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Source: Live Mint Multibagger BSE SME stock Hazoor Multi Projects hit the 5 per cent upper circuit limit on Monday, November 18 following its Q2 results for the financial year 2024-25 (FY25). The stock defied the weak market mood, and was locked at ₹53.25, its upper price band. The company on Thursday, November 14, posted…
Source: Live Mint Q2 results have nearly come to an end. The outlook on Q2 results was muted, and the actual performance is marginally lower than the preview. This is leading to a downgrade in earnings. The Nifty50’s PAT was forecasted to grow by 8.4% YoY, but the current actual growth is around 6.6%, with…
Source: Live Mint Buy or sell: The Nifty index continued its downward trajectory this week, marking the seventh consecutive week without closing above the weekly high. Currently trading below last month’s low of 24,000, the index remains in a correction phase and is hovering near its 200-day moving average (DMA). Weekly Trading Overview The week…
Source: Live Mint State-owned NTPC Green Energy Limited’s initial public offering (IPO) is scheduled to open for public bidding on Tuesday, November 19 and close on Friday, November 22. The renewable energy firm’s IPO will have its anchor round of investing on Monday, November 18. NTPC Green Energy aims to raise nearly ₹10,000 crore through…
Source: Live Mint Buy or sell stocks: The domestic stock market benchmarks, Nifty 50 and Sensex, are closed today, Friday, November 15, due to the observance of Guru Nanak Jayanti, creating a three-day trading hiatus. On Thursday, both indices extended their losing streak to six consecutive sessions, marking multi-month lows. This decline was attributed to…
Source: Live Mint Following better-than-expected September quarter results, global brokerage firm Nomura India has reaffirmed its ‘Buy’ rating on Vodafone Idea, setting a target price of ₹14. This suggests a potential 91 percent upside from the stock’s closing price of ₹7.34 on Friday. Nomura anticipates that the pace of subscriber losses for the telco will…
Source: Live Mint Tensions in the Middle East have heightened, with the escalating conflict between Iran and Israel sparking concerns over a potential wider regional crisis. If the conflict worsens, the impact on global crude oil prices could be substantial due to Iran’s role as a key oil producer. Although crude oil prices are currently…
Source: Live Mint The Indian stock market logged its sixth weekly loss in seven weeks, as worries about a slowdown in consumption added to concerns over earnings moderation and foreign outflows. Domestic equity benchmarks Sensex and Nifty 50, after smashing many record peaks this year, slipped into a correction mode, with the indices falling 10…
Source: Live Mint Lemon Tree Hotels Q2 Results: Lemon Tree Hotels Limited announced its July to September quarter results on Thursday, November 11. The company recorded a 33 per cent rise in net profits to ₹35 crore for the second quarter of the financial year 2024-25, compared to ₹26.38 crore in the same quarter the…
Source: Live Mint Dalal Street seems to be caught in a bearish grip, with the Indian stock market witnessing a sharp correction for over a month now. Both Sensex and Nifty 50 have taken a tumble, shedding over 10% each from their record highs – enough to make even the boldest bulls a little jittery….
