Shares of the Indian Railway Finance Corporation (IRFC) Ltd. are in focus as bids for its offer for sale (OFS) open for non-retail investors on Wednesday, June 24. The Centre is looking at divesting 1% stake, or 13.06 crore shares, in IRFC with an additional 1%, or another 13.06 crore shares, via a greenshoe option….
Brokerage firm Motilal Oswal remains cautious on both Tata Motors-listed entities, namely Tata Motors Commercial Vehicles (TMCV) and Tata Motors Passenger Vehicles (TMPV). For TMCV, the brokerage has maintained its ‘Neutral’ rating with a price target of ₹416 per share, implying an upside of just 4% from current levels. Motilal Oswal recently attended TMCV‘s annual…
The brokerage said Tata Motors PV is targeting 15 per cent compound annual volume growth over FY26-31, significantly ahead of the 6-7 per cent industry pace, and aims to lift domestic market share to 20 per cent from 13.5 per cent. Growth is expected to be supported by six new nameplates, including three EVs, over…
Oil prices inch higher but stay below $80 amid middle east de-escalation; Brent at $78 Source link
Wednesday, June 24, is the record date for Bajaj Auto’s ₹5,632 crore share buyback. Investors who held Bajaj Auto shares at the close of trading on Tuesday, June 23, will be eligible to participate in the buyback. The company will determine eligible shareholders based on its records as of the record date. Bajaj Auto had…
Sensex Today | Stock Market LIVE Updates: Reclaiming that 23,800 level will be the first target of the bulls before seeking a move back to the 24,000 mark. After ending at the day’s low, the Nifty Bank is back at the lower end of the 57,000 – 58,000 range, one that the bulls would want…
Anil Agarwal-owned mining conglomerate Vedanta Ltd. witnessed a block deal on Tuesday, June 23, where as many as 7.3 crore shares changed hands. The stock is down as much as 7% in early trading on Tuesday. The number of shares that changed hands amount to 1.7% of the company’s outstanding equity. Shares changed hands at…
Stocks to Watch Today, June 24: Tata Power, IRFC, IOCL, Honasa Consumer, Swiggy and others (Image: AI/ET Now) Stocks to Watch Today, June 24: Indian stocks are likely to see action on Wednesday with investors tracking a series of corporate developments, including the government’s stake sale in IRFC, fundraising plans at Yes Bank, strategic acquisitions…
Shares of ZF Commercial Vehicle Control Systems Ltd., formerly known as WABCO India, will be in focus on Wednesday, June 24, as the company will begin trading adjusted for the bonus issue of shares announced earlier. The company has announced a bonus issue in the ratio of 5:1, which means eligible shareholders will receive five…
Shares of Tata Group firm Titan Company Ltd. traded marginally higher on Tuesday, June 23, after recovering from a weak opening. The stock had rallied in six of the seven trading sessions between June 12 and June 19 before witnessing some profit booking in the previous session. Global brokerage UBS has maintained its ‘Buy’ rating…
