Market News

L&T Technology Services shares surge 9% on strong Q3 performance

L&T Technology Services’ Stock Rises 9% as A Result of its Impressive Q3 Results

Following the release of Q3 earnings, L&T Technology Services’ stock increased 9%, with a YoY decline in net profit at ₹322.4 crore. Due to robust contract bookings and expansion in key areas, revenue climbed 9.5% yearly to ₹2,653 crore. For FY25, the firm wants to increase sales by 10%. L&T Technology Services Shares Rise 9% […]

L&T Technology Services’ Stock Rises 9% as A Result of its Impressive Q3 Results Read More »

Gensol Engineering share price rises 7% on strategic tie-up in EV space

Shares of Gensol Engineering Rise 7% After EV Partnership Announcement

The share price of Gensol Engineering Ltd. increased by almost 7% during Thursday’s early trading. The business partnered strategically with Reflex Green Mobility in the EV industry. Gensol Engineering Shares Surge 7% Following EV Partnership Announcement: Following the announcement of the EV Partnership, Gensol Engineering Shares Rise 7%: In Thursday morning trading, the share price

Shares of Gensol Engineering Rise 7% After EV Partnership Announcement Read More »

Zee Media share price gains 2.5% on redeeming NCDs worth ₹230 crore

Zee Media’s Share Price Gains 2.5% on Redeeming NCDs Worth ₹230 Crore

Due to its announcement of the redemption of ₹230 crore worth of non-converting debentures (NCDs), Zee Media Corporation’s share price is still under scrutiny on Thursday. Stock Market Today:  Following the announcement of the redemption of Non-Convertible Debentures (NCDs) valued at ₹230 crore, Zee Media Corporation’s share price increased by more than 2% during intraday

Zee Media’s Share Price Gains 2.5% on Redeeming NCDs Worth ₹230 Crore Read More »

Adani Group offloads 13.51% stake in Adani Wilmar. Details here

Adani Commodities Sells its 13.51% Share in Adani Wilmar

While other Adani Group companies saw advances on January 16, Adani Wilmar’s shares remained unchanged. This comes after Adani Commodities LLP sold a 13.51 percent interest through an offer-for-sale process, which could have reflected investor opinion toward the business. Adani Group offloads 13.51% Stake in Adani Wilmar: On Thursday, January 16, Adani Wilmar’s shares stayed

Adani Commodities Sells its 13.51% Share in Adani Wilmar Read More »

Mutual funds boost holding in Paytm to all-time high in December quarter

Mutual Funds Increase Paytm Holdings to A Record High in December

The current fiscal year’s third quarter (Q3FY25) saw mutual funds dramatically raise their ownership of One 97 Communications, the parent company of Paytm, to an all-time high. Twenty-seven mutual funds owned 11.20% of Paytm as of the end of December 2024, or 7.14 crore shares. Compared to the 7.86% stake held after the previous quarter

Mutual Funds Increase Paytm Holdings to A Record High in December Read More »

Aditya Birla Fashion and Retail approves issuance of preferential shares

Aditya Birla Fashion and Retail Approves Issuance of Preferential Shares

Aditya Birla Fashion and Retail Ltd. (ABFRL) declared that the board authorized the board to approve a plan to raise a significant amount of money by issuing equity shares on a preferential basis. The plan seeks to engage promoters and institutional investors to inject cash into the business; it is contingent upon regulatory and shareholder

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Shoppers Stop shares surge 11% to 10-week high on healthy Q3 performance

Due to Strong Q3 Results, Shoppers Stop’s Stock Jumps 11% to A 10-Week High

After the firm released a strong set of results for the December-ending quarter, shares of Shoppers Stop, a well-known department store with top fashion and beauty brands, jumped 11% in early morning trading on Wednesday, January 15, to a 10-week high of ₹688.70 per share. On Tuesday after market hours, the firm said its standalone

Due to Strong Q3 Results, Shoppers Stop’s Stock Jumps 11% to A 10-Week High Read More »

BSE shares jump over 5%, extend rally to third day on bullish analyst views

BSE Shares Jump Over 5%, Extend Rally to Third Day on Bullish Analyst Views

Wednesday saw a 5% increase in the price of BSE shares, continuing the surge for the third straight day as experts continued to be optimistic about the company and forecast more growth. On the NSE, BSE shares surged as high as 5.14% to ₹5,729.00 per. The price of the BSE stock has increased by 20%

BSE Shares Jump Over 5%, Extend Rally to Third Day on Bullish Analyst Views Read More »

450% returns in one year! Small-cap stock jumps after this order book update

Small-Cap Stocks Rise Following this Order Book Change: 450% Annual Returns

Following the company’s announcement that it had won Letters of Award (LoA) for two contracts, RDB Realty & Infrastructure’s share price increased by more than 4% on Wednesday. On the BSE, sDB Realty & Infrastructure shares increased by 4.08% to ₹504.75 each. According to RDB Realty & Infrastructure, it was awarded contracts through two Letters

Small-Cap Stocks Rise Following this Order Book Change: 450% Annual Returns Read More »

DMart Shares Tumble 5% as Q3 Results Disappoint—What’s Dragging Avenue Supermarts Down?

DMart Shares Tumble 5% as Q3 Results Disappoint—What’s Dragging Avenue Supermarts Down?

Avenue Supermarts, which operates the retail chain DMart, had its shares fall about 6% in early trading on Monday, in line with the overall market, as mood was dampened by a dismal earnings report. Earnings were hurt by a decline in gross margin, greater operating expenses, and higher retailing costs amidst increased rapid commerce rivalry.

DMart Shares Tumble 5% as Q3 Results Disappoint—What’s Dragging Avenue Supermarts Down? Read More »

PB Fintech Plunges 7% as Morgan Stanley Downgrades to ‘Underweight’—What’s Behind the Fall?

PB Fintech Plunges 7% as Morgan Stanley Downgrades to ‘Underweight’—What’s Behind the Fall?

Global brokerage company Morgan Stanley lowered PB Fintech’s stock from its prior “equal-weight” rating to a “underweight” call on January 13, causing shares to plummet 7%. The reduction was caused by high stock valuations and lower-than-expected profit emergence, according to the brokerage. As a result, Morgan Stanley set a price objective of Rs 1,400 for

PB Fintech Plunges 7% as Morgan Stanley Downgrades to ‘Underweight’—What’s Behind the Fall? Read More »

Inox Wind Share Price Falls 3.7% Despite CARE’s Rating Upgrades

Inox Wind Share Price Falls 3.7% Despite CARE’s Rating Upgrades

Inox Wind’s stock fell as much as 3.7% during Monday’s intraday trading, despite Care Rankings upgrading many short-term facilities. On Monday, Inox Wind’s share price began at ₹153.70 on the BSE, down more than 1% from its previous close of ₹155.35. The value of Inox Wind’s shares then fell to further lows, going as low

Inox Wind Share Price Falls 3.7% Despite CARE’s Rating Upgrades Read More »

WeWork India Secures ₹500 Crore Boost: Bold Plan to Slash Debt and Power Growth!

WeWork India Secures ₹500 Crore Boost: Bold Plan to Slash Debt and Power Growth!

WeWork India, a leading coworking space, announced on Monday that it has collected Rs 500 crore through a rights issue, primarily to pay down debt and spur additional expansion. Embassy Group, a real estate company, owns 73% of WeWork India, an unlisted company, while WeWork Global owns 27%. One of the top providers of flexible

WeWork India Secures ₹500 Crore Boost: Bold Plan to Slash Debt and Power Growth! Read More »

China’s Securities Regulator Steps In: Bold Moves to Stabilize a Shaky Market!

China’s Securities Regulator Steps In: Bold Moves to Stabilize a Shaky Market!

After a dismal start to the year, China’s top securities regulator says it would work on creating a mechanism to stabilize the market and promises to anchor market expectations in 2025. Following a work meeting on its priorities for the year, the China Securities Regulatory Commission (CSRC) issued a statement stating that stability is at

China’s Securities Regulator Steps In: Bold Moves to Stabilize a Shaky Market! Read More »

Waaree Energies Soars 3% After Rs 792 Cr Enel Green Power Takeover—What’s Next?

Waaree Energies Soars 3% After Rs 792 Cr Enel Green Power Takeover—What’s Next?

Waaree Energies Limited, India’s largest maker of solar PV modules with 13.3 GW of installed capacity, has reached a definitive deal to purchase 100% of Enel Green Power India Pvt Ltd from Enel Green Power Development S.R.L for Rs 792 crore. The transaction is subject to usual closing adjustments, the business said in a statement

Waaree Energies Soars 3% After Rs 792 Cr Enel Green Power Takeover—What’s Next? Read More »

Regulator Explores the Collection of Pre-Trade Muni-Bond Prices

Regulator Examines the Pre-Trade Muni-Bond Price Collection

The regulator of the municipal bond market wants to know if it should begin gathering important pricing data for specific securities issued by state and local governments. Per a news release on Monday, the Municipal Securities Rulemaking Board is seeking input on the possible advantages and downsides of obtaining pre-trade data from brokers and other

Regulator Examines the Pre-Trade Muni-Bond Price Collection Read More »

Australia shares snap 3-day losing run as miners, energy stocks gain

Australia’s Equities End A Three-Day Losing Streak as Miners and Energy Firms Rise

Due to robust underlying commodity prices, miners and energy firms led the gains on Tuesday, ending a three-day losing skid for Australian equities. By 2335 GMT, the S&P/ASX 200 index had increased by 0.5% to 8,228.9 points. On Monday, the benchmark closed 1.2% lower. As enthusiasm was bolstered by renewed expectations of more stimulus from

Australia’s Equities End A Three-Day Losing Streak as Miners and Energy Firms Rise Read More »

India’s $556 Billion Equity Rout Seen Worsening as Growth Cools

Growth Cools, Worsening India’s $556 Billion Equity Rout

As corporate profitability and foreign flows were negatively impacted by a slowdown in economic development and sticky inflation, investors anticipate that Indian equities would report more losses in the upcoming quarter. In an informal survey by Bloomberg earlier this month, most 22 strategists and investment managers predicted that the benchmark NSE Nifty 50 Index would

Growth Cools, Worsening India’s $556 Billion Equity Rout Read More »

Aarti Industries, Bandhan Bank among 6 stocks in F&O ban list today

On January 14, Aarti Industries and Bandhan Bank were Two of the Six Equities on the F&O Ban List

The NSE’s F&O ban list for January 14 includes six stocks: Aarti Industries, Bandhan Bank, Hindustan Copper, L&T Finance, Manappuram Finance, and RBL Bank. F&O Ban List:  On Tuesday, January 14, trading in six equities in the  (F&O) sector was prohibited by the National Stock Exchange (NSE) because they were over 95% of the market-wide

On January 14, Aarti Industries and Bandhan Bank were Two of the Six Equities on the F&O Ban List Read More »