Shares of Dixon Technologies fall 3% after second-quarter results. Should you buy, sell or hold?

Shares of Dixon Technologies fell as much as 3.2% to Rs 16,150 on the BSE on Monday despite reporting a strong quarterly profit. Analysts from Motilal Oswal and JM Financial said the results confirmed the company’s growth trajectory, but warned that near-term margin pressure and the surge in new components could challenge near-term earnings. Dixon […]

IPO in the Midwest: How to Check Stock Allocation Status on BSE and Kfin Technologies While GMP Remains Stable

The allotment for the Rs 451 crore IPO in Midwest will be completed on Monday and investors who registered for the issue can soon check whether they have received shares. The issue received a tremendous response from investors, who subscribed a total of 92.36 times, driven by strong demand from institutional and non-institutional investors. The […]

Mcap of 7 of top 10 most valued companies rises by Rs 2.16 lakh cr; Reliance, Airtel biggest winners

The combined market valuation of seven of the top 10 most valued companies rose by Rs 2,16,544.29 crore last week, with Reliance Industries and Bharti Airtel stealing the limelight, coupled with a bullish trend in equities. Last week, the benchmark BSE rose 1,451.37 points or 1.75 percent. Out of the top 10, Reliance Industries, HDFC […]

Calcutta Stock Exchange may celebrate its last Diwali in 2025, ahead of a voluntary exit from stock exchange

The Calcutta Stock Exchange (CSE), one of India’s oldest stock exchanges, may celebrate its last Kali Puja and Diwali as a functioning stock exchange this year on October 20, with the process of voluntary exit from stock exchange nearing completion after a decade-long legal battle. Trading at CSE was suspended by SEBI in April 2013 […]