Lyft Inc. experienced a surge in its stock value, jumping up over 60 percent, following the release of optimistic profit and bookings forecasts on February 13 that exceeded investor expectations. However, after the initial stock surge, Lyft faced a setback when it revealed a mistake in its margin projection during the earnings release, and shares …
Yes Bank Q3 result: Net profit at Yes Bank is at ₹231 crore, and the NII is up 2.3 percent at ₹2,016.8 crore, the company reported in its Q3 results on January 27, 2023. Yes Bank’s net profit of ₹231.6 crore, fell short of market estimates set at ₹415.1 crore. The gross non-performing assets (NPA) …
Bharat Heavy Electrical Ltd (BHEL), part of the heavy electrical equipment space, has rallied by over 50% in the last 3 months and the chart pattern suggests that the rally may not be over yet. Short-term traders can look to buy the stock on dips for a possible target of Rs 227 in the next …
The stock gave multibagger returns of 450 per cent in just 1 year and a whopping 1,500 per cent in 3 years. JSL Industries Ltd informed that the company has secured a prestigious order …
Image Source : FREEPIK Oil platform in the ocean with the sun setting behind it. India is the world’s third-largest energy consumer. The size of the Indian chemical and petrochemical sector is around USD 190 billion and it is poised for transformational growth. Earlier this year, the government offered an investment opportunity of USD 30 …
Image Source : FREEPIK Businessman presses button ipo initial public offering on chart phone. The IT sector is going through immense pressure due to spending cuts amid recession fears. This year saw US tech companies laying off people. Even as the downtrend has impacted Indian IT companies as well, the technology sector has shown resilience …
Image Source : FILE PHOTO Initial public offering logo The stock market is a place where investors buy and sell shares of listed companies. Several companies announce rewards for their shareholders, helping them to maximise their returns. Dividend distribution, bonus shares, and share repurchase are among many other corporate actions that benefit shareholders. IFF Enterprises, …
Image Source : PTI/FILE PHOTO Vedanta Chairman Anil Agarwal during an MoU signing ceremony between Vedanta-Foxconn Group and Government of Gujarat. Shares of Vedanta Ltd witnessed a notable surge of 5 percent on Tuesday, following a significant announcement regarding a major business shake-up. At the Bombay Stock Exchange (BSE), the stock experienced a robust increase …
Image Source : PEXELS A person working on a laptop The capital goods sector is one of the most critical segments for achieving the vision of Make in India. Soon after coming to power in 2014, the Modi government approved the National Capital Goods Policy to boost manufacturing activities. The policy, which was formulated with …
Image Source : PEXELS A representational picture of a man working on laptop Stock Split: Civil works and engineering services provider Atal Realtech has announced that it could soon approve the sub-division of the face value of its equity shares, or split. The sub-division or split is a kind of corporate event to reward the …