Skip to main content

Posts

Showing posts with the label Titan

Stock Market News - Bajaj Finance, HDFC top losers, Titan Fall

Hero Raises Motorcycle prices -  The country's largest two-wheeler maker Hero MotoCorp July 8 said it has increased prices of its motorcycles and scooters by up to 1 percent. The price hike will be with immediate effect, the company said in a statement. Titan Worst Performer On Nifty Post Q1 Update Shares of Titan extended fall for the fourth consecutive trading session. The stock fell as much as 10.9 percent, the most since Nov. 09, 2016, to Rs 1,116. India’s largest branded jewelry and watchmaker joins consumption-oriented peers predicting a muted first quarter as Asia’s third-largest economy faces a slowdown. A “tough macro-economic environment” has impacted consumption and rising gold prices in June further deterred customers from buying jewelry, Titan said in a statement. Rupee Trade - The Indian rupee was unchanged on Tuesday morning against Monday's close of 68.65 a dollar. HDFC Extends Fall For Third Day -  Shares of HDFC extended declines for the th...

Stock Market News - Titan slips 1%, YES BANK, ONGC Top Gainers

Titan slips 1% after Morgan Stanley downgrades the stock to 'equal weight'  - Titan Company shares dipped 1.5 percent to Rs 1,308 in early morning trade on the BSE on Thursday after global brokerage firm Morgan Stanley downgraded the stock from 'Overweight' to 'Equal Weight'. The financial services firm cited its reluctance to push multiples beyond current levels and less room for positive surprises from Titan in coming quarters as the reasons for the downgrade. YES BANK, ONGC Top Gainers - Yes Bank, ONGC shares are among the biggest gainers jumping up to 1.5%. HCL Tech, Bajaj Auto shares were among the biggest losers in the Sensex, shedding up to 1% in the morning trade.  Blockbuster listing: IndiaMart Intermesh shares list at 22% premium to the IPO price-  IndiaMart Intermesh made a blockbuster debut on the exchanges on Thursday, as the shares listed at a 21% premium to issue price. IndiaMart Intermesh which operates Indiamart.com online listi...

Market Update- Tata Chemicals Rises, Petronet LNG Falls, Bajaj Finance Gain

Tata Chemicals Rises-  On Business Rejig Shares of Tata Chemicals rose as much as 5.2 percent to Rs 585.45. The Tata Group will bring its consumer businesses under one unit as the salt-to-software conglomerate continues restructuring to streamline its operations. Tata Chemicals will demerge its food business to Tata Global Beverages. Petronet LNG Falls  -  After Q4 Results Announcement Shares of Petronet LNG extended declines for the second consecutive trading session and fell as much as 3.6 percent, the most in over three months, to Rs 225 after the company announced its March quarter results. Bajaj Finance Extends Gain  -  Ahead Of Results Announcement Shares of Bajaj Finance extended gains for the second consecutive trading session and rose as much as 1.7 percent to Rs 3,053.70 ahead of results announcement. Titan Hits Record High   -  Shares of Titan extended gains for the eighth consecutive trading session, their longest gaining st...

Market Update - RIL, Yes Bank top down, Titan Gains

Yes, Bank shares tanked by nearly 2%  -  to Rs 155, to emerge among the biggest Sensex losers.  Reliance Industries share price tanked by more than 1.5% to Rs 1,280.15 after global firm Morgan Stanley downgraded the stock to Equalweight.  Vodafone Idea Swings -  After Founders, Pledge Shares Shares of the telecom operator fluctuated between gains and losses to trade 0.7 percent higher at Rs 14.40. Shareholders of Vodafone Promoter Mauritius and Vodafone Promoter Indian pledged about 44.39 percent stake, the company said in a filing. Vodafone Group owns the stake through 12 entities based in India and Mauritius. The stake is valued at close to Rs 18,304 crore.  Yes Bank, Adani Ports, BPCL, UPL, Grasim, Gail, Cipla, HDFC, Power Grid, and RIL are trading lower , while on the other hand Hindalco, Britannia, Wipro, IOC, Coal India, and Hero Motocorp are among major gainers. Among sectors, except metal, all other sectors are trading lower. Rupee Ope...

Share market updates: Sensex jumps 300 points, Nifty regains 10,800;Titan shares rally

Mumbai: Indian benchmark indices BSE Sensex and NSE’s Nifty 50 are set to open higher on Monday, tracking positive cues in global markets, as December-quarter corporate earnings season begins this week. Japan’s Nikkei shot up 3.1%, helped in part by a pullback in the yen, while South Korea added 1.5%. Chinese stocks firmed after the country’s central bank announced an easing in policy.  Oil prices rose by over 1%, lifted by US-China trade talks, while supply cuts by major producers also supported the market. SGX Nifty Futures traded 103.50 points up at 10882, indicating a positive start for the Sensex and the Nifty 50. Titan shares rally 4% after robust jewellery sales growth Shares of jewellery-maker Titan rallied in trade on Monday morning, after the firm said that good growth momentum is seen across all its businesses in the seasonally strong third quarter. Titan shares gained by more than 3.8% to Rs 964 on BSE this morning.  Bandhan Bank Falls After ...