Latest Stock Market News

Rate this item

(1 Vote)

“This was our best-ever Q1 performance,” it said, adding that 75 per cent of the sales growth required to meet their full-year guidance has been achieved in Q1 itself. “We continue to see good demand across segments and whilst we are monitoring the evolving macro-economic conditions closely, we have not yet seen any negative impact on demand for housing from high credibility developers,” Macrotech said.

European shares climb on Just Eat Takeway.com boost

Updated at : 2022-07-06 15:20:03

Rate this item

(1 Vote)

Retail and travel and leisure stocks rose 2.6% and 2.2%, respectively, to led gains among the European sectors.Among single stocks, Just Eat Takeaway.com jumped 14.2% after Amazon agreed to take a 2% stake in struggling U.S. meal delivery business Grubhub and said it will offer its Prime members access to the service for one year.

Rate this item

(1 Vote)

The paper and related products firm has bagged the mega order of Rs 105 crore from National Council of Educational Research and Training (NCERT). The order is for supplying Maplitho paper of 80 GSM in sheets and reels for the printing of textbooks.

Rate this item

(1 Vote)

On the other hand, Morgan Stanley is positive on the banking sector ahead of earnings as it believes that loan growth has been strong and asset quality is also holding up well. It expects lenders to report strong earnings in the June quarter.

Rate this item

(1 Vote)

Khanna sold more than 2.34 lakh equity shares in the company between April to June as she held 17,24,990 equity shares or 1.46 per cent stake in the company as of June 30, 2022. Meanwhile, her stake at the nd of March 31, 2022 was at 1.66 per cent (19,63,104 shares).

The global cryptocurrency market cap was trading lower at the $894.51 billion mark, dropping almost 2 per cent in the last 24 hours. However, the total cryptocurrency trading volume jumped almost 17 per cent to $64.82 billion.

Buy Axis Bank, target price Rs 985: JM Financial

Updated at : 2022-07-06 14:25:04

Rate this item

(1 Vote)

Axis Bank Ltd., incorporated in the year 1993, is a banking company (having a market cap of Rs 201651.74 Crore).

At a PE multiple of 1.9 times, ONGC traded at a 78 per cent discount to its 10-year average of 8.5 times. Tata Steel at 5.9 times traded at a 53 per cent discount to its historic PE of 12.5 times. Coal India (down 53 per cent), Apollo Hospitals (down 38 per cent) and JSW Steel (down 36 per cent) are a few other stocks which are trading at steep discounts to their historical levels.

Rate this item

(1 Vote)

As of 31-Mar-2022, promoters held 0.0 per cent stake in the company, while FIIs held 38.0 per cent and domestic institutional investors had 32.08 per cent.

Crypto lender Voyager files for bankruptcy

Updated at : 2022-07-06 13:25:02

Rate this item

(1 Vote)

In its Chapter 11 bankruptcy filing on Tuesday, Toronto-listed Voyager estimated that it had more than 100,000 creditors and somewhere between $1 billion and $10 billion in crypto assets. The company also recorded the same range for its liabilities.

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