The FinTech Hub
Source: Live Mint A few stocks on Dalal Street continue to face extended sell-off pressure due to a variety of factors, including weak financial performance, rising competition, softening demand, and macroeconomic headwinds. As a result, these stocks remain sidelined, despite the overall market performing exceptionally well. One such stock in this regard is Delhivery—India’s largest…
Source: Live Mint Shares of battery manufacturers Amara Raja Energy and Exide Industries have been on a consistent downward trajectory over the past five months, including November, as both stocks face persistent selling pressure. The companies’ recent financial results for the September quarter have failed to boost investor sentiment as both companies reported earnings that…
Source: Live Mint Japanese brokerage firm Nomura in its latest report highlighted that India’s power transmission sector is set for robust growth, fueled by rising electricity demand and ambitious targets for renewable energy capacity expansion. According to the Central Electricity Authority, the sector is expected to attract USD 110 billion in investments between FY22 and…
Source: Live Mint Shares of Pearl Global Industries (PGIL) regained momentum in Friday’s trading session, surging 7.23% to ₹939.80 per share after the domestic brokerage firm Avendus Spark Institutional Equities initiated coverage with a ‘buy’ rating. The brokerage set a target price of ₹1,350 on the stock, signalling an upside potential of 54% from its…
Source: Live Mint Stocks to buy: Indian stock market indices, Sensex and Nifty 50, extended its record breaking rally on Monday led by buying across the board. The Sensex scaled a new life-time high of 84,881.73, while the Nifty 50 touched 25,925.80 for the first time. Brokerage firm StoxBox has recommended seven stocks to buy…
Source: Live Mint Shares of PB Fintech, the parent company of Policy Bazaar and Paisa Bazaar, have been on a remarkable upward trajectory in recent months, consistently breaking record highs and delivering impressive returns to shareholders. The stock began its steady ascent in January when it crossed its IPO price for the first time in…
