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Source: Live Mint Rising for the second consecutive session, Acme Solar share price surged almost 8 per cent in morning trade on the BSE on Wednesday, February 5. Acme Solar shares opened at ₹215 against their previous close of ₹207.60 and rose 7.8 per cent to the level of ₹223.75. Around 11 AM, the stock…
Source: Live Mint India’s capital market regulator, the Securities and Exchange Board of India (SEBI), on Thursday, January 30, fined the brokerage Motilal Oswal Financial Services (MOFSL) ₹7 lakh after conducting an investigation over an alleged violation of stock brokerage regulations, reported multiple media outlets. SEBI imposed the penalty on the stock broker after inspecting…
Source: Live Mint Expert view: Unless a revival in corporate earnings, the new year could be muted for the Indian stock market, says Santosh Kumar Singh, Fund Manager at Motilal Oswal Mutual Fund. In an interview with LiveMint, Singh discusses key triggers for the market for 2025 and which sectors can generate alpha. Edited excerpts:…
Source: Live Mint PFC share price: Power Finance Corporation (PFC) share price surged nearly 9% on Monday’s session, following the company reporting a nearly 9% increase in consolidated net profit to ₹7,214.90 crore for the September quarter, primarily driven by greater revenues. The company reported a profit of ₹6,628.17 crore for the same duration of…
Source: Live Mint The Bank Nifty, which has lagged behind broader indices over the past few months, is showing signs of resurgence. A strong performance by HDFC Bank and Axis Bank, coupled with a mixed showing from Kotak Mahindra Bank, suggests the index could lift the markets in the coming sessions. Although rising deposit rates…
Source: Business Standard Illustration by Binay Sinha 5 min read Last Updated : Oct 16 2024 | 2:53 PM IST Shares of capital market-related sectors like asset management companies (AMCs) and broking firms are on a roll as they rallied up to 15 per cent on the BSE in Wednesday’s intra-day trade in otherwise…
Source: Business Standard 4 min read Last Updated : Oct 15 2024 | 11:06 AM IST Angel One shares have rallied by up to 9 per cent on the BSE in Tuesday’s intraday trade after the company reported a healthy 44 per cent year-on-year (YoY) jump in its consolidated profit after tax (PAT) at…
Source: Business Standard 3 min read Last Updated : Oct 14 2024 | 10:24 AM IST Ipca Laboratories share price hit a new high of Rs 1,690 per share, gaining 2 per cent on the BSE in Monday’s intraday trade, after Motilal Oswal Financial Services (MOFSL) upgraded the stock to ‘Buy’. The brokerage cited…
Source: Business Standard 3 min read Last Updated : Oct 10 2024 | 11:00 AM IST Shares of Oil India were up 3 per cent at Rs 593.80 a piece on the BSE in Thursday’s intra-day trade after Motilal Oswal Financial Services (MOFSL) reiterated its ‘Buy’ rating on the stock with a target price…
Source: Live Mint Motilal Oswal Financial Services (MOFSL), in its latest report, said that Q2 will see the slowest earnings growth for Nifty companies in 17 quarters, caught between tailwinds and headwinds. After four years of robust double-digit growth, the slowdown in corporate earnings is expected due to pressures from commodity prices, diminishing tailwinds from…
