Stock News
India’s natural rubber production may drop 5% on deficient rainfall in Kerala
India’s natural rubber production will likely be five per cent lower this fiscal in view of deficient rainfall in Kerala, which accounts for over 90 per cent of the industrial commodity’s production, said Ramesh Kejriwal, …
HPL Electric partners with Wirepas to accelerate smart metering deployments
HPL Electric and Power Ltd.’s shares fell 2.52 per cent after the company announced an Indian electric equipment manufacturer, has forged an alliance with Wirepas Oy, a global leader in RF mesh technology. India’s smart …
Broker’s call: Data Patterns (Add)
Target: ₹3,000 CMP: ₹2,101.05 Data Patterns is a high-growth company with consistent margins & improving return ratios. We expect its strong momentum to continue in the medium term. A robust order backlog with a strong …
Broker’s call: NMDC (Buy) – The Hindu BusinessLine
Target: ₹180 CMP:₹150.20 We upgrade NMDC to Buy from Add as sales volume in FY24 may breach the 32-40 mt range; long-term volume visibility is clearer as the roadmap for 100 mtpa by FY30, though …
Nifty hits fresh record; Sensex extends rally for 10th day
The NSE benchmark Nifty advanced over 33 points to close at a fresh lifetime high of 20,103 while Sensex ticked higher for the tenth straight session on Thursday, helped by fag-end buying in oil & …
India’s edible oil imports up 26.23% since November 2022
A sharp drop in domestic prices in August boosted demand for edible oil, leading to an increase in imports. Data compiled by Solvent Extractors’ Association of India (SEA) showed that India imported 18.52 lakh tonnes …