Shares of Indigo Paints fell by 5.7% to a low of Rs 1,452.10 on the BSE during early trading today. This decline followed a block deal estimated at Rs 179.2 crore, representing 2.5% of the company’s equity, at Rs 1,493 per share. Reportedly, 1.2 crore shares were traded in the transaction, with Peak XV Partners … Read more
Retail investors, who are often ridiculed for buying at peak and selling in bear markets, played it smart this time. Suzlon Energy saw small investors book profits in the June quarter even as both the big boys – FIIs and mutual funds – bought. The shareholding of retail investors, who were early birds in the … Read more
Indian Railway Finance Corporation Share Price 193.65 03:59 PM | 31 Jul 2024 -1.82(-0.93%) One97 Communications Share Price 494.25 03:59 PM | 31 Jul 2024 -2.65(-0.54%) YES Bank Share Price 26.51 04:00 PM | 31 Jul 2024 0.81(3.12%) ITC Share Price 495.35 03:59 PM | 31 Jul 2024 5.46(1.12%) HDFC Bank Share Price 1615.75 03:59 … Read more
Shares of paint manufacturers gained Wednesday on news reports that some companies have raised product prices, but analysts warn these upsides will be short-lived as the sector faces pressure on profitability. Indigo Paints soared 10.7%, Asian Paints gained 3.3%, Kansai Nerolac rose 3.4% and Berger Paints moved up 2.5%. “The uptick in the paint stocks … Read more
A scurrilous story that was slowly fizzling out, has made a messy reappearance. An unhindered Wall Street player that thrives on blemishes of others and is seemingly answerable to no one, has cast aspersions on an overbearing regulator which is used to dealing with timid fund managers and brokers. The Adani story has moved beyond … Read more
Shares of companies such as PFC, REC Ltd and Adani Ports suffered the worst hit in today’s market mayhem which witnessed a massive selloff on the back of a poor showing by the Narendra Modi led NDA in the Lok Sabha elections, results for which were trickling in early in the day. PFC and REC … Read more
Higher-income consumers may be creating a frothy situation at Walmart. Even though affluent shoppers helped drive the retailer’s latest beat on quarterly results, former Walmart U.S. CEO Bill Simon warns they’ll be hard to keep. “The Walmart experience is better than it used to be, but it’s still not a premium experience. Walmart is built … Read more
Fundamental and technical analysis are the two widely acknowledged ways of stock investing. Investors belong to either of these two schools of thoughts. While fundamental analysis focuses on a company’s business operations and financial health, technical analysis focuses on price patterns and trends on a stock’s price chart. Within these two methods of analysis, numerous … Read more
Mumbai: Investors looking at seasonal investment themes could consider air conditioner manufacturers as the sweltering heat forecasts this summer are expected to boost sales. Shares of air conditioner companies have surged up to 15% in the first week of April and analysts see more room for upsides despite valuations being on the higher side. “The … Read more
