Tag: Livemint
Shyam Metalics IPO: What is grey market premium (GMP) signaling for the issue?
If we look at Shyam Metalics IPO grey market premium , it looks that the IPO is poised for bumper subscription as there are still two days left for bidding. Ravi Singhal of GCL security went on to add that Shyam Metalics IPO GMP has remained around ₹150 for the last four days that is […]
Sona Comstar IPO: Grey market premium, other details in 10 points
2] Sona Comstar IPO rating: Experts have given ‘buy’ tag to the Sona Comstar IPO as the company’s fundamentals are looking strong. Saurabh Joshi Research Analyst at Marwadi Shares and Finance Ltd said, “Considering the FY-21 adjusted EPS of 3.69 on a post-issue basis, the company is going to list at PE of 78.9X with […]
Stocks to Watch: Adani Group, BHEL, Coal India, SBI Card, Tata Motors
BHEL: The company reported a Q4FY21 consolidated net loss of ₹1,036.32 crore, compared to ₹1,532 crore a year ago, it remained loss making at the operating level. The company’s board has approved a final dividend of ₹3.50 per equity share of face value of ₹10 each for the financial year 2020-21, CIL said in a […]
Rakesh Jhunjhunwala portfolio: Experts give ‘buy’ tag to this lifestyle stock
Rakesh Jhunjhunwala net worth in Titan Company shares logged more than 18 per cent rise in last one month as the lifestyle stock rose from ₹1455.85 per stock levels to ₹1729.50 in this period. Speaking on the fundamentals that are important from Titan Company share price perspective Avinash Gorakshkar, Head of Research at Profitmart Securities […]
Why Anil Ambani’s ADAG group stocks are rising — explained
The Anil Dhirubhai Ambani Group or ADAG group share Reliance Infra hit its 52-week high on 11th June and gave more than 15 per cent profit to its share holders last week. Speaking on the reason for rise in Anil Ambani’s ADAG group shares Asutosh Mishra, Head of Research – Institutional Equity at Ashika Stock […]
9GW green contracts to be auctioned
These contracts that require an investment of over $4 billion are being offered after a long lull, and are for setting up solar, hybrid and wind energy projects. “While 6.68GW is being tendered by SECI, 1.5GW is being tendered by RUMSL at its solar parks at Agar, Shajapur and Neemuch. While India’s wind power tariffs […]
Gold prices today fall sharply again, down ₹800 in 2 days
On MCX, gold futures were down 1% to ₹48,400 per 10 gram, extending losses to the second session. In global markets, gold prices were down 0.6% today to $1,864.58 per ounce, its lowest in more than one week. Gold is likely to be on weaker side today with support seen at $1855, says domestic brokerage […]
JSW Cement enters construction chemicals biz, launches green products
“With advances in green product technologies, this sector will see a dynamic shift from conventional construction mix ratios to extracted by-product engineered compositions. …Read the full story
Mandatory gold hallmarking to be implemented from tomorrow: 10 things to know
According to a report in PTI, a committee, headed by Bureau of Indian Standards Director-General Pramod Tewari, has been formed to ensure proper coordination and resolve the implementation issues. …Read the full story
NTPC invites EoIs for hydrogen pilots
“Through the projects, NTPC is looking to further strengthen its footprint in green and clean fuel. Looking at these as early adopter use case of hydrogen-based technologies, NTPC is working towards creating solutions which are a green alternative to Diesel Generators,” the statement said. The draft proposal, which recommends green hydrogen exports to Japan, South […]
Delhi unlock: People throng markets, flout Covid rules after ease in lockdown curbs
However, in religious places, no visitors will be allowed to enter, CM Kejriwal said. However, the CM explicitly said the ease in curbs would be monitored for a week. …Read the full story
Harsh Goenka lists out 5 reasons why not to invest in cryptocurrencies in India
Harsh Goenka, Chairman of RPG Enterprises, states ‘volatility’, ‘regulatory factors’ and the fact that cryptocurrencies do not derive value from any asset are the sole reasons why he will never invest in it. One said, Sir, point 1 is correct only for Bitcoin, there are other cryptocurrencies like Uniswap – which is like a crypto […]
Delhi unlock: All markets to reopen from tomorrow with some restrictions, says CM Kejriwal
The CM said that while weekly markets will resume activity, but only one market will open in one zone on a day. While shops were earlier functioning in an odd-even format, all establishments will now be allowed to open. “We will observe this for one week. The government has decided against reopening schools, colleges and […]
Should fall in crypto trading volume concern Indian investors?
MUMBAI: As an asset class, cryptocurrencies have seen an exponential increase in global investor interest over the past year and had peaked in April this year. “There has been a barrage of news that has been influencing increased price volatility in most cryptocurrencies, which has deterred many crypto traders from taking on incremental risk. In […]
Inflation data, US monetary policy to influence stock markets, say analysts
“This week, India’s inflation data for May will be the key economic driver in the domestic market. “The key factors to watch out for remains the pace of vaccination and the re-opening of the economy. …Read the full story
Delhi unlock: As cases dip, will salons and weekly markets reopen next week?
“There is a likelihood of the Delhi government announcing more relaxations like reopening salons and weekly markets from next week. …Read the full story
GAIL, BHEL to Power Grid — Experts recommend ‘buy’ on these 5 PSU shares
According to stock market experts, Indian indices are at record high but some quality stocks are still available at discounted price and these stocks may showcase sharp rally after a single trigger. Unveiling investment strategy in GAIL shares Sabri Hazarika, Researdcyh Analyst at Emkay Global said, “GAIL expects 6-8 per cent volume CAGR in next […]
Bitcoin, Ether, Dogecoin prices fall today as weekend jinx continues
In its weekly trade report, Zebpay, a cryptocurrency exchange, said Bitcoin has been quite volatile this week. Ethereum, on the other hand, has been pretty range-bound. “In the second half of the week, an upward trend has set in, in the markets. However, a proposal from the global regulators that banks must set aside enough […]
Gold prices dip. Experts say good opportunity for yellow metal investors
The bullion experts went on to add that any dip in the precious metal should be seen as an opportunity to buy as gold price may rise up to ₹53,500 per 10 gm levels by the end of 2021. …Read the full story