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
After an exceptional July, when inflows into equity funds soared to Rs 42,702 crore – the highest this calendar year – in August, flows were more subdued at Rs 33,430 crore – a drop of 22%, according to data from Association of Mutual Funds in India (Amfi). Retail investors continued to tap the equity market
UltraTech Cement is stepping up its play in southern India, with the region emerging as a critical growth engine for the country’s largest cement maker. According to analysts, the company has increased the south’s share of its total grey cement capacity to about 27%, compared with 16% in FY23, while its share of the industry’s
The initial public offer of app-based beauty and home services platform Urban Company Ltd got fully subscribed hours after opening for bidding on Wednesday and later ended the day with 3.13 times subscription. The IPO received bids for 33,37,87,825 shares against 10,67,73,244 shares on offer, translating into 3.13 times subscription, as per NSE data. ALSO
When the Unified Pension Scheme (UPS) was announced as an option in place of the National Pension System (NPS) for around 24 lakh central government employees, employee unions and experts flagged multiple issues in the scheme. One of the issues they raised pertained to the denial of pension benefits till actual superannuation on voluntary retirement
India added 3.8 gigawatt (GW) of solar open access capacity in the first half of the calendar year 2025, down over 4% from 3.9 GW added in the first half of 2024, as per data from Mercom. In the second quarter of 2025, the country added 2.7 GW of solar open access capacity. ALSO READOrder
