Oil Price Rises 2% Saudi Output Boost Expected
On Friday, Oil prices rose 2.5 per cent after an immediate Saudi oil output boost which was not expected. The comment during US President Joe...
Category : MARKETS
Debt-Free Stocks Up 17% Near 52-Week High, ICICI Securities Sees More Upside in 3 Months
With a market cap of Rs 41,960 crore, Abbott India Limited is a major player in the pharmaceutical industry. The company offers various nutritional products,...
Fintech Giant Stripe Lowers Valuation by 28%
The Fintech giant Stripe has reportedly taken a huge 28 per cent valuation cut amid tough global macroeconomic conditions that hit nearly all the sectors...
Federal Bank Q1 Net Profit Rises Over 63%, Shares Rise
Federal Bank reported on Friday that its standalone net profit rose 63.5% to Rs 600.6 crore in the first quarter ended June 30, 2022, compared...
Birlasoft Share Price Hits 52-Week Low Ahead of Results
Birlasoft stock has been in a sell-off after New Year 2022. Year-to-date, the small IT company’s share price has fallen from a 52-week high of...
Bharti Airtel Up 2% After 7 Crore Shares Allotted to Google at 14% Premium
Shares in Bharti Airtel rose nearly 2% on July 15 after the company said it would allocate 7.11 crore shares to Google as a priority....
LIC Share Price Gains as Embedded Value Rises Slightly
Shares of Life Insurance Company of India (LIC) rose about a per cent to Rs 720 in Friday’s opening trade after the insurance giant reported...
ACC Cement Profit Tumbles 60% in April-June 2022
On Thursday, ACC has acquired by the Adani group along with Ambuja Cement in a $10.5-billion deal and reported a 60 per cent yearly decline...
Lumax Auto Technologies Surges 10%
On Friday, Lumax Auto Technologies Ltd shares surged 10 per cent to hit a record high of Rs 228 on the BSE. On August 16,...
LIC Takes Rs 40K Crore Hit on Valuation
An executive said that Life Insurance Company of India (LIC) had taken a Rs 40,000 crore hit to its valuation as stocks continue to fall...
