Latest Stock Market News

Buy Trident, target price Rs 40: JM Financial

Updated at : 2023-02-02 14:20:02

Rate this item

(1 Vote)

Trident, incorporated in the year 1990, is a Mid Cap company (having a market cap of Rs 17071.45 Crore) operating in Textiles sector.

“Over a period of time, we have seen that the government doing step by step reducing the tax incentives and reducing the number of instruments and the number of choices that we have to manage personal tax rates. What has happened in insurance is one more step in that direction.”

If we look at the data from past 15 Budgets, compiled by Apurva Sheth, Head of Market Perspectives and Research, SAMCO Securities, Nifty has bounced back with stellar gains one week after the presentation of the budget whenever the fall in previous week of the budget presentation is more than 1.5%.

Rate this item

(1 Vote)

JM Financial has reduced its earnings by 10% in FY24/25 adjusting for higher costs, depreciation and lower other income.

Rate this item

(1 Vote)

Promoters held 51.2 per cent stake in the company as of 31-Dec-2022, while FII and DII ownership stood at 11.8 per cent and 3.79 per cent, respectively.

Rate this item

(1 Vote)

A total of 10,244 shares changed hands on the counter till 01:27PM (IST)

Rate this item

(1 Vote)

“Powell’s comments, along with the robust release of ADP Employment Data, make the markets believe that the committee may remain too dovish regarding how high rates will go and how long they will stay there,” said Heena Naik, research analyst - currency at Angel One.

BEL shares up 1.43% as Nifty gains

Updated at : 2023-02-02 13:20:04

Rate this item

(1 Vote)

The stock quoted a 52-week high price of Rs 115.0 and low of Rs 62.29.

Rate this item

(1 Vote)

Britannia Industries, incorporated in the year 1918, is a Large Cap company (having a market cap of Rs 109483.07 Crore) operating in FMCG sector.

Ambuja Cements shares up 4.72% as Nifty falls

Updated at : 2023-02-02 12:20:03

Rate this item

(1 Vote)

The stock quoted a 52-week high price of Rs 598.15 and low of Rs 274.0.

Warning! Information Posting in this website is only for educational purpose. We are not responsible for losses incurred in Trading based on this information.