Punjab Detects ₹200 Crore Tax Evasion in Hospitality Sector, Probe May Uncover ₹500 Crore
Statewide Crackdown Targets 882 Establishments
Chandigarh, March 30: Punjab Finance Minister Harpal Singh Cheema on Monday said the state government has uncovered tax evasion worth around ₹200 crore in the...
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Sona BLW Precision Forgings Shares Jump 4% After BoFA Securities Upgrades Stock to Buy
Brokerage Raises Price Target to ₹640, Sees 25% Upside
Shares of Sona BLW Precision Forgings Ltd. rose as much as 4 percent on Wednesday, March 11, after brokerage firm BoFA Securities upgraded the stock to a...
Amber Enterprises Shares Trade Lower for Second Day Despite Jefferies Highlighting Growth Catalysts
Shares of Amber Enterprises India Ltd. continued to trade with losses for the second straight session on Tuesday, March 10, even as brokerage firm Jefferies maintained a positive outlook on the...
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Nvidia Stock Falls 5.5% Despite Strong Earnings as OpenAI Deal, China Curbs and Competition Raise Concerns
Nvidia Delivers Another Beat but Street Seeks Clarity
Nvidia Corp., the global leader in AI chip supply and the world’s most valuable company, has once again reported a quarter that...
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Despite heightened uncertainty around recent US solar duties, a majority of analysts covering Waaree Energies Ltd. continue to maintain a positive stance on the stock, even after it has corrected nearly 40% from its peak.Waaree Energies shares declined 10% on Wednesday after the United States...
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Shares of Ola Electric Mobility Ltd. came under fresh pressure after Goldman Sachs downgraded the electric vehicle maker to Neutral and sharply reduced its price target in a note released on Thursday, February 26.The brokerage cut its target price by 50% to ₹26 from ₹52 earlier. The revised...
SBI Share Price Target: CLSA Assigns Outperform Rating, Sees Upside to ₹1,275
CLSA Initiates Bullish View on State Bank of India
Global brokerage CLSA has assigned an "Outperform" rating to State Bank of India Ltd, setting a price target of ₹1,275 per share. The target indicates a potential...
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Vedanta Board Clears ₹3,000 Crore Non Convertible Debenture Issue
Vedanta Ltd has approved a proposal to raise up to ₹3,000 crore through the issuance of non convertible debentures. The decision was cleared by the company’s board on Wednesday, February 25.According to the company’s exchange...
Shares of Vedanta Ltd climbed more than 5% in Wednesday’s trade, supported by fresh brokerage action, while JSW Steel Ltd advanced around 2% amid a pair trade recommendation from global brokerage Citi.The rally follows Citi’s initiation of a tactical pair trade, assigning an “Overweight”...
US Software Stocks Rally as Anthropic Partnerships Ease AI Disruption Fears
US software stocks staged a strong recovery on Tuesday, February 24, after artificial intelligence startup Anthropic unveiled new enterprise partnerships and product enhancements that helped calm investor concerns about...
Hindustan Aeronautics Shares Rise as CLSA Sees 38% Upside on Strong Order Pipeline
Shares of Hindustan Aeronautics Ltd. opened higher on Wednesday, February 25, snapping a two day losing streak, as fresh brokerage optimism lifted investor sentiment around the defence major.The stock was...