The company’s shares embarked on a one-way rally in June 2020, starting at ₹33.80 apiece, and have steadily surged without notable pullbacks to attain the current trading price of ₹353.70 apiece, reflecting a remarkable gain of 946%. Also Read: LT Foods share price jumps over 9% after Sunil Singhania’s AbakkusRead More →
In a recent note, analysts at Jefferies said that they expect the hotel industry will conclude FY24 on a high note, with continued momentum in Revenue per Available Room (RevPAR) expected to extend into FY25. As per the brokerage, the key drivers propelling this growth include supportive macroeconomic conditions, withRead More →
Despite these fluctuations, investor optimism remains strong, buoyed by positive macroeconomic indicators like inflation and GST collections. Investors on the lookout for opportunities are focusing on companies predicted to experience double-digit growth in the near term. With this context, we delve into the top five companies expected to see overRead More →
In the past less than a week, bitcoin has dropped over 10 percent from its all time high of $73,083 it hit on March 13 at trade at $65,300 in the early hours on Sunday. Other crypto tokens also followed the downward trend. Ether fell 6.43 percent to tradeRead More →
Top News Open ended equity mutual funds witnessed inflows of Rs. 18,105 crore in February 2024. The net Asset Under Management (AUM) of the overall mutual fund industry stood at ₹23.12 Lakh crore. Shares of Platinum Industries and Exicom Tele-Systems got listed at a premium of 31% and 86% over issue price ofRead More →
As per the expert, IndusInd Bank, currently trading at ₹1,550, has recently broken out of its range by forming a new higher high and higher low, indicating a strong uptrend. The immediate resistance is near the ₹1,690 level, and the current price is exhibiting strong bullish momentum, expected to continueRead More →
Market sentiment is buoyant due to strong domestic macroeconomic indicators and increasing optimism regarding potential interest rate cuts by the Federal Reserve in the near future. Nevertheless, experts warn that the market has discounted most positives and a correction could be imminent due to the lack of fresh triggers. “TheRead More →
Currently trading at ₹125, FedFina is down almost 11 percent from its issue price. The stock witnessed a weak debut and was listed on the bourses at ₹137.7 on November 30. The stock has gained around 5 percent in March so far, snapping 3 months of losses. It fell 9Read More →
But the question remains: Is it still a good ‘buy’? Let’s see what technical and fundamental experts have to say. Stock Price Trend Zomato share price has surged over 200 percent in the last one year and over 30 percent in 2024 YTD. In comparison, the benchmark Nifty has advancedRead More →
The brokerage has a ‘buy’ call on the stock with a target price of 995, implying a potential upside of 10 percent from its current market price of ₹905 (as on February 23, 2024). HG Infra Engineering, established in 2003, is an infrastructure company headquartered in Jaipur, Rajasthan. The companyRead More →
