Shares of Shein Global Holdings Ltd. fell as much as 12.1% to a record low, after the online fashion retailer reported a 53% plunge in first-half operating income in its inaugural earnings as a public company. The drop was Shein’s biggest since its Hong Kong debut on Sept. 1 and cut its market value to…
Shares of Eternal Ltd., the parent company of Zomato and Blinkit, will be in focus on Tuesday, September 29, after global brokerage Goldman Sachs raised its price target on the stock. Goldman Sachs has maintained its ‘Buy’ recommendation on Eternal and raised its price target to ₹385 per share from its previous target. The revised…
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Order wins and new contracts could keep several stocks in focus in Tuesday’s trading session. Ellenbarrie Industrial Gases, Power Mech Projects, Vikram Solar, NCC and Newgen Software have announced new orders or contracts, while GE Shipping has entered into an agreement to acquire a new Suezmax tanker. ELLENBARRIE INDUSTRIAL GASES Ellenbarrie Industrial Gases has secured…
Sensex Today | Stock Market Live Updates: The last 30 minutes of today’s session will be crucial, as the NSE rebalancing will coincide with the Closing Auction Session (CAS). Analysts believe that a short-covering move will only happen once the Nifty closes above the 23,000 mark, else there is a fear that the index could…
Anthropic’s IPO prospectus, reviewed by Reuters, laid out a sweeping vision in which AI would reshape the global economy more profoundly than industrialisation, electricity and the internet, as the Claude maker moved closer to what could be the first listing by a frontier AI lab. Here is a look at the road to the planned…
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Maharashtra’s drought declaration is not just a rural distress story. With 265 tehsils — around 74% of the state — classified under the Trigger-1 drought category, the government’s 12-point relief package could have wider implications for state finances, lenders and rural demand. The immediate focus of the measures is on water, food and fodder availability….
