HDFC Bank’s share price tumbled 8.6 per cent on Thursday to hit a fresh 52-week low of Rs 770, as investor sentiment weakened following the resignation of part-time Chairman Atanu Chakraborty. The stock came under sharp selling pressure after Chakraborty stepped down, citing concerns over certain internal developments that he said were not in alignment…
Indian cement stocks were in focus as brokerages Motilal Oswal Financial Services (MOSL) and Nuvama Institutional Equities reiterated a positive outlook for the sector, citing resilient domestic demand and stable pricing trends despite rising cost pressures. Analysts expect cement demand to remain healthy in the March quarter, supported by steady volumes, while recent corrections in…
LG Electronics Share Price Target 2026: Motilal Oswal Securities (MOSL) has reiterated its ‘BUY’ rating on LG Electronics, assigning an upside of 18 per cent from the current market price, supported by strong demand momentum, improving margins, and a favourable industry outlook. The share price of LG Electronics settled over 1 per cent or Rs…
In the previous trading session, Jio Financial Services Ltd surged to a closing price of 248.2, marking a strong gain of 4.46%. Following closely, Eternal Ltd advanced to 242.54, up 3.37%, while Tech Mahindra Ltd climbed to 1385.2, a 3.23% increase. Infosys Ltd and Mahindra & Mahindra Ltd also performed well, closing at 1267.1 and…
The chairman, in his resignation, wrote, “I joined the Board of HDFC Bank in May 2021. My tenure on the Board saw momentous events like the merger of the bank with HDFC Ltd, which created a conglomerate under the Bank. This strategic initiative made HDFC Bank the second-largest bank in the country. Though the benefits…
Notably, on March 9, Brent crude surged over 27 per cent to trade at a multi-year high of USD 119 a barrel amid escalating Middle East tensions. The prices later dropped significantly after the announcement of coordinated oil reserve release by major G7 economies. The oil price, although at a multi-year high, were still lower…
Stocks To Watch Today, March 19: Axis Bank, JSW Steel, Delhivery, PhysicsWallah, Amara Raja and others (Image: AI/ET Now) No stock data available Stocks to Watch Today, March 19: Markets are set for an active session as several companies feature in Stocks to Watch Today, driven by key corporate developments and regulatory updates. JSW Steel,…
Highlights Vedanta to consider third interim Dividend on March 23. Shares of Vedanta Limited closed at Rs 679.00 on the NSE on Wednesday, March 18, down 2.91%. In Q3, the company’s net profit surged by 60.1 per cent year-on-year, rising from Rs 3,547 crore to Rs 5,710 crore. Vedanta Dividend Update: One of the world’s…
Mobavenue AI Tech Stock Split 2026: Mobavenue AI Tech Limited today announced that its Board of Directors has approved the stock split of the company’s equity shares in the ratio of 1:5. No stock data available Shares of Mobavenue AI Tech Limited, a digital-first technology company offering AI-powered advertising and consumer growth platforms, might remain…
Sensex Prediction for Thursday, March 19: The market sentiment remains cautiously optimistic heading into Thursday’s session. Analysts expect the indices to maintain a positive bias, supported by improving global cues and easing commodity prices. No stock data available Highlights The 30-share BSE Sensex jumped 633.29 points or 0.83 per cent to settle at 76,704.13. During…
