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News Desk

Bajaj Housing Finance Shares in Focus as Q4 Profit Jumps 54%, AUM Crosses ₹1.14 Lakh Crore

Bajaj Housing Finance Shares in Focus as Q4 Profit Jumps 54%, AUM Crosses ₹1.14 Lakh Crore

Shares of Bajaj Housing Finance are likely to remain in focus on April 23 after the company reported strong financial results for the January to March quarter of FY25. This housing finance subsidiary of Bajaj Finance has shown impressive growth in both profit and business operations. The company’s net profit for Q4FY25 rose by 54 […]

Bajaj Housing Finance Shares in Focus as Q4 Profit Jumps 54%, AUM Crosses ₹1.14 Lakh Crore Read More »

Waaree Energies Shares Jump 8% After Strong Q4 Results; Profit Rises 34% and Revenue Grows 36%

Waaree Energies Shares Jump 8% After Strong Q4 Results; Profit Rises 34% and Revenue Grows 36%

Shares of Waaree Energies rose over 8 percent on April 23 after the company announced strong financial results for the fourth quarter of the financial year. The company’s stock touched its highest level in nearly three months after the results were declared. Waaree Energies reported a 34 percent rise in its net profit to Rs

Waaree Energies Shares Jump 8% After Strong Q4 Results; Profit Rises 34% and Revenue Grows 36% Read More »

Gensol Engineering Faces EoW Probe After PFC Files Complaint Over Fake Documents

Gensol Engineering Faces EoW Probe After PFC Files Complaint Over Fake Documents

Gensol Engineering Ltd has come under investigation after Power Finance Corporation Ltd (PFC) filed a complaint with the Economic Offences Wing (EoW) of Delhi Police. PFC, a government-owned NBFC, alleged that Gensol submitted false documents related to loan servicing. In a statement released on April 22, PFC said it is committed to protecting its interests

Gensol Engineering Faces EoW Probe After PFC Files Complaint Over Fake Documents Read More »

Donald Trump Signals Softer Approach on China Tariffs, Hints at Lower Rates Than 145%

Donald Trump Signals Softer Approach on China Tariffs, Hints at Lower Rates Than 145%

In a positive move, US President Donald Trump said he will be “very nice” towards China in upcoming trade talks. Speaking in Washington, Trump assured that tariffs on Chinese goods would not be as high as 145%, as previously imposed during the peak of the trade tensions. Trump mentioned that China would have no option

Donald Trump Signals Softer Approach on China Tariffs, Hints at Lower Rates Than 145% Read More »

Ather Energy Sets IPO Price Band at Rs 304-321 Per Share, First IPO After Two Months

Ather Energy Sets IPO Price Band at Rs 304-321 Per Share, First IPO After Two Months

Electric vehicle company Ather Energy has fixed the price band for its upcoming IPO at Rs 304 to Rs 321 per share. The public issue will open for subscription on April 28, marking India’s first IPO launch after almost two months. Market experts believe other companies are closely watching Ather’s IPO before planning their own

Ather Energy Sets IPO Price Band at Rs 304-321 Per Share, First IPO After Two Months Read More »

IndusInd Bank Shares Drop 6% Amid Second Audit into ₹600 Crore Interest Discrepancy

Shares of IndusInd Bank fell 6% to ₹776 on April 22 after reports emerged that the bank has appointed Ernst & Young (EY) to conduct a second forensic audit. The new investigation will examine a ₹600 crore discrepancy in accrued interest income related to its microfinance portfolio. This development comes alongside an ongoing audit by

IndusInd Bank Shares Drop 6% Amid Second Audit into ₹600 Crore Interest Discrepancy Read More »

HG Infra Shares Gain 5% After Qualifying for Gujarat Battery Storage Project

HG Infra Shares Gain 5% After Qualifying for Gujarat Battery Storage Project

Shares of HG Infra Engineering rose 5% to ₹1,197 on April 22 after the company was named a qualified bidder by Gujarat Urja Vikas Nigam for a major battery storage project. The project involves setting up a Standalone Battery Energy Storage System (BESS) with a capacity of either 300 MW or 600 MWh, under Phase-VI

HG Infra Shares Gain 5% After Qualifying for Gujarat Battery Storage Project Read More »

Anant Raj Q4 Profit Surges 52% YoY to ₹118 Crore; Shares Likely in Focus

Anant Raj shares are expected to remain in the spotlight on April 22 after the company posted strong financial results for the fourth quarter of FY25. The real estate firm reported a 51.5% year-on-year rise in consolidated net profit, which climbed to ₹118.6 crore in Q4FY25 from ₹78.3 crore in the same quarter last year.

Anant Raj Q4 Profit Surges 52% YoY to ₹118 Crore; Shares Likely in Focus Read More »

Muthoot Finance Jumps Over 4% After Declaring ₹26 Interim Dividend for FY25

Muthoot Finance Jumps Over 4% After Declaring ₹26 Interim Dividend for FY25

Shares of Muthoot Finance Ltd rose over 4% on April 21 following the company’s announcement of an interim dividend of ₹26 per share for the financial year 2024-25. The company’s board also proposed increasing the firm’s borrowing limit to ₹2 lakh crore and approved the appointment of George Joseph as an independent director. On the

Muthoot Finance Jumps Over 4% After Declaring ₹26 Interim Dividend for FY25 Read More »

IT Stocks Climb Up to 6% as Infosys Q4 Results Lift Market Mood

IT stocks witnessed strong gains on Monday following upbeat guidance from Infosys’ Q4 results, which boosted overall sentiment in the technology sector. Shares of companies like Mphasis, Tech Mahindra, Coforge, and HCL Technologies saw significant upward movement. The Nifty IT index surged over 3%, making it one of the top-performing sectoral indices of the day

IT Stocks Climb Up to 6% as Infosys Q4 Results Lift Market Mood Read More »

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