By Vikram Patel With the new year just around the corner, it becomes vital to foresee the trends that will shape the healthcare industry, considering how technology has already revolutionized this landscape to a large extent. With this in mind, it is crucial to note that the upcoming year can mark the onset of a […]
Rating: add | NMDC: Optimistic outlook for FY25
NMDC’s Q2FY24 EBITDA fell short of our expectations, primarily driven by lower realisations attributed to the increased volume contribution from Karnataka. Despite strong demand, alleviation of evacuation constraints resulted in a 25% y-o-y volume growth in in the first seven months of fiscal year 2024 (7MFY24). Consequently, we are revising our vo
Markets show signs of rebound as PSU banks surge and Nifty edges upward
By Anand James Nifty PSU Bank index’s 4% jump on Friday appears to have jump started a recovery in the broad market. The sharp rise in PSU bank index comes after a prolonged sell off that had begun even before Nifty cracked. The PSU banks constituents in the bank nifty has also helped the index […]
Key IPOs to watch this week: Companies collectively aim to raise over Rs 7,300 crore
Six companies are set to make a splash on Dalal Street, collectively aiming to raise over Rs 7,300 crore through initial public offerings (IPOs). Among these, Tata Technologies and Indian Renewable Energy Development Agency (IREDA) stand out as major contenders. Here are the six upcoming IPOs for this week. Tata Technologies IPO The much-anticipate
Closing Bell: Indian Indices ended Samvat 2079’s last session in green: Nifty closed above 19,400, Sensex over 64,900
The benchmark equity indices ended Friday’s trading session in the positive territory. The NSE Nifty 50 gained 30.05 points or 0.15% to settle at 19,425.35, while the BSE Sensex jumped 72.48 points or 0.11% to 64,904.68. Bank Nifty index gained 136.50 points or 0.31% to settle at 43,820.10. The broader indices ended largely in positive […]
Bajaj Auto shares hit 52-week high; jumps over 66% YTD; What’s driving the stock?
Bajaj Auto stock has been on a ride over the past one year, offering more than 66% returns to investors year to date. The share price rose 0.70% to hit a fresh 52-week high of Rs 5,971.95 intra-day Tuesday. It advanced 4.11% in the last 5 days, 11.75% in the last one month and a […]
Gunfire erupts at a Colorado mall on Christmas Eve; One dead, 3 hurt
A man was fatally shot and three people were hurt as gunfire rang out at a shopping center in Colorado on Christmas Eve, police said Sunday. A fight broke out between two groups of people in the afternoon at the Citadel Mall in Colorado Springs and officers received a report of gunshots and responded, the […]
HUL’s volume growth may remain tepid in Q3: Nomura
Hindustan Unilever (HUL), the country’s largest consumer goods company, may see a muted volume growth in the October-December period, as festive demand remained weak, brokerage Nomura said on Thursday. The company would also see a pressure on its gross profit margins from higher cost of commodities as it has refrained from taking new prices in [&he
JB Pharma’s Q2 results propel stock to 52-week high; Should you buy, hold or sell the stock?
JB Chemicals &Pharmaceuticals’ shares soared over 5% to hit a fresh 52-week high of Rs 1,536.25 a day after the company posted a 36% surge in profit after tax at Rs 151 crore in the second quarter of FY25 compared to Rs 111 crore in Q2FY23. The company’s revenue in the quarter under review stood […]
What is the best time to take Vitamin D? Here’s your ultimate guide to supplement consumption certified by health experts
An essential winter routine is soaking up sunlight to get vitamin D, which plays a pivotal role in maintaining optimal health and well-being. Deficiency of Vitamin D is quite common resulting in weak bone health. People often consume supplements to meet the requirements of the vitamins in the body. While it is important to soak […]