Fairchem Organics shares dropped 11% on November 13 as the company reported disappointing Q2 earnings. The specialty chemicals firm saw a 61% year-on-year (YoY) drop in consolidated net profit to Rs 4.01 crore, while revenue fell 9% YoY to Rs 138 crore. EBITDA also decreased by 48% YoY to Rs 8.74 crore, with margins shrinking […]
Fairchem Organics Shares Drop 11% on Weak Q2 Results Read More »
Acme Solar shares started trading on the NSE on November 13 at a 13.15% discount, listing at Rs 251 per share, lower than the offer price of Rs 289. The Gurugram-based renewable energy firm raised Rs 2,900 crore through its IPO, with a price band of Rs 275 to Rs 289 per share. The IPO
Acme Solar Debuts on Dalal Street with 13% Discount Read More »
Shares of Medplus Health Services rose 7% on November 13, driven by impressive Q2 earnings. The company’s net profit surged to Rs 38.74 crore, more than double the Rs 14.56 crore posted last year. By 9:32 AM, the stock was trading at Rs 713 on the NSE, with trading volumes tripling the daily average. Key
Medplus Health Shares Jump 7% After Doubling Net Profit in Q2 Read More »
Shares of EPack Durable slid 5% on November 13 as the company reported a wider Q2 net loss of Rs 8.5 crore, up from Rs 6.1 crore in the previous year. By 9:30 AM, the stock was trading at Rs 462.50, despite having doubled in value year-to-date. Key Financials: Half-Year Highlights: For H1FY25, EPack’s revenue
EPack Durable’s Q2 Loss Widens, Shares Drop 5% Amid Rising Costs Read More »
Nykaa reported a 72% increase in Q2 FY25 profit to Rs 10 crore, supported by strong sales in beauty and fashion. Total revenue from operations rose 24% year-on-year to Rs 1,875 crore, and gross merchandise value (GMV) increased by 24% to Rs 3,652.5 crore. Business Highlights Financial Snapshot Stock Movement Nykaa shares fell by over
Nykaa’s Q2 Profit Rises 72%, Driven by Beauty and Fashion Sales Read More »
Shares of Globus Spirits Ltd dropped by 11% on November 12 after the company reported a big fall of 88% in standalone net profit, down to Rs 1.5 crore for the quarter ending September 30, 2024. This is a sharp drop compared to its profit of Rs 13 crore in the same period last year.
Globus Spirits Shares Drop 11% as Q2 Profit Falls Sharply Read More »
Shares of Uno Minda surged over 9 percent on November 12 after the company reported impressive Q2FY25 financial results, highlighting strong growth in revenue and profits. By 1:50 PM, Uno Minda’s stock was trading at Rs 1,003, up by 9 percent. The stock has gained 46 percent so far this year, significantly outperforming the Nifty
Uno Minda Stock Jumps 9% After Strong Q2 Earnings Performance Read More »
NTPC Green Energy Ltd., a clean energy subsidiary of NTPC, is reportedly targeting a valuation around $12 billion for its upcoming IPO, which could become one of India’s largest renewable energy offerings. Discussions with advisers suggest NTPC Green may price the IPO above Rs 100 per share, with a potential fundraising goal of up to
NTPC Green Energy Targets $12 Billion Valuation for Upcoming IPO Read More »
The grey market premium (GMP) for NTPC Green Energy’s IPO has dipped as anticipation builds around the company filing its red herring prospectus (RHP). The recent GMP decline is attributed to broader market pressures, including continued foreign institutional investor (FII) outflows, subdued quarterly results, and weak trends across Asian markets, all of which have affected
NTPC Green Energy IPO Sees GMP Drop Amid Filing Preparations for RHP Read More »
Inox Wind’s share price saw a slight rise in early trading on November 12 after securing a repeat order of 87 MW from Continuum Green Energy for its advanced 3 MW class wind turbines. By 9:19 am, Inox Wind was trading at Rs 205.55 on the BSE, reflecting a marginal gain of 0.42 percent. The
Inox Wind Secures 87 MW Order, Expands Partnership with Continuum Green Energy Read More »
