Focus on the small finance banking space. Nuvama Institutional Equities initiated its coverage on Jana Small Finance Bank with a ‘Buy’ rating. The brokerage firm sees an upside of 43% at a target price of Rs 600 from its current market price of Rs 419. Nuvama initiated coverage on the stock as it finds the
Competition in the food delivery business is gaining traction. With both entities listed now, Zomato and Swiggy are neck and neck not just in food delivery but also in corporate initiatives, investor portfolios and more. Zomato, now Eternal, has taken the rebranding route while Swiggy on the other hand is focused on features. Let’s take
In a market where volatility keeps investors on their toes, dividend paying stocks offer a comforting edge for many. And among large cap companies, a few stand out for delivering strong dividends year after year. From mining giants to oil and gas majors, here is a look at the top 5 dividend yield stocks in
Titan’s share price surged to an intraday-day high of Rs 3,227.25, up nearly 7% in early trade on the National Stock Exchange after the company reported a strong pre-quarterly Q4 business update. However, the stock price came off highs in sync with the overall moderation in the market. It is still one of the top
If you are a shareholder in CRISIL or tracking the portfolio of ace investor Rekha Jhunjhunwala, here is a good reason to pay attention. The company is all set to trade ex-dividend on Friday, April 11, for its whopping 2,600% final dividend. The company has declared a final dividend of Rs 26 per share. In
The tech stocks are among the top stars in trade today. The Nifty IT Index rallied nearly 2% in early trade and is still holding over 1% gains. Some of the big winners include Infosys, Wipro, MphasiS, Coforge and the like. The Nifty IT Index has been under pressure lately on the back of recession
The FMCG major Godrej Consumer Products’ share price rose 2.4% to the day’s high of Rs 1,187.90 after Nuvama retained its Buy rating on the stock following a pre-quarterly business update. The stock is now almost 23% away from its 52-week high of Rs 1,541.85. Nuvama on Godrej Consumer Products: Business update in line with
By Anand James Nifty has now fended off multiple attempts to set off on a downside spiral, with momentum fizzling out on every attempt to scythe through the 23000 support. Clearly, the market is clinging to some hope, as the budget announcement is near. It is noteworthy that 67% of the time in the last 12
The new financial year has started and now taxpayers want to know when they can file their Income Tax Return (ITR) for the assessment year 2025-26. However, for this, first the Income Tax Department will have to notify the ITR forms for the current assessment year. Seven different ITR forms were notified in April last
It’s a busy week on the Q4 results calendar with over 30 companies reporting their earnings in this holiday-shortened week. From tech majors Infosys, Wipro to the big boys of the banking world, ICICI Bank and HDFC Bank are all set to report their Q4 performances. Wipro: Q4 earnings on April 16 Tricky times for
SEBI has yet again cautioned investors against taking advice from social media. According to SEBI, if you take stock-related advice from “social media platforms like Facebook, Telegram, WhatsApp, YouTube, be cautious you can get scammed as the fraudsters have increased their manipulative and fraudulent activities via these platforms.” The market watchdog in a press release
There is an important news for the employees of the central government. The Ministry of Health & Family Welfare has clarified that if monthly contribution is being deducted regularly from the salary of an employee under CGHS (Central Government Health Scheme), then it is mandatory to give him CGHS service card, even if he has
By Narry (Narsimha Rao Mannepalli) It’s the Annual earnings season for most of the Indian IT industry and would be a good checkpoint to reflect on where we are and what lies ahead of us. By all indications, FY 2026 is shaping up to be another year of muted growth for the Indian IT industry—likely