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...
The Rs 13.53-crore offering saw a robust response, with investors subscribing to the issue more than 37 times. Finelistings technologies shares modestly debuted on BSE SME at Rs 127, a slight premium of 3.25% above the offer price of Rs 123. However, the initial gains...
