Shares of Uno Minda Ltd. gained over 2% on Wednesday, July 8, as brokerage firm Motilal Oswal initiated coverage on the stock. The brokerage has initiated coverage on Uno Minda with a “buy” recommendation, and a price target of ₹1,406 per share, which indicates an upside of 25%, and in a bull-case scenario it has…
Shares of Inox India Ltd. gained as much as 5% in trade on Wednesday, July 8, after the company announced it had secured multiple orders worth ₹939 crore across its business segments since May 21. The orders span the Industrial Gas, LNG and Cryo-scientific Solutions businesses. Of the total order value, ₹871 crore came from…
Shares of Orchid Pharma Ltd., known for producing and marketing Active Pharmaceutical Ingredients (APIs) and finished dosage forms, surged as much as 13% on Wednesday, July 8, marking its best single-day gain since August 2024. Why Orchid Pharma Shares Gained On Wednesday? In an exchange filing on Tuesday, Orchid Pharma said that it has signed…
Daksh Grover is a journalist who enjoys exploring the world of business and finance, with a particular focus on markets, commodities, and corporate developments. Over the past few years, Daksh has worked in fast-paced newsroom environments where accuracy and speed go hand-in-hand. Whether it’s breaking updates, market trends, or in-depth analytical pieces, he has gained…
The Nifty 50 appears to be moving away from the 24,500 mark after witnessing gains in the previous sessions. According to SEBI-registered Research Analyst Kunal Bothra, the 24,000 level is likely to act as a key support zone for the NSE’s benchmark index, while 24,500 remains a crucial resistance level. Source link
Kalyan Jewellers Share Price: Shares of Kalyan Jewellers gained over 2.5 per cent on Wednesday (July 8) after the jewellery retailer reported its Q1 business update. At 9:24 am, the stock was trading 2.6 per cent higher at Rs 365. (This story will be updated shortly) Source link
In the previous trading session, HCL Technologies Ltd surged to a closing price of 1168.2, marking a 3.00% gain. Tech Mahindra Ltd advanced 2.92% to close at 1447.5, while Infosys Ltd rose 2.84% to 1071.8. Titan Company Ltd and SBI Life Insurance Company Ltd also performed well, closing at 4604.2 and 1832.3, respectively. Conversely, Trent…
Shares of Kalyan Jewellers India Ltd., the Thrissur, Kerala-based jewelry maker, will continue to remain in focus on Wednesday, July 8, as Citi has reiterated its ‘Buy’ rating on the stock. The brokerage firm has a price target of ₹750, implying a potential upside of nearly 97% from its July 6 closing price of ₹381.25….
An earnings upgrade cycle is likely for private banks, as per brokerage firm HSBC Global Investment Research, which said it prefers them to public sector undertaking (PSU) lenders. In a note dated Wednesday, July 8, the brokerage said the first quarter loan growth was strong for private banks, but their net interest margin (NIM) likely…
Shares of Cochin Shipyard Ltd. are in focus as the Centre’s offer for sale (OFS) opens for retail investors on Wednesday, July 8, a day after the non-retail portion saw healthy subscription. The Centre is looking at divesting up to 5.04% stake or over 1.32 million of its shares in the shipbuilder as part of…
