Even though the NCLT has pushed the case to a later date in July, this will foster moment when it would be subjected to further examination and intense arguments. The drama over the delisting of ICICI Securities is still unfolding and has experienced yet another...
Market volatility may decrease as election phases advance and investors realign their positions. At the same time, Foreign Institutional Investors (FIIs) are making substantial sales to avoid uncertainties related to the elections. On 15 May, the BSE Sensex and NSE...
DLF’s revenue rose by almost 47% YoY to Rs 2,135 cr in the March quarter as against Rs 1,456 cr for the same period last year. However, DLF stock fell more than 2% on May 15 even though it reported strong fourth quarter numbers, positive management commentary and...
During the last week, the percentage of foreigners’ investments in long-term local bonds with 10 years or more maturity has increased to 17% while it was at 11% in September. On the other hand within the same period, Bloomberg’s numbers show that investments into...
According to Nuvama, Zomato’s journey towards profitability might accelerate due to rising contribution margins. Brokerages predict that the stock could see up to a 26 percent increase from its last closing price. Zomato has been given a “buy” by Nomura with a...
