The FinTech Hub
Source: Live Mint JTL Industries, a company specialising in the production of ERW pipes, GI pipes, MS black pipes, hollow sections, and solar structures, has received a ‘buy’ rating from Axis Securities. Axis Securities has set a target price of ₹111 per share, suggesting a 10 per cent upside from its current market price of…
Source: Live Mint Asian Paints share price will be in focus on Wednesday after the state-run insurance giant Life Insurance Corporation of India (LIC) raised its stake in the company, LIC announced that it has increased its investment in Asian Paints to 7% through open market purchases, at an average cost of ₹2,891.25 per share…
Source: Live Mint LIC Shareholding: Life Insurance Corporation of India (LIC) raised its stake in blue-chip firm Asian Paints to 7 per cent, the insurer informed via an exchange filing on Tuesday, December 10. LIC, India’s biggest domestic institutional investor (DII), held a 6.6 per cent stake in the paints manufacturer at the end of…
Source: Live Mint The combined market valuation of six out of the top 10 most-valued Indian companies soared by ₹2,03,116.81 crore last week, reflecting an optimistic sentiment on Dalal Street. Tata Consultancy Services (TCS) and HDFC Bank emerged as the biggest gainers, riding the wave of a bullish trend that saw the BSE Sensex climbing…
Source: Live Mint ROE and ROCE are key financial metrics that measure a company’s ability to generate profits from its capital, helping investors assess how efficiently a company is using its resources to grow. A high ROE and ROCE typically signal a strong competitive position, effective management, and the potential for sustainable profits over time….
Source: Live Mint Stock Market Today: Public sector insurer Life Insurance Corporation of India (LIC) clarified in an exchange filing on Thursday, November 28, regarding a recent news item about a potential 50% stake acquisition in ManipalCigna Health Insurance. Business daily The Economic Times today reported that Life Insurance Corporation of India is in discussions…
Source: Live Mint Life Insurance Corporation of India (LIC) has increased its stakeholding to 5.02 per cent in the edible oil refiner Patanjali Foods through the purchase of shares via open market operations, according to an exchange filing on Tuesday, November 26. The stakeholding of the government-owned insurer rose 0.034 per cent to 5.02 per…
Source: Live Mint Adani Group Stocks: Life Insurance Corporation of India (LIC), the country’s largest domestic institutional investor, saw its holdings in seven Adani stocks drop by nearly ₹12,000 crore in a single trading session on Thursday, November 21, following a sharp decline in group shares. The shares of the Gautam Adani-led conglomerate plummeted by…
Source: Live Mint In an equities slump during the holiday-shortened last week, as many as eight of the top ten most valued Indian listed companies lost a cumulative ₹1,65,180.04 crore from market valuation, PTI reported. Among the top 10, banking sector majors HDFC Bank and State Bank of India (SBI) took the biggest hits. Overall,…
Source: Live Mint The combined market capitalisation of six of the top-10 most-valued companies soared by more than ₹1 lakh crore last week, which saw a special Diwali Muhurat Trading session on November 1. Last week, the benchmark BSE Sensex rose 321.83 points, or 0.40%. Despite last week’s gains, the Sensex and Nifty 50 are…
