May 25, 2024, 10:40:39 AM IST Low PE stocks, often regarded as value stocks, are typically favoured for long-term investment strategies. According to Trendlyne data, SBI, LIC, Infosys, HCL Tech, and L&T are currently trading at lower PE ratios compared to their respective industry averages. Despite belonging to different sectors, these stocks have the potential …
Aditya Birla Capital: The board approved the amalgamation of the wholly owned unit Aditya Birla Finance with the company. The merger is subject to the sanction of the National Company Law Tribunal and other necessary approvals from the Reserve Bank of India and other shareholders. * ITC:* British American Tobacco is preparing to kick off …
Block size increased with promoter Rakesh Gangwal now looking to sell up to 5.8% equity to raise nearly ₹6,600 crore. The floor price is said to be ₹2,925 per share, which is a 5.8% discount to Thursday’s closing price. It was earlier reported that Gangwal plans to sell up to 3.3% equity in the block …
It was a long and volatile week gone by but markets managed to reclaim record highS, in continuation to the prevailing trend. In today’s trade a number of shares will be in focus today. SMS PharmaThe European Directorate for the Quality of Medicines & HealthCare conducted a GMP inspection of the company’s API manufacturing facility …
Vodafone-Idea: Cash-strapped private telecom operator, Vodafone-Idea, on Tuesday saw its board approve a ₹45,000-crore fund raising initiative—including a ₹20,000 crore equity-based fund raise from existing investors. A shareholder meet for the fund raise is expected to take place on 2 April, post which the operator expects to complete the equity fund raise by the end …
Tata Steel. Share Price 143.90 04:02 PM | 21 Feb 2024 2.85(2.03%) State Bank of India Share Price 771.50 04:02 PM | 21 Feb 2024 11.40(1.50%) IndusInd Bank. Share Price 1517.25 04:02 PM | 21 Feb 2024 13.05(0.87%) JSW Steel. Share Price 828.25 04:02 PM | 21 Feb 2024 7.05(0.86%) Tata Consumer Products. Share Price …
IRCTC Q3 FY24 (Consolidated, YoY) Revenue up 21.81% at Rs 1,118.3 crore vs Rs 918.06 crore (Bloomberg estimate: Rs 1,069.78 crore). Ebitda up 20.92% at Rs 393.97 crore vs Rs 325.8 crore (Bloomberg estimate: Rs 377.03 crore). Margin narrows 25 bps to 35.22% vs 35.48% (Bloomberg estimate: 35.20%). Net profit up 17.4% at Rs 299.99 …
Adani Group: US-headquartered ratings firm Moody’s upgraded the ratings of two green energy firms and two electricity generation and distribution firms of the Adani Group following improved financials, timely debt repayments and a capital infusion by the group over the past year. On Tuesday, Moody’s upgraded the ratings of four Adani firms to stable — …
IPO Rating: Apply for the long-term About the Issue: BLS E-Services Ltd serves as a technology-enabled digital service provider, offering three key services including business correspondent services to leading banks in …
Following are the top ten stocks that are likely to be in focus on Tuesday: Bajaj Auto: The company has announced a share buyback after its board approved the proposal to buy back up to 4,000,000 shares of face value of ₹10 each for ₹10,000 per share for a total consideration not exceeding ₹4,000 crore. …