Adani Enterprises shares: Thanks to a robust 12 percent surge in Adani Enterprises Ltd shares over the past month, the flagship company of the Adani group has completely recovered from the losses incurred following the critical report by Hindenburg Research on January 24, 2023. On Friday, Adani Enterprises rose by 1.91 percent, reaching a peak…
Mamaearth parent’s stock: A day after the skincare company reported its highest-ever quarterly net profit for the January–March quarter of FY24, Honasa Consumer, the discern organization of Mamaearth, noticed a 7% boom in its stocks throughout early buying and selling on May 24. Honasa Consumer’s stocks have been buying and selling at the NSE at…
Vodafone Idea shares: In early Friday trading, Vodafone Idea shares increased by more than 6% following a stock upgrade from “Neutral” to “Buy” by international brokerage UBS. After first setting its target price at Rs 13.10, UBS increased it to Rs 18. Today’s morning session saw a 6.64% boom inside the telecom stock. The company’s…
Adani Enterprises stock: As part of the semi-annual rebalancing process for BSE indices, Adani Enterprises Ltd is anticipated to take the place of Wipro in the benchmark Sensex. This Friday, May 24, is probably when the official announcement will be made. And on June 21, there will be an adjustment. Any firm led by Gautam…
Go Digit shares: Go Digit General Insurance made a quiet beginning at the inventory exchanges on May 23, listed at Rs 286. That’s a 5.14% top class over the difficulty fee of Rs 272 Soon after the listing, the share price increased by 6% to trade 11 percent higher at Rs 301. The listing gains…
IndiGo Q4 earnings preview: With more passengers, InterGlobe Aviation Ltd. (IndiGo) is expected to achieve a robust year-over-year (YoY) increase in top and bottom-line growth. An annual expansion of margins is observed. Numbers in a sequential fashion are probably weak. Emkay Global predicted that net profit for the March quarter would increase by 110.90% year…
The Adani Group is embroiled in a new controversy, with the Organized Crime and Corruption Reporting Project (OCCRP) alleging that the company misrepresented low-quality coal as a much more expensive cleaner fuel in dealings with an Indian state power utility. The company faces additional charges, and a report published in the Financial Times on Wednesday…
Suzlon Energy shares: Suzlon Energy Ltd saw its shares reach the 5% upper price limit of Rs 46.23 in Wednesday’s trading session following the announcement of new orders. The renewable energy solutions provider, Suzlon Group, revealed today that it has secured orders for the development of 402 MW wind energy projects for Juniper Green Energy….
ICICI Bank: On May 22, after the bank distributed 6.5 lakh equity shares with a face value of Rs 2 each under the employee stock option plan (ESOP), shares of ICICI Bank declined more than 1% to Rs 1,108 per share. This private sector lender’s stock has increased by more than 11% so far this…
BHEL Q4 earnings: Despite Bharat Heavy Electricals Ltd (BHEL) announcing underwhelming March quarter results, characterized by minimal year-on-year revenue growth and a notable 400 basis points decrease in EBITDA margin due to increased provisioning, Nuvama Institutional Equities has significantly raised its target price for the stock by 51 percent. Their rationale behind this bullish move…
