Stocks News

Stock Market Stay Updates: Sensex, Nifty soar encourage into the inexperienced; TCS, LTIM, Wipro shine

Up up to now – July 18, 2024 at 04:40 PM.

Sensex, Nifty updates on 18 July 2024: The stock markets persevered their account-breaking shuffle on Thursday, with the Sensex surpassing 81,000 for the principle time and the Nifty reaching 24,800. The Sensex rose by 626.91 aspects to shut at 81,343.46, fuelled by buying in IT, oil & gasoline, and FMCG shares. IT stocks honest like TCS, Infosys, and Tech Mahindra, alongside side Reliance Industries, helped the index gain effectively from early lows. The Nifty moreover climbed 187.85 aspects to resolve at an all-time excessive of 24,800.85. Investor optimism in IT stocks grew following sturdy efficiency experiences and a weakening rupee, whereas hopes of a US Fed rate decrease boosted FII flows into Indian equities. TCS and Infosys were amongst the discontinue gainers, whereas Asian Paints, JSW Metal, NTPC, and Adani Ports were amongst the laggards. Total, the markets remained bullish, with both Nifty and Sensex buying and selling at lifetime excessive stages in the past four courses.

| Photo Credit: iStockphoto

tock Market on 18 July 2024 | Share Market Updates – Fetch right here your total updates connected to Sensex, Nifty, BSE, NSE, half prices and Indian stock markets.

ALL UPDATES

  • July 18, 2024 16:18

    Stock Ideas: Broker’s call: Polycab India (Aquire)

    Polycab India is a market chief in India’s ₹80,000 crore cables & wires (C&W) substitute in FY24 with a half of 25-26 per cent (Source: FY24 Annual Command). The tip five firms absorb presented a cumulative capex of ₹5,800 crore in C&W for the interval of the following three years, driven by infrastructure capex, a upward push in home manufacturing and exports. Administration earmarked ₹3,000 crore capex notion, alongside side FMEG, the excellent amongst chums.

  • July 18, 2024 16:17

    Forex Market updates: Rupee falls 6 paise to shut the least bit-time low of 83.64 against US buck

    Rupee depreciated 6 paise and settled at its all-time low of 83.64 (provisional) against the US buck on Thursday, because the energy of the American currency in the in a foreign country market and overnight surge in low oil prices weighed on investor sentiments.

    Forex traders put a query to the rupee to replace with a slight negative bias on sturdy US buck and outdated Asian as well to European currencies. The US buck reinforced, whereas the pound weakened amid disappointing labour market records from the UK.

  • July 18, 2024 15:55

    Stock market live news: Geojit Financial Companies’ Vinod Nair feedback on market efficiency

    Vinod Nair, Head of Compare, Geojit Financial Companies.

    “The frontline indices firmed up in the 2nd half, reaching contemporary highs driven by renewed buying in IT stocks. Investor optimism for the sector grew after sturdy efficiency experiences from the country’s main IT firms in the June quarter, coupled with a weakening rupee. On the opposite hand, the broader market lagged the precious indices as a result of excessive valuations and sectoral rotation, which is influenced by anticipated improvements in non-public consumption, specifically in rural areas.”

  • July 18, 2024 15:54

    Stock market live news: Zydus Lifesciences’ Jarod facility gets “Decent Motion Indicated” classification from USFDA

    Zydus Lifesciences has got USFDA document for the inspection conducted at its injectables manufacturing facility located at Jarod, advance Vadodara, Gujarat. The USFDA has sure that the inspection classification of this facility is “Decent Motion Indicated” (OAI).

  • July 18, 2024 15:46

    Stock Market Stay On the fresh time: Infosys experiences ₹6,374 crore receive profit for Q1, stock closes 2.20% better

    Infosys recorded its consolidated receive profit for the quarter ended June 2024 at ₹6,374 crore as against ₹5,945 crore in the corresponding quarter final year. 

    Stock closed 2.20% better on the NSE at ₹1,764.05.

  • July 18, 2024 15:44

    Nifty at the fresh time: Top gainers, losers at NSE at shut

    Top gainers on the NSE: 

    LTIMindtree (3.forty eight%), ONGC (2.ninety nine%), TCS (2.84%), Wipro (2.41%), Bajaj Finserv (2.39%) 

    Top losers: 

    Hero Motocorp (-1.49%), Coal India (-1.forty eight%), Asian Paints (-1.40%), Grasim (-1.25%), Bajaj Auto (-0.86%)

  • July 18, 2024 15:43

    Stock Market Stay news: Sonata Application completes merger of GAPbuster and GAPbuster Europe

    The merger of GAPbuster Little, UK, and GAPbuster Europe Little, UK, with Sonata Europe Little, UK, the wholly-owned subsidiary of Sonata Application Little has been completed.

  • July 18, 2024 15:36

    Stock market live news: Energy Mech Initiatives bags ₹209.50 crore articulate for operation and maintenance of 35.5 MW CPP at Hindustan Zinc

    Energy Mech Initiatives has got an articulate worth ₹209.50 Crore for operation and maintenance of 3X91.5 MW CPP at Hindustan Zinc Little, Chanderiya, Chittorgarh, for a interval of 4 years.

  • July 18, 2024 15:23

    Stock Market Stay On the fresh time: Pritika Auto appoints Harpreet Singh Nibber as Chairman & Managing Director

    Pritika Auto Industries Little has presented the appointment of Harpreet Singh Nibber as Chairman & Managing Director of the firm w.e.f. April 01, 2025 for a interval of three years.

  • July 18, 2024 15:12

    Stock market live news: LTI Mindtree stock jumps 3.37% on NSE following multi-million buck contract extension

    LTIMindtree has presented a multi-million buck contract extension with Absa Financial institution, a number one African monetary companies community.

    LTIMindtree stock surges 3.37% on the NSE, buying and selling at ₹5,750.

  • July 18, 2024 15:10

    Nifty On the fresh time: Top gainers, losers at 3 p.m.

    Top gainers on the NSE at 3 pm:

    LTIMindtree (3.26%), TCS (3.25%), Bajaj Finserv (2.52%), ONGC (2.45%), SBI Existence (2.33%)

    Top losers:

    Asian Paints (-1.forty eight%), Hero Motocorp (-1.41%), Coal India (-1.35%), Grasim (-1.24%), Bajaj Auto (-1.23%)

  • July 18, 2024 15:10

    Sensex On the fresh time: Come, decline ratio at 3 p.m.

    Stocks superior on BSE at 3 pm on July 18, 2024, were 1,379 against 2,508 stocks that declined; 96 stocks live unchanged. Total stocks traded were 3,983. The desire of stocks that recorded a 52-week excessive became 231, and these who hit a 52-week low became 24. 

    To boot, 279 stocks traded in upper circuit, whereas 288 hit the decrease circuit.

  • July 18, 2024 15:09

    Stock Market Stay On the fresh time: VL E-Governance & IT Solutions surges 5% on NSE after acquisition deal

    VL E-Governance & IT Solutions Little has entered correct into a binding term sheet with Edgewood Ventures LLC, USA, for acquisition of 26% fairness stake in HAL-Edgewood Technologies Non-public Little (HETL).

    VL E-Governance & IT Solutions stock surges 5% on the NSE, buying and selling at ₹86.55

  • July 18, 2024 14:43

    Stock Market Stay On the fresh time: TATA AIG partners with Mahindra Finance to enlarge insurance coverage distribution

    Tata AIG, a number one provider of unprecedented insurance coverage in India, has presented a strategic partnership with Mahindra Finance one of India’s main Non-Banking Finance Corporations. This collaboration objectives to beef up the distribution of TATA AIG’s non-existence insurance coverage products to Mahindra Finance’s broad customer community.

    Underneath this partnership, TATA AIG will offer a comprehensive vary of unprecedented insurance coverage products, alongside side motor, effectively being, deepest accident, and varied non-existence insurance coverage alternate choices to over 10 million possibilities of Mahindra Finance.

    Neelesh Garg, Managing Director & CEO at TATA AIG In vogue Insurance coverage Co. Ltd, acknowledged, “This collaboration with Mahindra Finance is a valuable switch in direction of making our insurance coverage products extra accessible. Basically based on a rare foundation of sturdy company governance and a sturdy worth system, we’re committed to providing customised alternate choices that cater to the many wants of our partners, ensuring comprehensive protection and monetary security.”

    Raul Rebello, Managing Director & CEO, Mahindra Finance, acknowledged, “We are ecstatic to enter correct into a strategic alliance with TATA AIG to produce insurance coverage alternate choices to our possibilities. It is miles a valuable step in our commitment to facilitate agile and atmosphere pleasant products powered with customized customer skills in direction of being a responsible monetary resolution accomplice to Emerging India”. The collaboration specializes in handing over customer-centric insurance coverage alternate choices geared toward addressing the many wants of folk and households across diversified regions. Mahindra Finance’s sturdy distribution community will support in facilitating seamless shipping of TATA AIG’s insurance coverage products, ensuring a trouble-free skills for the possibilities.

  • July 18, 2024 14:42

    Stock Market Stay On the fresh time: Nifty expected to prevail in 26,398 in the following twelve months: Prabhudas Lilladher

    Prabhudas Lilladher (PL), one of many most trusted monetary companies organisations in India, in its most up-to-date India Plot Command – The Champion’s Rally Continues, acknowledged that NIFTY is presently buying and selling at 18.5x 1-year forward EPS, which is at 3.6% cleave value to fifteen-year reasonable of 19.2x. Within the Disagreeable Case, PL values NIFTY at 3% cleave value to fifteen-year reasonable PE (18.6x) with March 26 EPS of 1,417 and arrives at a 12-month purpose of 26,398 (beforehand 25,816). Within the Bull Case, PL values NIFTY at 5% top class to fifteen-year reasonable PE 20x and arrives at a bull case purpose of 28,575 (beforehand 27,102). In Undergo case, Nifty can substitute at 10% cleave value to LPA with a purpose of 24,493 (beforehand 23,235).

    NIFTY has given a return of 4.3% in June 2024 as markets renowned the installation of the unique NDA government and India’s fetch in the T20 World Cup. At insist, the markets are consolidating and are in a beneficial design as a result of plenty of components:

    1) Monsoons absorb normalized, which is likely to tame inflation and boost rural put a query to

    2) Commodity prices are vary-plod with restricted seemingly for upward circulate in the advance term

    3) Rising hopes of hobby rate cuts later in the year

  • July 18, 2024 14:27

    Stock Market Stay news: LIC stock declines 1.45% on NSE

    LIC stock declines 1.45% on the NSE, buying and selling at ₹1,092.35. The corporate has entered correct into a tie-up with IDFC First Financial institution Ltd below company agency arrangement.

    IDFC First Financial institution stock trades at ₹77.85 on the NSE, down by 0.13%.

  • July 18, 2024 14:27

    Nifty On the fresh time: Foremost stocks that hit 52-week excessive

    Foremost stocks that hit a 52-week excessive on the NSE encompass:

    MTNL (20%), Proper Dial(18.57%), TCS (2.84%), Wipro (2.0%), ONGC (2.40%), Infosys (2.18%)

  • July 18, 2024 14:13

    Stock Market Stay News: BSE Sensex rises 639 aspects to 81,355; Nifty positive aspects 182 aspects to 24,795

    BSE Sensex increased by 639.23 pts or 0.Seventy nine% to replace at 81,355.78 as at 2.10 pm, and Nifty 50 became up by 181.70 pts or 0.74% to replace at 24,794.70.

  • July 18, 2024 14:10

    Stock Market Stay news: Havells Q1 receive profit at Rs 411 cr

    Havells India recorded its standalone receive profit for the quarter ended June 2024 at ₹411.18 crore as against ₹287.38 crore in the corresponding quarter final year.

  • July 18, 2024 14:09

    Stock Market Stay News: Navi MF launches Navi Nifty 500 Multicap 50:25:25 Index Fund

    Navi Mutual Fund (Navi MF) has presented the launch of the Navi Nifty 500 Multicap 50:25:25 Index Fund, index fund to discover the Nifty 500 Multicap 50:25:25 index. This fund repeatedly presents units at applicable NAV (Face Rate: ₹10/-). The New Fund Provide (NFO) opens on July 18, 2024, and closes on July 30, 2024.

  • July 18, 2024 14:09

    Stock Market live news: TATA AIG, Mahindra Finance tie-up 

    TATA AIG has presented partnership with Mahindra Finance. 

    Mahindra & Mahindra Financial stock trades at ₹295.25 on the NSE, down by 0.69%.

  • July 18, 2024 14:08

    Stock Market Stay News: Tata Energy Renewable Energy Ltd and NHPC Renewable Energy Ltd Ink MoU for Ambitious Photo voltaic Initiative for Authorities Structures

  • July 18, 2024 14:08

    Stock Market Stay On the fresh time: Motilal Oswal launches manufacturing fund NFO from July 19 to Aug 2

    Motilal Oswal Asset Administration Firm (MOAMC) at the fresh time presented the launch of its most up-to-date unique fund offer “Motilal Oswal Manufacturing Fund”. The unique thematic fund by MOAMC is an open-ended fairness scheme following manufacturing theme.

    Key Fund Puny print:

    NFO Duration: 19th July 2024 to 2nd August 2024

    Investment Intention: To live future capital appreciation by predominantly investing in fairness and fairness connected instruments of firms engaged in the manufacturing tell.

    Benchmark: Nifty India Manufacturing Total Return Index

  • July 18, 2024 13:45

    Stock market live news: Capitalmind Financial Companies launches ₹500 crore AIF – Capitalmind Opt out India One

    Capitalmind Financial Companies has presented the launch of “Capitalmind Opt out India One,” its first Different Investment Fund (AIF). This Category 3 AIF, designed as a prolonged-bias multi-factor fund, objectives to take ₹500 crore over the following twelve months. The fund is open to investors with a minimal funding of ₹1 Crore.

  • July 18, 2024 13:21

    Stock market live updates at the fresh time: BSE Sensex climbs 371.67 pts or 0.46% to replace at 81,088.22 as at 1.16 pm

  • July 18, 2024 13:20

    Stock market live updates at the fresh time: Rajendra Prasad Goyal, Director (Finance), NHPC, gets 3-month extension on further fee of Chairman and Managing Director

    The Energy Ministry has authorized extension of the further fee of the put up of Chairman and Managing Director, NHPC Ltd, given to Rajendra Prasad Goyal, Director (Finance), for three months effective June 1, 2024, until a fat-time incumbent is appointed, or until further orders, whichever is the earliest.

  • July 18, 2024 12:59

    Stock market live updates at the fresh time: Vi has launched unique put up-paid Worldwide roaming packs for three unique recede destinations – Kazakhstan, Uzbekistan, and Jordan

  • July 18, 2024 12:56

    Stock market live updates at the fresh time: Capitalmind launches its first AIF: Capitalmind Opt out India One, a prolonged-bias multi-factor fund focusing on ₹500 crore in twelve months
    l

    Capitalmind Financial Companies, an funding administration player, has launched “Capitalmind Opt out India One,” its first Different Investment Fund (AIF). This Category 3 AIF, designed as a prolonged-bias multi-factor fund, objectives to take ₹500 crores over the following twelve months. The fund is open to investors with a minimal funding of ₹1 Crore.

  • July 18, 2024 12:43

    Stock market live updates at the fresh time: Zensar Tech stock flat at ₹780.60 on NSE; its wholly-owned US arm in pact to invent membership hobby in BridgeView Existence Sciences, LLC

    Zensar Technologies stock trades flat at ₹780.60 on the NSE. Zensar Technologies Inc, USA, wholly-owned subsidiary, has entered correct into a definitive settlement for acquisition of 100% membership hobby in BridgeView Existence Sciences, LLC

  • July 18, 2024 12:25

    Stock market live updates at the fresh time: TIFIN, an AI and innovation platform for wealth, makes world debut with launch of TIFIN India

    TIFIN, a number one AI and innovation platform for wealth, makes its world debut with the launch of TIFIN India. The launch represents a milestone in TIFIN’s imaginative and prescient to take its skills in both insist-to-user (DTC) and substitute-to-substitute (B2B) AI for wealth functions to the enviornment market. 

    The Indian market is spellbinding in its seemingly for impact. Because it stands at the fresh time, the penetration of wealth administration in India is handiest 8% (when put next with 72% in the US and 44% in China). With a population of better than 1.4 billion folk, TIFIN expects over 500 million folk to gain admission to wealth and asset administration companies in the following 7 years. TIFIN India will be organised into two major verticals, MyFi, an AI assistant to support folk in direction of better wealth outcomes, and TIFIN India Venture, which is ready to invent AI native products for monetary companies firms

  • July 18, 2024 12:21

    Stock market live updates at the fresh time: LTIMindtree stock rose 1.59% on the NSE, buying and selling at ₹5,650.60 after Q1 FY25 outcomes

  • July 18, 2024 12:13

    Stock market live updates at the fresh time: Top gainers and losers on the NSE at 12.04 pm

    Top gainers: TCS (2.13%), LTIMindtree (1.62%), ONGC (1.27%), Bajaj Finserv (1.23%), Hindustan Unilever (0.81%)

    Top losers: Bajaj Auto (-3.46%), Hero Motocorp (-2.66%), Asian Paints (-2.03%), Coal India (-1.97%), Adani Enterprises (-1.42%)

  • July 18, 2024 12:12

    Stock market live updates at the fresh time: BSE snapshot at noon

    Of an total of 3,892 stocks traded on the BSE at 12.04 pm on July 18, 2024, 1,152 superior against 2,595 that declined; 145 stocks remained unchanged. While 204 stocks recorded a 52-week excessive, 23 hit a 52-week low. To boot, 205 stocks traded in the upper circuit, whereas 258 hit the decrease circuit.

  • July 18, 2024 11:59

    Stock market live updates at the fresh time: Vodafone Concept stock tanks 4.40% on the NSE, buying and selling at ₹16.06

  • July 18, 2024 11:58

    Stock market live updates at the fresh time: Top gainers amongst Nifty IT stocks: TCS (2.19%), LTIMindtree (2.12%), Coforge (1%)

  • July 18, 2024 11:57

    Stock market live updates at the fresh time: IREDA stock tanks 5.38% on NSE, buying and selling at ₹257.45. Board approves ₹20-crore fairness funding in 900 MW hydroelectric project in Nepal.

  • July 18, 2024 11:46

    Stock market live updates at the fresh time: KEC Worldwide stock rises 1.98% on NSE, buying and selling at ₹905.15 on receipt of labor orders worth ₹1,100 crore

  • July 18, 2024 11:45

    Stock market live updates at the fresh time: BSE Sensex falls 200.89 aspects or 0.25 % to replace at 80,515.66 as at 11.41 am.

  • July 18, 2024 11:45

    Stock market live updates at the fresh time: IndusInd Financial institution launches ‘Battle for Glory’ program in tie-up an Olympic coaching facility in Bellary; stock inches up on NSE

    IndusInd Financial institution launches ‘Battle for Glory’ program, a CSR initiative, a collaboration with the Encourage Institute of Sport (IIS), Olympic coaching facility headquartered in Vijayanagar, Bellary.

    IndusInd Financial institution stock inches up 0.51% on the NSE, buying and selling at ₹1,453.30

  • July 18, 2024 11:42

    Stock market live updates at the fresh time: Proper Dial stock rallies 18.22% on the BSE, buying and selling at ₹1,223.85

  • July 18, 2024 11:41

    Stock market live updates at the fresh time: Zee Enterprises stock plunges 8% on NSE, the board had authorized elevating funds by issuing 5% foreign currency convertible bonds

    Zee Enterprises stock plunges 8.28% on NSE, buying and selling at ₹142.65. The firm’s board had authorized elevating funds by issuing 5% foreign currency convertible bonds (FCCBs) as a lot as $239 million (₹1,997.22 crore) maturing in 10 years on a non-public placement foundation to proposed investors – Resonance Opportunities Fund, St. John’s Wood Fund, and Ebisu World Opportunities Fund. The FCCB field opened on July 16

  • July 18, 2024 11:39

    Stock market live updates at the fresh time: Nazara Technologies stock declined on NSE, two of its arm receive veil cause notices from tax division

    Nazara Technologies stock declined 1.91% on the NSE, buying and selling at ₹904.90. Two of its subsidiaries had got veil cause notices from the Director In form of GST Intelligence, Kolkata, for a proposed authorized responsibility of ₹845.72 crore and ₹274.21 crore, respectively.

  • July 18, 2024 11:36

    Stock market live updates at the fresh time: Zydus Lifesciences stock declines on NSE; firm had presented a non-unusual patent licensing settlement with Takeda

    Zydus Lifesciences stock declined 1.52% on the NSE, buying and selling at ₹1,166.85. Firm had presented a non-unusual patent licensing settlement with Takeda for ‘Vault®’ (Vonoprazan) in India”.

  • July 18, 2024 11:12

    Stock Market Stay News: Work articulate worth ₹59 cr secured by Bondada Engineering from KPI Inexperienced Energy; stock substitute flat

    Bondada Engineering has got an authorisation for placement of labor articulate from KPI Inexperienced Energy Little. Contract worth ₹59 crore.

    Bondada Engineering stock trades at ₹2,771 on the BSE, up 0.05%

  • July 18, 2024 11:11

    Stock Market Stay News: Lloyds Metals achieves account quarterly iron ore manufacturing; stock up 1.09%

    Lloyds Metals and Energy has reported its most reasonable-quarterly iron ore manufacturing, reaching 4 million tonnes, marking a 6% year-on-year (YoY) lengthen and a 162% quarter-on-quarter (QoQ) upward push. 

    Lloyds Metals And Energy stock rose 1.09% on the NSE, buying and selling at ₹741.80.

  • July 18, 2024 11:10

    Stock Market Stay News: Tata Energy Renewable indicators MoU for rooftop characterize voltaic initiatives; stock declines 1.20%

    Tata Energy Renewable Energy Little (TPREL), a subsidiary of The Tata Energy Firm Little, has signed a Memorandum of Concept (MoU) with NHPC Renewable Energy Little (NHPC-REL) to spearhead the installation of Rooftop Photo voltaic Initiatives (RTS Initiatives) across government constructions of Central Ministries, States, and Union Territories.

    Tata Energy Firm stock declines 1.20% on the NSE, buying and selling at ₹431.65.

  • July 18, 2024 10:Fifty three

    Sensex at the fresh time: Top gainers, losers at 10.45 a.m.

    Top gainers on the BSE at 10.45 am:

    Proper Dial (16.88%), ESAB India (7.26%), Kirloskar Brothers (6.74%), TCI (6.72%), TTML (6.36%)

    Top losers:

    ZEEL (-7.69%), CE Data Programs (-6.82%), Elecon (-6.Seventy nine%), Joyful Ingrevia (-5.56%), CG Energy (-5.45%)

  • July 18, 2024 10:Fifty three

    Stock Market Stay News: Records Patterns secures contract with DRDO, stock declines by 2.89%

    Records Patterns (India) Little has clarified that it has signed the contract with Defence Compare and Trend Organisation (“DRDO”), with a contract worth of ₹10 Crore, and is yet to receive the counter-signed contract from DRDO.

    Records Patterns stock declines 2.89% on the NSE, buying and selling at ₹3,208.95.

  • July 18, 2024 10:52

    Stock market live news: BASF SE publicizes settlement to sell flocculants substitute, BASF India stock trades down by 0.Fifty three%

    BASF SE, Germany (Final Keeping Firm of BASF India Ltd) that globally BASF has signed an settlement with Solenis, a world producer of uniqueness chemicals headquartered in Wilmington, Delaware, to sell BASF’s flocculants substitute for mining functions.

    BASF India stock trades at ₹5,602.05 on the NSE, down by 0.Fifty three%.

  • July 18, 2024 10:50

    Stock Market Stay News: Bartronics India continues expansion with Financial institution of India, stock rises 1.96%

    Bartronics India Little has presented its most up-to-date expansion force with one of many most valuable public sector banks – Financial institution of India.

    Bartronics India stock rises 1.96% on the NSE, buying and selling at ₹20.Seventy nine

  • July 18, 2024 10:forty eight

    Stock market live news: Greaves Electrical introduces electrical 3-wheeler PV at ₹3,66,999

    Greaves Electrical Mobility, thru its 3W subsidiary, has presented that its electrical 3-wheeler passenger automobile, Greaves Eltra Metropolis, is now in the market at ₹3,66,999.

    Greaves Cotton stock declines 1% on the NSE, buying and selling at ₹162.Seventy nine.

  • July 18, 2024 10:47

    Stock Market live updates: Nifty Prediction On the fresh time – July 18, 2024: Resistance ahead. Ride prolonged on a damage above it.

    Nifty 50 has recovered very effectively after opening with a huge gap-down. The index opened at 24543.80 and touched an intraday low of 24,515.10. From there it has risen encourage very effectively recovering your total loss. Nifty is presently buying and selling at 23,652, up 0.15 per cent. The advances/declines ratio is at 31:19. This is particular.

  • July 18, 2024 10:41

    Stock market live updates at the fresh time: ONGC stock rose 2.25% on NSE, buying and selling at ₹329.90 after commencing manufacturing at its coal mattress methane (CBM) block in Bokaro, Jharkhand.

  • July 18, 2024 10:40

    Stock market live updates at the fresh time:Asian Paints stock slides down by 0.66% on NSE, buying and selling at ₹2,954.90 after reporting 25% decline in receive profit for quarter ended June 2024

  • July 18, 2024 10:39

    Stock market live updates at the fresh time: Top losers amongst Nifty Financial institution stocks: Sobha (-2.41%), Prestige Estate (-2.31%), Lodha (-1.ninety nine%), Oberoi (-1.62%), DLF (-1.14%)

  • July 18, 2024 10:39

    Stock market live updates at the fresh time: Financial institution Nifty prediction at the fresh time – Jul 18, 2024: Expect the breakout earlier than buying

    Financial institution Nifty opened at the fresh time’s session decrease at 52,215 versus the outdated day’s shut of 52,397. However the index recovered and is now hovering around 52,625, up 0.4 per cent. Read extra

  • July 18, 2024 10:23

    Stock market live updates at the fresh time: BSE Sensex rises by 149.42 aspects or 0.19% to replace at 80,865.97 as at 10.15 am.

  • July 18, 2024 10:22

    Stock market live updates at the fresh time: In Q1, Hi-Tech Pipes entire gross sales volume rose to 1,22,155 MT from 84,489 MT in the an analogous interval final year.; stock surges 3.64% on NSE, buying and selling at ₹154.19

  • July 18, 2024 10:20

    Stock market live updates at the fresh time; Bajaj Auto – Q1 FY25 Results by Arun Agarwal, VP-Foremost Compare, Kotak Securities

    Income grew by ~16% Y-o-Y supported by volume improve, better reasonable selling tag (ASP) and fascinating lengthen in varied working profits. ASP improved Y-o-Y, both in home and export market. Diversified working profits improve became on myth of accrual of PLI. Sinful profit and EBITDA per automobile improved yoy and qoq in Q1FY25. Domestic two-wheeler substitute volumes is anticipated to secret agent 7-8% CAGR over FY24-27E. Total, the firm reported wholesome yoy improve in income and dealing profit for the interval of the quarter.

  • July 18, 2024 10:19

    Stock market live updates at the fresh time: Earnings Preview: Solid improve in retail, Jio to offset RIL’s outdated refining margins in Q1

    Reliance Industries is anticipated to document a 3.3 per cent annual upward push in receive profit in the June quarter and 11.4 per cent upward push in income driven by its user going thru firms, whereas its dominant oil and refining substitute will be exerting a downward force on its efficiency. Read extra

  • July 18, 2024 10:16

    Stock market live updates at the fresh time: Aurobindo Pharma board authorized buyback scheme

    The board of Aurobindo Pharma on Thursday authorized the buyback of 51.37 lakh shares at a tag of ₹1,460 per half, representing a top class of 6.4% over Tuesday’s closing tag. It has as fastened July 30 because the account date for the ₹750-crore half buyback scheme thru the mushy offer route

  • July 18, 2024 09:forty eight

    Stock market live updates at the fresh time: ITI Ltd to take part in Strategic Electronics Summit

    ITI Ltd to take part in thirteenth edition of Strategic Electronics Summit 2024 (SES 2024), organised by Digital Industries Association of India (ELCINA), scheduled to be held from 17-18 July 2024 at The Lalit Ashok Hotel, Bengaluru.

  • July 18, 2024 09:46

    Stock market live updates at the fresh time: Advait Infratech bags ₹35.07 crore PGCIL articulate for EPC Work of OPGW Stay Line Set up in Ladakh; tock surges 5% on BSE, buying and selling at ₹2,257.9

  • July 18, 2024 09:35

    Stock market live updates: Top gainers and losers on the NSE at 9.30 am

    Top gainers: LTIMindtree (3.03%), ONGC (2.01%), Grasim (0.42%), Apollo Hospitals (0.34%), Infosys (0.33%)

    Top losers: Bajaj Auto (-3.14%), Asian Paints (-1.93%), Eicher Motors (-1.68%), Hero Motocorp (-1.Fifty three%), Ultratech Cement (-1.17%)

  • July 18, 2024 09:22

    Stock market live updates at the fresh time: BSE Sensex declined by 146.8 aspects or 0.18% to replace at 80,569.75 as at 9.20 am, and Nifty 50 dropped by 59.10 aspects or 0.24% to replace at 24,553.90.

  • July 18, 2024 09:16

    Stock market live updates: Outrageous oil futures traded better

    Outrageous oil futures traded better on Thursday morning as there became a decline in the stock stage in the US for the week ending June 12. At 9.15 am on Thursday, September Brent oil futures were at $85.42, up by 0.40 per cent, and September low oil futures on WTI (West Texas Intermediate) were at $81.87, up by 0.Fifty three per cent. July low oil futures were buying and selling at ₹6956 on Multi Commodity Replace (MCX) for the interval of the initial hour of buying and selling on Thursday against the outdated shut of ₹6911, up by 0.65 per cent, and August futures were buying and selling at ₹6843 against the outdated shut of ₹6809, up by 0.50 per cent. Read extra

  • July 18, 2024 08:58

    Stock market live updates at the fresh time: Stocks that would possibly gape circulate at the fresh time: July 18, 2024

    FlixBus, a world chief in cheap and sustainable recede, which entered India earlier this year, has presented a strategic partnership with Paytm, the country’s main payments and monetary companies distribution firm. This collaboration objectives to revolutionise intercity bus recede in India, making FlixBus tickets in the market at once thru the Paytm app. The partnership simplifies gain admission to to intercity recede, enhancing comfort for Indian travellers and making avenue recede extra accessible. Read extra

  • July 18, 2024 08:57

    Stock market live updates at the fresh time: Brokerage ideas

    Jefferies on Asian Paints

    Underperform Call, Target Cleave encourage To Rs 2,100

    Co Started FY25 On Extinct Footing With Q1 Sharply Underneath Est On Income & Margins

    Mgmt Clarified That This Efficiency Has Nothing To Perform With Upward thrust In Competition

    Mgmt Clarified Greater Effect Used to be Due To A Mix Of Greater Raw Cloth Prices

    Greater Effect Used to be Due To Magnify In Team of workers/Opex To Enhance Service Ranges

    Multi-Quarter Low EBITDA Margin Translated Into A 20% YoY Decline In EBITDA

    JPMorgan on Asian Paints

    Neutral Call, Target Rs 2,800

    Q1 Earnings Omit On Extinct Margin Print & Tepid Income Hiss

    Unhappy Mix And Subdued Request Weigh On Income

    Effect Hikes, Rural To Abet Better Hiss Q2 Onwards

    Lower FY25-27 EPS By 3-5% By Further Lowering Margin Assumptions

    Marginal Tweak Down In Income Hiss

    GS on Asian Paints

    Neutral Call, Target Rs 2,750

    EBITDA Decline Of 20% YoY In Q1, Demonstrates Growing Headwinds

    Fascinating Hiss Slowdown, Administration Expects A Modest Restoration Forward

    EBITDA Margin Impacted By Magnify In Team of workers Prices And Promoting

    Impact Of Elevated Aggressive Depth Seemingly To Assemble Further Stress Going Forward

    CITI on Asian Paints

    Promote, TP decrease to Rs 2400 from Rs 2600

    Rev/EBITDA/PAT declined 2%/20%/25% (overlooked Citi estimates by 5%/18%/22%)

    Product/pricing mix became -10% 

    Administration reiterated guidance of 5-6% gap

    Cleave encourage FY25- 27E EPS est by 8-12%

    Nomura on Asian Paints

    Neutral, TP Rs 2850

    1Q25: Underneath estimates; volumes grew 7% y-y; gross sales / EBITDA declined 2% / 19% y-y as a result of decrease mix & better charges

    Nomura on LTIMindtree

    Cleave encourage Call, Target Rs 4,670

    Q1FY25 Saw Modest Beat At Topline, Omit At Margin

    Margin Enchancment In FY25 Now not likely

    Come-term Hiss Visibility Pushed By Short-cycle Initiatives From Purchasers

    Margin Restoration To Be Gradual, Foremost Enchancment Wants Fascinating Hiss Revival

    Jefferies on Gold Financiers

    Beginning Aquire Call On Muthoot Fin, Target Rs 2,200

    Beginning Aquire Call On Manappuram Fin, Target Rs 270

    Gold NBFCs Provide Leverage To Greater Gold Prices

    Gold NBFCs Will absorb to peaceful Assemble From Stabilising Competition & Diversification

    Stabilising Competition & Diversification Will absorb to peaceful Give a take to Stronger Loan Hiss Vs Previous 3 Yrs

    Loan Hiss Of 17-19% EPS CAGR (3-8% FY21-24) & 18%+ RoE Over FY24-27 For Muthoot & Manappuram

    Asset Quality Possibility In Gold Is Low

    RoEs Are Superior Vs Most NBFCs & Valuations Seem Cheap In This Context

    Prefer Muthoot Fin (Gold 82% Of AUM) On Better Gold Effect Leverage

    Nomura on Eicher Motors

    Cleave encourage Call, Target Rs 4,119

    Royal Enfield Guerrilla 450 Launched At A Beginning Effect Of `2.39 Lk

    Segment Above 400cc Has Now not Seen Noteworthy Magnify In Its Share Regardless of Bright Products

    Mediate Reason For No Upward thrust Would possibly maybe Be That Vast Portion Of Potentialities Utilize Bikes For Commuting

    These Bikes Are Now not Ideal Costly, But Extra Racy To Toddle In Traffic As They Tend To Heat Up

    Regardless of The Beginning, Perform Now not Request Noteworthy Enchancment In Total Hiss For Royal Enfield

    CLSA on Eicher Motors

    Underperform Call, Target Rs 4157

    Launched Guerrilla 450, Priced Between `2.39 Lk-2.54 Lk In India

    Bookings Own Commenced In India, With Test Rides & Retail Gross sales Scheduled To Beginning On Aug 1

    Royal Enfield Holds Mkt-main Effect In Top rate Bike Segment With 29.5% Market Share

    Royal Enfield Dominates >250cc Bike Segment With 88.3% Market Share In FY24

    Royal Enfield Is Shedding Market Share In The Segment As Opponents Proceed To Scale Up

    Preserve Underperform Call On Costly Valuations

    Macquarie on Bajaj Auto

    Neutral call, Target Rs 9,655

    Q1 PLI Accrual Drives Headline Sinful Margin Beat

    Extra than one Hiss Drivers Alongside with CNG Bike

    Hiss Drivers Consist of Growth Of E2W Portfolio With Beginning Of Much less Than `1 Lk Model

    Hiss Drivers Consist of Manufacturing Footprint In LATAM

    Ramp Of E3W Volumes & Distribution For EVs & Prem Bike Will absorb to peaceful Lend Hiss Give a take to

    UBS on Bajaj Auto

    Promote Call, Target Rs 6,250

    PLI Incentives & Spares Abet 20% Margin In Q1

    Mix Moderation Forward, Margin Tailwinds Within the encourage of

    Mediate Market Is Assigning 25x P/E To 3W Commercial

    Market Moreover Seems To Be Ignoring Muted Response To Triumph Moderating 3W Volumes

    Market Moreover Seems To Be Ignoring Slippage In 2W Mkt Sh Regardless of Beginning Of Extra than one Fashions

    JPM on L&T Fin (1st decrease)

    OW, TP Rs 185

    1Q PAT 4% earlier than JPMe driven by decrease than expected opex & provisions

    AUM improve at 13% y/y has now reached an inflection (vs decline to single digit improve over final 5 yrs)

    with retail segment forming predominant phase

    UBS on L&T Fin

    Aquire, TP Rs 230

    Proper asset quality with sturdy retail improve

    Hiss driven by MFI, 2W & dwelling loans

    Credit quality accurate

    Mediate persevered sturdy improve in retail assets & enhancing RoA will force re-ranking

  • July 18, 2024 08:56

    Stock market live updates: Procuring and selling Tweaks

    Effect Band commerce from 20% to 10%: Mukka Proteins.

    Ex/account Dividend: Amara Raja Energy & Mobility, Can Fin Homes, Arvind Trim Areas, Bliss GVS Pharma, Nelcast, Praj Industries, GPT Healthcare, Tanla Platforms, UTI Asset Administration, Thangamayil Jewellery, Newgen Application Technologies.

    Ex/account AGM: Tara Chand Infra Logistic Solutions, Amara Raja Energy & Mobility, Arvind SmartSpaces, Bliss GVS Pharma, Nelcast, Oracle Financial Companies Application, Praj Industries, GPT Healthcare, Thangamayil Jewellery, Newgen Application Technologies.

    Ex/account stock damage up: KPI Inexperienced Energy. 

    Moved out non permanent Framework: AGI Greenpac, Cosmo First, Dredging Corporation of India.

    Moved in non permanent Framework: Artemis Medicare Companies, Mukka Proteins.

  • July 18, 2024 08:55

    Stock market live updates at the fresh time: Asian Paints Ltd

    CMP Rs. 2974 | M Cap Rs. 285304 Cr | 52 W H/L 3568/2670

    (Nirmal Bang Retail Compare)

    Volumes came at 7% vs expectation of 8.2%, QoQ 9.3%, YoY 10%

    Result’s below expectations

    Income from Operations came at Rs. 8969.7 Cr (2.7% QoQ, -2.3% YoY) vs expectation of Rs. 9312.2 Cr, QoQ Rs. 8730.8 Cr, YoY Rs. 9182.3 Cr

    EBIDTA came at Rs. 1693.8 Cr (0.1% QoQ, -20.2% YoY) vs expectation of Rs. 1969.5 Cr, QoQ Rs. 1691.4 Cr, YoY Rs. 2121.3 Cr

    EBITDA Margin came at 18.9% vs expectation of 21.1%, QoQ 19.4%, YoY 23.1%

    Adj. PAT came at Rs. 1170 Cr vs expectation of Rs. 1411.6 Cr, QoQ Rs. 1256.7 Cr, YoY Rs. 1550.4 Cr

    Quarter EPS is Rs. 12.2

    Stock is buying and selling at P/E of Fifty three.4x FY25E EPS

  • July 18, 2024 08:54

    Stock market live updates at the fresh time: LTIMindtree Ltd

    CMP Rs. 5534 | M Cap Rs. 163792 Cr | 52 W H/L 6442/4130

    (Nirmal Bang Retail Compare)

    Revenues in CC QoQ came at 2.6% vs expectation of 1.6%, QoQ 0.7%, YoY 0.1%

    Result’s earlier than expectations

    Dollar income came at $ 1096.2 Mn,(2.5% QoQ, 3.5% YoY) vs expectation of $ 1085.5 Mn, QoQ $ 1069.4 Mn, YoY $ 1058.7 Mn

    Earn gross sales came at Rs. 9142.6 Cr (2.8% QoQ, 5.1% YoY) vs expectation of Rs. 9081.7 Cr, QoQ Rs. 8892.9 Cr, YoY Rs. 8702.1 Cr

    EBIT came at Rs. 1370.9 Cr (4.8% QoQ, -5.5% YoY) vs expectation of Rs. 1372.4 Cr, QoQ Rs. 1308.7 Cr, YoY Rs. 1450.8 Cr

    EBIT Margin came at 15% vs expectation of 15.1%, QoQ 14.7%, YoY 16.7%

    Adj. PAT came at Rs. 1133.8 Cr vs expectation of Rs. 1157.4 Cr, QoQ Rs. 1099.9 Cr, YoY Rs. 1151.5 Cr

    Quarter EPS is Rs. 38.3

    Stock is buying and selling at P/E of 28.3x FY26E EPS

  • July 18, 2024 08:Fifty three

    Stock market live updates at the fresh time: Stock Ruin up Dates

    ELECON ENGINEERING CO.LTD.

    Stock Ruin up From Rs.2/- to Rs.1/-

    Previous day Closing Effect – Rs. 1305.35

    Ex – Stock Ruin up 19 July 2024 (The next day)

    Closing day substitute for earlier than damage up On the fresh time

  • July 18, 2024 08:52

    Stock market live updates: Dividend Dates

    Ex-Dividend 19 July 2024 (The next day)

    Closing date for Cum-Dividend On the fresh time

    Abbott India Ltd.

    Dividend Per Share Rs.410

    Previous day Closing Effect – Rs. 28602.85

    Apcotex Industries Ltd.u0009u0009

    Dividend Per Share Rs.3.5u0009u0009

    Previous day Closing Effect – Rs. 449.55u0009u0009

    u0009u0009

    Arvind Ltd.u0009u0009

    Special Dividend Per Share Rs.1u0009u0009

    Dividend Per Share Rs.3.75u0009u0009

    Previous day Closing Effect – Rs. 384.3u0009u0009

    u0009u0009

    Bajaj Electricals Ltd.u0009u0009

    Dividend Per Share Rs.3

    Previous day Closing Effect – Rs. 1056.95

    Blue Giant name Ltd.

    Dividend Per Share Rs.7

    Previous day Closing Effect – Rs. 1736.15

    Bosch Ltd.

    Dividend Per Share Rs.170

    Previous day Closing Effect – Rs. 35102

    Chennai Petroleum Corporation Ltd.

    Dividend Per Share Rs.55

    Previous day Closing Effect – Rs. 1213.1

    Chennai Petroleum Corporation Ltd.

    Dividend Per Share Rs.55

    Previous day Closing Effect – Rs. 1213.1

    Cholamandalam Investment And Finance Firm Ltd

    Dividend Per Share Rs.0.7

    Previous day Closing Effect – Rs. 1410.3

    Cummins India Ltd

    Dividend Per Share Rs.20

    Previous day Closing Effect – Rs. 3869.25u0009u0009

    u0009u0009

    Dabur India Ltd.u0009u0009

    Dividend Per Share Rs.2.75u0009u0009

    Previous day Closing Effect – Rs. 640.8u0009u0009

    u0009u0009

    Delta Corp Ltd.u0009u0009

    Dividend Per Share Rs.1.25u0009u0009

    Previous day Closing Effect – Rs. 143.1u0009u0009

    u0009u0009

    Dhanuka Agritech Ltd.u0009u0009

    Dividend Per Share Rs.6u0009u0009

    Previous day Closing Effect – Rs. 1684.8u0009u0009

    u0009u0009

    Graphite India Ltd.u0009u0009

    Dividend Per Share Rs.11u0009u0009

    Previous day Closing Effect – Rs. 556.8u0009u0009

    u0009u0009

    Gujarat Containers Ltd.u0009u0009

    Dividend Per Share Rs.1.5u0009u0009

    Previous day Closing Effect – Rs. 175u0009u0009

    u0009u0009

    Hitech Corporation Ltdu0009u0009

    Dividend Per Share Rs.1u0009u0009

    Previous day Closing Effect – Rs. 249.5u0009u0009

    u0009u0009

    Icra Ltd.u0009u0009

    Dividend Per Share Rs.100u0009u0009

    Previous day Closing Effect – Rs. 6045.95u0009u0009

    u0009u0009

    Indian Hume Pipe Co.Ltd.u0009u0009

    Dividend Per Share Rs.1.5u0009u0009

    Previous day Closing Effect – Rs. 443.4u0009u0009

    u0009u0009

    Jsw Infrastructure Ltdu0009u0009

    Dividend Per Share Rs.0.55u0009u0009

    Previous day Closing Effect – Rs. 340.5u0009u0009

    u0009u0009

    Kotak Mahindra Financial institution Ltd.u0009u0009

    Dividend Per Share Rs.2u0009u0009

    Previous day Closing Effect – Rs. 1805.2u0009u0009

    u0009u0009

    Existence Insurance coverage Corporation Of Indiau0009u0009

    Dividend Per Share Rs.6u0009u0009

    Previous day Closing Effect – Rs. 1109.15u0009u0009

    u0009u0009

    Lloyds Engineering Works Ltdu0009u0009

    Dividend Per Share Rs.0.2u0009u0009

    Previous day Closing Effect – Rs. 81.8u0009u0009

    u0009u0009

    u0009u0009

    Laxmi Organic Industries Ltdu0009u0009

    Dividend Per Share Rs.0.6u0009u0009

    Previous day Closing Effect – Rs. 266.25u0009u0009

    u0009u0009

    Mangalam Cement Ltd.u0009u0009

    Dividend Per Share Rs.1.5u0009u0009

    Previous day Closing Effect – Rs. 902.9u0009u0009

    u0009u0009

    Pds Ltdu0009u0009

    Dividend Per Share Rs.3.15u0009u0009

    Previous day Closing Effect – Rs. 521.25u0009u0009

    u0009u0009

    Precision Camshafts Ltdu0009u0009

    Dividend Per Share Rs.1u0009u0009

    Previous day Closing Effect – Rs. 185.15u0009u0009

    u0009u0009

    R.S.Application India Ltd.u0009u0009

    Dividend Per Share Rs.0.25u0009u0009

    Previous day Closing Effect – Rs. 244.5u0009u0009

    u0009u0009

    Saint-Gobain Sekurit India Ltd.u0009u0009

    Dividend Per Share Rs.2u0009u0009

    Previous day Closing Effect – Rs. 140.1u0009u0009

    u0009u0009

    Shanthi Gears Ltd.u0009u0009

    Dividend Per Share Rs.2u0009u0009

    Previous day Closing Effect – Rs. 683.15u0009u0009

    u0009u0009

    Shree Digvijay Cement Co.Ltd.u0009u0009

    Dividend Per Share Rs.3u0009u0009

    Previous day Closing Effect – Rs. 115.1u0009u0009

    u0009u0009

    Sumitomo Chemical India Ltdu0009u0009

    Dividend Per Share Rs.0.9u0009u0009

    Previous day Closing Effect – Rs. 499.3u0009u0009

    u0009u0009

    Transport Corporation Of India Ltd.u0009u0009

    Dividend Per Share Rs.2u0009u0009

    Previous day Closing Effect – Rs. 935.75u0009u0009

    u0009u0009

    Tata Consultancy Companies Ltd.u0009u0009

    Dividend Per Share Rs.10u0009u0009

    Previous day Closing Effect – Rs. 4175.35u0009u0009

    u0009u0009

    Tech Mahindra Ltd.u0009u0009

    Dividend Per Share Rs.28u0009u0009

    Previous day Closing Effect – Rs. 1515.8u0009u0009

    u0009u0009

    Union Financial institution Of Indiau0009u0009

    Dividend Per Share Rs.3.6u0009u0009

    Previous day Closing Effect – Rs. 139.65u0009u0009

    u0009u0009

    Zensar Technologies Ltd.u0009u0009

    Dividend Per Share Rs.7u0009u0009

    Previous day Closing Effect – Rs. 778.85u0009u0009

    u0009u0009

    Zydus Wellness Ltd.u0009u0009

    Dividend Per Share Rs.5u0009u0009

    Previous day Closing Effect – Rs. 2141.95

  • July 18, 2024 08:25

    Stock market live updates: ICICI Securities on Asian Paints: Preserve Cleave encourage 

    We mannequin FY25E to be impacted by a slowdown in substitute improve charges after sturdy improve over FY21-H1FY24; lengthen in commodity prices after deflation in FY24; and steep aggressive pressures. Asian Paints will desire to construct a couple of tricky selections in FY25 to toughen either margins or market shares. While it wishes to take prices to pass on enter inflation, it moreover wishes to take ad-use and ft-on-avenue to force improve. Its pricing difference moreover cannot be materially better than unique competitors, as tall pricing gap also can honest result in market half loss. The firm moreover wants wholesome profitability in the ornamental substitute to fund the investments in its unique firms honest like Comely Homes/ Dwelling Décor. While launches at bottom-of-pyramid also can honest result in better volume improve, worth improve also can honest live muted, in our gape. We mannequin earnings decline in FY25E (first time after FY09) as well to impact on market shares. We reckon overjoyed aggressive equilibrium in paints is likely broken. Abet underweight on tall cap paints. Preserve REDUCE.

  • July 18, 2024 08:18

    Stock market live updates at the fresh time: Fund Properties Ideas 

    Jefferies on Manappuram: Beginning Aquire on Firm, purpose tag at Rs 270/Sh (Positive)

    Jefferies on Muthoot Fin: Beginning Aquire on Firm, purpose tag at Rs 2220/Sh (Positive)

    Nomura on Aadhar Fin: Beginning Aquire on Firm, purpose tag at Rs 550/Sh (Positive)

    Investec on Medi Encourage: Beginning Aquire on Firm, purpose tag at Rs 625/Sh (Positive)

    CLSA on DB Corp: Preserve Aquire on Firm, elevate purpose tag at Rs 450/Sh (Positive)

    Citi on L&T FH: Preserve Aquire on Firm, purpose tag at Rs 221/Sh (Positive)

    Nomura on Bajaj Auto: Preserve Aquire on Firm, elevate purpose tag at Rs 10926/Sh (Positive)

    GS on Eicher Motors: Preserve Aquire on Firm, elevate purpose tag at Rs 5400/Sh (Positive)

    Citi on Eicher Motors: Preserve Aquire on Firm, elevate purpose tag at Rs 5300/Sh (Positive)

    MOSL on Zen tech: Preserve Aquire on Firm, elevate purpose tag at Rs 1775/Sh (Positive)

    ICICI on Indusind Financial institution: Preserve Aquire on Firm, purpose tag at Rs 2000/Sh (Positive)

    CLSA on Bajaj Auto: Preserve Underperform on Firm, elevate purpose tag at Rs 7000/Sh (Neutral)

    Investec on LTI Mindtree: Preserve Promote on Firm, elevate purpose tag at Rs 5370/Sh (Neutral)

    Jefferies on LTI Mindtree: Preserve Underperform on Firm, elevate purpose tag at Rs 4920/Sh (Neutral)

    CLSA on Eicher Motors: Preserve Underperform on Firm, purpose tag at Rs 4157/Sh (Neutral)

    Nomura on Eicher Motors: Preserve Cleave encourage on Firm, purpose tag at Rs 4119/Sh (Neutral)

    MS on Eicher Motors: Preserve Underweight on Firm, purpose tag at Rs 3533/Sh (Neutral)

    CLSA on Zee Ent: Preserve Abet on Firm, purpose tag at Rs 150/Sh (Neutral)

    Citi on Hind Zinc: Preserve Promote on Firm, purpose tag at Rs 325/Sh (Neutral)

    UBS on Asian Paints: Preserve Aquire on Firm, decrease purpose tag to Rs 3650/Sh (Neutral)

    Morgan Stanley on Paints: “Aggressive depth amongst sellers stays excessive” (Destructive)

    GS on Asian Paints: Preserve Neutral on Firm, decrease purpose tag to Rs 2750/Sh (Destructive)

    JP Morgan on Asian Paints: Preserve Neutral on Firm, decrease purpose tag to Rs 2800/Sh (Destructive)

    Citi on Asian Paints: Preserve Promote on Firm, decrease purpose tag to Rs 2400/Sh (Destructive)

    Jefferies on Asian Paints: Preserve Underperform on Firm, decrease purpose tag to Rs 2100/Sh (Destructive)

  • July 18, 2024 08:17

    Stock market live updates: Financial Calendar – 18.07.2024

    [7:52 am, 18/7/2024] KS BadriNarayanan: Financial Calendar – 18.07.2024

    11:30 U.Ample. Claimant Depend Replace (Anticipated: 50.4K versus Previous: 50.4k)

    17:45 EURO ECB Financial Policy (Anticipated: 4.25% versus Previous: 4.25%)

    18:00 U.S. Unemployment Claims (Anticipated: 225K versus Previous: 222K)

    18:15 U.S. ECB Press Convention

    [7:56 am, 18/7/2024] KS BadriNarayanan: Fund Properties Ideas 

    Jefferies on Manappuram: Beginning Aquire on Firm, purpose tag at Rs 270/Sh (Positive)

    Jefferies on Muthoot Fin: Beginning Aquire on Firm, purpose tag at Rs 2220/Sh (Positive)

    Nomura on Aadhar Fin: Beginning Aquire on Firm, purpose tag at Rs 550/Sh (Positive)

    Investec on Medi Encourage: Beginning Aquire on Firm, purpose tag at Rs 625/Sh (Positive)

    CLSA on DB Corp: Preserve Aquire on Firm, elevate purpose tag at Rs 450/Sh (Positive)

    Citi on L&T FH: Preserve Aquire on Firm, purpose tag at Rs 221/Sh (Positive)

    Nomura on Bajaj Auto: Preserve Aquire on Firm, elevate purpose tag at Rs 10926/Sh (Positive)

    GS on Eicher Motors: Preserve Aquire on Firm, elevate purpose tag at Rs 5400/Sh (Positive)

    Citi on Eicher Motors: Preserve Aquire on Firm, elevate purpose tag at Rs 5300/Sh (Positive)

    MOSL on Zen tech: Preserve Aquire on Firm, elevate purpose tag at Rs 1775/Sh (Positive)

    ICICI on Indusind Financial institution: Preserve Aquire on Firm, purpose tag at Rs 2000/Sh (Positive)

    CLSA on Bajaj Auto: Preserve Underperform on Firm, elevate purpose tag at Rs 7000/Sh (Neutral)

    Investec on LTI Mindtree: Preserve Promote on Firm, elevate purpose tag at Rs 5370/Sh (Neutral)

    Jefferies on LTI Mindtree: Preserve Underperform on Firm, elevate purpose tag at Rs 4920/Sh (Neutral)

    CLSA on Eicher Motors: Preserve Underperform on Firm, purpose tag at Rs 4157/Sh (Neutral)

    Nomura on Eicher Motors: Preserve Cleave encourage on Firm, purpose tag at Rs 4119/Sh (Neutral)

    MS on Eicher Motors: Preserve Underweight on Firm, purpose tag at Rs 3533/Sh (Neutral)

    CLSA on Zee Ent: Preserve Abet on Firm, purpose tag at Rs 150/Sh (Neutral)

    Citi on Hind Zinc: Preserve Promote on Firm, purpose tag at Rs 325/Sh (Neutral)

    UBS on Asian Paints: Preserve Aquire on Firm, decrease purpose tag to Rs 3650/Sh (Neutral)

    Morgan Stanley on Paints: “Aggressive depth amongst sellers stays excessive” (Destructive)

    GS on Asian Paints: Preserve Neutral on Firm, decrease purpose tag to Rs 2750/Sh (Destructive)

    JP Morgan on Asian Paints: Preserve Neutral on Firm, decrease purpose tag to Rs 2800/Sh (Destructive)

    Citi on Asian Paints: Preserve Promote on Firm, decrease purpose tag to Rs 2400/Sh (Destructive)

    Jefferies on Asian Paints: Preserve Underperform on Firm, decrease purpose tag to Rs 2100/Sh (Destructive)

  • July 18, 2024 08:13

    Stock market live updates: Financial Calendar – 18.07.2024

    11:30 U.Ample. Claimant Depend Replace (Anticipated: 50.4K versus Previous: 50.4k)

    17:45 EURO ECB Financial Policy (Anticipated: 4.25% versus Previous: 4.25%)

    18:00 U.S. Unemployment Claims (Anticipated: 225K versus Previous: 222K)

    18:15 U.S. ECB Press Convention

  • July 18, 2024 08:13

    Stock market live updates at the fresh time: Foremost US listed stocks result calendar 18.07.2024

    Novartis AG (Pre market) (Sector- Healthcare)

    Abbott Laboratories (Pre market) (Sector- Healthcare)

    Marsh & McLennan Corporations, Inc. (Pre market) (Sector- Finance)

    Blackstone Inc. (Pre market) (Sector- Finance)

    Cintas Corporation (Pre market) (Sector- Miscellaneous)

    D.R. Horton, Inc. (Pre market) (Sector- Realty)

    M&T Financial institution Corporation (Pre market) (Sector- Finance)

    Nokia Corporation. (Pre market) (Sector- Skills)

    Textron Inc. (Pre market) (Sector- Defence)

    Domino’s Pizza Inc (Pre market) (Sector- FMCG)

    KeyCorp (Pre market) (Sector- Finance)

    Snap-On Incorporated (Pre market) (Sector- Miscellaneous)

    Taiwan Semiconductor Manufacturing Firm Ltd. (Put up market) (Sector- Skills) 

    Netflix, Inc. (Put up market) (Sector- Skills) 

    Intuitive Surgical, Inc. (Put up market) (Sector- Healthcare)

    PPG Industries, Inc. (Put up market) (Sector- Paints)

    MarketAxess Holdings, Inc. (TENT) (Sector- Finance)

  • July 18, 2024 08:12

    Stock market live updates at the fresh time: Securities in F&O ban for substitute date 18-July-2024  

    * BALRAMCHIN

    * CHAMBAL

    * GMRINFRA

    * GNFC

    * HINDCOPPER

    * PEL

    * RBLBANK

    * VEDANTA

  • July 18, 2024 08:11

    Stock market live updates at the fresh time: Researchbytes Analyst App

    https://play.google.com/store/apps/particulars?identification=com.intelegain.rb

    Convention call Replay in the market in Varied speeds !

    Researchbytes Events Replace

    As of 07:24 AM Thursday 18 July 2024

    Can design alert for them at www.researchbytes.com 

    11:00 AM L and T Finance Hol

    Dial: +91 22 6280 1486

    Weblink: https://tinyurl.com/mrxfujd3

    2:30 PM Vimta Labs

    (Results)

    Dial: +91 22 6280 1297

    Weblink: https://tinyurl.com/yn4dt3wu

    3:30 PM Newgen Application Technolog

    Dial: +91 22 6280 1283

    Weblink: https://tinyurl.com/43eaz8ju

    3:30 PM BMW Industries

    Dial: +91 22 6280 1466

    Weblink: https://tinyurl.com/4jm5bp6c

    4:00 PM Central Financial institution

    Weblink: https://tinyurl.com/2vuu4nrv

    4:00 PM Mastek

    Dial: +91 22 6280 1107

    Weblink: https://tinyurl.com/4ttnvm7z

    4:00 PM Elecon Eng

    (Results, Investor/Analyst Presentation, Press Free up )

    Dial: +91 22 6280 1317

    Weblink: https://tinyurl.com/h8seebnt

    4:15 PM Havells India

    Dial: +91226280 1366

    Weblink: https://tinyurl.com/yekwf2yf

    5:00 PM Premier Expl

    Dial: +91 22 6280 1256

    Weblink: https://tinyurl.com/4d7s7xjh

    5:30 PM JSW Infrastructure Ltd

    Dial: +91 22 6280 1144

    Weblink: https://tinyurl.com/4yen9ytf

    6:00 PM Tata Technologi

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    Asian Paints : (replay)

    https://www.researchbytes.com/webcast.aspx?WID=305277

    Bajaj Auto : (replay)

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    https://www.researchbytes.com/webcast.aspx?WID=305243

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    https://www.researchbytes.com/webcast.aspx?WID=305220

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    Results at the fresh time …

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  • July 18, 2024 07:46

    Stock market live updates at the fresh time: Markets to open flat amid outdated world cues

    Reward Nifty indicates yet any other flat opening for the home markets. Nifty futures at Reward Metropolis is ruling at 24,660 against the NSE worth of 24,644. Because the outcomes season has kicked in, the focus has now shifted to the monetary efficiency of the major firms. Read extra

  • July 18, 2024 07:25

    Stock market live updates: MNCL Compare: FIEM Industries: Inaugurates unique R&D centre cum liaison office in Japan to foray in unique applied sciences

    Mcap: Rs35.4bn; CMP: Rs1343; TP: Rs1580; Upside: 18%; Ranking: BUY

    What came about: Within the presence of senior officials from Honda Motor Co. Ltd. Japan, FIEM has inaugurated a brand unique R&D centre in Japan. This also can honest moreover be fully extinct to toughen its R&D prowess and add unique applied sciences in lighting, especially for EV and Self sufficient driving for both 2W and 4W OEMs.

    Our gape: 

    ~ We predict about that this R&D centre no longer handiest strengthens FIEM’s relatives with Honda nevertheless brings it remarkable closer to Honda’s skills skills in Japan. This is in a position to maybe expedite adoption of most up-to-date applied sciences at FIEM.

    ~ Within lightings, FIEM is engaged on a couple of unique products like ambient lighting, Laser booster headlamps, laser infrared night imaginative and prescient lamps, micro lens array skills which is ready to support them gain inroads in tall 4W OEM’s. The R&D centre in Japan and lately inaugurated centre in Pune (for 4W) will work dedicatedly on constructing these unique applied sciences.

    ~ We predict about that FIEM is at an inflection point of entering the 4W lighting substitute with a form of constructing a in point of fact sturdy technological backbone. This drives our excessive conviction bullish stance on FIEM. AT CMP, FIEM is buying and selling at dazzling valuations of 14x Jun’26E PE. Re-iterate BUY.

  • July 18, 2024 07:24

    Stock market live updates at the fresh time: Joyful Ingrevia Ltd

    CMP Rs. 585 | M Cap Rs. 9318 Cr | 52 W H/L 585/399

    (Nirmal Bang Retail Compare)

    Result improved

    Income from Operations came at Rs. 1024.3 Cr (-4.7% QoQ, -4.7% YoY) vs QoQ Rs. 1074.4 Cr, YoY Rs. 1075 Cr

    EBIDTA came at Rs. 109.5 Cr (20% QoQ, -6.1% YoY) vs QoQ Rs. 91.2 Cr, YoY Rs. 116.7 Cr

    EBITDA Margin came at 10.7% vs QoQ 8.5%, YoY 10.9%

    Adj. PAT came at Rs. 47.7 Cr vs QoQ Rs. 29.3 Cr, YoY Rs. 57.6 Cr

    Quarter EPS is Rs. 3

    Stock is buying and selling at P/E of 29.1x FY25E EPS

  • July 18, 2024 07:23

    Stock market live updates at the fresh time: Century Textiles & Industries Ltd

    CMP Rs. 2151 | M Cap Rs. 24026 Cr | 52 W H/L 2420/884

    (Nirmal Bang Retail Compare)

    New Reserving came at rs.262cr in Q1FY25 vs QoQ Rs.2881cr YoY Rs.207cr

    Paper Commercial live flat QoQ 

    Result declining

    Income from Operations came at Rs. 1149.2 Cr (-31.8% QoQ, 2.9% YoY) vs QoQ Rs. 1685.9 Cr, YoY Rs. 1117.3 Cr

    EBIDTA came at Rs. 106.5 Cr (-60.3% QoQ, -15.7% YoY) vs QoQ Rs. 268.2 Cr, YoY Rs. 126.3 Cr

    EBITDA Margin came at 9.3% vs QoQ 15.9%, YoY 11.3%

    Adj. PAT came at Rs. 7.8 Cr vs QoQ Rs. 3.8 Cr, YoY Rs. 58.5 Cr

    Quarter EPS is Rs. 0.7

    Stock is buying and selling at P/E of 55.5x FY25E EPS

  • July 18, 2024 07:23

    Stock market live updates at the fresh time: Himadri Speciality Chemical Ltd

    CMP Rs. 435 | M Cap Rs. 21433 Cr | 52 W H/L 440/126

    (Nirmal Bang Retail Compare)

    Result improved

    Income from Operations came at Rs. 1200.4 Cr (2% QoQ, 26.2% YoY) vs QoQ Rs. 1177 Cr, YoY Rs. 950.9 Cr

    EBIDTA came at Rs. 191.9 Cr (6.9% QoQ, 43.2% YoY) vs QoQ Rs. 179.5 Cr, YoY Rs. 134 Cr

    EBITDA Margin came at 16% vs QoQ 15.3%, YoY 14.1%

    Adj. PAT came at Rs. 122.6 Cr vs QoQ Rs. 115.2 Cr, YoY Rs. 86.2 Cr

    Quarter EPS is Rs. 2.5

    Stock is buying and selling at P/E of 47.9x TTM EPS

  • July 18, 2024 07:22

    Stock market live updates: D.B. Corp Ltd.

    CMP Rs. 378 | M Cap Rs. 6726 Cr | 52 W H/L 400/182

    (Nirmal Bang Retail Compare)

    Result improved

    Income from Operations came at Rs. 589.9 Cr (-4.4% QoQ, 6.4% YoY) vs QoQ Rs. 617.1 Cr, YoY Rs. 554.2 Cr

    EBIDTA came at Rs. 164.5 Cr (-4.4% QoQ, 41.2% YoY) vs QoQ Rs. 172.1 Cr, YoY Rs. 116.5 Cr

    EBITDA Margin came at 27.9% vs QoQ 27.9%, YoY 21%

    Adj. PAT came at Rs. 117.9 Cr vs QoQ Rs. 122.5 Cr, YoY Rs. 78.8 Cr

    Quarter EPS is Rs. 6.6

    Stock is buying and selling at P/E of 14.3x FY25E EPS

  • July 18, 2024 07:22

    Stock market live updates at the fresh time: CRISIL Ltd

    CMP Rs. 4516 | M Cap Rs. 33022 Cr | 52 W H/L 5269/3661

    (Nirmal Bang Retail Compare)

    Result passable

    Income from Operations came at Rs. 797.4 Cr (8.1% QoQ, 3.4% YoY) vs QoQ Rs. 737.7 Cr, YoY Rs. 771 Cr

    Ranking income (27% mix of entire) came at Rs. 213 Cr (+11 % YoY)(+5% QoQ)

    Compare income (73% mix of entire) came at Rs. 585 Cr (+1% YoY)(+9% QoQ)

    EBIDTA came at Rs. 206.7 Cr (7.6% QoQ, -0.7% YoY) vs QoQ Rs. 192.1 Cr, YoY Rs. 208.1 Cr

    EBITDA Margin came at 25.9% vs QoQ 26%, YoY 27%

    Adj. PAT came at Rs. 150.1 Cr vs QoQ Rs. 137.7 Cr, YoY Rs. 150.6 Cr

    Quarter EPS is Rs. 20.5

    Stock is buying and selling at P/E of 41.7x FY25E EPS

    Bajaj Auto Ltd. | CMP Rs. 9746 | M Cap Rs. 272089 Cr | 52 W H/L 10039/4541

    (Nirmal Bang Retail Compare)

    No of automobile supplied came at 1102056 vs QoQ 1068576 (3%) YoY 1027407 (7%)

    Result’s in-line with expectations

    Income from Operations came at Rs. 11928 Cr (3.9% QoQ, 15.7% YoY) vs expectation of Rs. 11807.3 Cr, QoQ Rs. 11484.7 Cr, YoY Rs. 10309.8 Cr

    EBIDTA came at Rs. 2415.3 Cr (4.7% QoQ, 23.6% YoY) vs expectation of Rs. 2358.9 Cr, QoQ Rs. 2306.3 Cr, YoY Rs. 1953.9 Cr

    EBITDA Margin came at 20.2% vs expectation of 20%, QoQ 20.1%, YoY 19%

    Adj. PAT came at Rs. 1988.3 Cr vs expectation of Rs. 1979.2 Cr, QoQ Rs. 1936 Cr, YoY Rs. 1664.8 Cr

    Quarter EPS is Rs. 71.2

    Stock is buying and selling at P/E of 31x FY25E EPS

  • July 18, 2024 07:20

    Stock market live updates at the fresh time: Eimco Elecon (India) Ltd

    CMP Rs. 2892 | M Cap Rs. 1668 Cr | 52 W H/L 2892/630

    (Nirmal Bang Retail Compare)

    Result improved

    Income from Operations came at Rs. 69.7 Cr (-17.3% QoQ, 59.2% YoY) vs QoQ Rs. 84.3 Cr, YoY Rs. 43.8 Cr

    EBIDTA came at Rs. 15.1 Cr (-9.9% QoQ, 506.5% YoY) vs QoQ Rs. 16.7 Cr, YoY Rs. 2.5 Cr

    EBITDA Margin came at 21.6% vs QoQ 19.8%, YoY 5.7%

    Adj. PAT came at Rs. 14.8 Cr vs QoQ Rs. 14.8 Cr, YoY Rs. 5.4 Cr

    Quarter EPS is Rs. 25.6

    Stock is buying and selling at P/E of 34.8x TTM EPS

  • July 18, 2024 06:59

    Stock market live updates at the fresh time: Stock to aquire at the fresh time: Devyani Worldwide (₹174.5)

  • July 18, 2024 06:56

    Stock market live updates at the fresh time: KEY RESULTS

    LOTUS CHOCOLATE(700.75) 30D H/L 747/470

    Cons.PBT: 10.40 vs 1.49 vs 0.02 cr. AWESOME

    PAT: 9.41 VS 1.18 VS 0.20 Cr. 

    —————————————

    L & T Finance(184.25) 30D H/L 194.25/175

    Cons.PBT: 922.27 vs 694.02 vs 713.58 cr.

    PAT:685.25 VS 553.02 VS 530.52 Cr. Correct Nos.

    —————————————–

    BMW Indust.(Fv1) 62.87 30D H/L 66/ 58

    Cons.PBT: 29.4 vs 24.84 vs 21.34 cr.

    PAT: 22.16 VS 19 VS 15.57 Cr. Correct Nos.

    ————————————–

    RATNAVEER Precision(172) 30D H/L 176.78/124

    PBT: 17.45 vs 5.68 vs 10.67 cr.

    PAT: 12.51 VS 5.61 VS 8.21 Cr. Correct Nos.

    ————————————

    Aditya Birla Money(Fv1)166 30D H/L 183.40/152

    PBT: 22.32 vs 20.42 vs 13.05 cr.

    PAT: 16.36 VS 16.43 VS 9.44 Cr. Enhance

  • July 18, 2024 06:56

    Stock market live updates at the fresh time: 16/7/2024

    BSE:+51(80716)

    NSE:+26(24613)

    BNF:-59(52396)

    MID:-137(47823)

    SML:+173(54301)

    FII|FPI:+1271.45Cr

    DII:(-529.48Cr)

    B.Outrageous: 83

    Gold$:2430=INR: 73631

    Silver: 92609

    $/Rs: 83.58

    7.10 : 2034 G-Sec: 6.96 (6.97 prv)

    NSE PE: 23.39

    VIX: 14.22 +0.035 (0.25%)

    FIIs – FY24-25

    MTD: +14674.88Cr

    DIIs – FY24-25

    MTD: +4144.90Cr

  • July 18, 2024 06:55

    Stock market live updates at the fresh time: Researchbytes Analyst App

    https://play.google.com/store/apps/particulars?identification=com.intelegain.rb

    Contemporary Interview…

    As of 18:37 PM Tuesday 16 July 2024

    Styrenix Efficiency Supplies: Rahul Agrawal, MD

    Styrenix Stock Rally: Healthy Q1 Recorded, What’s The Notion To Assemble Market Share In Future Hiss?

    https://www.youtube.com/scrutinize?v=s2HzaevVVgw

    Jupiter Wagons: Vivek Lohia, Managing Director

    Jupiter Wagon: Funds Utilised In New Axle Plant, How Will New Plant Magnify The Export Breaks?

    https://www.youtube.com/scrutinize?v=RZvFQTm-7Lg

    Dhanlaxmi Financial institution: Ajith Kumar KK, MD&CEO

    Dhanlaxmi Financial institution: Extinct Q1 For Firm, What Factors Led The Biz Hiss Downwards? | Ajith Kumar

    https://www.youtube.com/scrutinize?v=6b9h-AyJ6Ho

    HCL Tech: Pratik Aggarwal, CFO

    HCL Tech Q1 Earnings: Composed Beat On Margins, Income | Here’s What Administration Has To Shriek

    https://www.youtube.com/scrutinize?v=BBXE_yJfD6k

    LT Meals: VK Arora, CMD

    LT Meals Biz: Co Eyeing Income From UK Facility, What’s The Growth Notion Of Biz In UK Market?

    https://www.youtube.com/scrutinize?v=OCiI0KNhS30

    Puravankara: Abhishek Kapoor, Neighborhood CEO

    Puravankara: Co’s Pre-Gross sales Affected Q1 Earnings, How Will Realty Request Trend Be Improved Forward?

    https://www.youtube.com/scrutinize?v=glOitJUDleM

    Anand Rathi Wealth: Feroze Azeez, CEO

    Greater Wallet Share Is One Of The Reasons For Solid Hiss: Anand Rathi Wealth

    https://www.youtube.com/scrutinize?v=hFWNGW87UzY

    Poly Medicure: Himanshu Baid, MD

    PLI Map Wants To Be Expanded & Will absorb to peaceful Focal point On Downstream Opportunities: Poly Medicure

    https://www.youtube.com/scrutinize?v=N3ciqtavVco

    Protean eGov Te: Suresh Sethi, MD & CEO

    New-Age DPIs & Cloud Infra Companies Are New Hiss Opportunities: Protean eGov Technologies

    https://www.youtube.com/scrutinize?v=_wJqs_ulLIs

    Senco Gold Little: Suvankar Sen, CEO

    Senco Gold: Solid Q1 Recorded By Firm, What’s The Growth Notion For Future? | ET Now

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    Events at the fresh time…

    https://www.researchbytes.com/Default.aspx?cc=event

    Results at the fresh time…

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    Replays in the market at www.researchbytes.com

  • July 18, 2024 06:51

    Stock market live updates: LIC enters into tie-up with IDFC First Financial institution below company agency arrangement

    Existence Insurance coverage Corporation of India (LIC) has entered correct into a tie-up with IDFC First Financial institution Ltd below company agency arrangement. Read extra

  • July 18, 2024 06:forty eight

    Stock market live updates: Indian Railways to expedite installation of murky-field-form devices in locomotive

    Indian Railways has been requested to expedite the installation of murky-field-form devices across its locomotives – a retro-fitment that it has been conducting in decide routes to this point. Read extra

  • July 18, 2024 06:45

    Stock market live updates: Stock to aquire at the fresh time: Devyani Worldwide (₹174.5)

    The stock of Devyani Worldwide broke out of resistance at ₹170 in early June. But then, the uptrend lost momentum, and the worth declined earlier than the stock entered a sideways fashion. On the opposite hand, after some consolidation to this point this month, the scrip has considered a pointy upward push in tag this week. Read extra

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