The Reading List: November 10, 2023 November 10th, 2023 17:27
A selection of articles and social media gems from the world of economy, business and finance, curated by our research and opinion teams

Share price of Bharat Forge jumps as Sensex gains 30.04 points November 10th, 2023 16:27
Promoters held 45.25 per cent stake in the company as of 30-Sep-2023, while FII and DII ownership stood at 16.28 per cent and 19.81 per cent, respectively.

Gandhar Oil Refinery IPO to open on November 21. Check details November 10th, 2023 16:27
Gandhar Oil Refinery IPO comprises a fresh equity issue of Rs 357 crore and an offer for sale (OFS) of Rs 143 crore. The price band for the issue will be announced soon for the Rs Rs 500-crore IPO.

India derivatives boom helps BSE stock trounce global peers November 10th, 2023 16:27
Shares of BSE have rallied 270% this year, trouncing global platforms such as cryptocurrency major Coinbase Global Inc. and Cboe Global Markets Inc., as well as the country’s Multi Commodity Exchange of India Ltd. The rally was partly driven by BSE relaunching derivative contracts on the benchmark Sensex and the banking sector gauge in May this year, attracting investors with reduced lot sizes and a new expiry cycle.

Market tailwind for next 15 to 20 years? Madhusudan Kela identifies 4 themes November 10th, 2023 16:27
“There is a certainty in India that one allows one to think from a 15-20 year perspective. There is a kind of money which we are expecting. I will be personally very surprised that after May election, political instability, if $100 billion does not come in India through bonds and equity. Normally $15-20 billion comes.”

Rupee falls to lifetime low, notches weekly decline November 10th, 2023 16:27
The rupee hit its record low of 83.42 during the session after breaching its previous alltime low of 83.2950 which was hit on Nov. 1.

Buy Anupam Rasayan; target of Rs 1070: Emkay Global Financial November 10th, 2023 16:27
Emkay Global Financial is bullish on Anupam Rasayan has recommended buy rating on the stock with a target price of Rs 1070 in its research report dated November 07, 2023.

Buy UNO Minda; target of Rs 670: Emkay Global Financial November 10th, 2023 16:27
Emkay Global Financial is bullish on UNO Minda has recommended buy rating on the stock with a target price of Rs 670 in its research report dated November 07, 2023.

Brokerages positive on Alembic Pharma#39;s US growth outlook, weak domestic show still a concern November 10th, 2023 16:27
They expect the company’s forthcoming facility launches in the US to lead to a healthy operating leverage. Alembic Pharma plans to launch over 20 products in FY24, with a focus on oral solids, injectables, and derma segments

Hold JK Cement; target of Rs 3500: Emkay Global Financial November 10th, 2023 16:27
Emkay Global Financial recommended hold rating on JK Cement with a target price of Rs 3500 in its research report dated November 07, 2023.