⏰Hourly News Updates⏰
Kansai Nerolac Paints share price hits 52-week low after Q4 earnings
✅ Kansai Nerolac Paints share price touched a 52-week low of Rs 403, falling 6.5 percent intraday on May 11 after the company came out with its March quarter earnings.
✅ Kansai Nerolac Paints on May 10 posted 80.1 percent decline in its Q4 net profit at Rs 24.73 crore as against Rs 124.28 crore a year back.
✅ Nomura has maintained the 'buy' rating on the stock with a target at Rs 750 per share as the earnings were below estimates, both on sales and margin.
📰Read more: https://tinyurl.com/5cc78sec
📲Source: MoneyControl
Kansai Nerolac Paints share price hits 52-week low after Q4 earnings
✅ Kansai Nerolac Paints share price touched a 52-week low of Rs 403, falling 6.5 percent intraday on May 11 after the company came out with its March quarter earnings.
✅ Kansai Nerolac Paints on May 10 posted 80.1 percent decline in its Q4 net profit at Rs 24.73 crore as against Rs 124.28 crore a year back.
✅ Nomura has maintained the 'buy' rating on the stock with a target at Rs 750 per share as the earnings were below estimates, both on sales and margin.
📰Read more: https://tinyurl.com/5cc78sec
📲Source: MoneyControl
Moneycontrol
Kansai Nerolac Paints share price hits 52-week low after Q4 earnings
Kansai Nerolac Paints on May 10 has posted 80 percent fall in ist Q4 net profit at Rs 24.73 crore, down 80.1% from Rs 124.28 crore, YoY.
⏰Hourly News Updates⏰
Paradeep Phosphates sets IPO price band at Rs 39-42 a share
✅The IPO will open on May 17 for subscription and close on May 19. The anchor investor bids will open on May 13.
✅ The IPO consists of a fresh issue of Rs 1,004 crore while an offer-for-sale of up to 118.51 million shares by its existing shareholders and promoters.
✅For FY21, the firm reported a revenue of Rs 5164.73 crore as against Rs 4192.87 crore a year ago. Net profit for the period stood at Rs 223.27 crore versus Rs 193.22 crore last year.
📰Read more: https://tinyurl.com/yckymatc
📲Source: MoneyControl
Paradeep Phosphates sets IPO price band at Rs 39-42 a share
✅The IPO will open on May 17 for subscription and close on May 19. The anchor investor bids will open on May 13.
✅ The IPO consists of a fresh issue of Rs 1,004 crore while an offer-for-sale of up to 118.51 million shares by its existing shareholders and promoters.
✅For FY21, the firm reported a revenue of Rs 5164.73 crore as against Rs 4192.87 crore a year ago. Net profit for the period stood at Rs 223.27 crore versus Rs 193.22 crore last year.
📰Read more: https://tinyurl.com/yckymatc
📲Source: MoneyControl
Moneycontrol
Paradeep Phosphates sets IPO price band at Rs 39-42 a share
The IPO consists of a fresh issue of Rs 1004 crore while an offer for sale of upto 118.51 million by its existing shareholders and promoters.
At the upper price band, the firm plans to raise around Rs 1502 crore.
At the upper price band, the firm plans to raise around Rs 1502 crore.
………………… are simply the annual gains that an investment has earned over a specific period of
time.
time.
Anonymous Quiz
72%
Annualized Return
18%
Absolute Return
8%
Holding period return
2%
None of the above
🤝Joint Stock Company 🏢
A joint stock company is a form of organization where investors or shareholders with a common purpose pool their funds to form a company. This type of company is usually suitable for large scale operations where the capital requirement is huge and beyond the capacity of a single person. The share of every member or owner of the joint stock company is defined and usually displayed as a share.
Learn more about the Definition, Features, Advantages & Disadvantages of Joint Stock Company: https://finity.in/joint-stock-company/
A joint stock company is a form of organization where investors or shareholders with a common purpose pool their funds to form a company. This type of company is usually suitable for large scale operations where the capital requirement is huge and beyond the capacity of a single person. The share of every member or owner of the joint stock company is defined and usually displayed as a share.
Learn more about the Definition, Features, Advantages & Disadvantages of Joint Stock Company: https://finity.in/joint-stock-company/
Daily Market Highlights💰11th May 2022📅 #personalfinance #markethighlight
⏰Hourly News Updates⏰
NSE puts Indiabulls Housing Finance under F&O ban for Thursday
✅Indiabulls Housing Finance is the first stock to be banned from trading in the futures and options segment by the National Stock Exchange for Thursday, May 12, as the scrip crossed 95 percent of the market-wide position limit the previous day.
✅ Asset Liability Management Committee (ALCO) has decided to make an offer to the NCD holders to acquire these NCDs on the exchange at par under a negotiated trade with each individual NCD holder and hold them as treasury stock until maturity.
✅During the ban, traders are not allowed to take fresh positions in stocks but can start reducing their positions. The F&O ban rule helps reduce speculation in stocks.
📰Read more: https://tinyurl.com/4am9z7ee
📲Source: MoneyControl
NSE puts Indiabulls Housing Finance under F&O ban for Thursday
✅Indiabulls Housing Finance is the first stock to be banned from trading in the futures and options segment by the National Stock Exchange for Thursday, May 12, as the scrip crossed 95 percent of the market-wide position limit the previous day.
✅ Asset Liability Management Committee (ALCO) has decided to make an offer to the NCD holders to acquire these NCDs on the exchange at par under a negotiated trade with each individual NCD holder and hold them as treasury stock until maturity.
✅During the ban, traders are not allowed to take fresh positions in stocks but can start reducing their positions. The F&O ban rule helps reduce speculation in stocks.
📰Read more: https://tinyurl.com/4am9z7ee
📲Source: MoneyControl
Moneycontrol
NSE puts Indiabulls Housing Finance under F&O ban for Thursday
If derivative contracts in securities cross 95% of the market-wide position limit, they end up on the ban list, the NSE said.
💸Bombay Stock Exchange (BSE) – What is BSE, Background & FAQs 📰
Located on Dalal Street, the Bombay Stock Exchange, or the BSE, is Asia’s oldest stock exchange. Currently, it is the ninth largest stock exchange in terms of overall market capitalisation. It is the backbone of the country’s capital market system and has spread its reach and operations across India.
Learn more about bombay stock exchange here🔗: https://finity.in/bombay-stock-exchange-bse/
Located on Dalal Street, the Bombay Stock Exchange, or the BSE, is Asia’s oldest stock exchange. Currently, it is the ninth largest stock exchange in terms of overall market capitalisation. It is the backbone of the country’s capital market system and has spread its reach and operations across India.
Learn more about bombay stock exchange here🔗: https://finity.in/bombay-stock-exchange-bse/
Finity
Bombay Stock Exchange (BSE) - What is BSE, Background & FAQs
What is BSE? BSE Limited, also known as the Bombay Stock Exchange (BSE), is an Indian stock exchange located on Dalal Street in Mumbai.
⏰Hourly News Updates⏰
PNB share price dives 12% to 52-week low after disappointing Q4 performance
✅Punjab National Bank (PNB) share price suffered a 12 percent fall on May 12 after the bank declared its March quarter earnings.
✅ The total standalone income during the January-March quarter stood at Rs 21,095 crore, down from Rs 21,386 crore in the corresponding period last year.
✅The scrip was trading with volumes of 11,367,020 shares, compared to its five-day average of 3,275,340 shares, an increase of 247.05 percent.
📰Read more: https://tinyurl.com/3nc5sayh
📲Source: MoneyControl
PNB share price dives 12% to 52-week low after disappointing Q4 performance
✅Punjab National Bank (PNB) share price suffered a 12 percent fall on May 12 after the bank declared its March quarter earnings.
✅ The total standalone income during the January-March quarter stood at Rs 21,095 crore, down from Rs 21,386 crore in the corresponding period last year.
✅The scrip was trading with volumes of 11,367,020 shares, compared to its five-day average of 3,275,340 shares, an increase of 247.05 percent.
📰Read more: https://tinyurl.com/3nc5sayh
📲Source: MoneyControl
Moneycontrol
PNB share price dives 12% to 52-week low after disappointing Q4 performance
The total standalone income during the January-March quarter stood at Rs 21,095 crore, down from Rs 21,386 crore in the corresponding period last year.
Which amongst the following mutual fund schemes will generate higher returns?📊
Anonymous Poll
15%
Those investing in bonds of companies with poor credit rating
15%
Those investing in risk-free government securities
49%
Those investing in bonds of companies with a high rating
21%
Those who invest in debt funds
Daily Market Highlights💰12th May 2022📅 #personalfinance #markethighlight
⏰Hourly News Updates⏰
NSE picks PNB as second stock on F&O ban list for Friday
✅The National Stock Exchange has decided to add Punjab National Bank as the second stock under the F&O ban for May 13 after the said scrip crossed 95 percent of the market-wide position limit.
✅ The Punjab National Bank stock corrected nearly 14 percent to close at Rs 28.60 after a disappointing performance by the bank in the March 2022 quarter. Profit for the quarter stood at Rs 202 crore, registering a 66 percent decline on-year on account of higher provisioning.
✅During the ban, traders are not allowed to take fresh positions in stocks but can start reducing their positions. The F&O ban rule helps reduce speculation in stocks.
📰Read more: https://tinyurl.com/2p8t5kpa
📲Source: MoneyControl
NSE picks PNB as second stock on F&O ban list for Friday
✅The National Stock Exchange has decided to add Punjab National Bank as the second stock under the F&O ban for May 13 after the said scrip crossed 95 percent of the market-wide position limit.
✅ The Punjab National Bank stock corrected nearly 14 percent to close at Rs 28.60 after a disappointing performance by the bank in the March 2022 quarter. Profit for the quarter stood at Rs 202 crore, registering a 66 percent decline on-year on account of higher provisioning.
✅During the ban, traders are not allowed to take fresh positions in stocks but can start reducing their positions. The F&O ban rule helps reduce speculation in stocks.
📰Read more: https://tinyurl.com/2p8t5kpa
📲Source: MoneyControl
Moneycontrol
NSE picks PNB as second stock on F&O ban list for Friday
If derivative contracts in securities crossed 95 percent of the market-wide position limit, they end up on the ban list, the NSE said.
What are NFTs? Why are they in News Now?
Non-fungible tokens (NFTs) have recently gained massive public attention as a means of assigning value to almost anything, whether it is art or music or even a photograph. In 2021 alone, NFT sales rose to $25 billion as it gained unprecedented popularity combined with the increasing interest shown by celebrities and tech experts.
Read more about NFTs here: https://finity.in/nft-non-fungible-token/
Non-fungible tokens (NFTs) have recently gained massive public attention as a means of assigning value to almost anything, whether it is art or music or even a photograph. In 2021 alone, NFT sales rose to $25 billion as it gained unprecedented popularity combined with the increasing interest shown by celebrities and tech experts.
Read more about NFTs here: https://finity.in/nft-non-fungible-token/
⏰Hourly News Updates⏰
D-Street Buzz: Nifty auto shines; Tata Motors, Ashok Leyland, M&M jump 4-10%
✅ The Indian stock market recovered smartly on May 13 after taking a huge beating the previous day, with the Sensex up 687.28 points, or 1.3 percent, at 53,617.59, and the Nifty jumping 224.40 points, or 1.42 percent, at 16,032.40 in the afternoon trade.
✅ Tata Motors reported a consolidated net loss of Rs 1,032 crore for the quarter ended March, down from a net loss of Rs 7,605 crore in the year-ago quarter.
✅ The other top performers in the auto index were Bharat Forge and Ashok Leyland, which gained 6 percent each, followed by TVS Motor, Mahindra & Mahindra, Eicher Motors and Hero MotoCorp.
📰Read more: https://tinyurl.com/283em4er
📲Source: MoneyControl
D-Street Buzz: Nifty auto shines; Tata Motors, Ashok Leyland, M&M jump 4-10%
✅ The Indian stock market recovered smartly on May 13 after taking a huge beating the previous day, with the Sensex up 687.28 points, or 1.3 percent, at 53,617.59, and the Nifty jumping 224.40 points, or 1.42 percent, at 16,032.40 in the afternoon trade.
✅ Tata Motors reported a consolidated net loss of Rs 1,032 crore for the quarter ended March, down from a net loss of Rs 7,605 crore in the year-ago quarter.
✅ The other top performers in the auto index were Bharat Forge and Ashok Leyland, which gained 6 percent each, followed by TVS Motor, Mahindra & Mahindra, Eicher Motors and Hero MotoCorp.
📰Read more: https://tinyurl.com/283em4er
📲Source: MoneyControl
Moneycontrol
D-Street Buzz: Nifty auto shines; Tata Motors, Ashok Leyland, M&M jump 4-10%
Tata Motors was the top gainer, surging over 10 percent followed by Ashok Leyland, Mahindra & Mahindra and TVS Motor Company.
Daily Market Highlights💰13th May 2022📅 #personalfinance #markethighlight