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  1. Business News
  2. Authors
  3. sparsh.bansal

Sparsh Bansal

Asian Paints
Asian Paints stock sees sharp correction after Q3 results, brokerages raise concern about paint segment margins

Putty and Waterproofing have been the new growth engines for the company, said Motilal Oswal.

By Sparsh Bansal
January 18, 2024 13:15 IST
HDFC bank
HDFC Bank ADR nosedives 9%, indicates weak start for stock

The company reported a jump of 33% in the net profit to Rs 16,372 for the quarter. But the bank’s…

By Sparsh Bansal
January 18, 2024 09:14 IST
Bear market
Bloodbath on D-Street, Nifty records biggest one-day fall in 19 months dragged by banks, financial services

The laggards on Wednesday include HDFC Bank, Tata Steel, Kotak Mahindra, Axis Bank, and Hindalco.

By Sparsh Bansal
January 17, 2024 16:19 IST
Newgen Software
Jefferies raises target price to Rs 1,070 on Newgen; sees growth momentum to sustain

Jefferies expects the company to deliver 26% earnings per share on a compounded annual growth rate over FY 25 -…

By Sparsh Bansal
January 17, 2024 11:55 IST
Wipro
Wipro’s ADR slips 8% after Q3 results

The company reported a consolidated net profit of Rs 2,694 crore, up 1% quarter on quarter.

By Sparsh Bansal
January 17, 2024 09:08 IST
Market in red
Markets off highs profit booking in IT; Nifty closes near 22,000,  top gainers on January 16 include BPCL, Tata Steel 

The key losers on Tuesday include Divi’s Laboratories, Wipro, HCL Technologies, NTPC, and SBI Life Insurance.

By Sparsh Bansal
January 16, 2024 16:23 IST
Jio Financial Services, JioFinance, app launch, βeta version, digital banking platform, loan solutions, digital account, financial services
Jio Financial Services taking balanced approach says Jefferies

In the third quarter, the company reported a net profit of Rs 293 crore, down 56% from the previous quarter…

By Sparsh Bansal
January 16, 2024 14:00 IST
Jyoti CNC logo
Jyoti CNC Automation sees robust listing, kicks off trade with 12% premium

The shares of the company were trading at a premium in the grey market before the listing. In the grey…

By Sparsh Bansal
January 16, 2024 11:00 IST
Jyoti CNC logo
Jyoti CNC to list today; GMP at 11.5% ahead of listing

The company’s initial public offering for subscription opened on January 09 at a price band of Rs315-331 per share and…

By Sparsh Bansal
January 16, 2024 09:20 IST
Reliance
Reliance hits 52-week high as it sells Norway subsidiary for $22 million

REC Norway is a wholly-owned subsidiary of REC Solar Holdings. It is in the business of manufacturing kerf-based Polysilicon in…

By Sparsh Bansal
January 15, 2024 17:06 IST
Closing Copy
Record closing highs for Sensex and Nifty led by IT, Oil & Gas; top gainers on January 15 include Wipro and ONGC

The laggards on Monday include HDFC Life, Bajaj Finance, Hindalco, Bajaj Finserv, and Eicher Motors.

By Sparsh Bansal
January 15, 2024 16:24 IST
Information Technology
Wipro and HCL Tech at 52-week high; Here’s brokerages’ view on the stocks

Motilal Oswal has a “Neutral” rating on Wipro as it awaits “further evidence of the execution of Wipro’s strategy.”

By Sparsh Bansal
January 15, 2024 13:27 IST
D-Mart
Jefferies keeps rating on D-Mart unchanged at Hold; sees worst yet to come

The company’s festive season sales of high-margin GM&A was softer, and weighed on GM

By Sparsh Bansal
January 15, 2024 11:25 IST
Stock Market
Markets hit record high – Nifty closes near 21,900,  top gainers on January 12 include Infosys, ONGC  while media, healthcare among key losers

The laggards on Friday include Cipla, Apollo Hospital, Bajaj Finserv, Ultratech Cement, and Power Grid.

By Sparsh Bansal
January 12, 2024 16:33 IST
TCS
TCS stock up over 4% after Q3 profit rises 2%, on expectations of demand recovery next quarter; Brokerages raise target price

In the third quarter, the tech giant reported order wins worth $8.1 billion against $11.1 billion quarter on quarter, which…

By Sparsh Bansal
January 12, 2024 13:55 IST
Stocks
Markets end high after volatile day; Nifty closes near 21,600 top gainers on January 09 include Hero MotoCorp and Bajaj Auto whereas Media and IT stocks among key losers

The laggards on Thursday include Hindustan Unilever, Dr. Reddy’s Lab, SBI Life Insurance, Wipro, and Larsen & Toubro.

By Sparsh Bansal
January 11, 2024 16:30 IST
SpiceJet shares off highs after 13% gains in one month

On December 12, the company said to raise fresh capital through the issue of equity shares and convertible securities on…

By Sparsh Bansal
January 11, 2024 13:41 IST
Infosys, TCS results today – A look at how the IT stocks performed in past quarter

Nifty IT gained nearly 12% in the last quarter starting October 3 and ending December 29.

By Sparsh Bansal
January 11, 2024 08:31 IST
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