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International brokerages Jefferies and Bernstein have reiterated their positive outlook on the chemicals-to-retail conglomerate Reliance Industries Ltd. Both firms emphasized their confidence in the company’s growth trajectory despite recent market
Berger Paints is reportedly making a bid to acquire Akzo Nobel's India stake as the latter’s promoters plan to exit the Indian market by selling their 74.6 shareholding, according to CNBC-TV18 on January 7. Other contenders for the Dulux maker
One MobiKwik Systems Ltd, a prominent fintech company, reported a net loss of Rs 3.6 crore for the second quarter ending September 2024, primarily due to increased expenses. This marks a reversal from the Rs 5.3 crore net profit posted during the sam
Larsen & Toubro Ltd (L&T)'s Power Transmission and Distribution (PT&D) segment has secured significant domestic and international contracts for the development of grid infrastructure, strengthening its position as a key player in the glob
The market regulator has relaxed the rules governing the settlement of brokerage clients' accounts that remain inactive for 30 days. Previously, the Securities and Exchange Board of India (SEBI) mandated brokerages to settle such accounts within t
Husk Power Systems, recognized as the world’s largest solar mini-grid operator, is planning to raise up to $400 million in debt and equity this year to support its expansion in India and Africa—a record-breaking goal for the industry. This fun
Asian markets showed gains following a second consecutive rally on Wall Street, while the dollar reduced its losses as former President Donald Trump dismissed claims that his proposed tariffs might be softened. A regional equities index rose 0.7,
Global brokerage firm Jefferies has upgraded its rating for pharmaceutical company Biocon to 'underperform', citing favorable developments related to regulatory approval for its Bengaluru manufacturing facility. In line with this positive sentiment,
Benchmark indices Nifty and Sensex ended their two-day losing streak on January 7, buoyed by gains in energy and PSU bank stocks. All sectors traded positively following an upbeat market opening, with the broader market outperforming frontline indice
Technichem Organics Limited, a speciality chemicals manufacturer operating since 1996, marked a steady entry into the public markets on Tuesday, 7th January 2025. The company, which has established itself with a diverse portfolio of chemicals serving
Indo Farm Equipment Limited, an integrated manufacturer of tractors and construction equipment operating since 1994, marked a strong entry into the public markets on Tuesday, 7th January 2025. The company, which has established itself with a diverse
A leading global brokerage, Jefferies, has downgraded Zomato’s stock to a "hold" rating, attributing the change to the significant surge in the stock's value throughout 2024 and rising concerns over increasing competition in the quick commerce mark
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