Fri, Feb 2, 2024 12:45 PM
Hot Stocks: Brokerages view on Indian Hotels, Titan Company, Paytm!
A Flip by Avya Verma
Stock Market Today: Hindustan Zinc share price declined more than 7% in the morning trades on Wednesday. Offer for sale for 2.5% stake sale by the government starts today. The floor price set by the government is almost 10% lower than the previous close. Hindustan Zinc share price opened at ₹520.85 on the BSE on Thursday. almost 7 percent lower than the previous closing price of ₹559.45.
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Titan shares are in focus on Wednesday after the company reported that its consolidated profit for the quarter ended September 2024 fell 23.1% to Rs 704 crore year-on-year (YoY) mainly due to impact of customs duty reduction. During the quarter, Titan's total income rose 26% YoY to Rs 13,660 crore. The profit figure was lower than Street estimates of Rs 900 crore as reflected in a poll by ET Now.
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ACME Solar Holdings IPO: The initial public offering for the renewable energy company ACME Solar Holdings Ltd is set to begin on Wednesday, November 6, and will end on Friday, November 8. ACME Solar Holdings secured ₹1,300.50 crore from its anchor investors on Tuesday, November 5. ACME Solar Holdings IPO price range has been established between ₹275 and ₹289 per share.
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