With floods and electricity shortages, South Africa’s economy is threatening to go into reverse

[ad_1] DURBAN, South Africa – April 16, 2022: Massive debris at the Durban harbor following heavy rains, mudslides, rain and winds in Durban. The harbour serves as a bulwark for the economy of the city of Durban. RAJESH JANTILAL/AFP via Getty Images South Africa’s economy picked up momentum in the first quarter of the year, … Read more

Chart Check: This pharma company forms BAT pattern; target seen at Rs 1,000

[ad_1] rose a little over 2 per cent compared to about 7 per cent gain seen in the Nifty50 in the same period, but technical parameters suggest that the stock could see a bounce back towards Rs 1,000 levels in next 3-5 weeks, suggest experts. The pharma company with a market capitalisation of more than … Read more

Buy Chemplast Sanmar, target price Rs 800: ICICI Securities

[ad_1] has buy call on Chemplast Sanmar with a target price of Rs 800. The current market price of is Rs 523.95. Time period given by analyst is one year when . price can reach defined target. Sanmar Ltd., incorporated in the year 1985, is a Small Cap company (having a market cap of Rs … Read more

Is L&T on track to double revenues by FY25? SN Subrahmanyan answers

[ad_1] “We have gone for huge hedges across various commodities like iron ore, coke, copper, aluminium etc and thereby are trying to mitigate the price increases. This is a work in play but it is a fact that there will be a small effect on margins and we may have to live with it,” says … Read more

First initiation on RateGain Tech suggests 45% upside for this recent debutant

[ad_1] NEW DELHI: With the global travel market rebounding sharply, and pandemic accelerating digital transformation in the travel industry, domestic brokerage believes one of the largest Software as a Service (SaaS) players in India — RateGain Technologies is poised to benefit from this. The brokerage in its coverage initiation report late last month said in … Read more

Stock market update: Stocks that hit 52-week lows on NSE in today’s trade

[ad_1] NEW DELHI: , Oracle, , and and others were among the stocks that touched their 52-week lows in today’s trade. Domestic benchmark index NSE Nifty ended 25.85 points down at 15782.15, while the BSE Sensex closed 136.69 points down at 52793.62. On the other hand, , , Penta Gold, and Lexus Granito(India)stocks hit their … Read more

Sebi initiative mulling framework to encourage more ETFs in debt segment

[ad_1] Mumbai: Capital markets regulator Sebi is planning to come out with a framework to encourage more exchange-traded funds in debt securities to increase retail investors’ interest in the market, a senior official said on Thursday. The regulator wants to replicate the story as seen in the equity segment, where the ETFs and index funds … Read more

L&T Q4 Analysis: Profit, sales to grow in double digits; all eyes on order flow guidance

[ad_1] NEW DELHI: Larsen & Toubro (L&T) is likely to report up to 37 per cent year-on-year (YoY) rise in profit for the March quarter on a double-digit rise in sales. Margin for the quarter is seen falling on a YoY basis. Analysts said the order flows for L&T could be weak, but execution for … Read more

Eminem – Stronger Than I Was

We woke reasonably late following the feast and free flowing wine the night before. After gathering ourselves and our packs, we headed down to our homestay family’s small dining room for breakfast. Refreshingly, what was expected of her was the same thing that was expected of Lara Stone: to take a beautiful picture. We were … Read more