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News Desk

Uno Minda Stock Jumps 9% After Strong Q2 Earnings Performance

Uno Minda Stock Jumps 9% After Strong Q2 Earnings Performance

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 […]

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NTPC Green Energy Targets $12 Billion Valuation for Upcoming IPO

NTPC Green Energy Targets $12 Billion Valuation for Upcoming IPO

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

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NTPC Green Energy IPO Sees GMP Drop Amid Filing Preparations for RHP

NTPC Green Energy IPO Sees GMP Drop Amid Filing Preparations for RHP

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

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Bitcoin Nears $90,000 as Pro-Crypto Agenda Sparks Fresh Rally

Bitcoin Nears $90,000 as Pro-Crypto Agenda Sparks Fresh Rally

Bitcoin prices surged close to $90,000 on Tuesday, reaching $89,599 as market sentiment turned highly optimistic following President-elect Donald Trump’s pro-crypto stance and his pledge to reshape the US cryptocurrency regulatory landscape. The rally gained momentum as Trump announced plans to position the US as a leader in cryptocurrency. His agenda includes setting up a

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Biocon Shares Rise 5% After USFDA Clears Bengaluru Facility with Favorable Rating

Biocon Shares Rise 5% After USFDA Clears Bengaluru Facility with Favorable Rating

Shares of Biocon rose by 5 percent on November 11 after the US Food and Drug Administration (FDA) granted its Bengaluru biologics unit a “Voluntary Action Indicated” (VAI) status. This designation is generally positive, indicating minor issues found during the inspection but no need for regulatory or enforcement action, allowing Biocon to continue operations smoothly.

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Asian Paints Shares Drop 9% After Weak Q2FY25 Results Amid Demand Challenges

Asian Paints Shares Drop 9% After Weak Q2FY25 Results Amid Demand Challenges

Asian Paints’ stock fell sharply, dropping over 9 percent on November 11, following a disappointing Q2FY25 performance marked by low demand and increasing competition. At 9:20 AM, shares traded 7 percent lower at Rs 2,565. Year-to-date, the stock has underperformed with a 25 percent decline, compared to the Nifty 50’s 10 percent gain in the

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