Indian Market

IPO-Bound NSE Reports 57% Surge in Q2 Net Profit at Rs 3,137 Crore

IPO-Bound NSE Reports 57% Surge in Q2 Net Profit at Rs 3,137 Crore

/ Indian Market /

National Stock Exchange Ltd (NSE), which is preparing for an initial public offering (IPO), announced a strong financial performance for the September quarter, reporting a 57% increase in consolidated net profit to Rs 3,137 crore. The stock exchange’s consolidated total income rose by 25% year-on-year, reaching Rs 5,023 crore. “Revenue growth came not only from […]

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Elcid Investments' Stock Price Surges, Becoming India's Most Expensive

Elcid Investments’ Stock Price Surges, Becoming India’s Most Expensive

/ Indian Market /

Shares of Elcid Investments, a lesser-known company, recently soared in value, grabbing attention as India’s most expensive stock. In just three trading sessions, the stock rose by 21%, reaching a price of ₹2.73 lakh per share on November 4, despite a broader market downturn. Last week, Elcid Investments made headlines after surpassing MRF Ltd. to

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Sensex, Nifty Slip as Indian Markets React to Global Uncertainty

Sensex, Nifty Slip as Indian Markets React to Global Uncertainty

/ Indian Market /

Indian stock indices, the Sensex and Nifty 50, opened on a weak note on November 4, down about 1% each as they kicked off a week laden with key events, including the U.S. Presidential election and Federal Reserve’s policy decision. Heavy selling in major stocks like Reliance Industries, Infosys, HDFC Bank, and ICICI Bank contributed

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Premier Energies Stock Rises as Subsidiaries Secure Rs 560 Crore in Orders

Premier Energies Stock Rises as Subsidiaries Secure Rs 560 Crore in Orders

/ Indian Market /

Shares of Premier Energies saw a slight uptick on November 4 following news that its subsidiaries, Premier Energies International and Premier Energies Photovoltaic, secured orders worth Rs 560 crore from major Independent Power Producers (IPPs) and other clients. The orders, valued at Rs 513 crore for solar modules and Rs 47 crore for solar cells,

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Ashoka Buildcon Declared Lowest Bidder for Rs 312 Crore MSETCL Project; Shares Dip 2%

Ashoka Buildcon Declared Lowest Bidder for Rs 312 Crore MSETCL Project; Shares Dip 2%

/ Indian Market /

Ashoka Buildcon’s stock price fell over 2% in early trading on November 4, despite being declared the lowest bidder for a Rs 312.13 crore contract from Maharashtra State Electricity Transmission Company (MSETCL). As of 09:31 am, shares traded at Rs 239.75 on the BSE, down by Rs 5.65 or 2.30%. The contract involves the establishment

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NBCC Stock Gains on Winning New Contracts Worth Rs 235 Crore

NBCC Stock Gains on Winning New Contracts Worth Rs 235 Crore

/ Indian Market /

NBCC (India) Ltd. saw a jump in early trade on November 4 after securing multiple contracts totaling Rs 235 crore. Despite trading slightly lower at Rs 98.25 on the BSE at 09:30 am, the company’s recent order wins reflect strong business momentum. The new contracts include a Rs 44 crore project awarded by Mahatma Gandhi

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Prudent Corporate Shares Surge 14% to New Lifetime High on Robust Q2FY25 Earnings

Prudent Corporate Shares Surge 14% to New Lifetime High on Robust Q2FY25 Earnings

/ Indian Market /

Shares of Prudent Corporate Advisory Services soared 14% to a record high of Rs 3,090 on October 31 after reporting a stellar Q2FY25 performance. The company’s operating revenue rose 51% year-on-year to Rs 286.1 crore, driven by a 53% increase in average quarterly assets under management (AUM) in its mutual fund segment and a 36%

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DCM Shriram Shares Surge 10% on Strong Q2 Earnings, Investment in Renewable Projects

DCM Shriram Shares Surge 10% on Strong Q2 Earnings, Investment in Renewable Projects

/ Indian Market /

Shares of DCM Shriram Ltd jumped over 10% in early trade on October 31, following the company’s stellar Q2 earnings report. The firm posted a consolidated net profit of Rs 62.92 crore for the September quarter, marking a sharp 95% year-on-year increase from Rs 32.24 crore in the same period last year. This earnings boost

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IRB Infra Shares Dip 4% as Q2 Revenue Suffers Due to Monsoon Impact

IRB Infra Shares Dip 4% as Q2 Revenue Suffers Due to Monsoon Impact

/ Indian Market /

Shares of IRB Infrastructure Developers Ltd dropped by up to 4% in early trade on October 31, following a tepid quarterly performance in the July-September period. The company’s revenue declined over 9% year-on-year, from Rs 174.5 crore in the previous fiscal quarter to Rs 158.6 crore, primarily due to prolonged monsoon disruptions affecting project timelines

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