The 25% tariffs imposed on Canada and Mexico took effect Tuesday along with fresh levies on Chinese imports. In his address to the US Congress, President Donald Trump said that reciprocal tariffs will take effect from April 2 on countries like India, South Korea, the EU, China and others.
Cables & Wires Stocks Update: UltraTech shares down 6%. Analysts predict mild negative reaction foraying entry into C&W space, as the investors have traditionally viewed the company as a pure-play cement firm.
The changes would make Nifty's valuations look more expensive, a key factor for the unrelenting selling by foreign investors in Indian equities since October.
Since 2018, high PE stocks have steadily replaced lower-valuation companies, driven by new entrants from fintech, consumer discretionary, and healthcare. Meanwhile, older economy stocks, including oil & gas, industrials, and traditional lenders, have been phased out. This shift reflects evolving market dynamics favoring growth sectors over legacy industries.
Feb 21, 2025 / 08:30AM GMTOperator Ladies and gentlemen, good afternoon, and welcome to the CIE India's Q4 and full-year CY24 results conference call hosted by
Zen Technologies' shares rebounded 10% on Wednesday after a 31% drop over two sessions, hitting an upper circuit at Rs 1,069.20. The company reported a sequential decline in profitability and revenue for Q3 FY25, with net profit falling 40.8% QoQ. Analysts remain positive, with target prices ranging from Rs 1,650 to Rs 1,970 despite recent setbacks.
"22,800 acted as support for the benchmark Nifty50 recently. "This weekly expiry may be seen in the 22,600-23,300 range," the market expert told Business Today.
Ajax Engineering sold its shares in the price band of Rs 599-629 apiece, which could be applied for a minimum of 23 shares and its multiples to raise a total of Rs 1,269.35 crore.
Feb 14, 2025 / 10:00AM GMTOperator Ladies and gentlemen, good day and welcome to the Q3 and nine months FY25 results conference call of Bajaj Consumer hosted by
India Business News: ICICI Securities resolved alleged stock brokers rules violations by paying Rs 80.4 lakh to the markets regulator Sebi. The settlement followed an insp
ICICI Securities has settled a case with Sebi involving alleged violations of stock broker rules and other market norms by paying a settlement fee of Rs 80.4 lakh. The case stemmed from a joint inspection that identified multiple non-compliances related to margin trading and reporting lapses.
Ashok Leyland shares, flagship of Hinduja Group, gained 2.6% in early trade on Thursday, after the company recorded a 31% rise in net profit at ₹762 crore in the December 2024 quarter.
The initial public offering of Ajax Engineering Ltd. was subscribed 6.45 times on its third and last day of bidding on Wednesday. According to NSE's consolidated data, the Rs 1,269.35-crore IPO received bids for 9,12,11,951 shares against 1,41,49,997 shares on offer.
Ajax Engineering is selling its shares in the price band of Rs 599-629 apiece, which could be applied for a minimum of 23 equity shares and its multiples to raise a total of Rs 1,269.35 crore.
India's share market is currently in a bear phase and experts believe that the ongoing correction is far from over; they recommend that investors avoid making a...