Tag: stock

Slowdown in growth trends, valuations near term hurdles for Dmart | Stock Market Today

Premium A DMart store in Mumbai. (Photo: Bloomberg) Discount retailer DMart (Avenue Supermarts) hit its highest levels in a year and a half last week and is up over 11 per cent in the last one month. The company depends on low operating costs to offer the lowest prices to consumers, which enables… Continue reading Slowdown in growth trends, valuations near term hurdles for Dmart | Stock Market Today

California could require workplaces to stock naloxone

A new bill would require California workplaces to stock their first-aid kits with a nasal spray that can prevent opioid overdoses, greatly expanding the range of locations that have the lifesaving medication on hand. Naloxone, commonly sold under the brand name Narcan, can halt a deadly overdose if administered promptly. When the medicine reaches the… Continue reading California could require workplaces to stock naloxone

Street Signs: Shriram Finance and NTPC in spotlight, IPO blues, and more | Stock Market Today

Nifty shake-up: Shriram Finance and NTPC in the spotlight Shriram Finance, NTPC, and several other companies impacted by the latest rebalancing in the National Stock Exchange Nifty indices will be in focus when trading resumes on Tuesday. According to a note by IIFL Alternatives, Shriram Finance is expected to see inflows of nearly… Continue reading Street Signs: Shriram Finance and NTPC in spotlight, IPO blues, and more | Stock Market Today

Maruti India’s gearshift to growth: Turbocharging the product portfolio | Stock Market Today

The stock of the country’s largest passenger vehicle maker, Maruti Suzuki India (MSIL), has been hitting successive all-time highs over the past three trading sessions. The rally in the scrip has helped it notch over a 21 per cent gain since the start of February, outperforming the National Stock Exchange Nifty Auto Index. … Continue reading Maruti India’s gearshift to growth: Turbocharging the product portfolio | Stock Market Today

Aurobindo Pharma hits 2-year high; stock zooms 100% thus far in 2023

Shares of Aurobindo Pharma hit a two-year high of Rs 872.95, as they gained 4 per cent on the BSE in Monday’s intra-day trade after the company got US drug regulator’s approval for skin and bone infection drug. The stock was trading at its highest level since August 2021. Thus far in calendar year 2023,… Continue reading Aurobindo Pharma hits 2-year high; stock zooms 100% thus far in 2023

Varun Beverages rises 3% on strong Q2 results; stock up 26% so far in 2023

Shares of Varun Beverages Limited (VBL) rallied 3 per cent to Rs 832 apiece in Thursday’s intra-day trade, after the company’s revenue rose 13 per cent year-on-year (YoY) to Rs 5,611 crore in the second quarter of calendar year 2023 (Q2CY23).   So far this year, the stock of beverage player surged 26… Continue reading Varun Beverages rises 3% on strong Q2 results; stock up 26% so far in 2023

GE Power gets LoI for contact worth of Rs 444 crore; stock surges 13%

Shares of GE Power India hit a 52-week high of Rs 181 as they surged 13 per cent on the BSE in Wednesday’s intra-day trade, in an otherwise a weak market, after the company received a Letter of Intent (LoI) from Gujarat State Electricity Corporation for contract worth of Rs 444 crore. In an exchange… Continue reading GE Power gets LoI for contact worth of Rs 444 crore; stock surges 13%

DLF’s KP Singh sells entire 0.59% stake for Rs 731 cr: Stock exchange data

Billionaire KP Singh has sold his entire remaining stake in real estate firm DLF for around Rs 731 crore, according to the stock exchange data. It wasn’t clear why Singh, who in June 2020 was named the chairman emeritus, sold the shares in the company that is now headed by his son Rajiv.… Continue reading DLF’s KP Singh sells entire 0.59% stake for Rs 731 cr: Stock exchange data