Shares of Aurionpro Solutions Ltd. are trading with gains of 5% on Wednesday after the company announced a bonus issue in the ratio of 1:1. This means that the company will issue one free share for every one share held by shareholders as of the record date. This is the first ever bonus share issue undertaken by the company, according to data available on the exchanges.
Open Flip✅Jefferies has maintained a 'buy' rating on Siemens with a target of ₹8,000 per share. ✅HSBC has downgraded its rating on PVR Inox with a target of ₹1,520 per share. ✅Morgan Stanley has maintained an 'overweight' rating on Bharti Airtel with a target of ₹1,330 per share. ✅Nomura has maintained a 'buy' rating on Shree Cements with a target of ₹33,400 per share.
Open FlipLarge wildfires that were threatening Canada's oil sands and the market's expectation that U.S. crude oil and petrol stockpiles would show a decrease later in the day contributed to an increase in oil prices in early trade on Wednesday. At $82.71 per barrel, Brent crude futures were up 34 cents, or 0.4%. U.S. WTI had increased 38 cents, or 0.5%, to $78.39 per barrel.
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