Stocks to Watch: Reliance Industries, M&M, LIC, Coal India, BPCL, Jindal Steel
2 years, 6 months ago

Stocks to Watch: Reliance Industries, M&M, LIC, Coal India, BPCL, Jindal Steel

Live Mint  

NEW DELHI: Following are the stocks that could be in focus on Monday: Reliance Industries: The Indian government has lost its appeal in an English High Court against a $111 million arbitration award in favour of Reliance Industries Ltd. and Shell in a cost recovery dispute in the western offshore Panna-Mukta and Tapti oil and gas fields. Coal India: The state-owned miner has floated two medium-term tenders, seeking to import 6 million tonne of coal, in a move aimed at securing domestic fuel supplies amid the fear of shortage during monsoon. Jindal Steel: Jindal Steel and Power Ltd is raising ₹15,000 crore from a clutch of banks led by State Bank of India, in one of the largest corporate loan agreements in recent times. WCL is a wholly-owned arm of Bloom Fountain Ltd which is a wholly-owned subsidiary of Vedanta Ltd. IIFL Finance: British International Investment Plc has offloaded 1.6 crore equity shares in the company through open market transactions. Max Life Insurance Company acquired 24.6 lakh equity shares in the company and Nomura India Investment Fund Mother Fund bought 44,74,548 shares at an average price of ₹325.1 a share.

India Reliance Industries Million Shares Bpcl Lic Jindal Steel Jspl  watch  mm  shares  market  coal  lic  industries  company  million  loan  india  steel  mahindra  western  reliance  stocks  jspl  jindal

History of this topic

Reliance share price jumps 8% in 10 sessions; will this upward momentum sustain?
2 weeks, 4 days ago

Reliance share price jumps 8% in 10 sessions; will this upward momentum sustain?

Live Mint  

Shares of Reliance Industries, India's largest company by market capitalisation, have rebounded strongly in recent sessions, climbing 8% in the last 10 trading days to ₹1,322 apiece. According to domestic brokerage JM Financial, the recent weakness in Reliance Industries' stock can be attributed to a 5-6% downgrade in consensus FY25 EBITDA estimates, driven by weaker-than-expected performance in the O2C and …

These five ‘hold-forever’ stocks offer high returns on equity and capital employed
3 weeks, 1 day ago

These five ‘hold-forever’ stocks offer high returns on equity and capital employed

Live Mint  

When it comes to investing for the long term, identifying stocks that consistently deliver a high return on equity and return on capital employed can be a powerful strategy. LIC reported revenue growth of 13.5% year-on-year in the first half of FY25, while operating profit was up by 2.3%. Operating profit also grew by 4% during the first half, with …

JSW Holdings Share Price Today on 27-11-2024: JSW Holdings share price are down by -5%, Nifty down by -0.07%
3 weeks, 6 days ago

JSW Holdings Share Price Today on 27-11-2024: JSW Holdings share price are down by -5%, Nifty down by -0.07%

Live Mint  

JSW Holdings Share Price Today on 27-11-2024: At 27 Nov 11:04 today, JSW Holdings shares are trading at price ₹14233.9, -5% down from the previous closing price. On the technical front, the stock is trading above the 20,50,100,300 days SMA & lower than the 5,10 day SMA. The stock will have support at 20,50,100,300 days SMA & face resistance at …

JSW Holdings Share Price Today on 26-11-2024: JSW Holdings share price are down by -5%, Nifty down by -0.03%
4 weeks ago

JSW Holdings Share Price Today on 26-11-2024: JSW Holdings share price are down by -5%, Nifty down by -0.03%

Live Mint  

JSW Holdings Share Price Today on 26-11-2024: At 26 Nov 11:02 today, JSW Holdings shares are trading at price ₹14983.05, -5% down from the previous closing price. On the technical front, the stock is trading above the 20,50,100,300 days SMA & lower than the 5,10 day SMA. The stock will have support at 20,50,100,300 days SMA & face resistance at …

JSW Holdings Share Price Today on 25-11-2024: JSW Holdings share price are down by -4.89%, Nifty up by 1.72%
4 weeks, 1 day ago

JSW Holdings Share Price Today on 25-11-2024: JSW Holdings share price are down by -4.89%, Nifty up by 1.72%

Live Mint  

JSW Holdings Share Price Today on 25-11-2024: At 25 Nov 11:04 today, JSW Holdings shares are trading at price ₹15750, -4.89% down from the previous closing price. On the technical front, the stock is trading above the 20,50,100,300 days SMA & lower than the 5,10 day SMA. The stock will have support at 20,50,100,300 days SMA & face resistance at …

LIC Mutual Fund buys stake in this small-cap stock below ₹100 during Q2FY25
1 month ago

LIC Mutual Fund buys stake in this small-cap stock below ₹100 during Q2FY25

Live Mint  

Stock Market Today: LIC Mutual Fund has bought stake in the small-cap stock JTL Industries priced below ₹100. The share holding data at the end of September 2024 quarter showed LIC Mutual fund stake at 1.54% in JTL Industries The LIC MF Large Cap Fund was holding 3021704 fully paid up equity shares of JTL Industries as per the shareholding …

Stocks to buy: Two stock recommendations from MarketSmith India for Thursday-21 November
1 month ago

Stocks to buy: Two stock recommendations from MarketSmith India for Thursday-21 November

Live Mint  

The benchmark index, Nifty50, took support around its 50-week moving average, which is around 23,300, and witnessed a strong bounce-back move in Tuesday’s trading session. As per O’Neil methodology of market direction, the current trend in this sectoral index is a “downtrend," as it breached its recent correction low of 23,350.40. The market action during the day formed a ‘gravestone …

Top Stock Recommendations: Osho Krishan of Angel One suggests Life Insurance Corp of India, and Torrent Power today
5 months ago

Top Stock Recommendations: Osho Krishan of Angel One suggests Life Insurance Corp of India, and Torrent Power today

Live Mint  

Stock Market News: Due to profit booking in most sectors, the domesticbenchmark indices, the Sensex and the Nifty 50, began lower on Thursday. Nifty 50 Outlook by Osho Krishan, Sr. Analyst, Technical & Derivatives, Angel One The benchmark index showcased some volatility in the last session as Bulls seemed to lighten their positions ahead of the mid-week holiday. Top Stock …

Marketcap of five of top-10 most valued firms surges to ₹85,582 crore; LIC leads the pack
6 months, 1 week ago

Marketcap of five of top-10 most valued firms surges to ₹85,582 crore; LIC leads the pack

Live Mint  

Last week, five of the top-10 most valued firms collectively gained ₹85,582.21 crore in market valuation, driven by a positive trend in equities, with Life Insurance Corporation of India leading the gains. Among the gainers were Reliance Industries, HDFC Bank, Bharti Airtel, State Bank of India, and LIC, while Tata Consultancy Services, ICICI Bank, Infosys, Hindustan Unilever, and ITC saw …

JSW Group and MG Motor JV to target 10 lakh EV sales by 2030, invest ₹5,000 crore
9 months ago

JSW Group and MG Motor JV to target 10 lakh EV sales by 2030, invest ₹5,000 crore

Hindustan Times  

JSW Group on Wednesday announced that a joint venture with MG Motor will aim to achieve sales of 10 lakh electric vehicles in India by 2030, capturing a significant share of the market. Mumbai: JSW Group Chairman Sajjan Jindal, JSW Cement Managing Director Parth Jindal and President and Managing Director of MG Motor India Rajeev Chaba unveil MG Cyberster electric …

Market cap of 5 firms drops ₹2.23 lakh crore last week. How did Reliance Industries, LIC fare?
9 months, 1 week ago

Market cap of 5 firms drops ₹2.23 lakh crore last week. How did Reliance Industries, LIC fare?

Hindustan Times  

Reliance Industries and Life Insurance Corporation of India took a massive hit among five of the top 10 valued firms that faced a combined erosion of ₹2,23,600 crore from their market valuation last week. Besides Reliance Industries and LIC, the other companies that saw erosion from the market cap inclouded ICICI Bank, State Bank of India and Hindustan Unilever, PTI …

LIC shares jump 9.7%, logs biggest intraday gain since listing; here’s why
1 year, 1 month ago

LIC shares jump 9.7%, logs biggest intraday gain since listing; here’s why

Live Mint  

Shares of Life Insurance Corporation, India's largest life insurer, experienced a robust intraday surge of 9.7% during Friday's trade, hitting a 10-week high of ₹677.65 apiece and also marking the largest intraday gain since listing in May 2022. This notable upswing followed LIC's target of achieving double-digit growth in new business premiums for FY24. 2-3 more policies will be launched …

Stocks to Buy: Tata Steel, JSW Steel, JSPL among top bets in metal sector
1 year, 3 months ago

Stocks to Buy: Tata Steel, JSW Steel, JSPL among top bets in metal sector

Live Mint  

The Indian economy is expected to grow at a much higher rate relative to the world and the government’s continued strong push to infrastructure capex is expected to boost domestic steel demand. Check out the stock to buy in the steel sector according to Prabhudas Lilladher: JSW Steel | Buy | TP: ₹ 926 Prabhudas Lilladher initiated coverage on JSW …

Ambani Scions Made Reliance Board Members
1 year, 3 months ago

Ambani Scions Made Reliance Board Members

Deccan Chronicle  

The Reliance Industries Limited held its 46th Annual General Meeting for its shareholders on Monday. Changes in Reliance Board Nita Ambani stepped down from the Board of Directors of Reliance Industries Limited, making way for children Isha, Akash and Anant to become the non-executive directors on the RIL Board. Key Takeaways Jio Financial Services was mini bonus for long-term RIL …

LIC acquires 6.66% shareholding in Jio Financial Services through demerger
1 year, 4 months ago

LIC acquires 6.66% shareholding in Jio Financial Services through demerger

Live Mint  

Life Insurance Corporation of India, the state-run insurance behemoth, on Tuesday announced that it has acquired 6.66% shareholding in Jio Financial Services Ltd.. In an exchange filing, LIC said that the cost of acquisition of JFSL shares, which was done through the demerger of the non-banking financial entity, is 4.68% of the pre-demerged cost of Reliance Industries as per the …

LIC share price jumps 5% after Q1 net profit swells multi-fold; should you buy?
1 year, 4 months ago

LIC share price jumps 5% after Q1 net profit swells multi-fold; should you buy?

Live Mint  

Life Insurance Corporation of India share price rallied more than 5% on Friday after the state-run insurance behemoth reported a multifold jump in its net profit for the quarter ending June 2023. LIC share price gained as much as 5.42% to ₹676.95 apiece on the BSE. Brokerage firm Motilal Oswal says LIC has the levers in place to maintain its …

Reliance-Jio Financial demerger defies all bets, JFSL valued at ₹261.85/share
1 year, 5 months ago

Reliance-Jio Financial demerger defies all bets, JFSL valued at ₹261.85/share

Hindustan Times  

The Mukesh Ambani-led Reliance Industries Limited on Thursday demerged its financial section Jio Financial Services Limited at a 1:1 ratio. After the special pre-opening session by the National Stock Exchange, RIL was valued at ₹2,580 and JFSL at ₹261.85 per share, much higher than what analysts predicted. Reliance Industries Limited logo On the Bombay Stick Exchange, which also conducted a …

Sajjan Jindal's JSW Group Looks To Acquire Majority Stake In MG Motor India: Report
1 year, 6 months ago

Sajjan Jindal's JSW Group Looks To Acquire Majority Stake In MG Motor India: Report

ABP News  

Chairman and Managing Director of JSW Group of companies, Sajjan Jindal, is set to own between 45 and 48 per cent of MG Motor India, citing sources privy to the development ET reported. According to the ET report, majority acquisition would make the automaker into an Indian entity, with the dealers and Indian employees owning around 5-8 per cent. MG …

JSW Group In Talks To Acquire 15-20 Per Cent Stake In MG Motor: Report
1 year, 7 months ago

JSW Group In Talks To Acquire 15-20 Per Cent Stake In MG Motor: Report

ABP News  

JSW Group could buy stake in MG Motor India, owned by China’s largest car company, Shanghai Automotive, according to a report by Businessline. The report stated that the two firms are in talks which could lead to JSW Group acquiring 15 to 20 per cent stake in MG Motor for anywhere between Rs 2,000 crore and Rs 3,000 crore. JSW …

Tata Steel, SAIL, JSW Steel, JSPL: Top metal stocks to buy or hold
1 year, 10 months ago

Tata Steel, SAIL, JSW Steel, JSPL: Top metal stocks to buy or hold

Live Mint  

Domestic steel demand is expected to maintain a growth of 6%-7% with higher outlay on infrastructure and impetus by the government, as per brokerage and research firm Antique Stock Broking which believes that Indian steel exports might see uptick, to fill the demand gap created by disruptions effected by earthquake in Turkey. The brokerage house has maintained its BUY rating …

LIC Becomes Fifth-Largest Company With Rs 5.53 Lakh Crore M-Cap Even At Discount Listing
2 years, 7 months ago

LIC Becomes Fifth-Largest Company With Rs 5.53 Lakh Crore M-Cap Even At Discount Listing

News 18  

As Life Insurance Corporation saw its debut listing at discount on stock markets on Tuesday, its market capitalisation has fallen by about Rs 47,000 crore to Rs 5.53 lakh crore as compared with the valuation of over Rs 6 lakh crore at its issue price. The company’s shares on Tuesday closed Rs 73.55, or 7.75 per cent, lower to Rs …

India’s biggest IPO opens in midst of volatile markets
2 years, 7 months ago

India’s biggest IPO opens in midst of volatile markets

Al Jazeera  

Through the IPO of state-run LIC, India expects to raise $2.7bn from the sale of a 3.5 percent stake. State-owned Life Insurance Corporation’s $2.7bn IPO, India’s largest, has opened to subscriptions from retail and other investors following strong demand from anchor investors led by domestic mutual funds. The Indian government expects to raise the sum, just a third of its …

LIC’s Rs.21K crore IPO, India\'s largest, to open on May 4
2 years, 7 months ago

LIC’s Rs.21K crore IPO, India\'s largest, to open on May 4

Deccan Chronicle  

Mumbai: State-run insurance behemoth Life Insurance Corporation of India’s initial public offer at Rs 21,000 crores will be India’s largest IPO so far, even after the Central government brought down the stake sale on offer to 3.5 per cent from the earlier 5 per cent. Around 6.48 crore policyholders of the state-run insurance behemoth have updated their PAN to participate …

LIC IPO Date: Govt Likely to Launch IPO by Early-May, May Offer to Sell Over 5%
2 years, 8 months ago

LIC IPO Date: Govt Likely to Launch IPO by Early-May, May Offer to Sell Over 5%

News 18  

The government is likely to launch Life Insurance Corporation’s initial public offering by early-May. According to the sources, the government has time till May 12 to launch the LIC IPO without filing fresh papers with Sebi. With a five per cent stake dilution, the LIC IPO will be the biggest ever in the Indian stock market’s history and once listed, …

LIC IPO: Why is India’s largest insurer being listed?
2 years, 10 months ago

LIC IPO: Why is India’s largest insurer being listed?

Live Mint  

India is embarking on the blockbuster listing of the country's largest insurer as part of a wider privatisation drive to bolster public coffers drained by the coronavirus pandemic and fund new infrastructure. While the pricing has not yet been set, analysts expect the IPO of the Life Insurance Corporation of India to be India's largest to date, potentially earning the …

Stage set for historic LIC IPO! Govt files DRHP to sell 5% for ₹63,000 crore
2 years, 10 months ago

Stage set for historic LIC IPO! Govt files DRHP to sell 5% for ₹63,000 crore

Live Mint  

Setting the stage for the country's biggest-ever public offering, Life Insurance Corporation on Sunday filed draft papers with capital market regulator Sebi for the sale of a 5 per cent stake by the government for an estimated ₹63,000 crore. The initial public offering of over 31.6 crore shares or 5 per cent government stake is likely to hit the D-street …

LIC IPO: India's Biggest-Ever IPO is Finally Here, Govt to Offload 5% Stake; Know Details
2 years, 10 months ago

LIC IPO: India's Biggest-Ever IPO is Finally Here, Govt to Offload 5% Stake; Know Details

News 18  

Life Insurance Corporation of India filed the draft red herring prospectus with the market regulator for its much-awaited initial public offering. LIC IPO Size: The central government owned 100 per cent stake in Life Insurance Corporation. The proceeds of LIC IPO will go to the central government and the insurance company will not receive any funds as the issue will …

LIC IPO: Govt to sell 31 crore equity shares in one of India's largest sales
2 years, 10 months ago

LIC IPO: Govt to sell 31 crore equity shares in one of India's largest sales

India TV News  

Highlights The government owns a 100 per cent stake in LIC. According to a report by rating agency Crisil, LIC is not only the world's largest when it comes to home-market share with over 64.1 per cent of the total gross written premium as of 2020 but also the one that offers the highest return on equity at 82 per …

Valued at $203 billion, India readies LIC IPO, its biggest ever
2 years, 11 months ago

Valued at $203 billion, India readies LIC IPO, its biggest ever

Al Jazeera  

The upcoming listing of the country’s insurer, the state-owned crown jewel, is being looked at as India’s Aramco moment. If investors agree with the $203 billion valuation sought by the government, LIC would compete against India’s biggest companies — Reliance Industries Ltd. and Tata Consultancy Services Ltd. “The Life Insurance Corporation’s IPO is an excellent development not only for India’s …

Market Ahead Podcast, April 22: Top factors that could guide markets today
3 years, 8 months ago

Market Ahead Podcast, April 22: Top factors that could guide markets today

Business Standard  

Indian markets look poised to open on a gap-down note on Thursday as a record spike in Covid-19 cases in the country is likely to keep investors on edge. The massive second wave of the Covid-19 pandemic vaulted past another grim milestone as India reported nearly 3.16 lakh fresh cases in the last 24 hours, the highest single-day count recorded …

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