Market Wrap: Benchmark indices close on a mixed note while Broader indices close higher! Market Wrap: Benchmark indices close on a mixed note while Broader indices close higher! On July 4, foreign institutional investors (FII) purchased shares valued at Rs 2,134.33 crore, while domestic institutional investors (DII) offloaded shares valued at Rs 785.48 crore. Siddharth Mane / Wednesday, July 5, 2023 / Article rating: 4.2 On Wednesday, the GIFT Nifty is indicating steady opening for the benchmark indices, showing an increase of 19.50 points. The futures are currently at 19,513.
This automotive company enters in a partnership with Honda Motor to acquire 81 per cent stake in its subsidiary! This automotive company enters in a partnership with Honda Motor to acquire 81 per cent stake in its subsidiary! The acquisition offers numerous benefits, including a global partnership with Honda Motor, access to R&D capabilities, entry into the global sunroof market and synergies with existing operations. Siddharth Mane / Wednesday, July 5, 2023 / Article rating: 3.0 On Wednesday, shares of the company jumped by 7.91 per cent and traded at its 52-week high of Rs 92.30. Additionally, the scrip had a spurt in volume by more than 1.39 times.
This global biotech company receives tentative approval from US FDA! This global biotech company receives tentative approval from US FDA! The company is committed to research and development, allocating 7.9 per cent of its revenue to this area in FY23. Siddharth Mane / Tuesday, July 4, 2023 / Article rating: 3.9 The company has delivered returns of 41.8 per cent over the past year.
$64 billion HDFC merger deal but bankers get mere 0.0002 per cent in fees! $64 billion HDFC merger deal but bankers get mere 0.0002 per cent in fees! The merger valued at $64 billion, is generating minimal fees for the financial advisers, underscoring the challenges faced by investment bankers in India in terms of profitability. Siddharth Mane / Tuesday, July 4, 2023 / Article rating: 5.0 On Tuesday, shares of the company surged by 0.86 per cent to trade at Rs 1,734.40. Additionally, on Monday, the scrip traded at its 52-week high of Rs 1,757.80.
Market Wrap: Benchmark indices close on a higher note with Nifty PSU Bank among the top gainers! Market Wrap: Benchmark indices close on a higher note with Nifty PSU Bank among the top gainers! On July 3, foreign institutional investors (FII) purchased shares valued at Rs 1,995.92 crore, while domestic institutional investors (DII) offloaded shares valued at Rs 337.80 crore. Siddharth Mane / Tuesday, July 4, 2023 / Article rating: 5.0 The GIFT Nifty indicates a flat start for the benchmark indices on Tuesday. The futures stood at 19,439.
New avatar for financial dominance- IDFC to merge with IDFC First Bank! New avatar for financial dominance- IDFC to merge with IDFC First Bank! The company has delivered stellar returns of 127 per cent over the past year and whopping returns of 185 per cent over the past 3 years. Siddharth Mane / Tuesday, July 4, 2023 / Article rating: 4.6 Investors should keep a close eye on this trending stock.
This chemicals company signs a MoU with 3xper Innoventure Ltd, a technological collaboration for new age pharma molecules! This chemicals company signs a MoU with 3xper Innoventure Ltd, a technological collaboration for new age pharma molecules! The company has delivered returns of 63 per cent over the past year and returns of 102 per cent from the date of its listing in March 2021. Siddharth Mane / Monday, July 3, 2023 / Article rating: 3.9 A leading Indian company specializing in custom synthesis (CSM) and the manufacturing of specialty chemicals.
260 per cent returns in just 3 years; shares of this multibagger NBFC surge by 20 per cent reaching its upper circuit limit! 260 per cent returns in just 3 years; shares of this multibagger NBFC surge by 20 per cent reaching its upper circuit limit! The company has delivered returns of 36 per cent over the past 1 year and exceptional returns of 267 per cent in the past 3 years. Siddharth Mane / Monday, July 3, 2023 / Article rating: 4.1 On Monday, shares of the company surged by 19.59 per cent and reached its upper circuit of Rs 172.70.
Market Wrap: Benchmark indices conclude the session with a strong finish, reaching fresh all-time highs! Market Wrap: Benchmark indices conclude the session with a strong finish, reaching fresh all-time highs! On June 30, foreign institutional investors (FII) bought shares amounting to Rs 6,397.13 crore, while domestic institutional investors (DII) purchased shares worth Rs 1,197.64 crore. Siddharth Mane / Monday, July 3, 2023 / Article rating: 5.0 Monday's trading session is anticipated to begin with a flat start for the benchmark indices, as indicated by the Gift Nifty, with a modest gain of 15 points. The futures stood at a level of 19,360 points.
This multibagger electric equipment company gives 3,700 per cent returns in just 3 years! This multibagger electric equipment company gives 3,700 per cent returns in just 3 years! The company has delivered exceptional returns of 96 per cent over the past year and returns of 3,726 per cent over the past 3 years. Siddharth Mane / Wednesday, June 28, 2023 / Article rating: 4.6 The company has a ROCE of 61.2 per cent and a ROE of 54.4 per cent. Moreover, the company has a dividend payout ratio of 24 per cent.