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Yes Bank Valuation Turns Expensive, Markets Expect a Fall

Yes Bank Valuation Turns Expensive, Markets Expect a Fall

2 May 2024

Yes Bank is engaged in offering a range of financial products and services, including digital solutions. Its investment banking, merchant banking, and brokerage operations are managed by its subsidiary, YES Securities. The bank has strengthened its financial position this quarter, although its profitability is still hindered by an inefficient RIDF.  Key Financial Points  Yes Bank …

Technical Picks to Keep an Eye On: Affle (India) and APL Apollo Tubes

Technical Picks to Keep an Eye On: Affle (India) and APL Apollo Tubes

2 May 2024

Affle (India) and APL Apollo Tubes are identified as upside potential stocks based on technical analysis. Both stocks have displayed promising structures and technical setups, including price volume contraction, the potential to bounce back and breakout. Currently trading at Rs 1579.05 and Rs 1126.35 respectively, their price aligns with positive signals from technical indicators like …

Bharti Airtel Expands Network Coverage in Murshidabad District

Bharti Airtel Expands Network Coverage in Murshidabad District

29 April 2024

On April 29, 2024, Bharti Airtel informed in an exchange filing that the company had deployed additional sites in the Murshidabad district to densify its network. The company stated that the Murshidabad district network enhancement project was undertaken across 2,373 villages covering 64.19 lakh rural population. Customers in the tehsils of Domkal, Berhampore, Lalgola, Nabagram, …

Veranda Learning Strengthens Capital Base Through Promoters’ Warrant Conversion

Veranda Learning Strengthens Capital Base Through Promoters’ Warrant Conversion

29 April 2024

Veranda Learning Solutions Ltd, a prominent listed company specialising in comprehensive educational solutions, recently announced a strategic move to bolster its financial foundation. On April 26, 2024, the company allotted 20 lakh new equity shares to its promoters upon the conversion of previously issued warrants. Key Details of the Warrant Conversion: Number of Warrants Converted: …

Dilip Buildcon Secures Favourable Arbitration Award in NHAI Dispute

Dilip Buildcon Secures Favourable Arbitration Award in NHAI Dispute

29 April 2024

Dilip Buildcon Limited (DBL) recently emerged victorious in an arbitration case against the National Highways Authority of India (NHAI). The company announced this development in a filing dated April 29, 2024. Background The dispute centred around a highway construction project awarded to DBL through an Engineering, Procurement, and Construction (EPC) agreement dated February 16, 2018. …

Himadri Speciality Chemical Ltd to Increase Specialty Carbon Black Capacity in West Bengal

Himadri Speciality Chemical Ltd to Increase Specialty Carbon Black Capacity in West Bengal

29 April 2024

Himadri Speciality Chemical Ltd plans to expand its speciality carbon black capacity in a brownfield expansion project in West Bengal, with an estimated investment of ₹220 crore. According to the company’s official, the expansion is expected to meet the rising demand from Europe. The expansion, located at Singur in the Hooghly district and scheduled to …

Glenmark Pharmaceuticals Receives FDA Approval for Acetaminophen and Ibuprofen Tablets

Glenmark Pharmaceuticals Receives FDA Approval for Acetaminophen and Ibuprofen Tablets

29 April 2024

On April 29, 2024, Glenmark Pharmaceuticals informed the stock exchanges that the company had received final approval from the United States Food & Drug Administration (US FDA) for Acetaminophen and Ibuprofen Tablets, 250 mg/125 mg (OTC). The company stated that the Food & Drug Administration determined these tablets to be bioequivalent to Advil®2 Dual Action …

2024 में निवेश के लिए सर्वश्रेष्ठ बीएसई हेल्थकेयर स्टॉक

2024 में निवेश के लिए सर्वश्रेष्ठ बीएसई हेल्थकेयर स्टॉक

29 April 2024

वर्ष 2024 में निवेश के लिए बीएसई हेल्थकेयर स्टॉक्स एक महत्वपूर्ण विकल्प हैं। भारतीय स्टॉक मार्केट में स्वास्थ्य सेक्टर की गति में तेजी और विकास के आगे चलने के साथ-साथ, बीएसई स्टॉक्स में निवेश करने के लिए रुचि बढ़ रही है। अस्पताल स्टॉक्स का उच्च निवेश रिटर्न और लम्बे समय में वृद्धि की संभावना इन …

Can Yes Bank Make a Comeback- Stock Up By 12% In a Month

Can Yes Bank Make a Comeback- Stock Up By 12% In a Month

29 April 2024

Yes Bank Ltd. is an Indian Private Sector Bank founded in 2005, It has a network of 1198 branches,193 BCBOs and 1287 ATMs. The Bank recently reported strong Q4 FY 2023-23 results with a solid jump of 123% in Net Profits on YoY Basis. The stock jumped 5% today after reporting its earnings and it …

ICICI Securities In Trouble As Shareholders File a Lawsuit With NCLT

ICICI Securities In Trouble As Shareholders File a Lawsuit With NCLT

29 April 2024

ICICI Securities Ltd, a subsidiary of ICICI Bank operates in the broking business (both retail and institutional), distributes financial products and offers banking services alongside advisory services. There have been reports of its delisting from the stock exchange and merger with ICICI Bank, its parent company. Lawsuit against ICICI Securities   Just weeks after gaining shareholder …

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