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Rakesh Jhunjhunwala portfolio finds two ace investors buying stake in this stock

Rakesh Jhunjhunwala portfolio finds two ace investors buying stake in this stock

Rakesh Jhunjhunwala portfolio stock Autoline Industries found two ace investors — Utpal Shah and Abhijeet Pai — buying stake in the company during April to June 2021 quarter. However, for surprise to the followers of Big Bull’s portfolio, Rakesh Jhunjhunwala holding in Autoline Industries during the first quarter of FY 2021-22 came down from 5.65 per cent in March 2021 quarter to 4.62 per cent in…

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NBC Chases Olympics Gold in Tokyo Amid Lack of Fans, Missing Athletes

NBC Chases Olympics Gold in Tokyo Amid Lack of Fans, Missing Athletes

NBC Chases Olympics Gold in Tokyo Amid Lack of Fans, Missing Athletes Click here to read full article Source link

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India Engaging Proactively With Switzerland To Obtain Information Under Tax Treaty

India Engaging Proactively With Switzerland To Obtain Information Under Tax Treaty

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Net Profit Rises 4%, Misses Estimates

Net Profit Rises 4%, Misses Estimates

Bajaj Finance Ltd. saw its consolidated net profit rise 4% in the first quarter of fiscal year 2022 compared to the year-ago period. Net profit rose to Rs 1,002 crore in the April-June period from Rs 962 crore crore a year ago, as per its exchange filing. The reported net profit was lower than the Rs 1,356.6 crore consensus estimate of analysts tracked by Bloomberg. Net interest income rose 8% to…

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Amazon Founder To Fly On Board Blue Origin'S New Shepard Rocket Today At 6.30 Pm Ist

Amazon Founder To Fly On Board Blue Origin’S New Shepard Rocket Today At 6.30 Pm Ist

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Gold prices rebound on lower bond yields, Covid-19 Delta variant threat

Gold prices rebound on lower bond yields, Covid-19 Delta variant threat

By Brijesh Patel (Reuters) – Gold prices edged higher on Tuesday, supported by a drop in U.S. bond yields and concerns over a relentless surge in Delta variant infections, although a stronger dollar kept bullion’s gains in check. Spot gold was up 0.2% at $1,815.61 per ounce by 0653 GMT, after hitting a one-week low of $1,794.06 in the previous session. U.S. gold futures gained 0.5% to…

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Port Chief Sees U.S. Import Surge ‘Easily’ Lasting Into 2022

Port Chief Sees U.S. Import Surge ‘Easily’ Lasting Into 2022

Georgia’s Port of Savannah — the largest container gateway on the East Coast after Newark, New Jersey — handled 478,620 20-foot equivalent container units in May, its second-busiest month on record and more than 100,000 TEUs higher than the volume reached in May 2019. Savannah’s all-time monthly high was 498,065 reached in March. Click here to read full article Source link

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French Prosecutor Opens Probe After Pegasus Spyware Complaint

French Prosecutor Opens Probe After Pegasus Spyware Complaint

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Asian Paints rallies 7%, hits record high as Q1 profit beats estimate

Asian Paints rallies 7%, hits record high as Q1 profit beats estimate

Shares of Asian Paints moved higher by 7 per cent at Rs 3,178, hitting a fresh record high on the BSE in the intra-day trade on Tuesday, after the company reported a better-than-expected consolidated profit after tax (PAT) of Rs 574 crore for the quarter ended June 2021 (Q1FY21) on the back of a strong operational income. The company had posted PAT of Rs 218.45 crore in the previous corresponding…

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Rakesh Jhunjhunwala Trims Stake In Tata Motors To 1.14% From 1.29% In Q1fy22

Rakesh Jhunjhunwala Trims Stake In Tata Motors To 1.14% From 1.29% In Q1fy22

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Profit Falls But Meets Estimates; Margin Contracts

Profit Falls But Meets Estimates; Margin Contracts

Asian Paints Ltd.’s quarterly profit met estimates even as margin contracted on higher raw material costs. Net profit of India’s largest paintmaker fell 29% sequentially to Rs 582.22 crore in the quarter ended June, according to its exchange filing. That compares with the Rs 580-crore consensus forecast of analysts tracked by Bloomberg. Q1 Highlights (QoQ) Revenue fell 16% to Rs 5,585.36 crore…

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Pizza Hut, Kfc Operator Devyani International Gets Sebi Nod To Float Ipo

Pizza Hut, Kfc Operator Devyani International Gets Sebi Nod To Float Ipo

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China Denies Microsoft Hack, Says U.S. and Allies Ganging Up

China Denies Microsoft Hack, Says U.S. and Allies Ganging Up

China Denies Microsoft Hack, Says U.S. and Allies Ganging Up Click here to read full article Source link

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ACC Share Price - ACC Q2 Results: Brokerages Up Price Targets; Cement Stocks Rally

ACC Share Price – ACC Q2 Results: Brokerages Up Price Targets; Cement Stocks Rally

Shares of ACC Ltd. gained the most among peers after brokerages raised target prices for the cement maker, citing a better-than-expected second quarter, improved realisations and cost-saving efforts.That’s despite a 9.5% sequential fall in revenue of the Lafarge Holcim subsidiary at Rs 3,884.8 crore in the April-June period. That compares with the Rs 3,705.3-crore consensus estimate of analysts…

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Adani Group stocks fall on SEBI, DRI probe

Adani Group stocks fall on SEBI, DRI probe

The stocks of Adani Group traded lower during the morning session on Tuesday for the second day after the Finance Ministry informed Lok Sabha that the Securities and Exchange Board of India (SEBI) and the Directorate of Revenue Intelligence (DRI) probe some Adani group companies over compliance with local security laws. At 11:30 am, Adani Ports and Special Economic Zone Ltd (APSEZ) was trading at…

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Stock of this IT company has zoomed 248% in 26 days

Stock of this IT company has zoomed 248% in 26 days

Shares of Brightcom Group continued their northward movemen and were locked in the 5 per cent upper circuit band for the 10th straight day at Rs 44.35 on the BSE on Tuesday, in an otherwise weak market. Till 12:10 pm, a combined 631,455 equity shares had changed hands and there were pending buy orders for 4.77 million shares on the NSE and BSE, the exchange data shows. In comparison, the S&P BSE…

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Indian Economy Likely To Mirror Similar Trend Seen In Fy21 Due To Covid-19 Second Wave: Deepak Parekh

Indian Economy Likely To Mirror Similar Trend Seen In Fy21 Due To Covid-19 Second Wave: Deepak Parekh