Despite the recovery in Indian stock indices, as many as 30 per cent of stocks from the BSE 500 and BSE MidCap indices are still below their respective June 4 levels, when markets had witnessed a sharp fall after election results. This includes 159 stocks in the BSE 500 and 41 in the BSE MidCap […]
30% BSE 500 and MidCap Stocks Yet to Recover from June 4 Drop Despite Market Rebound Read More »
Trent Limited, part of the Tata Group, posted a more than doubling of consolidated net profit for Q1 FY25 to Rs 392.60 crore as against Rs 173.48 crore for April-June quarter of this financial year. The results were far ahead of market estimates. The topline growth of the company stood at 56 per cent at
Trent Q1 FY25 Results: Net Profit Surges 126% to Rs 393 Crore Read More »
Suzlon Energy crossed the Rs 1 lakh crore market capitalization mark as its shares remained on an intra-day bull run. Shares of the company rose 3.3% to a fresh 52-week high of Rs 75.39 on Friday, amid heavy trading volumes on the NSE. Nearly 5.83 crore shares worth Rs 433.5 crore changed hands. At 11:14
Suzlon Energy Achieves Rs 1 Lakh Crore Market Cap as Shares Surge 37% Post-Q1 Results Read More »
Shares of NBCC Ltd jumped 7 percent on August 9 after the company announced it had received a substantial order worth Rs 15,000 crore from the Srinagar Development Authority (SDA). The project involves the development of a Satellite Township spread over 406 acres at Rakh-e-Gund Akshah in Bemina, Srinagar, Jammu & Kashmir. According to the
The shares of Ola Electric Mobility Ltd. made their stock market debut on the National Stock Exchange on August 9 with a listing price of Rs. 76, and so does the issue price of the IPO. The listing follows the grey market trading very tightly at Rs. 73, where the security was already being valued
Ola Electric Mobility Listed on NSE at Rs 76 Per Share Read More »
Cochin Shipyard Ltd. (CSL) reported a strong 77% increase in net profit for the first quarter of FY25, reaching Rs 174.2 crore, up from Rs 98.6 crore in the same period last year. However, this figure represents a 33% decline from the Rs 258.8 crore profit recorded in the March quarter. The company’s revenue from
Cochin Shipyard Q1FY25 Results: Net Profit Surges 77% to Rs 174 Crore Read More »
Rail Vikas Nigam Limited (RVNL) witnessed a significant decline in its share price, dropping nearly 6% on August 8, after the company reported a sharp 35% decrease in its net profit for the first quarter of FY25. By 14:25 pm on the NSE, RVNL’s stock had partially recovered but was still down 3.71%, trading at
RVNL Shares Drop 4% Following a 35% Decline in Q1FY25 Net Profit Read More »
Bharat Forge has received board approval to raise up to Rs 2,000 crore through the issuance of shares and debt, as the company reports mixed results for the first quarter of FY25. In Q1, Bharat Forge experienced a 13.5% decline in net profit, dropping to Rs 269.4 crore from Rs 312 crore in the same
Bharat Forge Board Approves Rs 2,000 Crore Fundraising Amid Mixed Q1 Results Read More »
During the latest Monetary Policy Committee (MPC) meeting, RBI Governor Shaktikanta Das announced that the Reserve Bank of India (RBI) will maintain the repo rate at 6.5%. This decision continues a trend seen over the last eight reviews since February 2023, indicating a cautious approach in light of rising inflation, particularly within the volatile food
RBI Keeps Repo Rate Unchanged at 6.5% Amid Inflation Concerns Read More »
On August 8, shares worth ₹236 crore of Protean eGov Tech were sold in a block deal, with Standard Chartered Bank likely being the seller. Approximately 12 lakh shares, representing a 3.2 percent stake in the IT solutions provider, changed hands at a floor price of ₹1,805 per share, which is a 3 percent discount
Standard Chartered Likely Exits Protean eGov Tech with ₹236 Crore Block Deal Read More »
