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Markets / Business Today

Tata Motors Q4 results highlights: Profit up 46%; weaker H1 domestic demand likely

Tata Motors said it remains cautiously optimistic on domestic demand over the full year and expects H1 to be relatively weaker.

10 May 2024 4:29 pm
Aadhar Housing Finance IPO booked over 10x on Day 3; QIBs portion subscribed over 22.5 times

The initial public offering (IPO) of Aadhar Housing Finance saw a decent response from the investors during the second day of the bidding process.

10 May 2024 3:25 pm
Bank of Baroda Q4 earnings: Net profit rises to Rs 4,886 crore, stock falls

Bank of Baroda shares slipped 5.36% to Rs 248.55 on BSE. Market cap of the lender fell to Rs 1.30 lakh crore.

10 May 2024 3:25 pm
TBO Tek IPO subscribed 43.31 times on Day 2 so far; GMP corrects

The New Delhi-based TBO Tek is selling its shares in the price band of Rs 875-920 apiece. Investors can apply for a minimum of 16 shares and its multiples thereafter.

10 May 2024 2:56 pm
'If implemented...': Zerodha co-founder Nithin Kamath lauds Sebi's plan for client securities

Clearing corporations should provide a mechanism for trading member(TM)/clearing member (CM) to identify the unpaid securities and funded stocks under the margin trading facility.

10 May 2024 2:28 pm
Vodafone Idea says Q4 results on Thursday, May 16; here's earnings preview

Vodafone Idea Q4 earnings: Emkay Global said Vi would add 10 lakh 4G subscribers against 9 lakh additions in Q3FY24. ARPU is set to rise 1.1 per cent QoQ to Rs 147, led by increased prices of entry-level plans

10 May 2024 2:23 pm
Multibagger infra stock rose 342% in three years; can it hit three-digit mark?

Multibagger stock: Patel Engineering shares, which ended at Rs 12.45 on May 7, 2021 was trading at Rs 55 mark in the current session on BSE.

10 May 2024 1:55 pm
Realty Boom: Share of premium homes jumps 200% in 5 years, data shows

In Q1, 2024, the share of homes priced above Rs 1.5 crore surged to 25% of overall home supply in top seven markets, data from Anarock shows.

10 May 2024 1:25 pm
Paytm shares rebound 13% in two sessions; check supports, target levels

Shares of Paytm have remained a laggard on Dalal Street as the Fintech platform has tumbled about 69 per cent from its 52-week high at Rs 998.30 hit in October 2023.

10 May 2024 1:21 pm
L&T plans to exit Hyderabad Metro post 2026, R Shankar Raman says free bus rides have made ridership 'less interesting'

Congress governments free bus rides for women impact sees change in ridership mix.

10 May 2024 1:05 pm
Intellect Design shares dive 16% post Q4 results; technical analysts turn 'bearish'

Intellect Design share price: The stock slumped 15.52 per cent to hit a day low of Rs 864.35 over its previous close of Rs 1,023.15.

10 May 2024 1:04 pm
RVNL shares slip 7% in 2 days despite order win; what's next for this rail PSU?

RVNL share price: The stock today slipped 3.39 per cent to hit a low value of Rs 252. At this price, it has slipped 6.67 per cent in just two straight sessions and 27.08 per cent from its all-time high price of Rs 345.60.

10 May 2024 12:24 pm
Air India Express expects normalcy in operations in next 2 days

Air India Express cabin crew crisis: Cabin crew members have gradually reported for duty after a strike that led to multiple cancellations was called off.

10 May 2024 11:52 am
Big Crash coming in Tata Power stock? Analysts on support, stop loss and price targets

Tata Power shares clocked a series of record highs in December 2023, clocking gain of 24% during the month. The stellar gains in December are reflected in the six-month return of 64.14% generated by the Tata Group stock.

10 May 2024 11:38 am
Bank holiday today? Check out which cities have banks closed on Akshaya Tritiya 2024

Banks will be closed in some cities, they will remain open in others. For instance, today i.e. on Akshaya Tritiya, banks will operate as usual in Delhi,Mumbai, Kolkata, and Chennai but will be closed in Bengaluru.

10 May 2024 11:32 am
Polycab India shares jump ahead of Q4 results today; what analysts say

Polycab continues to garner market share due to its aggressive marketing, a wide product portfolio and quick availability of products, the domestic brokerage said.

10 May 2024 11:32 am
SRF shares: Here's what brokerages say on this multibagger after consistent fall in profit

SRF posted a 24 per cent year-on-year decline in consolidated net profit at Rs 422 crore for the March 2024 quarter, hurt by sustained weak demand in its mainstay chemicals business.

10 May 2024 11:14 am
Balmer Lawrie, Concor & Hindalco: What Mayuresh Joshi of William O'Neil says on these 3 stocks

Over the next few weeks, as the elections results come nearby, domestic benchmarks may give a decent buying opportunity, Mayuresh Joshi told Business Today TV.

10 May 2024 10:46 am
SBI shares at Rs 1,000? What market analysts say on strongest Q4 in banking sector

SBI share price target: YES Securities maintained Buy rating on SBI with a revised price target of Rs 1,000. While capital ratios remain lower than peers, the SBI management has reiterated headroom for growth, it said.

10 May 2024 10:42 am
Rs 73 to Rs 917: This defence stock turned into a multibagger in three years, down 19% from record high

Multibagger stock: Zen Technologies shares, which ended at Rs 73.25 on May 7, 2021 , were trading at Rs 917 in the current session on BSE.

10 May 2024 10:01 am
Go First stares at more trouble: DGCA may take away its airport slots, international flying rights

Go First crisis: The government had temporarily allocated the flying rights of Go First in the Winter Schedule for 2023 and Summer Schedule for 2024, and these allocations are likely to be made permanent by the end of the month.

10 May 2024 9:48 am
PNB Q4 profit up 160%; Nirmal Bang, Kotak say sell stock, share target prices

PNB shares are up 61 per cent in the past six months. Nirmal Bang Institutional Equities and Kotak Institutional Equities maintained 'Sell' rating on the stock, citing a recent sharp rally .

10 May 2024 9:41 am
Tata Steel shares in news today, heres why

Tata Steel shares ended 2.44% lower at Rs 162 on Thursday. Market cap of the firm fell to Rs 2.02 lakh crore.

10 May 2024 9:01 am
Paytm shares in focus today as fintech clarifies on recent reports; key details

Paytm, whose shares are down 63 per cent in the last six months, said it acts as a distributor of loans and does not provide a First Loss Default Guarantee (FLDG) or other loan guarantees to lending partners.

10 May 2024 8:41 am
Stocks in news: Tata Motors, BPCL, Relaxo, Abbott India, Intellect Design, Cipla and Suryoday SFB

Tata Motors, ABB India, Bank of Baroda, Eicher Motors, Cipla, Union Bank of India, Polycab India, Bank of India and others will announce their quarterly results later today.

10 May 2024 8:35 am
Quess Corp shares in news today on highest ever quarterly revenue, dividend announcement

Quess Corp Q4 earnings: Revenue stood at Rs 4910 crore rising 11% year-on-year. Profit after tax (PAT) zoomed 226% year-on-year to Rs 98 crore.

10 May 2024 8:30 am
IPO watch: Virat Kohli, Anushka Sharma make 3.6 times returns on Go Digit in 4 years!

Indian cricketer Virat Kohli and his actress wife Anushka Sharma are likely to mint multibagger returns from their investment in Go Digit General Investment made about four years ago.

10 May 2024 8:28 am
JPMorgan says India index inclusion on track, most clients ready: Report

Indian sovereign bonds have seen about $8 billion of inflows into the Fully Accessible Route securities since the JPMorgan announcement, though there were some outflows in April amid a global debt selloff

10 May 2024 8:17 am
Coal India Share Price LIVE: Stock up 2.77% in last one month; What you should know

Coal India Ltd Stock Price Live: The Coal India Ltd has been in focus today amid company-specific news and/or recent price action on the counter. Coal India Ltd shares settled the previous traded session at 443.50, down 4.51%. The stock has traded in a wide range of 487.60 and 223.25 in the last one year. At last count, the Coal India Ltd sector company commanded a market capitalisation of 2.73 Lakh Crore. Heres a deep dive Coal India Ltd stock performance, peer returns, historical details, & ot

10 May 2024 8:00 am
Tata Motors Q4 results preview: Rupee depreciation to aid profitability, sales may grow 10-16%

Tata Motors Q4 earnings: Led by healthy operating performance, YES Securities expects Tata Motors to report 29.60 per cent year-on-year (YoY) jump in net profit at Rs 7,551.90 crore on 10.2 per cent YoY rise in sales at Rs 1,16,713 crore.

10 May 2024 7:26 am
Swan Energy shares update on Reliance Naval acquisition & relisting; stock down 5%

Swan Energy share price: Shares of Swan Energy fell 4.86 per cent to settle at Rs 538.35. The stock has slipped 18.29 per cent in the past one month.

9 May 2024 5:54 pm
Vakrangee Q4 earnings: Net profit rises 221%; shares in focus on Friday

Vakrangee Q4 earnings: Profit rose to Rs 2.19 crore in Q4 FY2023-24 against Rs 0.68 crore on a YoY basis. EBITDA climbed 49.3% to Rs 8.32 crore in Q4 FY2023-24, on a YoY basis.

9 May 2024 5:23 pm
Turbulence at AI Express: Tatas must address brewing troubles on priority, say experts

After Vistara, Air India Express is facing turbulence, with staff reporting sick, leading to the cancellation of around 85 flights.

9 May 2024 5:06 pm
58% BSE smallcap stocks trading above their 5-year average P/E; is it time to book profit?

Experts say there are pockets of overvaluation, and that profits can be secured in cases where earnings visibility is uncertain

9 May 2024 4:55 pm
Paytm shares rebound 8% from all-time low; here's what tech charts hint at

Paytm share price: The stock fell 2.35 per cent in early trade to hit a record low of Rs 310. It later rebounded 7.52 per cent from its all-time low level to settle at Rs 333.30. On a closing basis, the counter's uptick was of 5 per cent today.

9 May 2024 4:08 pm
FII selling nears Rs 16,000 crore in five days: This factor apart from US bond yields helping bears on Dalal Street

Sensex, Nifty crash: The sell-off by foreign investors intensified on May 8 (Wednesday) with sale of equities worth Rs 669.10 crore. DIIs were not too far behind with buying of securities worth Rs 5,929 crore in the cash market.

9 May 2024 3:36 pm
Sensex, Nifty crash: Rs 7,60,000 crore gone! What's spooking your stock market? 5 factors

A further worsening of voter turnout in the following election phases could have a bearing on election outcome and equities so one would keep a close watch, PhillipCapital said earlier today.

9 May 2024 3:23 pm
Aadhar Housing Finance IPO sails through on Day 2 so far; QIB and NII portions fully booked

The initial public offering (IPO) of Aadhar Housing Finance saw a decent response from the investors during the second day of the bidding process.

9 May 2024 3:05 pm
TBO Tek IPO subscribed 2.8 times on Day 2 so far; GMP sees sharp uptick

The New Delhi-based TBO Tek is selling its shares in the price band of Rs 875-920 apiece. Investors can apply for a minimum of 16 shares and its multiples thereafter.

9 May 2024 3:00 pm
Akshaya Tritiya: Should you buy gold or stocks this year?

Domestic equity markets have seen a decent correction in the last few sessions with BSE Sensex hovering around 72,600 levels after hitting highs of 75,125.

9 May 2024 2:53 pm
SBI Q4 results: Profit up 24% at Rs 20,698 crore; stock rises 3%

SBI Q4 results: The lender's interest earned grew 19.46 per cent to Rs 1.11 lakh crore during the quarter under review.

9 May 2024 2:23 pm
Asian Paints Q4 earnings: Net profit at Rs 1,275 crore, shares hit 52-week low

Asian Paints stock fell 3.10% to Rs 2756 in the current session on BSE. The stock also hit a fresh 52 week low of Rs 2722.30 post Q4 earnings.

9 May 2024 2:19 pm
Sukino Healthcare plans to inject over Rs 200 crore in patient care, venture into oncology, digital therapies

It aims to serve 25,000+ patients every year through care centres and home care as it expects market for recuperative care to double

9 May 2024 1:22 pm
Adani Power shares jump 7% today; can stock revisit one-year high level?

Adani Power share price: The stock surged 7.37 per cent to hit a day high of Rs 622. At this price, the scrip was down 3.86 per cent from its one-year high value of Rs 647, a level seen last month on April 4.

9 May 2024 1:21 pm
From 6% to 56%! FIIs substantially upped their stake in this NBFC; check latest target price here

This is Five-Star Business Finance, which recently posted a 39% rise in net profit at Rs 835.92 crore for the year ended March 31, 2024.

9 May 2024 1:08 pm
Stock market & elections: What to do if BJP wins 300-330 or below seats in Lok Sabha polls?

PhillipCapital said the turnout in the first three phases has been a tad lower and while this could affect the outcome for a few constituencies, it is unlikely to majorly dent the widely expected outcome of BJP returning to power.

9 May 2024 12:58 pm
CSR spend by NSE-listed firms crosses Rs 15,000 crore; HDFC Bank, TCS, RIL, ITC among top 10 contributors

According to Pranav Haldea, MD of PRIME Database Group, while the increase in profits did increase the amount required to be spent, these companies had already been spending more than what was required

9 May 2024 12:29 pm
Jio Financial shares down 12% from all-time high; key technical levels to watch out for

Jio Financial share price: The stock today fell 1.76 per cent to hit a day low of Rs 349. At this price, it has declined 11.58 per cent from its record high level of Rs 394.70, a level seen last month on April 23.

9 May 2024 12:28 pm
Market crash in numbers: Sensex, Nifty tumble in afternoon session as FIIs press sell button

Market crash: Sensex tanked 600 pts to 72,866 with capital goods and oil & gas stocks leading losses. Nifty too slipped 180 pts to 22,122, reflecting weak investor sentiment on Dalal Street.

9 May 2024 12:15 pm
Tata Power shares down 4% today; here are target prices for Tata group stock

Tata Power stock price today: Tata Power shares fell 3.65 per cent to hit a low of Rs 419.55 on BSE. With this, the stock is down 10 per cent from its record high of Rs 464.30 hit on May 3.

9 May 2024 11:52 am