Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × Shares of Agrochemical company Dharmaj Crop Guard and engineered systems manufacturer Uniparts India IPO traded with a double-digit premium in the grey market ahead of their debut, scheduled to take place soon. The healthy subscription of both IPOs, better financial performance and positive equity market conditions may be key reasons for the strong grey market premiums. The grey market is an unofficial platform for trading in IPO shares, which is generally tracked by investors to sense the expected listing price of any public issue. Dharmaj Crop Guard The initial public offering of agrochemical formulations manufacturer Dharmaj Crop attracted huge demand last week. It was oversubscribed 35.49 times between November 28 and 30, with support from all segments of investors. Qualified … [Read more...] about Dharmaj Crop Guard, Uniparts India IPO shares trade with double-digit premium in grey market
Sales and marketing
Global risk appetite got a much-needed boost from a less hawkish commentary by the US Federal Reserve chairman Jerome Powell and softening of some of the COVID curbs in China . In the week gone by, the dollar started on a positive note buoyed by safe-haven buying, as China’s worsening Covid outbreak and a series of street protests in a rare show of defiance raised fears of a government crackdown and worries about uneven economic recovery. But, the government moved quickly with a heavy police presence, censorship of social media and some quiet concessions. The measures taken to shore up the struggling property sector, which threatens the Chinese financial system, also calmed investors’ nerves. The dollar, however, saw a major pullback after Powell said “the time for moderating the pace of rate increases may come as soon as the December meeting”. Though the central bankers cautioned that the fight against inflation was far from over, markets chose to focus on his … [Read more...] about China’s politburo meeting, Russia oil price cap to drive commodities markets this week
Share to Twitter Share to Linkedin Mercedes-Benz stock (OTCMKTS: MBGAF) has gained almost 20% over the last month, following a strong set of Q3 earnings and broader gains in global stock markets. Over the quarter, revenue rose almost 19% year-over-year to 37.7 billion euros (about $37.5 billion), as deliveries expanded after multiple quarters of supply chain and semiconductor supply-related issues. Mercedes-Benz car sales rose 38% year-over-year to 530,400 units, marking a sharp reversal from Q2 2022 when volumes dipped by about 6% year-over-year. Net profits also rose by about 35% to 4.0 billion euros, despite inflation-related pressures, partly due to a favorable model mix. Mercedes has been prioritizing the delivery of more premium vehicles and trims in recent quarters with its top-end luxury vehicles accounting for 15% of overall sales over the last quarter. However, despite the strong numbers over the last quarter, we remain neutral on Mercedes, with … [Read more...] about Is Mercedes Stock A Buy At $65?
Share to Twitter Share to Linkedin Anheuser-Busch InBev stock (NYSE: BUD) has seen a rise of 17% in a month, while it’s down 1% this year. This compares with 6% and -14% returns for the broader S&P500 index over the same periods, respectively. This outperformance can partly be attributed to an upbeat Q3 performance, with sales and earnings rising, driven by higher demand. Furthermore, a recent upward revision in BUD’s stock price estimate from one of the Wall Street research firms has also bolstered its growth. Anheuser-Busch InBev is also the official sponsor for Qatar’s ongoing FIFA World Cup. Given that Qatar has banned the sale of beer inside the stadiums, the company is reportedly seeking a discount from its sponsorship deal with FIFA. [ 1 ] But now that BUD stock has seen a 17% rise in a month will it continue its upward trajectory, or is a fall imminent? Going by historical performance, there is a high chance of an increase in BUD … [Read more...] about What’s Next For Anheuser-Busch InBev Stock After A 17% Rise In A Month?
Share to Twitter Share to Linkedin Rental equipment provider Ashtead Group’s share price rose on Tuesday after it updated guidance for the full year. At £50.80 per share the FTSE 100 firm was last trading 1% higher on the day. Should investors snap up shares in Ashtead following impressive recent trading? Sales and Profits Soar In its trading update for its second quarter Ashtead said that revenues jumped 28%, to $2.5bn. This meant sales in the six months to October were up 26% year on year at $4.8bn. The company witnessed “ongoing momentum in robust end markets,” it said, a result that pushed adjusted pre-tax profit in quarter two 28% higher to $688m. First-half profit was up by the same percentage, at $1.2bn. Ashtead invested $1.7bn of capital on existing locations and greenfield sites during the first half. It also spent $609m on more than two dozen bolt-on acquisitions. This spending added another 72 locations to its core US business. … [Read more...] about Ashtead Hikes Full-Year Forecasts. Should You Buy The FTSE 100 Stock Today?
Share to Twitter Share to Linkedin Denis Sinelnikov is the CEO of Media Components , an award-winning, full-service digital marketing agency. “I’m doing everything I’m supposed to. I don’t understand why my online ads aren’t working anymore,” a client—let’s call her Mary—said to me when we sat down to look at her digital marketing strategy together. Like many entrepreneurs, Mary had been handling her own marketing when she launched her small art gallery five years ago. Now, she found herself at a plateau, unable to grow from where she was. When I told her the first step was to complete a digital marketing audit, she may have paled slightly. After all, an audit is supposed to mean something went wrong, right? What Is A Digital Marketing Audit? When most people hear the word “audit,” their minds immediately turn to taxes. Like a tax audit, a digital marketing audit involves a lot of digging through details—in this case, the details of a digital … [Read more...] about The Why And How Of A Digital Marketing Audit
Share to Twitter Share to Linkedin FTSE 250 shares Tritax EuroBox and SSP Group have both gained value following fresh trading statements on Tuesday. Here are the key takeaways from their latest updates. Tritax Eurobox Real estate stock Tritax EuroBox has risen 1% to 67.4p per share following news of strong rental growth in the last financial year. Rental income rose 31.9% in the 12 months to September, it said, to €57.9 million. This reflected a 4% increase in like-for-like rental growth, allied with asset management activity and acquisitions, the business added. Adjusted earnings per share dropped 8% to 4.24p, meanwhile, a result Tritax said was chiefly due to the timing of deployment of the prior year’s equity raise. The property stock — which owns and operates warehouses and distribution centres across Mainland Europe – saw the value of its portfolio soar 37.8% in financial 2022 to €1.77 billion. This was primarily driven by the nine … [Read more...] about FTSE 250 Stocks Round-Up: Tritax Eurobox, SSP Group
Share to Twitter Share to Linkedin Ticketmaster could pay a costly fine — in the billions of dollars — if a lawsuit filed in California against parent company Live Nation Entertainment LYV achieves its aims. The complaint — filed December 2 on behalf of 26 plaintiffs who tried and failed to buy tickets to Taylor Swift’s 52 date 2023 concert tour — alleges that anti-competitive behavior by Live Nation caused harm to concertgoers and the ticketing industry, according to the New York Times . Ticketmaster did not respond to a request for comment from the Times on December 5. Last month Greg Maffei, Live Nation chairman. blamed Swift’s popularity. As he told CNBC. Ticketmaster “could’ve filled 900 stadiums...The reality is, Taylor Swift hasn’t been on the road for three or four years, and that’s caused a huge issue.” The lawsuit seeks damages of $2,500 for each of Live Nation’s alleged violations of California’s antitrust code — which it does not … [Read more...] about Swifties’ Suit Seeks $2,500 Per Ticketmaster Antitrust Violation
Share to Twitter Share to Linkedin If consumers relate to a brand’s message, story or personality in an emotional way, the sense of connection it creates can help drive them to take action. To prompt customers and prospects to sign up for emails, subscribe to newsletters, download a free asset or like, follow and share a brand’s social media content, for example, using marketing tactics that elicit emotion is a great way to nudge them toward a direct response. Emotions tend to trump facts when it comes to influencing buyers. Rather than listing the benefits or features of a product or service, appealing to the audience on an emotional and personal level can generate more conversions. Below, 15 Forbes Communication Council members outline different ways leveraging emotional marketing can help boost brand awareness, recall and loyalty. 1. Connecting More Deeply With Audiences Emotional marketing allows you to connect with your audience in a much deeper … [Read more...] about 15 Brand-Boosting Benefits Of Emotional Marketing
Share to Twitter Share to Linkedin Every large change in the business environment brings opportunity. Even a recession, which lowers sales for most companies, offers opportunities for a small number of companies to expand. Business planning for a recession (which I am predicting to start in late 2023 or early 2024) should include not only surviving, but also thriving in the aftermath of the downturn. Company leaders should sketch out their opportunities for growth at the beginning of their recession planning process. Then as they work through likely cuts to expenses, they can keep in mind the upside potential they want to grasp in the final stages of the recession. Growing market share is an achievable goal in a recession. An Arizona distributor of fasteners—nuts, bolts, nails, etc.—grew market share by stocking greater inventory than his rivals. Cutting inventory is a usual strategy for coping with a recession, but this company had entered the … [Read more...] about Business Growth In An Economic Recession