Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Stocks to Watch today: Lenskart, ZEEL, REC, PFC, Eternal, Airtel and more
Stocks to watch today: Lenskart, Zee Entertainment, REC, PFC, Eternal, Airtel, Tata Consumer Products, Vascon Engineers, Nuvama Wealth, Rajesh Exports, among others, will be in focus today.
Stocks in news: Lenskart, PFC, RIL, Hindustan Zinc, Tata Consumer
Indian markets saw volatile trading on Wednesday, closing slightly down. Lenskart, PFC, RIL, Hindustan Zinc, and Tata Consumer are in focus. ADIA plans to sell Lenskart shares. Tata Consumer targets over 20% EBITDA margin. Reliance Industries subsidiary will redevelop a Mumbai slum. REC Ltd will merge with Power Finance Corporation. ZEEL plans to raise funds.
Stocks to Watch for May 18: Vodafone Idea, REC, PFC, RBL Bank, Tata Steel, Coal India and more
From Vodafone Idea reacting to its results and fund raising approval to REC and PFC's update on their merger, there are plenty of stocks that should be on your radar going into Monday's trading session on May 18. Here is the complete list:
Q4 Results Highlights: CEAT profit jumps 144%; Go Digit General Insurance profit up 29%
Q4 Results LIVE Updates: It is an important day today with regards to results, as India's largest passenger car manufacturer, Maruti Suzuki India Ltd., and food delivery-to-quick commerce operator Eternal, will be reporting results today. Besides these, there are plenty of broader market names, such as Bandhan Bank, Sapphire Foods, Castrol India, CEAT, Star Health, Piramal Pharma, REC, Motherson Sumi Wiring, Sanofi India, Sanofi Consumer Health, Leela Palace Hotels and many others will be reporting their results today. Watch this space for all the LIVE updates.
Utilities rally looks stretched, says Bernstein; NTPC, REC still offer selective value
Bernstein’s Nikhil Nigania sees limited upside in utilities, prefers NTPC on dips, REC for value, and favours integrated players like Tata Power in renewables.
REC, PFC shares jump to 52-week high, set for best month in years
14 analysts have coverage on REC, of which 13 have a "buy" recommendation on the stock, while 15 analysts cover PFC and all of them have a "buy" rating on the stock.
Sensex stocks: HDFC Bank, TCS, Asian Paints, IndiGo, Trent hit 52-week lows
Ambuja Cements, DLF, Dixon, Gail, Indian Hotels, Shree Cement, REC, Tata Motors PV, Wipro, Suzlon, Coforge, and Info Edge, among the BSE 100 index, also hit their respective 52-week lows amid Iran war
Taking Stock: Markets continue to see sell-off amid crude surge; rupee at record low
More than 850 stocks touched their 52-week low, including Swan Corp, Interglobe Aviation, GNFC, PNB Housing Finance, Birla Corp, BLS International, Sterling Wilson, RHI Magnesita, Just Dial, Asian Paints, Nuvoco Vistas, REC, Berger Paints, JK Lakshmi Cement, Rashtriya Chemicals, GAIL, Inox Wind, among others.
Buzzing Stocks: Dr Reddy's up 3% despite USFDA observations; Persistent slips 8% on Nagarro acquisition
Power Finance Corporation (PFC) declined about 2 percent after its board approved the scheme of amalgamation of REC with PFC, subject to regulatory and shareholder approvals.