Analysts Stay Bullish On Titan: Analysts maintained their bullish ratings for Titan Co., citing higher-than-expected jewellery sales in the quarter ended March even as near-term sales could be impacted owing to localised curbs amid a surge in Covid-19 cases across the country.
JSW Steel Ltd. (JSWSTEEL | 500228 | INE019A01038) is consolidating its business to increase the share of downstream and speciality steel used by auto to infrastructure sectors, according to Managing Director Seshagiri Rao.
Stocks Tips For Today: Indian equities snapped a two-day losing streak amid weak global cues, giving up half of the gains made on Tuesday in the process. The S&P BSE Sensex ended 1.2% lower at 49,509 while the NSE Nifty 50 declined 1% to close at 14,690.
Stocks Tips For Today: Indian equities staged a rebound from their lowest level in nearly two months on Friday. The S&P BSE Sensex ended 1.2% higher at 49,008 while the NSE Nifty 50 index rose 1.3% to close at 14,507. However, Friday’s gains were not enough to prevent the benchmark indices from posting their second straight weekly loss.
Kalyan Jewellers shares make dull debut: All that glitters is not gold. Kalyan Jewellers India Ltd’s initial public offering (IPO) is a case in point. The shares listed on the bourses today and traded about 10% lower than the issue price of Rs87 apiece on the National Stock Exchange at the time of writing this story.
Shares of Laxmi Organic Industries shares extended gains to the second day after debuting on exchanges on Thursday. Today, Laxmi Organic shares rose as much as 18% to ₹194 as compared Day 1 closing price of ₹164.6. On Thursday, shares of the speciality chemicals manufacturer had finished with nearly 27% as compared to issue price of ₹130.