Japanese brokerage Nomura initiated coverage on Aditya Birla Real Estate, formerly known as Century Textile and Industries, believing that the firm has all the ingredients in place to rank it among the top 5 real estate players in India.The brokerage issued a 'buy' rating on the firm, with a target price of Rs 3,700 per share, indicating an upside potential of 30%.Among the key reasons for bullish...

Buy Ideas for Short TermThe benchmark indices rallied seven-tenths of a percent, marking a good start to the week on October 14, after consolidating last week. On the breadth, about 1,288 shares declined compared to 1,251 shares that advanced on the NSE. The Nifty 50 is likely to continue its upward rally given the beginning of momentum and a fall in volatility. Below are some trading ideas for th...

Here’s a quick look at stocks likely to be in focus in Thursday's trade, covering quarterly earnings, order wins, and fund raiser's announced by companies after market hours on Tuesday as well as Wednesday:Results TodayInfosys, L&T Technology Services, Tata Technologies, Persistent Systems, Dalmia Bharat, Ceat, Havells India, Central Bank of India, Andhra Cements, Ashapuri Gold Ornament, Bharat ...

Aditya Birla Sun Life AMC stock down as OFS for 2.01 crore shares opensThe offer will open today for non-retail investors and on March 20 for retail investorsAditya Birla Sun Life AMC fell around 2 percent at the open on March 19, a day after the company reported that promoters Aditya Birla Capital and Sun Life (India) AMC Investments had approved the sale of up to 2.01 crore shares.The floor pric...

Aditya Birla group company Hindalco Industries today reported its fiscal third quarter consolidated net profit fell 63% on-year to Rs 1362 crore, as the company battled ‘rising input costs and unfavourable macros’. Hindalco’s revenue for the quarter ended 31 December 2022 rose 6% on-year to Rs 53,151 crore, mainly helped by better realisations and higher volumes in India business, the compan...