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Brokerage firm Macquarie has placed an underperform rating on Zomato, signaling caution on the stock. In contrast, Citi has upgraded Ramco Cements to a "Buy" rating, reflecting optimism about the company's prospects.
Category:
News and Media
Acme Solar Holdings made its stock market debut today, with shares trading at a discount in the grey market. Despite recent growth and profitability, analysts are cautious due to the company's high debt levels. The IPO received a decent response from investors, aiming to raise funds for debt repayment and general corporate purposes.
Category:
News and Media
Vodafone Idea's shares dipped ahead of its Q2 results, where the telco is expected to report narrowed losses and marginal revenue growth. Analysts predict a loss between Rs 6300-6400 crore and a 5% YoY revenue increase. ARPU is projected to improve, while subscriber count may decline.
Category:
News and Media
Worth Investment & Trading, a multibagger smallcap stock, set November 14th as the record date for a 3:2 bonus share issuance. This marks the company's first-ever bonus share distribution. Investors had until Tuesday to buy shares and qualify for the bonus, which doesn't impact overall investment value but increases share count.
Category:
News and Media
Several companies, including IRCTC and RITES, are approaching their ex-dividend date on November 14th. This means that today is the last day for investors to purchase shares and be eligible for upcoming dividend payments. The article lists these companies and provides details about their declared dividends.
Category:
News and Media
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