Suzlon Energy shares: Shares of Suzlon Energy Ltd hit an upper circuit during Thursday’s trading session. The multi-bagger stock once again surged past the Rs 50 mark in early trade and managed to remain above this level, even as it partially gave up its gains later in the session. Shares of Suzlon Energy were locked…
Suzlon Energy shares: Suzlon Energy Ltd shares grabbed attention in Tuesday’s trading session following a significant order win and the recent resignation of an Independent Director, who expressed concerns about corporate governance standards and transparency at the company. Despite this development, analysts have mostly upheld a ‘Buy’ rating on the stock, citing recent robust order…
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…
Canara Bank share price: Canara Bank’s Q4 results met expectations from the market. Despite a rise in the cost of funds, the net interest margin (NIM) for the quarter expanded slightly. This was attributed to the bank’s ongoing efforts to adjust its exposure to older, low-yielding corporate assets, either by renewing them at current rates…
ICICI Bank shares: Shares of ICICI Bank experienced a 3% increase during the trading session after the unveiling of its Q4FY24 results. Brokerages offered significant perspectives on the performance of this private bank. In short ICICI Bank’s shares jumped more than 3% following the announcement of its Q4 results. The bank revealed an 18.4% increase…
CDSL share price: CDSL shares opened at ₹1,718.55 per on NSE today. Here’s why it’s plummeting. The stock price of Central Depository Services (India) Ltd (CDSL) experienced a decline of more than 6% on March 27 following reports indicating that Standard Chartered Bank plans to divestits whole ownership through a block purchase of the business….
IIFL Finance: The stock prices of JM Financial experienced a notable decline of approximately 4 percent, while IIFL Finance saw a more significant plunge of 5.5 percent following the Reserve Bank of India’s announcement of a special audit for these two firms. By 12:40 pm, JM Financial was trading at Rs 72 on the BSE,…
JM Financial shares price fell more than 19% in early trade on Wednesday after the Reserve Bank of India (RBI) prohibited JM Financial Products Ltd from making loans against shares and debentures due to regulatory and governance issues. JM Financial shares slumped 19.29% to ₹77.10 on the BSE. JM Financial Products has also been forbidden…
Wipro, HCL Tech, TCS, Infosys, and TechM shares: Based on projections of significant deal-driven growth acceleration, the consensus 12-month forward profit growth forecast for the two IT companies stands at 11% at the moment. Over the previous 12 months, the average expectations for the earnings per share (EPS) of the top five IT companies—Tata Consultancy…
Hindalco: JM Financial stated that while there’s a considerable increase in capital expenditure (capex), it may lead to a decrease in the internal rate of return (IRR). However, they anticipate a positive impact on earnings trajectory, driven by plant commissioning, enhanced recycling efforts, and evenly distributed capex. Shares of Hindalco Industries Ltd dropped by 15…
