The stock of Mahindra & Mahindra (M&M) has been touching successive all-time highs on the bourses and, over the past year, gained 81 per cent. While the S&P BSE Auto Index has not performed poorly, registering gains of 73 per cent, it still trails the company by 800 basis points (bps) during this period. There are multiple reasons why investors are beating a path to M&M's counter.
The Andhra Pradesh police registered an "attempt to murder" case against former chief minister YS Jagan Mohan Reddy, two senior IPS officers and two retired officials, following a complaint lodged by a TDP MLA, an official said on Friday.
The stock of Apollo Hospitals Enterprise (AHEL), India's largest listed health care services company, fell 4.6 per cent on Monday (April 29) and slipped another 0.34 per cent to close at Rs 5,946.20 on Tuesday (April 30). The share declined due to a lower valuation for subsidiary Apollo HealthCo (AHL) and an aggressive valuation for Keimed, a promoter-owned drug wholesaler that is merging with AHL.
Sheikh Hasina, who quit as prime minister and fled Bangladesh, will be back in the country as soon as democracy is restored, his son Sajeeb Wazed Joy said on Thursday and blamed Pakistan's intelligence agency, ISI, for fuelling the ongoing unrest in the country.
Yoga is an excellent way to help children develop mindfulness and enhance their ability to concentrate. says rediffGURU Sabrina Merchant.
While it's important to work towards saving your marriage, you must also be willing to accept that the outcome may not be what you hope for, says Dr Ashish Sehgal.
Manoj Tiwary and Munaf Patel extended wishes to former India captain Sourav Ganguly on his 52nd birthday.
'We emphasise the importance of not basing investment decisions solely on electoral outcomes.' 'Instead, focusing on investing in high-quality businesses capable of prospering regardless of the political landscape is paramount.'
Modi said that Congress' tally in the Lok Sabha polls will be an "all-time low"
For over a decade, HDFC Bank consistently outperformed industry growth rates in both deposits and advances, maintaining impeccable asset quality. Amid a landscape where other banks struggled with soaring non-performing assets (NPAs), HDFC Bank thrived, eventually surpassing ICICI Bank to become the largest private sector lender in India. Its net interest margin (NIM) remained stable in the range of 4.1-4.4 per cent.
Lakshya had struggled through much of 2023 and early part of 2024. He fell behind in the qualification race but turned things around in time with two semi-final finishes at the All England Championship and the French Open to seal his place in the Olympics.
Such public domain discussions affect their morale and dedication -- and that, if anything, will definitely affect combat-effectiveness, asserts Vice Admiral Biswajit Dasgupta (retd).
Subramanian Swamy now wants Arvind Subramanian sacked.
'Never, not even once, has Kamala Harris said that she is Indian American. I know why.' 'From the Indian American community she can get maybe 1% percent votes. But if she says she's African American she gains about 20% votes.'
Marico's January-March quarter (Q4) results were slightly better than consensus. Revenue was up by 1.7 per cent year-on-year (Y-o-Y) to Rs 2,280 crore. Ebitda grew by 12.5 per cent Y-o-Y to Rs 440 crore. Adjusted PAT was up 10.3 per cent Y-o-Y to Rs 320 crore.
Health insurance policy-holders will be able to avail a discount on the premium payable if there were no claims made in the previous year, according to the circular released by the regulator.
Mahindra & Mahindra (M&M) reported very strong results for the January-March quarter of the last financial year (Q4FY24), beating consensus comfortably. The margins of the automobile business improved 170 basis points (bps) year-on-year (Y-o-Y) to 8.8 per cent, while FES (Farm Equipment Sector) margins improved to 15.8 per cent (up 60 bps Y-o-Y), despite a decline in volumes due to cost optimisation and lower raw material costs.
'It will be difficult to challenge Hindutva anymore as the police will have the power to charge you as anti-national.'
Jharkhand Chief Minister Hemant Soren was questioned by the Enforcement Directorate (ED) for over nine-and-half-hours on Thursday in connection with its investigation into an alleged illegal mining case.
Please get up and walk for five minutes every 1 to 2 hours, advises rediffGURU Nidhi Gupta.
rediffGURU Mohit Arora offers advice on how you can manage your emotions and improve your personality to be more confident and positive.
HDFC Bank's January-March quarter result, which came in-line with expectations, failed to enthuse investors. The reason? The management's decision to abstain from providing any specific growth guidance, and analysts' expectations of an arduous road to recovery. Analysts believe the path to normalisation of several growth metrics is unlikely to be a straightforward one, and the road to balance sheet realignment may be long.
Senior India batter KL Rahul is unlikely to feature in the fifth and final Test against England in Dharamsala as he continues to feel sore in his right quadriceps.
'aris can be boiling hot in July. The choice of viscose over cotton was deliberate. Cotton would have crushed badly. We used viscose because it is a wood pulp fibre and lets you breathe. It is cooler than silk. We had to consider breathability because the athletes would be on a barge, in the heat, for up to five hours.'
These are usually found among small and midcaps. It is not easy to find such stocks, especially after a strong bull market, discovers Debashis Basu.
Tactical investors should have an investment horizon of around six months to one year, long-term investors should stick around for 10 years or more.
Verma's team is currently top of the table with two wins from three matches.
In an address from the lectern on the steps of 10 Downing Street on a rainy London evening, Britain's first Prime Minister of Indian heritage confirmed a summer poll in six weeks' time and that the Parliament would soon be dissolved after he formally informed King Charles III of the election timeline.
Analyst are cautious about the performance of IT services sector from January to March quarter (Q4) of FY24 and the first half (H1) of FY25. While the Bloomberg consensus on revenue implies the market is expecting 2-3 per cent growth on a quarter-on-quarter (Q-o-Q) basis for the IT majors through FY25, the H1FY25 is likely to see even flatter returns, and Q4FY24 is likely to be poor. There is likely to be some recovery in the second half (H2FY25) but even so, there's a chance that the market will be overall disappointed.
Xavi furious at referee as Barcelona knocked out by PSG
rediffGURU Jinal Mehta answers readers' financial planning and health insurance queries
'Can you believe Ashok Chavan was with me in the senior leaders' meeting one day, and next day morning, he switched sides!'
'Imagine what the BJP's urges would be if India's electorate awarded it truly brute majorities like the 400 plus seats the prime minister called for in the 2024 general elections?' asks Shyam G Menon.
'After a month of working on the new machine, I realised that the black glass on the VVPAT lets the programmer manipulate not just the electronic system, but the paper vote too.' 'And it will not be detected even during the mock poll or the actual voting because of the black glass.'
Market chatter suggests that the BJP could win fewer than 300.
Opinions vary, but fund managers remain bullish.
'There is no peace in the Kashmir Valley.'
We need not spend much time going over what this government has done and is doing to the Opposition, by misusing the Enforcement Directorate and the CBI. There is a daily update on that, notes Aakar Patel.
Traction for its specialty portfolio, a strong showing in the domestic market, and better regulatory compliance are positives for the country's largest pharmaceutical (pharma) company, Sun Pharmaceutical Industries. Given the triggers, some brokerages have increased their earnings per share estimates and target price for 2024-25 (FY25). This should sustain the momentum for the stock, which has been one of the major pharma gainers in 2023-24 (FY24), rising 57 per cent. It is currently trading at Rs 1,547 per share.
China is likely to deploy Artificial Intelligence-generated content via social media to sway public opinion to boost its geopolitical interests during elections in countries like India, South Korea and the US, tech giant Microsoft has warned.
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