Angel One plunges 10% on sharp margin contraction in Q3
The sharp margin contraction has been attributed to higher operational expenditure due to increased client acquisition
Source: moneycontrol.com
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HDFC Bank, Reliance, Bajaj Finance in fray to be India's first trillion-dollar company by 2032
There are only six firms with $1 trillion market cap. Microsoft leads the pack at $2.9 trillion, followed by Apple at $2.87 trillion and Saudi Aramco at $2.1 trillion. In India, RIL is most valued firm at $213 billion, while HDFC Bank and Bajaj Finance are also in fray to be the first in India to reach $1 trillion
Source: moneycontrol.com
Union Bank of India becomes fourth PSU lender to cross Rs 1-lakh-crore valuation
The stock in 2023 jumped nearly 49 percent while so far in 2024 it advanced nearly 15.1 percent. The firm will report its December quarter earnings on 20 January.
Source: moneycontrol.com
UBS forecasts Paytm's EBITDA breakeven in FY25, initiates coverage with 'buy' call
Paytm's continued monetisation, improved profitability dynamics and discounted valuations as compared to global and Indian peers makes UBS bullish over the online payments aggregator.
Source: moneycontrol.com
Nalco, Hind Copper gain 5% on lithium mining venture with Argentinian major
Khanij Bidesh India Ltd. (KABIL), a joint venture of NALCO Ltd., Hindustan Copper Ltd., and Mineral Exploration Company Ltd., has inked a deal with Argentina's CAMYEN SE
Source: moneycontrol.com