PNC Infratech Ltd (NSE: PNCINFRA): The trend of sellers of the stock continues on the second day as well. On Monday, the company’s stock was locked in a lower circuit shortly after opening due to sellers. At the same time, a sharp decline was again seen in the stock on Tuesday (October,22). The stock opened at Rs 325.00 against the closing price of Rs 366.80 in the morning. After this, the stock came below Rs 300. PNC Infratech Ltd’s stock continues to fall heavily. Experts say ” the stock falls because the government is taking steps”. The company’s subsidiary company…
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careermotto
A self-motivated and hard-working individual, I am currently engaged in the field of digital marketing to pursue my passion of writing and strategising. I have been awarded an MSc in Marketing and Strategy with Distinction by the University of Warwick with a special focus in Mobile Marketing. On the other hand, I have earned my undergraduate degrees in Liberal Education and Business Administration from FLAME University with a specialisation in Marketing and Psychology.
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BAJAJ HOUSING FINANCE Q2: Bajaj Housing Finance Ltd (NSE: BAJAJHFL) has released the second quarter result. During the period, the company’s interest income has increased from Rs 631.5 crore every quarter to Rs 713.3 crore. The company’s interest income has increased by 12.95 percent on an annual basis and 7.3 percent every quarter. Last year, the company’s interest income stood at 664.8 crore rupees. In the second quarter, the company’s net interest margin stood at 4.1 percent as against 4.4 percent on an annual basis. Whereas, in the previous quarter it was at 3.9 percent. In the second quarter, the…
MCX share price: The price of Multi Commodity Exchange of India Ltd (NSE: MCX) share can go up to Rs 8,000. A brokerage firm has expressed this estimate in its recent report. Along with this, it has given the stock a ‘Buy’ rating. Earlier the brokerage firm’s target price for this stock was Rs 5,000. According to this new target price, Multi Commodity Exchange of India Ltd shares can rise by about 21% from Monday’s closing level. The brokerage has written in its report that Multi Commodity Exchange of India Ltd’s share has jumped three times in the last year. …
Railway PSU Stock: The stock market is under a lot of pressure at the moment and many multibaggers have corrected significantly from their highs. Diwali time is standing on the threshold and it is considered very auspicious in terms of investment. A market expert has selected a railway stock for your portfolio as a Diwali investment idea. This stock has corrected about 55% from its high and is trading at a 7-month low after March. Ircon Fell 45% From Its High Ircon International Ltd (NSE: IRCON) stock is trading in the range of Rs 201.80 with a big fall of…
ULTRATECH CEMENT shares price: UltraTech Cement Ltd (NSE: ULTRACEMCO) net profit declined 36 percent in the second quarter. This happened due to decreased demand due to monsoons and delays in big projects. The company’s net profit declined to Rs 820 crore, which was Rs 1280 crore in the same quarter a year ago. This is also less than analysts’ estimates. The cement company’s revenue also declined by 2.3 percent to Rs 15,635 crore in the September quarter, which was Rs 16,012 crore in the same quarter a year ago. After the company’s results, brokerage firms have given mixed opinions on…