Nitish Mittersain, Joint MD & CEO, Nazara Technologies, says the company is always trying to get the right balance between profitability and growth. In the current quarters, certain businesses that allowed us to spend more in terms of user acquisition so that we can drive faster growth and this is profitable spending. This is not … Read more
Ace investor late Rakesh Jhunjhunwala, often referred to as the Big Bull of Indian stock markets, passed away 2 years ago on this day and as investors remember him today on his second death anniversary, his investment philosophy will continue to inspire them. Jhunjhunwala died at the age of 62 in 2022 because of kidney … Read more
Bajaj Auto. Share Price 6441.20 01:25 PM | 18 Dec 2023 166.00(2.64%) Sun Pharmaceutical Industries. Share Price 1257.60 01:25 PM | 18 Dec 2023 21.85(1.76%) Hindalco Industries. Share Price 564.70 01:25 PM | 18 Dec 2023 7.46(1.33%) Reliance Industries. Share Price 2525.90 01:25 PM | 18 Dec 2023 30.31(1.21%) Adani Ports & Special Economic Zone. … Read more
Brokerage Morgan Stanley maintained an overweight rating on Vedant Fashion, Jefferies has a hold rating on Nazara Technologies, CLSA maintained a buy on Zee Entertainment and Jefferies maintained an underperform rating on Piramal Enterprises. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Morgan Stanley on Vedant Fashion: … Read more
With the earnings season nearing the end, more than 500 companies are scheduled to release the earnings for the quarter and half-year ended September on Wednesday. The big ones to watch out for will be United Spirits, Lupin, Oil India, Mazagon Dock Shipbuilders, Bharat Heavy Electricals, Pidilite Industries, Tata Power Co, and Patanjali Foods. The … Read more
Diversified gaming and sports company Nazara Technologies on Thursday approved Rs 410 crore preferential issue of equity shares of face value of Rs 4 to SBI Mutual Fund. The company will issue over 57.42 lakh equity shares at a price of Rs 714 per equity on a private placement basis. The funds will be invested … Read more
BENGALURU: Indian shares rose on Monday, led by metals on fresh stimulus support by China for its property sector and information technology (IT) stocks on rising expectations that the US Federal Reserve will pause its monetary tightening cycle.The Nifty 50 index rose 0.48% to 19,528.80, while the S&P BSE Sensex settled 0.37% higher at 65,628.14.Twelve … Read more
MTAR Technologies, Kirloskar Oil Engines, Nazara Technologies, and Ion Exchange India will be added to the FTSE Global Smallcap index, effective September 15, global index aggregator FTSE Russell said. The changes are part of the semi-annual review of indices by the index aggregator. Nazara Technologies and Ion Exchange will be simultaneously removed from the FTSE … Read more