Vedanta shares take a hit as debt concerns and Q1 miss weigh in. Stay informed with expert analysis and stock price targets from Citi and other financial institutions.
Vedanta, a prominent natural resources company, experienced a decline in its shares, falling nearly 3 per cent in Monday’s trade. The negative sentiment towards the stock is attributed to a combination of factors: These factors, when combined, can contribute to the negative sentiment surrounding Vedanta’s stock and lead to downward pressure on its share price. […]
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Despite being one of India’s most valuable companies, Reliance Industries saw a dip in its shares by over 2% in early trade. But why? We’ve got the explanation. Stay informed and stay ahead.
Reliance Industries Limited (RIL) experienced a sharp decline in early trade, falling over 2 per cent. The company’s shares were trading at Rs 2,486.90 per share. This decline in RIL’s shares has cast a shadow on the broader market sentiment, as the stock is considered a heavyweight in the Indian market and has a significant […]
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The Sensex and Nifty have opened flat today, with Reliance shares falling over 2%. Stay tuned for more updates on the market trends.
As of the market opening on Monday, benchmark stock market indices in India opened flat with a slight negative bias. The cautious sentiment was influenced by a decline of over 2 per cent in the shares of heavyweight company Reliance Industries Limited (RIL) in early trade. The previous trading session had seen a sharp fall […]
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Reliance Jio’s Q1 results are in and the numbers are impressive! The net profit has jumped over 12% to Rs 4,863 crore.
Reliance Jio Infocomm, the telecom arm of Reliance Industries Limited (RIL), reported a robust performance in the first quarter, with a significant rise in net profit. The company’s net profit increased by 12.2% to reach Rs 4,863 crore. The rise in net profit can be attributed to the addition of more subscribers to Jio’s network. […]
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Attention Investors: Take a look at the Q1 results of Tata Steel and get insights into Europe’s weight on the performance, analyst views, share price targets & more.
Tata Steel, a major steel producer, is expected to report a significant year-on-year (YoY) drop in its profit for the June quarter. Analysts estimate that the profit could decline by up to 95% compared to the same period the previous year. This decline is likely to be driven by several factors: The steel industry, like […]
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The market is experiencing a meltdown as the Sensex plunges nearly 900 points, with IT stocks dragging down the overall performance. It’s a challenging time for investors, but staying informed and strategic is key.
the Indian stock market witnessed a significant decline, with benchmark indices experiencing a “bloodbath.” The Sensex, which had been on a six-day winning streak, tumbled by 900 points. The Nifty 50 index also fell sharply after being on the verge of reaching the symbolic 20,000 mark in the previous session. Here are the key details […]
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RIL investors, this is the news you’ve been waiting for! Nomura says the upcoming AGM will provide a roadmap to unlock value of Reliance Retail and updates on Jio Platforms.
The upcoming annual general meeting (AGM) of Reliance Industries is expected to be a significant event for the company’s stock and investors. During the AGM, Reliance Industries may provide valuable insights into its plans for value unlocking in the retail segment, updates on its new energy business, and developments in Jio Financial Services (JFS). The […]
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UltratechCement announces impressive Q1 results with a 6.6% rise in net profit to Rs 1,688 crore. Our commitment to excellence and innovation continues to drive our success in the industry.
Ultratech Cement reported a 6.6% increase in its first-quarter profit, driven by strong domestic demand. Here are the key details from Ultratech Cement’s financial results for the quarter ending June 30: Consolidated Net Profit: Ultratech Cement’s consolidated net profit for the first quarter stood at Rs 1,688 crore. Comparison with Previous Year: The company’s net […]
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Suzlon Energy shares continue to soar, hitting a 52-week high for the third consecutive session. Could a target of Rs 25 be within reach?
shares of renewable energy firm Suzlon Energy Ltd have been performing exceptionally well, touching their 52-week high for the third consecutive session. Here are the key points from the stock’s recent performance: The consistent rise in Suzlon Energy’s stock price to a 52-week high indicates strong buying interest from investors. Factors like positive market sentiment […]
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