Adani Group’s gross debt has doubled in the last four years. It has almost USD 2 billion worth of foreign-currency…
The 30-share BSE Sensex ended 541.81 points or 0.90 per cent lower at 59,806.28, while the broader NSE Nifty declined…
Nifty, Sensex concluded in red. In the sectoral indices, Bank Nifty fell 320.35 pts or 0.77% to 41,256.75, Nifty Auto…
Nifty upside target are placed at 17,850-18,004. The current short term uptrend would reverse if the support of 17,306 is…
Maintain ‘buy’ on Bharat Forge (BHFC) with a revised target price of R1,343 (earlier R1,225) based on 25x (24x earlier)…
Reiterate ‘buy’ on UPL (formerly United Phosphorous) and raise our fair-value target price to R600 (earlier R503) based on next…
China had been the largest importer of Indian cotton over the last three years.
A Parliamentary standing committee recently pulled up the textile ministry for spending just 39% of the outlay approved for the…
Three-month copper dropped 0.5% on the Londoan Metals Exchange (LME) at $6,223 a tonne at 1020 GMT.
All India Rubber Industries Association (AIRIA) has urged the government to reconsider its decision of raising import duty on natural…
Barclays’ peers like Citi, UBS and HSBC have lowered their targets for the markets recently.
Gold premiums in Hong Kong dropped to around 50 cents an ounce, he said, from over a dollar last week.
BSE Sensex recovered by over 148 points today to close at one-month high of 27,957.50 on across-the-board buying.
Experts say that gold rates have to be attractive enough for citizens and institutions to take interest in the scheme.
The pipeline of Indian initial public offerings (IPOs) is growing with more than 30 companies currently in the hunt …
Experts believe this fall in yields is a function of a demand-supply mismatch, coupled with rate-cut hopes
Maintain ‘buy’ on UltraTech Cement with a price target of R3,290 a share. We value the company at 12.5x EV/Ebitda,…
RETAIN ‘reduce’ on Pidilite Industries with a revised target price of R510 (earlier R540) based…
Since FY09, the Reliance Industries stock has lost 6% even as earnings per share expanded at about 6.8% CAGR. The…
Besides, a new unit will be set up at Namrup in Assam
The coal ministry will soon revise its equipment procurement policy to increase mining efficiency without which Coal India…
It’s a red-letter day in our decades of operations in India. This is the first plant to get certified and…