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Vodafone Idea had to pay a license fee of around Rs 770 crore by July and Rs 1,680 crore as the first installment for the spectrum it purchased in auctions that were held last year.

Mentha oil futures have jumped more than 18% in August and are currently trading at a 4-month high level, riding on sentiments around the fall in output and amid hopes prices could remain firm, said experts.

It became increasingly difficult for Gold to compete on Yield in recent sessions. Speculation also persisted of a robust US jobless claims report last week suggesting that a resilient economy is making employers reluctant to reduce headcount.

As of 30-Jun-2023, promoters held 50.53 per cent stake in the company, while FIIs held 20.03 per cent and domestic institutional investors had 7.29 per cent.

The Relative Strength Index of the stock stood at 63.05 on Wednesday.

So we expect to do better than what we have done historically, which was a CAGR growth of 18%. And this as economies of scale would kick in once a new site starts ramping up, we see our margin profiling being better than what it has been historically, which has been in the range of around 40%.

“Bharat Forge will be a company that will create a lot of new companies within it but won’t be a holding company. Good days will come because either as a company or as promoters we do not have any stress. The company is not loaded with debt. We have lots of opportunities. We have great people. Our biggest strength more than anything else is the phenomenal people we have in every part of our business right from the shop floor to the engineering to sales and marketing.”

Tata Communications, incorporated in the year 1986, is a Mid Cap company (having a market cap of Rs 51314.25 Crore) operating in Telecommunications sector.

In the next four months, a total of 37 companies including Ideaforge, Netweb Technologies among others are slated to have their pre-listing shareholder lock-ins lifted.

Falling channel breakout and price resuming uptrend after taking support at 20 day EMA,indicating further upsides in coming sessions.