Eicher Motors shares rally 8% after steady Q2 earnings. What analysts say
Shares of Royal Enfield manufacturer Eicher Motors zoomed 7.5% on Thursday to their day’s high of Rs 4,934.50 on the BSE as the company reported an 8% growth in its standalone net profit at Rs 1,010 crore in the quarter ended September 2024. While registering steady growth on an annual basis, Eicher Motors lagged in…
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These 6 F&O stocks saw a high increase in futures open interest – Surge in OI
IRFC Share Price 140.35 12:01 PM | 14 Nov 2024 0.73(0.53%) Suzlon Energy Share Price 56.73 12:01 PM | 14 Nov 2024 2.7(5.0%) IREDA Share Price 191.66 12:01 PM | 14 Nov 2024 4.07(2.17%) Tata Motors Share Price 776.9 12:01 PM | 14 Nov 2024 -9.36(-1.19%) YES Bank Share Price 19.41 12:01 PM | 14…
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Stock Radar: 50% rally in a year! This largecap IT stock hit fresh 52-week high in November; time to book profits?
Short-to-medium-term investors can look to buy the stock now for a target of Rs 650 in the next 2-3 months, suggested experts. Synopsis The IT stock climbed from Rs 381 on November 13, 2023, to Rs 570 on November 12, 2024, marking a 49.6% gain over the year. Riding this momentum, Wipro reached a 52-week…
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HAL shares nosedive 28% from peak. Will it fall below Rs 4,000?
Shares of Hindustan Aeronautics (HAL) have been making lower tops and lower bottoms on its daily chart, having taken a fall after hitting an all-time high of Rs 5,674.75 in July this year. Since then, the stock has corrected by almost 28% since then and by 8.15% in the last one month. On the stock’s…
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Bitcoin sees profit booking after over 30% rally since Trump’s US election win
Bitcoin’s impressive rally, which saw a surge of nearly 30% following President-elect Donald Trump’s election victory, has paused as traders engage in profit booking. The cryptocurrency reached a record high of $89,906 on Tuesday but was trading 1.5% lower at $87,310 as of 10:28 AM IST. “This marks the first downturn since Trump’s recent victory,…
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Would prefer Zomato over Swiggy if asked to pick only one: Brokerage JM Financial
Citing Zomato’s market dominance and superior execution, brokerage JM Financial expressed a preference for Zomato over Swiggy, highlighting the challenges Swiggy may face in establishing its footing in this space. In its report, JM Financial highlights Zomato’s leadership and execution record, suggesting it holds an edge over Swiggy despite the latter’s advances in quick commerce…
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Rs 325 or Rs 470? Swiggy share price targets leave investors confused after listing
Like most other big IPOs, Swiggy too made a muted debut on Dalal Street by listing at a small premium of 8% over its issue price. Since Swiggy is currently loss-making at consolidated level and believed to be at least 2-3 years away from PAT level break-even, investors are refraining from making bold bets. After…
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Swiggy shares surge 9% after listing, market cap crosses Rs 1 lakh crore
Shares of leading food delivery player Swiggy surged 9% to Rs 449 on BSE in Wednesday’s trade after making its Dalal Street debut at Rs 412. Meanwhile, the company’s market capitalization crossed Rs 1 lakh crore mark. Swiggy’s muted debut on Dalal Street was marked by a small premium of 8% over its issue price….
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Shree Cement shares fall 4% after Q2 results disappoint. Should you invest?
Shares of Shree Cement dropped 4% on Tuesday to an intraday low of Rs 23,500.15 on the BSE after the Kolkata-based company’s Q2 profit plunged more than 80% on year to Rs 93.13 crore. The profit was weighed down by weakness in both demand and prices for the building material during the three months. While…
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Bitcoin nears $90,000 as speculation grows over Trump’s pro-crypto regulatory plans
Bitcoin soared to a new all-time high of $89,600, edging closer to the significant $90,000 mark, driven by speculation over potential pro-crypto regulatory shifts in the United States. The cryptocurrency experienced a 9% jump in the last 24 hours, buoyed by optimism following Donald Trump’s presidential election victory and expectations of a crypto-friendly administration. Reports…
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