Jefferies has added Wipro, Hyundai Motor India and Cipla to its latest underperform list, citing weak growth outlook, rising competition and earnings risks. The brokerage flagged slow deal ramp ups at Wipro, market share losses for Hyundai and US revenue pressure at Cipla as key concerns for investors.Read More
The consultancy arm of Coal India, Central Mine Planning and Design Institute (CMPDI), will open its IPO on March 20. The offer for sale of 10.71 crore shares will list on BSE and NSE, with 50% reserved for QIBs and 35% for retail investors. As the issue is entirely an OFS, CMPDI will not receive any proceeds from the offer, and the funds raised will...Read More
The Indian rupee fell to a record low on Friday on concerns that the Iran war-induced surge in oil prices could disrupt the South Asian nation’s growth-inflation dynamics and dent capital flows, with traders also pointing to elevated offshore dollar bids.Read More
Despite a Rs 10 lakh crore market wipeout triggered by the Iran conflict, nearly 50 stocks showed resilience. Select gainers—including ACME Solar Holdings, L&T Technology Services and IFCI—outperformed even as benchmark indices and broader markets sank under geopolitical and crude-driven pressure.Read More
Global crude oil prices could surge to as high as USD 150 per barrel if the Strait of Hormuz remains closed for the next four to eight weeks, according to a report by Nuvama.Read More
Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Donec sed odio dui. Etiam porta sem malesuada.
