Going by market reactions to Q2 performance so far, it appears that investors are suddenly waking up to the harsh reality inflation isn’t transient.
Tech Mahindra is trading at a discount to large peers despite improving growth profile, healthy deal wins and 5G opportunities.
The market breadth was positive as 1,782 shares advanced while 634 declined and 89 remained unchanged.
Adani Total Gas board will consider on October 28 a proposal to raise funds via a medium-term note program of as much as $750 million.
Major Wall Street benchmarks hit fresh records on Monday, buoyed by a strong U.S. corporate earnings season & an improving economic outlook.
Nirmal Bang is bullish on State Bank of India with a price target of Rs 535 per share.
On the sectoral front barring banking & financials, all other indices ended with losses.
Nykaa has fixed the price band for the issue at Rs 1,085-1,125 per share. Investors can bid for a minimum of 12 shares & in multiples, thereafter.
The logistics market, pegged ~USD 250 billion, is expected to grow at 10-12% CAGR (Compounded Annual Growth Rate), with a pick-up in demand.
Shares of Tatva Chintan Pharma hit a record high of Rs 2,488.90 in intraday as its net profit jumped 811% to Rs 32.4 crore.