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Latest Cupid News

Cupid Stock News and Insights: Stay updated with the latest Cupid stock news and industry trends. Access quick information on Cupid stock buybacks,Cupid results, Cupid company analysis, Cupid live prices, Cupid dividends, Cupid bonus share, board meetings, lifetime highs, Cupid targets, lows, and growth stories with AI—all in one place.

The company looks to expand this pie substantially with a ₹50-cr topline target this fiscal

Business Line

Cupid to diversify with new product launches

The company looks to expand this pie substantially with a ₹50-cr topline target this fiscal

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Thu, Sep 5, 2024

Stocks News

IDFC to merge with IDFC FIRST Bank, effective October 1

IDFC Ltd will merge into IDFC First Bank effective October 1, following approval from the National Company Law Tribunal. The merger will dissolve IDFC financial holdings and simplify the corporate structure. IDFC First Bank will issue new equity shares and address accumulated losses, potentially enabling future dividend payments.

IDFCFIRSTB

IDFC

Trent, Kotak Mahindra Bank among 5 stocks with short buildup

This suggests that a growing number of traders anticipate a price decline and are positioning themselves to profit from it by selling short.

KOTAKBANK

M&M

TRENT

NSE, BSE revise transaction fees: Here are new charges effective from October 1

BSE revised transaction charges for Sensex and Bankex options to ₹3,250 per crore effective October 1, 2024, per SEBI's directive.

BSE

ICICI Bank offers special deals on iPhone 16 and other Apple products

ICICI Bank has announced special offers for customers purchasing Apple products, including up to Rs 5,000 cashback on iPhone 16 purchases using credit cards and EMI options. Additional cashback is available on Apple Watch and AirPods. The offer is valid until December 31, 2024, and includes exclusive benefits for ICICI Bank credit card holders.

ICICIBANK

Stock market update: FMCG stocks down as market falls

The 30-share BSE Sensex closed down 264.27 points at 85571.85

BSE

Bulls take a breather, financials drag Sensex 264 points lower, Nifty slips below 26,200

Sensex and Nifty ended their streak of record highs, closing in the red due to declines in heavyweight financial stocks. Sensex fell by 264 points to 85,571, while Nifty dropped 37 points to 26,178. Gains in IT and metal stocks partially offset the losses. Sequent Scientific surged over 14% after announcing a merger with Viyash Life Sciences. Despite the decline in blue-chip indices, the market capitalisation of all listed companies on the BSE surged by Rs 77,280 crore to Rs 477.92 lakh crore.

BSE

SEQUENT

Zomato share price falls 4% after Swiggy files IPO DRHP with Sebi

Swiggy's IPO move had investors buzzing about the competitive landscape in the food delivery market as Zomato's scrip slipped up to 3.64 per cent to an intraday low of Rs 273.50 per share.

ZOMATO

HDFC AMC shares down 1.35% as Sensex falls

A total of 3,073 shares changed hands on the counter till 01:59PM (IST)

TOTAL

ICICI Prudential Mutual Fund launches two passive funds

Both offerings fall under the smart beta category, focusing on a factor-based strategy to provide investors with a low-cost, value-driven investment approach, according to the press release by the fund house.

BETA

Avenue Supermart shares down 1.08% as Nifty drops

A total of 8,274 shares changed hands on the counter till 01:33PM (IST).

TOTAL

Havells India shares up 0.02% as Nifty drops

A total of 8,002 shares changed hands on the counter till time (IST).

HAVELLS

TOTAL

SJVN inks two agreements worth ₹48,000 crore with Maharashtra government; Stock up over 4%

SJVN Share Price | The company signed a Memorandums of Understanding (MoUs) with the Maharashtra government to develop pumped storage projects (PSPs) and floating solar projects (FSPs) in the state.

SJVN

WORTH

KEC International raises ₹870 crore via QIP; Shares down1%

KEC International Share Price | In a filing to the stock exchange on September 26, the company said that it issued a total of 91,11,630 equity shares with a face value of ₹2 each to raise a total of ₹ 870.16 crore via the QIP.

KEC

TOTAL

Neuland Laboratories shares gain on USFDA nod for BMS Schizophrenia Drug

Neuland Laboratories Share Price | Analysts believe that the stock's sharp upward movement reflects investor optimism about Neuland's potential role in the production of this promising new therapy.

NEULANDLAB

ICICI Bank sees gross credit loss of 4.4% in credit card portfolio in FY24: Macquarie

ICICI Bank reported gross credit losses of 4.4% in its credit card portfolio for FY24, lower than SBI Cards' 7.4%. HDFC Bank's net credit losses were at 3.2%, while ICICI Bank stood at 2.2%. Rising defaults among young millennials are contributing to increased stress in unsecured advances.

HDFCBANK

ICICIBANK

PNB shares gain 1.58% as Sensex rises

A total of 949,955 shares changed hands on the counter till 10:56AM (IST)

PNB

TOTAL

Hold MphasiS, target price Rs 2,920: Prabhudas Lilladher

Prabhudas Lilladher has hold call on MphasiS with a target price of Rs 2,920. The current market price of MphasiS is Rs 3,083.35.

MPHASIS

Crompton Greaves shares up 1.59% as Nifty gains

The stock quoted a 52-week high price of Rs 483.65 and low of Rs 262.1.

CROMPTON

Vedanta shares surge 3% to hit 52-week high. Here's why

The company has set October 16 as the record date for the interim dividend. The Anil Agarwal-led company had previously announced interim dividends of Rs 20, Rs 4, and Rs 11.

VEDL

LTIMindtree rises 0.77% as Sensex climbs

The stock traded at a P/E multiple of 40.53, while the price-to-book value ratio stood at 7.3.

LTIM

Hold Infosys, target price Rs 1,680: Prabhudas Lilladher

Prabhudas Lilladher has hold call on Infosys with a target price of Rs 1,680. The current market price of Infosys is Rs 1,932.95.

INFY

Buy HCL Technologies, target price Rs 1,790: Prabhudas Lilladher

Prabhudas Lilladher has buy call on HCL Technologies with a target price of Rs 1,790. The current market price of HCL Technologies is Rs 1,806.

HCLTECH

Suzlon Energy shares get a downgrade from Morgan Stanley after stock doubles in six months

Suzlon's outperformance was driven by the strong increase in order book and its improved balance sheet along with cash flows from operations. Suzlon's order book is now at an all-time high, near the mark of 5 GW.

SUZLON

Shares of Ambuja Cements rise as Nifty gains

On the technical charts, the 200-day moving average of the stock stood at Rs 608.04.

AMBUJACEM

Coforge, Dalmia Bharat among 5 stocks with long buildup

A long buildup indicates bullish trends.On Friday, five stocks registered fresh long positions in the Futures and Options segment.

DALBHARAT

COFORGE

Marico shares up 1.62% as Nifty gains

The stock quoted a 52-week high price of Rs 713.6 and low of Rs 486.75.

MARICO

Shares of Info Edge rise as Nifty gains

On the technical charts, the 200-day moving average of the stock stood at Rs 6116.17.

NAUKRI

Trent, BEL among 10 stocks to to receive significant inflows

Nifty 50's September rejig on September 30 will add Trent and BEL, increasing passive fund inflow into top stocks, as reported by Nuvama.

BEL

TRENT

NUVAMA

Vedanta shares up 2.55% as Nifty gains

The stock quoted a 52-week high price of Rs 515.85 and low of Rs 207.85.

VEDL

Bharat Forge, LTTS and 5 more stocks earned upgrades in last 1 month. Check revised target prices

Several brokerages have upgraded the target prices of various stocks over the past month.

LTTS

BHARATFORG

SAIL, NMDC among 5 midcap stocks that crossed VWAP on September 26

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NMDC

SAIL

UBS advises 'selling' a bunch of pharma stocks

UBS has initiated coverage on Zydus Lifesciences Ltd. and Dr Reddy's Laboratories Ltd. with a 'Sell' recommendation, setting price targets of ₹850 and ₹5,700 per share, respectively, citing that the market is overestimating their core margins.

DRREDDY

ZYDUSLIFE

Marketbuzz Podcast with Kanishka Sarkar: Market likely to start in green, IT stocks in focus

Marketbuzz Podcast: The Indian market is likely to start in green tracking global cues with a focus on IT stocks. Tune in to the podcast for more cues

FOCUS

GLOBAL

HDFC Bank Stocks Live Updates: HDFC Bank Shows Positive Momentum with 2.43% Weekly Return

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HDFCBANK

Reliance Industries Stocks Live Updates: Reliance Industries Closes at Rs 2995.90, Signals Steady Trend with 0.81% Weekly Return

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RELIANCE

Stocks that will see action today: September 27, 2024

Buzzing stocks: Nuvama, Infosys, Prataap Snacks, LTIMindtree, Divis Lab, Trent, BEL, NTPC, Biocon, InterGlobe, RITES, Indian Bank, Piramal Enterprises, RailTel, Union Bank

Stock Market Highlights: Indices 50 fail to hold intraday record levels, Nifty 50 gives up 26,200

Sensex Today | Stock Market Highlights: Indian benchmark indices Nifty 50 and Sensex ended off intraday highs on Friday. Sensex fell 264 points to 85,572, on the other hand, Nifty Bank fell 541 points to 53,834.

INDIANB

Stock to buy today: Hindalco Industries (₹734.50): BUY

Hindalco Industries share price can rise to ₹800

HINDALCO

Prataap Snacks Acquisition: Authum Investment, Mahi Kela to acquire controlling stake

Prataap Snacks will continue to remain a listed entity post the Open Offer and the acquirers do not intend to de-list the stock, the exchange filing stated.

DIAMONDYD

Nuvama Wealth, Indian Bank, Piramal Enterprises, RailTel, NTPC and more: Top stocks to watch out for on September 27

stocks to watch, Nuvama Wealth Management, Indian Bank, Piramal Enterprises, RailTel, NTPC, Adani Green Energy, Infosys,Biocon, Jubilant Pharmova and more, these are the stocks to watch for today.

RITES consortium emerges lowest bidder in a Delhi Metro Project worth ₹87.58 crore

The state-owned undertaking recently announced a 1:1 bonus share allotment and a final dividend of ₹5 per share for eligible shareholders. The PSU's stock price has gained over 45% so far this year.

RITES

WORTH

SJVN to develop pumped storage, floating solar projects in Maharashtra

State-owned SJVN has signed two agreements with the Maharashtra government to develop pumped storage and floating solar projects worth Rs 48,000 crore. The projects include five pumped storage facilities totaling 8100 MW and a 505 MW floating solar project at lower Wardha Dam. These initiatives are expected to create around 8,400 jobs.

SJVN

WORTH

Infosys shareholders have earned ₹641 as dividends since 2000: A look at its bonus and buyback history

Since it first began paying dividends in 2000, Infosys has paid ₹641.25 in dividends to shareholders, carried out a share buyback and also issued bonus shares thrice.

INFY

Asus aiming for govt laptop, PC deals from 2025

Asus, a Taiwanese IT hardware maker, plans to enter the Indian government contract market for laptops and PCs by 2025. The company aims to meet local value addition criteria and has partnered with Dixon Technologies for local manufacturing. Asus is also exploring sourcing components locally to reduce production costs.

DIXON

What Ramesh Damani said on Nifty hitting 5 lakh in the next 10-15 years

In an exclusive interview with CNBC-Awaaz, the ace investor said that the Indian stock market continues to set new records. He sees momentum in Indian stock market shifting from mid- and small-caps towards large-cap shares.

ACE

Mitsubishi Pencil JV boosts Linc shares by 6%: details for investors

The joint venture taps into Mitsubishi's global writing instruments expertise and an annual turnover exceeding $500 million

LINC

GLOBAL

ICRA forecasts decline in India’s cut & polished diamond exports to decade-low levels

ICRA forecasts India's cut and polished diamond exports to hit a decade-low of $12.5-13 billion in FY2025, marking an 18-19% year-on-year decline. The downturn is driven by weak global demand, increased competition from lab-grown diamonds, and high inventory levels. The sector outlook remains negative.

ICRA

GLOBAL

Anant Mukesh Ambani, BP CEO open Jio-bp's 500th EV-charging station

Anant Mukesh Ambani, Director, Reliance Industries Limited (RIL) and Murray Auchincloss, CEO, bp, on Thursday inaugurated the 500th Jio-bp pulse EV-charging station of Jio-bp. Jio-bp is a fuels and mobility joint venture between RIL and global energy giant BP. "The commissioning of the EV-charging station enables access for guests at the Nita Mukesh Ambani Cultural Centre, Jio World Plaza and Jio World Convention Centre in Bandra Kurla Complex (BKC), Mumbai, marking the installation of the 500th Jio-bp pulse charging point in India," a company statement said. Jio-bp has expanded its network of EV-charging stations at a rapid pace, growing from 1,300 to 5,000 in just a year. With 95 per cent of its EV-charging network comprising fast charging stations -- the highest in the industry -- the company is poised to deliver high speed electrons with unmatched industry-leading uptime of 96 per cent, establishing itself as the country's most reliable charging network, it said. Jio-bp is als

RELIANCE

GLOBAL

RELIABLE

Vedanta edges higher on fourth interim dividend proposal

Vedanta advanced 3.42% to Rs 496 after the company said that its board will meet on 8 October 2024 to consider a proposal for fourth interim dividend on equity shares for the financial year 2024-25.

VEDL

This global strategist isn’t worried about India’s IPO rush

Matt Orton, the US Market Strategist and Chief Market Strategist at Raymond James Investment Orton believes that the active IPO scene reflects India's strong regulatory environment, innovation, and the growing appetite for public companies.

RAYMOND

GLOBAL