CADILAHC01 Jan 1900
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Latest News

📢 Benchmark indices open on a positive note today; Nifty above 22,700
📊 Amid positive global cues, benchmark indices started on a positive note today.
📢 At 9:16 AM, the Sensex gained 398.67 points or 0.53% at 75,009.78. Nifty is higher by 128.10 points or 0.57% at 22,776.30.
📈 Bajaj Finance(⬆️5.61%), Bajaj Finserv(⬆️2.74%) and GMR Airports(⬆️1.25%) appeared as the top performers on the Nifty50 at the open. Apollo Tyres and Adani Enterprise stocks are in focus.
03 May 2024 | 09:21 AM
📢 Benchmark indices open on a positive note today; Nifty above 22,700
📊 Amid positive global cues, benchmark indices started on a positive note today.
📢 At 9:16 AM, the Sensex gained 398.67 points or 0.53% at 75,009.78. Nifty is higher by 128.10 points or 0.57% at 22,776.30.
📈 Bajaj Finance(⬆️5.61%), Bajaj Finserv(⬆️2.74%) and GMR Airports(⬆️1.25%) appeared as the top performers on the Nifty50 at the open. Apollo Tyres and Adani Enterprise stocks are in focus.
03 May 2024 | 09:21 AM
Hold Ambuja Cement; target of Rs 652: Prabhudas Lilladher
Ambuja Cements 4QFY24 cons. EBITDA was affected by weak cement pricing despite significant savings on P&F and freight costs. Mgmt. reiterated its target of cost savings of ~Rs500 per ton by FY28E driven by improving green power mix, captive coal mines, long term procurement of critical RM, and logistical synergies aided by addition of railway wagons and improving plant network across India.
03 May 2024 | 03:16 PM
Buy Federal Bank; target of Rs 195: Prabhudas Lilladher
Federal Bank reported a mixed quarter; core PPoP miss of 7.9% led by opex drag, was offset by superior NIM (due to better liqudity management) and provision reversal of Rs1.17bn that led to core PAT beat of 12.6%. Part of provision write-back was adjusted against service fees which would normalise. Credit mix has improved YoY since retail share has risen by from 54% to 56%.
03 May 2024 | 03:13 PM
Infosys allots 6.57 lakh shares to top-performing employees
IT major Infosys Limited has allotted more than 6.57 lakh equity shares to eligible employees. The allotment, confirmed through a resolution on May 1, 2024, and approved the following day, was facilitated under two stock incentive plans, the company said in an exchange filing on May 3.The allotment of shares under these schemes is to expand employees' ownership in the company.
03 May 2024 | 03:12 PM