CDSL earnings may get a boost as per Jefferies but no upgrades in sight – Explained
CDSL is currently trading at 50 times its one-year forward estimated Earnings Per Share (EPS), which is well below its historical peak multiples of 80 times.
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Veegaland Developers IPO opens September 10: GMP signals 14% listing gain; should you subscribe?
Veegaland Developers IPO: The price band for the issue has been fixed at ₹130-140 per share, valuing the company at ₹682.5 crore. The lot size is 107 shares, with the minimum investment for a retail investor at ₹14,980, based on…
Vodafone Idea share price gets a ₹20 target from Jefferies; Here’s why it says ‘buy’
Although Vodafone Idea is the most leveraged beneficiary of the tariff hikes, Jefferies believes every 10% increase in tariffs will drive an equity value upside of around 34% for the telecom company. The brokerage has cited execution and funding risks…
SS Retail IPO: Price band fixed at ₹403-424; issue opens Sept 16
SS Retail has fixed the price band for its ₹500 crore IPO. The issue will open for subscription on September 16 and close on September 18, with a minimum investment of ₹14,840 for retail investors.
Gold, silver prices today: What’s behind the latest move in bullion
Gold prices firmed, silver edged lower as investors weighed West Asia tensions, oil above $100, and upcoming US inflation data.
IRB Infra shares in focus after 25% growth in August toll revenue from last year
There were a total of eight assets in the IRB InvIT Fund (Public InvIT) segment and six of them reported an increase in revenue in August.
Dow Jones falls 1,300 points in three sessions as bond markets, oil prices add to pressure
On the flip side, the US Dollar weakness continues as the US treasury continues to focus on strengthening the Japanese Yen. The US Dollar index on Wednesday closed at a seven-month low, registering its lowest close since February 17.
Sensex Today | Stock Market Live Updates: ‘Oversold’ Nifty aims for a bounce but Brent crosses $101
Stock Market LIVE Updates: The Nifty 50 has already lost 900 points in the September series so far. Will the oversold levels bring a bounce? Or will the elevated crude prices and bond yields continue to dampen sentiments? Watch this…
Aditya Infotech reports fire at Andhra Pradesh plant; ₹28 crore loss estimated
Shares of Aditya Infotech Ltd ended at ₹3,743.15, down by ₹84.05, or 2.20%, on the BSE.
Dell stock hits record high as AI infrastructure demand drives rally
Dell Technologies shares hit a record $538.47, driven by strong AI infrastructure demand. The company will raise $5 billion from a bond sale, with investor orders reaching $23 billion.