Minority investors show less dissent as cos hear them out
Mumbai : Companies are facing less dissent from shareholders these days. Shareholder resolutions with more than 20% dissent from institutional shareholders dropped to 16% in the recently concluded proxy season, down from 17% in the previous two fiscals, as per data from primeinfobase.com. In actual numbers, 1,581 out of 10,092 resolutions saw more than 20%…
READ MORE
Trent shares fall 10% in 2 days after Q2 results. Should you invest?
Shares of Trent have fallen by 10% in the last 2 trading sessions to a low of Rs 6,270 on the BSE after the company on Thursday reported that its September quarter standalone profit rose 46% year-on-year (YoY) to Rs 423.44 crore, higher than ET Now poll estimate of Rs 414 crore. Trent’s Q2 revenue…
READ MORE
Stocks in news: Tata Steel, M&M, Trent, Blue Star, Hindalco
Domestic market extended its rebound, gaining over 1% amid positive global cues. In today’s trade, shares of Tata Steel, M&M, Trent, Blue Star, Hindalco among others will be in focus due to various news developments and second quarter results M&M, Trent, NHPC, Page IndustriesShares of M&M, Trent, NHPC and Page Industries will be in focus…
READ MORE
US election, Q2 earnings, Fed meet and 5 more factors to likely impact stock markets this week
The Indian equity market concluded Friday with a 0.5% weekly gain, led by gains in banking, financial, and metal stocks. As markets reopen on Monday, a mix of domestic and international events—including Q2 earnings reports, the US election, and global market dynamics—will likely shape market movements. On Friday, the Nifty 50 and BSE Sensex rose…
READ MORE
Trent shares surge over 1400% in 5 years. Is there time to ride the wave?
The shares of Tata-owned apparel retailer Trent have delivered returns of 1,450% in the last 5 years and have proven to be multibagger even for recent investors, surging nearly 139% this year. The company’s financial performance is strong, reporting a 130.8% year-on-year (YoY) increase in standalone net profit to Rs 342.15 crore for the first…
READ MORE
197 smallcaps offer double-digit returns as markets continue record-breaking run in August
Domestic markets continued their record-breaking run even in the month of August, but the gains were steady with Sensex gaining close to 1%. The rally was also broad-based with the smallcaps outperforming the benchmark as the BSE smallcap index was up around 1.25% during the month. This was reflected in the gains of the broader…
READ MORE
Tata Tech, Trent in focus amid large block deals
Shares of Tata Group companies Trent and Tata Technologies were in focus on Tuesday after block deals were witnessed in the pre-market window. Trent’s shares rose 1% to a day’s high of Rs 6,998.15, while Tata Technologies’ shares fell 3.4% to the day’s low of Rs 1,013 on the BSE. However, nearly an hour later,…
READ MORE
Stocks in news: Trent, BEL, LTIMindtree, Ambuja Cements, Alembic Pharma, Transport Corp
Domestic markets edged higher for the second consecutive week, moving closer to record highs, supported by favorable cues. In today’s trade, shares of Trent, BEL, LTIMindtree, Ambuja Cements, Alembic Pharma, Transport Corp among others will be in focus due to various news developments. Transport CorporationTransport Corporation of India announced that it will conduct its first-ever…
READ MORE
Nifty Bank Reshuffle: State-run Canara Bank makes entry while Bandhan Bank pushed out
PSU stock Canara Bank has entered the Nifty Bank index at the cost of Bandhan Bank as part of the semi-annual rejig. Canara Bank’s average free-float market capitalisation stood at Rs 38,973 crore over six months as against Bandhan Bank’s Rs 15,945 crore. With its inclusion, Canara Bank is expected to receive flows of $…
READ MORE
NSE rejig: Vodafone Idea to exit Nifty 500, Nifty Midcap 100
Vodafone Idea has made an exit from Nifty 500 index and Nifty Midcap 100 as part of a semi-annual rejig of NSE’s various indices. Vodafone’s current free-float market capitalisation stands at Rs 36,534 crore and the stock today ended at Rs 15.83, down by Rs 0.37 or 2.28% over the Thursday closing price. Vodafone’s exit…
READ MORE