Shares of Trent, the owner of lifestyle and fashion department store chain Westside, value-fashion chain Zudio and hypermarket Star Bazaar, are in focus as today, June 4 is the record date for its first-ever bonus issue in the ratio of 1:2. According to SEBI’s T+1 settlement rules, investors must buy the company’s shares at least…
Capital gains tax: The cabinet on Wednesday, June 3, in a meeting chaired by Prime Minister Narendra Modi, discussed a significant cut in the taxes paid by global funds on the nation’s bonds, the people said, asking not to be identified as the details are private. The cabinet will also consider whether it should eliminate…
Namit Singh Sengar is a Chief Copy Editor with over seven years of experience in delivering content across diverse domains. Specialising in business news across personal finance, real estate, IPOs and markets, Namit brings an editorial eye and a deep understanding of complex subjects to his work. His educational foundation includes Post Graduate Diploma in…
ICICI Bank share price in focus: Private-sector lender ICICI Bank reported its financial results (standalone and consolidated) for the quarter and year ended March 31, 2026, on April 18. Net Interest Income (NII), a key indicator of a bank’s core earnings, rose to Rs 22979 crore in Q4 FY26, registering an increase of about 8.4%…
Bharat Heavy Electricals Ltd’s shares remained in focus after UBS revised its stance on the stock, downgrading it to ‘Neutral’ while raising the target price to Rs 460, implying a potential upside of nearly 13 per cent from current levels. The brokerage cited a strong and visible order book providing long-term revenue visibility, but flagged…
The stock market witnessed notable movements today as several stocks stood out with significant gains and losses. Among the top gainers, Nestle India Ltd, Coal India Ltd and surged sharply, driven by positive sectoral trends, or favorable market sentiment. These stocks outperformed broader indices, attracting investor interest and heavy trading volumes.On the other hand, the…
Earlier this year, Granules India Ltd said its arm Granules Pharmaceuticals had received tentative approval from the US health regulator for its generic amphetamine extended-release tablets indicated for treatment of attention deficit hyperactivity disorder, with eligibility of 180-day exclusivity. Read Full Article The tentative approval by the US Food and Drug Administration (USFDA) was for…
In the previous trading session, Apollo Hospitals Enterprise Ltd surged to a closing price of 8290.5, marking a 2.48% gain. Tata Motors Passenger Vehicles Ltd advanced 2.04% to close at 398.15, while Max Healthcare Institute Ltd rose 1.78% to 965.55. State Bank of India and ICICI Bank Ltd also saw gains, closing at 970.45 and…
CG Power Share Price Target 2026, CG Power & Industrial Solutions Share Price Target 2026: Brokerage Citi has reviewed the performance of CG Power and Industrial Solutions. The brokerage noted that the company has capacity planned to reach 110,000 MVA by end-CY26 and management targets semiconductor revenue of nearly Rs 60 billion by FY30. The…
Indian IT stocks led by TCS Ltd., Infosys Ltd., Wipro Ltd., HCLTech Ltd. and other midcap peers like Persistent Systems Ltd., Coforge Ltd. will be in the spotlight yet again on Thursday, June 4, after yet another session of sell-off in the US markets. How Much Did Infosys, Wipro Fall Overnight? The US-listed shares of…
