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Hyundai Motor India: Hyundai Motor India in MSCI Global Index

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[hfe_template id='11223'] [ad_1] Mumbai: Global index provider MSCI has included Hyundai Motor India in its Global Standard Index and removed Adani Green Energy from the measure as part of its February review. The changes, announced on Wednesday, will take effect after market close on February 28. Hyundai India launched its initial public offering (IPO) in October, raising ₹27,870 crore, making it the largest IPO in Indian stock market history. The stock is currently trading about 7.7% lower than its offer price of ₹1,960. The weights of IndusInd Bank, Zomato, Varun Beverages, Mankind Pharma, Torrent Pharmaceuticals, Dixon Technologies, PB Fintech, Adani Enterprises, and Voltas have increased in the MSCI Standard Index. According to Abhilash Pagaria of Nuvama Alternative & Quantitative Research, India's weight in the Emerging Markets (EM) index, currently around 18.8%, is expected to rise to 19% by the adjustment date. This will result in net passive inflows of $...

Stocks in news: Stocks in news: IndiGo, JSW Steel, Adani Green, Indus Towers, Dr Reddy's, Patanjali Foods

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[hfe_template id='11223'] [ad_1] The markets extended Wednesday's rebound on the weekly expiry day, ending with modest gains. In today's trade, shares of IndiGo, JSW Steel, Adani Green, Indus Towers, Dr Reddy's, Patanjali Foods among others will be in focus due to various news developments and third quarter results. IndiGo, JSW Steel, DLF, Godrej Consumer Shares of IndiGo, JSW Steel, DLF and Godrej Consumer will be in focus as the companies will announce their third quarter results later today. Adani Green Adani Green Energy reported a 85% year-on-year jump in its December quarter consolidated net profit at Rs 474 crore versus Rs 256 crore posted in the year ago period. ZEE ZEE Entertainment Enterprises (ZEEL) reported 180% year-on-year (YoY) growth in its consolidated net profit at Rs 164 crore in the third quarter, while operating revenue declined 3% YoY to Rs 1,979 crore. Indus Towers Indus Towers to enter EV charging infrastructure sector as the company l...

Stocks in news: Tata Steel, Mankind Pharma, NTPC, Jindal Worldwide, Signature Global

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[hfe_template id='11223'] [ad_1] Domestic markets saw a breather after Monday's sharp decline, ending marginally higher. In today's trade, shares of Tata Steel, Mankind Pharma, NTPC, Jindal Worldwide, Signature Global among others will be in focus due to various news developments. Tata Steel Tate Steel India's crude steel production jumped 6% year-on-year while rising 8% sequentially to 5.68 million tons aided by the commissioning of the 5 MTPA blast furnace at Kalinganagar in September. Tata Elxsi Tata Elxsi has inked an initial pact with CSIR-National Aerospace Laboratories (CSIR-NAL) for a strategic partnership in advanced air mobility amid a rapidly evolving market for unmanned aerial vehicles and urban air mobility globally. NTPC State-owned NTPC incorporated a wholly-owned subsidiary, NTPC Parmanu Urja Nigam for nuclear energy initiatives. Mankind Pharma Mankind Pharma pledged remaining 56.31% shares of Bharat Serums and vaccines in favour of Catalyst T...

Nifty valuations moderate from 2024 highs, Zomato among 10 top stock picks: Motilal Oswal

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[hfe_template id='11223'] [ad_1] As Nifty valuations ease from their 2024 highs, Zomato, HDFC Bank, and Bharti Airtel have emerged as top 10 large-cap stock picks for 2025 from brokerage Motilal Oswal. With the Nifty's price-to-earnings ratio adjusting from its peak, and the index ending the year with 9% returns, analysts believe the index is now better positioned for a more balanced outlook, signaling opportunities in sectors like IT, healthcare, and consumer discretionary. Motilal Oswal has named several stocks to watch in 2025, including HDFC Bank, Bharti Airtel, SBI, L&T, HCL Tech, Mahindra & Mahindra, Zomato, Titan Company, Mankind Pharma, and Dixon Technologies among its large-cap picks. The outlook for these stocks is driven by strong domestic liquidity, solid performance in sectors like banking, telecom, and consumer goods, and their overall resilience despite market fluctuations. Zomato, for instance, is expected to benefit from continued growth in t...

These 8 stocks hit 52-week highs, rallied up to 24% in a month - Top Performers

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[hfe_template id='11223'] [ad_1] Indian Railway Finance Corporation Share Price 152.4 03:59 PM | 11 Oct 2024 0.97(0.65%) Suzlon Energy Share Price 74.39 03:59 PM | 11 Oct 2024 -1.05(-1.4%) Indian Renewable Energy Development Agency Share Price 228.61 03:59 PM | 11 Oct 2024 -5.08(-2.18%) Tata Motors Share Price 930.7 03:59 PM | 11 Oct 2024 2.21(0.24%) YES Bank Share Price 21.4 04:00 PM | 11 Oct 2024 -0.03(-0.1%) HDFC Bank Share Price 1651.0 03:59 PM | 11 Oct 2024 -11.41(-0.69%) NHPC Share Price 90.92 03:59 PM | 11 Oct 2024 0.11(0.13%) Rail Vikas Nigam Share Price 475.4 03:59 PM | 11 Oct 2024 -5.16(-1.08%) State Bank of India Share Price 799.75 03:59 PM | 11 Oct 2024 2.65(0.34%) Tata Power Company Share Price 461.15 03:59 PM | 11 Oct 2024 -4.5(-0.97%) Tata Steel Share Price 160.66 03:59 PM | 11 Oct 2024 0.94(0.59%) Adani Power Share Price 642.3 03:58 PM | 11 Oct 2024 -3.11(-0.49%) One97 Communications Share Price 724.5 03:59 PM | 11 Oct 2024 -7.5(-1.03%) Punjab National Ba...

Stocks in news: Delta Corp, Paytm, Delhivery, Mankind Pharma, JSW Steel

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[hfe_template id='11223'] [ad_1] Benchmark indices Sensex and Nifty rebounded on Tuesday, hitting their fresh record closing levels. In today's trade, shares of Delta Corp, Paytm, Delhivery, Mankind Pharma, JSW Steel among others will be in focus due to various news developments and first quarter results. Delta Corp Delta Corp on Tuesday reported a 34% fall in its standalone net profit to Rs 40.48 crore for the first quarter ended June 2024. The same stood at Rs 61.43 crore in the last year period. Paytm The labour ministry has issued a notice to the management of One97 Communications, the parent firm of Paytm, for alleged forced termination of employees. Bandhan Bank Members of the Bandhan Employees’ Welfare Trust have escalated their agitation against Bandhan founder Chandra Shekhar Ghosh and the Trust’s management, seeking legal help to fight for their rights allegedly violated. JSW Steel Private steel maker JSW Steel Ltd on Tuesday announced its consolidated crud...