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ONGC Q4 Results: Profit skyrockets 19 times to Rs 9,869 crore, declares dividend
State-owned Oil and Natural Gas Corporation's (ONGC) March quarter net profit soared 19 times as the year-ago period had a one-time exceptional provision, while it posted a record earning for the full fiscal. The company's standalone net profit of Rs 9,869 crore in Janu...
Stock Radar I Why Havells India is a ‘buy on dips’ stock at current levels, decodes Ajit Mishra
“Havells has been a consistent performer in the consumer electrical space; maintaining a long-term uptrend since 2011. Traders can buy for a target of Rs 1850 in the next 1-2 months,” Ajit Mishra, SVP - Research, Religare Broking Ltd, said.Stock Radar I W...
On Cash Hunt! Vodafone Idea to launch India’s biggest FPO
Debt-ridden telecom operator on Friday announced that it will offer shares worth Rs 18,000 crore in its further public offering (FPO) from April 18-22 at a price band of Rs 10-11 per share. Following the announcement, Vodafone shares fell over 3% to day's low at Rs 12.51. The higher end of th...
Dalal Street in good mood ahead of Budget 2024: Nifty above 21,600; ONGC up 7%, RIL 4%
After opening in the green, Indian benchmark indices Sensex and Nifty extended their gains sharply on the back of buying action in banking counters and firm global market cues. The BSE Sensex rose 1100 points to the 71,800 level, while the Nifty50 crossed the 21,6...
Buy or Sell: Stock ideas by experts for January 29, 2024
ET Now spoke to various experts, and here's what they have to recommend for today's trading session. Nooresh Merani has a buy/sell recommendation on ONGC and Lemon Tree Hotels for today's trading session. Check out the targets and stoploss.Buy or Sell: Stock ideas by experts for January 29, 20...
Sensex ends at fresh high, gains 759 pts; Nifty nears 22,100 on rally in IT shares
Benchmark Sensex closed above the 73,000 level for the first time while broader Nifty scaled the 22,000-point peak on Monday as key stock indices stayed on the record-breaking run powered by a rally in IT shares, Reliance and HDFC Bank. Rising for the fifth day in a r...
Buy or Sell: Stock ideas by experts for December 28, 2023
ET Now spoke to various experts, and here's what they have to recommend for today's trading session. Kunal Bothra has a buy/sell recommendation on Canara Bank and PNB, while Nooresh Merani has a buy/sell recommendation on ONGC and SBI for today's trading session. Check out the targets and sto
Buy or Sell: Stock ideas by experts for December 27, 2023
ET Now spoke to various experts, and here's what they have to recommend for today's trading session. Kunal Bothra has a buy/sell recommendation on Bank of Baroda and Chambal Fertilisers, while Nooresh Merani has a buy/sell recommendation on ONGC and Kotak Mahindra Bank for today's trading ses
Time to buy? ONGC gave a breakout from a previous multi-year swing high: Ruchit Jain
“ONGC stock has given a breakout above its previous swing highs in the recent upmove and the volumes are also gradually increasing indicating buying interest in the stock. Traders can buy for a target of Rs 245 in the next few weeks," says Ruchit Jain, Lead Research
Stock Radar: Bata India stock forms a bullish reversal formation; should you buy?
“On a daily chart, Bata India stock price has formed a Bullish Hammer Candlestick formation which is a Bullish Reversal formation and indicates an upside move. Traders can buy for a target of Rs 1500-1550,” KKunal V Parar, Vice-President of Technical Research and Algo,
State Bank of India seeks extension till June 30 from SC to disclose details of electoral bonds
SBI's plea claims that due to stringent measures undertaken to ensure that the identity of the donors was kept anonymous, "decoding' the electoral bonds and matching donors to the donations made would be a complex process. "It submitted that the data rela
Stock Radar: Time to buy? Fresh breakout is seen above the symmetrical triangle pattern, says Shitij Gandhi
"Maruti Suzuki stock has given a fresh break above the falling trend line of the downward-sloping channel in the recent past. Traders can buy for a target of Rs 12200-12250 levels with a stop loss below 10300 levels," Shitij Gandhi, Senior Tec
Stock Radar: Time to buy? Granules India breaks out from 4-year corrective phase, says Ajit Mishra
“We have been seeing a steady uptrend in the pharma space and Granules is trading in sync with the move. Traders can buy the stock for a target of Rs 510 in the next 2-4 months,” Ajit Mishra, SVP - Technical Research, Religare Broking Ltd, said.Stock R
Buy or Sell: Stock ideas by experts for September 28, 2023
ET Now spoke to various experts, and here's what they have to recommend for today's trading session. Kunal Bothra has a buy/sell recommendation on BHEL and Granules India, while Nooresh Merani has a buy/sell recommendation on ONGC and Axis Bank for today's trading session. Check out the targ
Stock Radar: Why Info Edge could hit fresh 52-week highs in February, says Shitij Gandhi
“On broader as well as on short-term charts, the breakout has been observed above the neckline of the Inverted Head & Shoulder pattern. Traders can buy for a target of Rs 6150 in the next 5-7 weeks,” Shitij Gandhi, Senior Technical Analyst, SMC Global Securities
Sensex reclaims 72,000 mark, Nifty above 21,700; NHPC rallies 7%, Nestle drops 2%
Opening Bell: Sensex rises 300 points, reclaims 72K; Nifty above 21,700; NHPC rallies 7%, Nestle drops 2%.Sensex reclaims 72,000 mark, Nifty above 21,700; NHPC rallies 7%, Nestle drops 2%
Polycab tanks 20% as I-T dept finds 'unaccounted Rs 1,000 cr sales'; here's all you need to know
Shares of electrical equipment manufacturer Polycab tanked 20% to the day's low of Rs 3,801 in Thursday's trade after the Income Tax department detected "unaccounted cash sales" of about Rs 1,000 crore after it recently raided the Polycab group. A total
Stocks in focus: Coal India, Hindalco and more
GIFT Nifty on the NSE IX traded 4 points, or 0.02 per cent, higher at 19,551.50, signaling that Dalal Street was headed for muted start on Monday. Here's a slew of stocks that will be in focus today for various reasons.Stocks in focus: Coal India, Hindalco and more
Stock Radar: Eye on PSU space! Gail records a 16-year breakout in RSI; time to buy?
“Gail has witnessed a 16-year breakout on the monthly and quarterly charts and looks poised to witness a significant upside. Traders can buy for a target of Rs 220 in the next 12-15 months,” Gaurav Bissa, VP, InCred Equities, said.Stock Radar: Eye on PSU space! Gail
Fundamental Radar: 3 segments to drive revenue CAGR of 15% for Siemens over FY23-26, says Sneha Poddar
Siemens has been a major beneficiary of the uptick in spending on railways and the expected spending on the T&D network by the government. The company has strengthened its position in key segments such as energy, mobility, smart infrastructure, whi
Union Bank of India exhibiting multiple positive patterns on monthly charts: Gaurav Bissa
"Union Bank of India looks very interesting. The stock is exhibiting multiple positive patterns on the monthly charts. Traders can buy for a target of Rs 140 in the next 12-15 months and a stop loss can be placed below Rs 90,” Gaurav Bissa, VP, InCred Equities,
Paytm tanks 20% during day’s trade. Here’s why
Paytm's stock fell 20% to the day's low of Rs 650.45 on the NSE on Dec 7th after the company informed exchanges that it would reduce the number of loans to less than Rs 50,000. This is its steepest decline since its listing two years ago.Paytm tanks 20% during day’s trade. Here’s why
Paytm seeks to conquer markets with AI-led financial revolution, unveils bold vision
Founder of Paytm Vijay Shekhar Sharma on November 28 talked about the company’s future endeavours, emphasizing its commitment to India while revealing plans for international expansion and a significant integration of artificial intelligence (AI). Paytm seeks to con
SBI Q2 Results: Net profit rises 8% YoY to Rs 14,330 crore; NII grows 12%
State Bank of India on Saturday reported an 8% year-on-year (YoY) growth in net profit for the quarter ended September 2023 to Rs 14,330 crore, but was lower than an ETNow poll of Rs 14,500 crore. Net interest income (NII), the difference between interest earned and interest e
Breakout on daily & weekly charts along with rise in volume suggests further upside in Havells: Shitij Gandhi
“Multiple bullish formations from the technical front along with a rise in volume activity suggests for next upswing in the prices. One can buy the stock in the range of 1350-13605 levels for the upside target of 1460-1470 levels with a stop
Mahadev Betting App case: Dabur group chairman, director booked; Burman family denies allegations
Mumbai Police have registered a case against 32 people including Director of Dabur, Gaurav Burman and company chairman Mohit Burman, in connection with the Mahadev betting app under various sections of fraud and gambling. According to the First Informat
ONGC Q4 Results: Firm reports loss of Rs 248 crore, misses estimates
Oil and Natural Gas Corp (ONGC) has swung to a loss of Rs 248 crore in the fourth quarter after it provided for disputed taxes on royalty. It had reported a profit of Rs 8,860 crore in the year-ago quarter. Revenues rose 5% year-on-year to Rs 36,293 crore in the fourth quarter on h
Sensex rises over 300 pts on firm global cues, Nifty above 19,300; Zomato rallies 5%
Equity benchmark indices continued to rally for the third straight session on Monday amid favourable trends in global markets. The 30-share BSE Sensex jumped 471.45 points to 64,835.23 points in early trade. The Nifty climbed 126.75 points to 19,357.35 points. Among
Sensex tumbles 347 pts, Nifty below 18,550; Suzlon Energy rallies 10%, ONGC drops 5%
Closing Bell: Sensex snaps 4-day streak, ends 347 pts lower; Nifty below 18,550; Suzlon Energy rallies 10%, ONGC drops 5%.Sensex tumbles 347 pts, Nifty below 18,550; Suzlon Energy rallies 10%, ONGC drops 5%
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