Here’s a quick look at stocks likely to be in focus in today’s trade. Cochin Shipyard: The government has announced plans to divest a 5 percent stake in Cochin Shipyard through an Offer for Sale (OFS), with the floor price set at ₹1,540 per share. The OFS includes a base offer of 2.5 percent, … Read more
Here’s a quick look at stocks likely to be in focus in today’s trade. Reliance Industries (RIL): RIL’s consolidated profit for Q2 FY25 declined by 4.8 percent year-on-year to ₹16,563 crore, missing analyst estimates. This marks the third consecutive quarter of declining profits, driven by weakness in the oil-to-chemicals (O2C) segment. However, the digital services … Read more
Penny stock under Re 1: Srestha Finvest is one of those stocks that will be in focus on Monday. The board of directors of the small-cap stock has fixed a board meeting date on 9th October 2024 to consider the proposal for raising funds. The penny stock under Re 1 has informed the Indian stock … Read more
Stock in focus: Zee Media shares have been on an uptrend for the last one week. In the previous five straight sessions, Zee Media’s share price has ascended from around ₹13 to ₹20.75 apiece on the NSE, recording a nearly 55% rally. However, the Zee Media stock is expected to remain in focus when the … Read more
Penny stock under ₹2: Filatex Fashions’ share price is expected to be in focus when the Indian stock market resumes trading activities on Monday. On Friday, the small-cap stock was in focus for receiving an export order worth ₹293 crore for the supply of 2,97,388 metric tonnes of White Marble. The Company’s subsidiary in the … Read more
UltraTech Cement and India Cements: UltraTech Cement’s Board approved the purchase of a 32.72% equity stake in India Cements from its promoters and their associates for ₹3,954 crore at ₹390 per share. This stake sale will trigger a mandatory open offer at ₹390/share, subject to regulatory approvals. The price offered is 4.1% higher than ICL … Read more
Dividend stocks: Shares of Voltas Ltd, Tata Elxsi Ltd, Cera Sanitaryware Ltd, Alkyl Amines Chemicals Ltd, Bharat Parenterals Ltd, and Filtra Consultants and Engineers Ltd will be in focus when the stock market opens on June 25, Tuesday. The Board of Directors of the six companies had declared final dividends for their eligible shareholders. These … Read more
Macrotech Developers: The company, operating under the ‘Lodha’ brand, has increased its pre-sales forecast for 2024-25 by 20% to ₹17,500 crore, backed by robust demand and a strong launch pipeline, according to a senior company official. The Mumbai-based developer achieved a record high of ₹14,520 crore in pre-sales in FY24. On Wednesday, the real estate … Read more
Stock market next week: When the Indian stock market opens on Monday, EaseMyTrip shares will be in focus as the tour and travel company has infused capital in the Mumbai-based company Etrav Tech Ltd. In a press statement issued by Etrav Tech Ltd, it has been declared that the tour and travel company has infused … Read more
Larsen and Toubro: L&T Defence, the defence equipment arm of Larsen and Toubro, plans to expand into the production of non-military equipment and infrastructure. This strategy aims to optimize the use of its assets while the company anticipates securing larger defence contracts. To align with this new business approach, the division has been renamed L&T … Read more