Small cap funds have shown impressive returns over the last five and ten years, with potential for high volatility. Investment experts recommend caution and a long-term horizon for aggressive investors. Learn more about the risk and reward profile of small cap schemes.
The stock quoted a 52-week high price of Rs 6442.65 and a 52-week low of Rs 4518.35.
The upcoming Hyundai Motor India IPO could be priced at different levels, ranging from Rs 1,265 to Rs 1,988 per share. With plans to raise $3.5 billion, the company aims to capitalize on the low-penetrated Indian car market. Valuation concerns compared to global peers have been highlighted by experts.
In a historic event for India's civil services, Ms. M Anusuya, an IRS officer at the Central Excise Customs Excise & Service Tax Appellate Tribunal (CESTAT) in Hyderabad, has been officially recognized as Mr. M Anukathir Surya. The Union Finance Ministry confirmed this name and gender change, marking a significant first in Indian civil services history.
A total of 506,009 shares changed hands on the counter till 11:26AM (IST)
M&M shares fell 6% due to XUV700 price cuts. Countering peer discounts and weak sales, cuts could lower earnings but increase volumes. AX7, AX7L trims are 50-60% of 6,000-8,000/month volume. Axis Capital sets a target price at Rs 3,150. Domestic brokerage firm estimates 2-3% impact on overall EBITDA. Cuts affect EBITDA by Rs 300-350 mn/month for four months.
A total of 68,821 shares changed hands on the counter till 11:21AM (IST)
The Nifty Auto index was trading 2.35 per cent down at 25217.8.
The banking sector may see disappointing earnings due to challenges in net interest margins and rising provisions, says Dipan Mehta, Director, Elixir Equities. FMCG and traditional consumption stocks are under pressure, while airline companies like IndiGo show positive long-term prospects. Electric two-wheelers, particularly from Ola Electric, are expected to disrupt the industry.
The stock quoted a 52-week high price of Rs 42850.0 and low of Rs 33100.0.
NDR Auto Components, IZMO, RPP Infra Proj, CAMS and Rolex Rings, hit their fresh 52-week highs at 11:15AM.
Skoda India is planning an aggressive expansion over the next 12-14 months. Alongside the new Kodiaq, the brand will introduce a compact SUV, the Octavia vRS, and updates to the Kushaq and Slavia (which won’t be facelifts). However, the most significant launches will be two new electric vehicles.
A total of 261,846 shares changed hands on the counter till 11:11AM (IST)
The 30-share BSE Sensex was down 743.79 points at 79607.85
The Supreme Court has deemed permissible the West Bengal government's lawsuit challenging the Central Bureau of Investigation (CBI) conducting investigations within the State without the legally required prior consent.
A total of 15,695 shares changed hands on the counter till 11:06AM (IST).
The Nifty Realty index was trading 0.85 per cent down at 1117.5.
The Enforcement Directorate conducted searches across four states, including at properties of former Karnataka minister B Nagendra and MLA B Daddal. The raids were a part of a money laundering probe related to alleged irregularities in the Karnataka Maharshi Valmiki Scheduled Tribes Development Corporation Limited. Around 20 locations were covered in Karnataka, Andhra Pradesh, Telangana, and another state under the Prevention of Money Laundering Act. The investigation focuses on illegal money transfers... Читать дальше...
iPhone maker Apple had also been expected to take an observer role on OpenAI's board but would not do so, the Financial Times reported, citing a person with direct knowledge of the matter. Apple did not respond to a request for comment.
A total of 14,729 shares changed hands on the counter till 11:01AM (IST).
The 30-share BSE Sensex was down 727.64 points at 79624.0
Effwa Infra and Research's Rs 51.27 crore IPO, with shares trading at a Rs 120 premium, will finalize allotment soon through Link Bigshare Services. Listing at 90% gains on July 11, IPO priced at Rs 82 and subscribed 200 times. Proceeds for working capital. Shreni Shares manager. Specializes in consultancy, water pollution control, net profit Rs 13.8 crore.
Delta Corp Q1 FY24 profit fell 34% to Rs 40.48 crore; gaming revenue decreased 16% YoY to Rs 130 crore and hospitality to Rs 12 crore.
A total of 12,019 shares changed hands on the counter till 10:56AM (IST).
