Company Updates

Manoj Murlidharan: BUY Sun Pharmaceuticals and Bajaj Auto

Manoj Murlidharan: BUY Sun Pharmaceuticals and Bajaj Auto

Technical analyst Manoj Murlidharan has suggested two BUY Calls for today’s trade, indicating a bullish outlook for Indian markets. Indian markets are expected to touch another all-time high.

IDFC First Bank Raises Rs 1500 in Tier II Bonds

IDFC First Bank Raises Rs 1500 in Tier II Bonds

IDFC First Bank has informed the exchange about raising Rs 1500 crore in tier-II bonds for 10 years tenure with coupon interest rate of 8.4 percent.

CCI issues show-cause notice on Air India Vistara Merger

CCI issues show-cause notice on Air India Vistara Merger

Competition Commission of India has issued show-cause notice to Air India regarding the Air India-Vistara merger. Air India has 30 days period to respond to CCI show cause notice.

BYJU’s planning to raise $1 billion but valuation of the edtech company under question

BYJU’s planning to raise $1 billion but valuation of the edtech company under question

BYJU’s is planning to raise nearly $1 billion to deal with the financial issues the company is facing.

NHAI Looking at Debt Reduction and Revenue Surplus by 2028

NHAI Looking at Debt Reduction and Revenue Surplus by 2028

The National Highway Authority of India (NHAI) is planning to reduce its debt by half by year 2030 and also projecting revenue surplus by 2028. NHAI debt is currently rated AAA by rating agencies.

Infosys declines after weak guidance from Accenture

Infosys declines after weak guidance from Accenture

IT major Infosys Technologies declined during trading session after US technology major Accenture issued weak guidance. Accenture reported five percent growth in revenue for year-on-year basis.

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