Here’s a quick look at stocks likely to be in focus in today’s trade. Trent and Bharat Electronics: In a significant move by the National Stock Exchange (NSE), Trent and Bharat Electronics Limited (BEL) will be added to the prestigious Nifty 50 index, effective from September 30. This reshuffle highlights the growing importance of these …
Vodafone Idea has made an exit from Nifty 500 index and Nifty Midcap 100 as part of a semi-annual rejig of NSE’s various indices. Vodafone’s current free-float market capitalisation stands at Rs 36,534 crore and the stock today ended at Rs 15.83, down by Rs 0.37 or 2.28% over the Thursday closing price. Vodafone’s exit …
Trent (TRENT), a subsidiary of Tata Group, and Indian public sector aerospace and defence electronics company Bharat Electronics (BHEL) may find a place in the Nifty 50 index in the Index Maintenance Sub-Committee meeting to be held on August 23, according to JM Financial. LTI Mindtree (LTIM) and Divis Laboratories (DIVI) are likely to be …
UltraTech Cement: The company announced on Monday that its consolidated profit after tax for Q4FY24 surged by 36% YoY to ₹2,258 crore. This exceeded expectations, driven by a reduction in fuel costs and a double-digit increase in volume. In Q4FY23, the company had posted a net profit of ₹1,666 crore. The consolidated revenue from operations …
Just when the shares of Tata Consultancy Services (TCS) hit a fresh lifetime high of Rs 4,254.45 on BSE on Monday, investment banker JP Morgan issued the term sheet of a block deal in which Tata Sons was looking to sell 2.43 crore shares of the software company. The next day, a large block deal …
Shares of Trent Ltd rallied 15 per cent in Thursday’s trade after the Tata group firm reported better-than-expected December quarter earnings. The stock climbed 15 per cent to hit a high of Rs 3,489.65 on BSE. The retailer reported a 124 per cent YoY rise in net profit for the December quarter at Rs 374.36 …
Viacom 18, a subsidiary of Reliance, has secured the media rights to broadcast the inaugural edition of Major League Cricket (MLC), the company announced in a press release. The agreement includes coverage across various platforms, including live streaming on JioCinema and televised coverage on Sports18. Hursh Shrivastava, Viacom18’s Head of Strategy, Partnerships & Acquisitions for …
Viacom18’s sports network, in collaboration with Major League Cricket (MLC), has secured the media rights to exclusively broadcast the inaugural edition of the MLC tournament on Sports18 channel and the JioCinema app in India. The tournament will commence on July 13, featuring a match between the Texas Super Kings and the Los Angeles Knight Riders …