Candlestick Charts

Bharti Airtel’s market share gains among 4G subscribers, hikes in voice tariffs and improving tariff outlook due to Govt’s support for Vodafone Idea Ltd (VIL_ should help Bharti drive 13% growth in its mobile ARPUs over FY23-25, said global brokerage Jefferies which believes that market share gains are likely to accelerate amid 5G rollouts.  “While we cut our estimates by 1-4% to factor tariff hike delays, we upgrade Bharti Airtel shares’…

On January 1, ceiling fans came under revised energy efficiency norms, with star ratings linked to their power consumption. This made ceiling fans costlier. As stocks of no-star rated fans are liquidated in the transition to star-rated fans, Crompton Greaves Consumer Electricals is educating Indians about the switch. Mathew Job, executive director of Crompton Greaves Consumer Electricals, told Moneycontrol in an interview that the increased cost can be recouped in two months from the…

Bharti Airtel’s market share gains among 4G subscribers, hikes in voice tariffs and improving tariff outlook due to Govt’s support for Vodafone Idea Ltd (VIL_ should help Bharti drive 13% growth in its mobile ARPUs over FY23-25, said global brokerage Jefferies which believes that market share gains are likely to accelerate amid 5G rollouts.  “While we cut our estimates by 1-4% to factor tariff hike delays, we upgrade Bharti Airtel shares’…

Manish Goel stock: Suryalata Spinning Mills shares are one of the multibagger stock on Dalal Street. This multibagger textile stock has 115 per cent in last one month whereas it has risen to the tune of 120 per cent in year-to-date (YTD) time. This Manish Goel portfolio stock managed to maintain uptrend on Friday despite stock market crash and hit life-time high on 7th day in a row. Despite stock market crash today,…

The Nifty remained under pressure throughout the session and erased the gains of the previous two days to end almost a percent lower on March 9. Traders turned cautious after the US Federal Reserve’s talk of further rate hikes to tame inflation added to fears of slowing growth. After opening higher at 17,772, the index drifted lower and remained in a downtrend. It fell to the day’s low of 17,574…

With a market valuation of ₹1,559.07 Cr, Magellanic Cloud Ltd. is a small-cap company that operates in the IT industry. Digital cloud professional Magellanic Cloud trades on the Bombay Stock Exchange (BSE). There are several brands that symbolize Magellanic Cloud, and they have operations in Asia, Europe, and USA. The Board of Directors of Magellanic Cloud has established a record date for the purposes of the 4:1 bonus share. Magellanic Cloud…

With a market valuation of ₹7.38 Cr, Jet Infraventure Ltd. is a small-cap company that engages in the real estate industry. The company specialises in real estate happenings and has its headquarters in Mumbai. The shares of Jet Infraventure closed at a 5% upper circuit limit on the BSE today after the announcement of 1:1 bonus shares. In order to determine the eligibility of the shareholders for the purpose of bonus…

The Nifty ended higher for the third straight session following a recovery in the last 30 minutes of the trade on March 8, aided by gains in banks, auto, FMCG and oil & gas names. After opening lower, the index slipped to the day’s low of 17,602, tracking weakness in Asian peers following US Fed Chair Jerome Powell’s statement hinting at more rate hikes. The index, however, recovered in the…

Private sector SBI Life Insurance on Wednesday said the company’s board has declared an interim dividend of ₹2.50 per equity share for the current financial year 2022-23. “We wish to inform that the meeting of Board of Directors of SBI Life Insurance Company Limited commenced at 02:30 PM and concluded at 03:00 PM on March 08, 2023 has declared an interim dividend on equity shares of the Company of ₹2.50/- (Two Rupees and Fifty…

The Adani Group has repaid a $500 million bridge loan due Thursday, according to people with knowledge of the matter, adding to a slew of other payments as the Indian conglomerate works to restore confidence in its financial health after a scathing short seller report. The money was released to lenders on Tuesday, the people said, asking not to be identified as the details are private. Some banks had balked…