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Tag: shares

Effect of Budget 2024: ITC shares surpass Rs 500 for the first time; two reasons for the surge

ITC shares- The day after the Union Budget 2024, on Wednesday, shares of the big FMCG company ITC reached a record high. Because the budget did not increase the tobacco tax, ITC shares also crossed the Rs 500 threshold inside a single day for the first time ever. Cigarette sales account for the majority of…

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Mindtree’s LTI Shares Reach Rs 7,000 After Q1 Success, Prompting Higher Target Prices

LTIMindtree shares: The shares of LTIMindtree Ltd. (LTIM), which had down 11% year to date, increased by 3% on Thursday as a few brokerages raised their target prices on the counter in an attempt to signal that the worst is over for the IT company following a positive set of June quarter results. The macro…

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IREDA share price sees a 5% decline due to Philip Capital’s ‘sell’ rating. A chance to go bottom fishing?

Tuesday’s early morning trading session saw a significant selling of Indian Renewable Energy Development Agency (IREDA) Limited shares. Following the domestic brokerage Philip Capital’s prediction of a significant decline and its “sell” rating of IREDA shares, the PSU stock was subject to selling pressure. The NSE opened the IREDA share price today with a downside…

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Bajaj Auto share price: Is it wise to purchase this stock before today’s Q1 results?

Q1 findings as of right now: The Bajaj Auto share price is unchanged ahead of today’s Q1 results. On Tuesday, the much-awaited Q1 2024 numbers from the Indian car manufacturer will be revealed. The corporate board has scheduled a meeting for July 16, 2024, to discuss and approve the unaudited financial results for the first…

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Zomato’s shares soar 83% in 2024, making Deepinder Goyal a billionaire as a result

Zomato shares: A day after the meal delivery aggregator announced it was raising its platform fee to ₹6 from ₹5, Zomato’s share price soared over 4% to reach a 52-week high on Monday’s session. The expected outcome of the new platform fees, which are set to be introduced in certain cities such as Bengaluru and…

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HCL Tech share: Following Q1 performance in 2024, experts assign a “buy” rating. Must you purchase?

HCL Tech share: HCL Technologies’ results for Q1FY25 exceeded market expectations, following Tata Consultancy Services’ (TCS) announcement of better-than-expected Q1 results 2024. Therefore, when trading on the Indian stock market begins on Monday, HCL Tech shares are anticipated to stay in the spotlight. Stock market experts claim that despite a decline in EBITDA margins, HCL…

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Axis Bank share price reaches all-time high amid ex-dividend trading activity today

The share price of Axis Bank has been rising since June 2024. Axis Bank shares reached a new lifetime high of ₹1,339.65 apiece on the NSE during Friday dealings, and the Indian banking behemoth is in the headlines today for two reasons: trading ex-dividend to determine the eligible shareholders for the payment of Re 1…

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IREDA shares reach all-time high before today’s Q1 results release. As PSU’s stock rises 25% in three days, should you buy?

IREDA shares: For the past three sessions, the stock price of Indian Renewable Energy Development Agency (IREDA) Limited has been significantly rising. The price of an IREDA share on the NSE has risen by a significant 25% in just three days, from ₹240.53 to ₹303.70 a share. This rising trend implies that IREDA’s stock still…

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Raymond share price deals in former lifestyle companies; Hits 5% upper circuit from initial price

The Raymond share price was held at an upper circuit of 5% on Thursday during the trading session, as the shares became ex-date for the lifestyle company. After a special pre-open price discovery session between 09:45 and 10 AM today, the Raymond share price opened at ₹1,950 on the BSE. The stock on the BSE…

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Reliance Share price: According to Jefferies, Jio may list by 2025, Who thinks the stock will rise 7–15%?

The share price of Reliance Industries has increased by 22% so far this year. The increase in Reliance share price might also be attributed to the flow of news and analyst expectations surrounding the company’s telecom business, Jio. According to a recent forecast by Jefferies India Ltd., Jio may list at a valuation of $112…

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