NTPC Green Energy, a subsidiary of NTPC, has set its IPO price range between Rs 102 and Rs 108 per share, aiming to raise approximately 100 billion rupees ($1.2 billion). This IPO is set to open for public bids from November 19 to November 22, with anchor investors bidding on November 18. Highlights of NTPC […]
NTPC Green Energy Sets IPO Price Band at Rs 102-108, Eyes $1.2 Billion Fundraising Read More »
Shares of PNC Infratech fell sharply by 7% on November 13, reaching a 52-week low, following a disappointing Q2FY25 earnings report and recent challenges with government contracts. Q2 Financial Performance Company Background and Recent Challenges PNC Infratech, which handled major chunks of infrastructure involving highways, bridges, and water systems, encountered a severe set back when
PNC Infratech Shares Drop 7% to 52-Week Low on Weak Q2 Earnings Read More »
Shares of Cello World slipped nearly 6% on November 13 after the company reported flat earnings for Q2FY25, amid weaker export demand. By 10:55 AM, the stock was trading 4% lower at Rs 811. Cello World’s stock has risen just over 2% this year, lagging behind the Nifty 50 index, which is up 9%. Q2
Cello World Shares Fall 6% on Flat Q2 Earnings Report Read More »
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 »
