE. Despite a positive market response and strong financial performance, analysts remain cautious, citing concerns over the company's high debt-to-equity ratio.
Economic Times

Sensex drops 500 pts after rising inflation dampens rate cut hopes, Nifty below 23,800Geojit Financial Services Share Price - 10 days ago
Indian indices opened lower as October retail inflation raised concerns over potential RBI rate cuts, amidst weak earnings and foreign outflows.
Economic Times

Macquarie flags challenges for Swiggy, initiates 'Underperform' rating with Rs 325 target priceZomato Share Price - 10 days ago
Macquarie initiates an 'Underperform' rating on Swiggy, giving it a target price of Rs 325. They believe that while Swiggy has growth potential, profitability remains a challenge, particularly in the quick commerce segment. Swiggy's IPO, meanwhile, saw a decent subscription rate and is set to debut on the stock exchange.
Economic Times

Hyundai Motor shares fall 5% after Q2 results. What brokerages sayEmkay Global Financial Services Share Price - 10 days ago
Hyundai Motor India Share Price: Hyundai India's shares tumbled over 5% after the company reported a 16% decline in Q2 profit, citing weak demand and high discounts. Despite the challenging market conditions, several brokerages remain optimistic about Hyundai's long-term growth prospects, driven by its SUV lineup and export opportunities.
Economic Times

BSE shares tumble over 3% even as Q2 profit skyrockets 193% YoY to Rs 346 crore - 10 days ago
BSE's share price dropped 3.5% despite a 193% surge in Q2 net profit, reaching Rs 346 crore. Revenue also saw a significant rise of 138%, hitting Rs 746.3 crore. While analysts acknowledge the strong performance driven by derivatives and increased market share, some remain cautious, suggesting a 'Hold' rating for the stock.
Economic Times

Hot stocks: Brokerage view on Zomato, Swiggy, NTPC and Ramco CementsZomato Share Price - 10 days ago
Brokerage firm Macquarie has placed an underperform rating on Zomato, signaling caution on the stock. In contrast, Citi has upgraded Ramco Cements to a "Buy" rating, reflecting optimism about the company's prospects.
Economic Times

Sensex drops 100 pts after rising inflation dampens rate cut hopes, Nifty below 23,850Geojit Financial Services Share Price - 10 days ago
Indian indices opened lower as October retail inflation raised concerns over potential RBI rate cuts, amidst weak earnings and foreign outflows.
Economic Times

Samvardhana Motherson shares fall 3% despite reporting 222% YoY rise in Q2 profit - 10 days ago
Samvardhana Motherson International saw a significant increase in net profit for the second quarter of the financial year 2025. The company's net profit rose by 222.5% year-on-year. Revenue from operations also experienced a nearly 19% increase. Despite this positive financial performance, the company's shares fell by 3.3% in early trading.
Economic Times

Macquarie initiates coverage on power stocks: NTPC, PFC, REC, and Power Grid could give 18-30% returnREC Share Price - 10 days ago
Macquarie initiates coverage on India's power sector giants, expressing optimism for NTPC, PFC, REC, and Power Grid. The brokerage cites their roles in energy security, renewable transition, and power financing as key growth drivers, assigning "Outperform" ratings and predicting significant upside potential for each company.
Economic Times

Stock Radar: 150% rally in 1 year! This aluminium stock hits fresh record high in November; time to buy?National Aluminium Company Share Price - 10 days ago
The aluminium company's stock price surged from Rs 91 on November 10, 2023, to Rs 232 on November 11, 2024, marking an increase of over 150% in a year. The stock has been trending upward since retesting its 200-day EMA in August 2024, with the 21-DMA providing strong support since September. Most technical indicators are showing bullish signals, suggesting continued momentum.
Economic Times

Nykaa shares rally 6% after strong Q2 profit, revenue growthFSN E-Commerce Ventures Share Price - 10 days ago
Nykaa's shares surged by 5.7% after the company announced a 66% jump in Q2 profits, reaching Rs 13 crore. This growth was fueled by a 24% rise in revenue, reaching Rs 1875 crore, driven by strong performance in its beauty and fashion segments and expanding retail network.
Economic Times

Sensex drops 100 pts after rising inflation dampens rate cut hopes, Nifty below 23,850Tata Steel Share Price - 10 days ago
Indian indices opened lower as October retail inflation raised concerns over potential RBI rate cuts, amidst weak earnings and foreign outflows.
Economic Times

Macquarie flags challenges for Swiggy, initiates 'Underperform' rating ahead of listingZomato Share Price - 10 days ago
Macquarie has given Swiggy an "Underperform" rating ahead of its IPO, predicting a potential 17% decrease from its issue price. Despite a promising future, Swiggy's path to profitability is difficult, particularly in the quick commerce market. Swiggy's IPO received a respectable subscription rate, and its shares are expected to debut on the market soon.
Economic Times

Acme Solar Holdings shares to list on exchanges today. What to expect?Nuvama Wealth Management Share Price - 10 days ago
Acme Solar Holdings made its stock market debut today, with shares trading at a discount in the grey market. Despite recent growth and profitability, analysts are cautious due to the company's high debt levels. The IPO received a decent response from investors, aiming to raise funds for debt repayment and general corporate purposes.
Economic Times

LTIMindtree among 3 stocks showing RSI Trending Up - 10 days ago
On November 12, three stocks from the Nifty200 pack appeared in the RSI Trending Up scan, according to the stockedge.com data. It is an uptrend signal if the RSI value has crossed above 50 from below. "RSI trending up" means that the Relative Strength Index (RSI) values are increasing, suggesting strengthening momentum in the price of the stock. This can indicate potential upward movement and may be used by traders to identify buying opportunities.
Economic Times

Stocks to buy or sell today: RIL, Indian Hotels among top 6 trading ideas for 13 November 2024 - 10 days ago
Indian markets are likely to consolidate on Wednesday, influenced by mixed global cues. The India VIX, a gauge of market volatility, rose by 2.40% to close at 14.60 on Tuesday, signaling increased uncertainty.
Economic Times

BSE shares in focus after Q2 profit skyrockets 193% YoY to Rs 346 crore - 10 days ago
Shares of leading exchange BSE will be in focus on Wednesday after the company reported a 193% year-on-year growth in consolidated net profit, reaching Rs 346 crore for Q2, up from Rs 118 crore in the same period last year.
Economic Times

Hot stocks: Brokerage view on Zomato, Swiggy, NTPC and Ramco CementZomato Share Price - 10 days ago
Brokerage firm Macquarie has placed an underperform rating on Zomato, signaling caution on the stock. In contrast, Citi has upgraded Ramco Cement to a "Buy" rating, reflecting optimism about the company's prospects.
Economic Times

Nykaa shares in focus after strong Q2 profit, revenue growthFSN E-Commerce Ventures Share Price - 10 days ago
Nykaa's parent company, FSN E-Commerce Ventures, posted impressive second-quarter results, with net profit soaring 66% to Rs 13 crore. This growth was fueled by a 24% rise in revenue, reaching Rs 1875 crore, driven by strong performance in its beauty and fashion segments.
Economic Times

Acme Solar Holdings to list on exchanges today. What to expect?Nuvama Wealth Management Share Price - 10 days ago
Acme Solar Holdings made its stock market debut today, with shares trading at a discount in the grey market. Despite recent growth and profitability, analysts are cautious due to the company's high debt levels. The IPO received a decent response from investors, aiming to raise funds for debt repayment and general corporate purposes.
Economic Times

Page Industries’ ex-date for Rs 250 dividend tomorrow. Last date to buyPage Industries Share Price - 10 days ago
Page Industries announced a second interim dividend. The dividend payout is Rs 250 per share. November 14 was the ex-date for the dividend. The record date for the dividend was November 16. The company will pay the dividend on or before December 6. Page Industries' shares have performed well in the last year.
Economic Times

OIL, Power Grid, CONCOR to trade ex-dividend tomorrow. Do you own?Power Grid Corporation of India Share Price - 10 days ago
Oil India, Power Grid, and Container Corporation set November 14 as the record date for dividend eligibility. Investors had until today to buy shares and qualify for the announced payouts, with dividends to be paid by early December.
Economic Times

Vodafone Idea shares in focus ahead of Q2 results today - 10 days ago
Vodafone Idea is set to announce its second-quarter results, with analysts predicting a narrowing of consolidated losses and marginal revenue growth. The telco's losses are estimated to be between Rs 6300-6400 crore, while revenues are projected to rise by 5% year-on-year. Improved ARPU and tariff hikes are expected to offset subscriber decline.
Economic Times

JTL Industries among 3 stocks to trade ex-split tomorrow. Do you own?JTL Industries Share Price - 10 days ago
Contil India, JostS Engineering Company, and JTL Industries have set November 14 as the ex-date for their stock splits. Investors have until today to buy shares and qualify for the splits. Contil India will split its shares from Rs 10 to Rs 2 per share.
Economic Times

Multibagger smallcap stock to trade ex-bonus tomorrow. Check details - 10 days ago
Worth Investment & Trading, a multibagger smallcap stock, set November 14th as the record date for a 3:2 bonus share issuance. This marks the company's first-ever bonus share distribution. Investors had until Tuesday to buy shares and qualify for the bonus, which doesn't impact overall investment value but increases share count.
Economic Times