Apollo Tyres’ shares saw a rebound after a four-day losing streak, driven by better-than-expected Q2 FY24 results. The company reported a significant 164% increase in consolidated net profit, reaching ₹474 […]
Latest Market News
Crypto Market Surges Past $3T on Trump Re-Election Hopes
The global cryptocurrency market recently surged past the $3 trillion mark, driven by optimism surrounding Donald Trump’s re-election and his perceived pro-crypto stance. Bitcoin hit an all-time high, nearing $92,000, […]
Latest Market News
Rs 1,300 Crore Deal: Agro Tech Expands Portfolio with Del Monte
Agro Tech Foods, which is rebranding itself as Sundrop Brands, has announced its acquisition of Del Monte Foods’ Indian business from Bharti Enterprises in a deal valued at approximately ₹1,300 […]
IPO Details
Swiggy Makes a Market Debut Shares Surge 19%
Swiggy made a spectacular debut on the stock market, with its shares surging 19% on the first trading day, taking its market cap to approximately ₹1.04 lakh crore. The IPO, […]
Company Results
Jefferies Boosts Sunteck Realty Target Post Strong Q2 Results
Jefferies has upgraded its target price for Sunteck Realty following its strong Q2 performance for FY2024. The global brokerage firm raised its target from ₹565 to ₹690, maintaining a ‘Buy’ […]
IPO Details
Swiggy’s Post-IPO Surge: A Double-Edged Sword
Swiggy’s shares saw a significant surge of 15% following a modest IPO listing, pushing its market capitalization to a remarkable ₹1 lakh crore (approximately $12 billion). This surge reflects investor […]
IPO Details
Swiggy Shares Debut on NSE at Rs 420, Commanding Premium
Swiggy made a strong debut on the NSE (National Stock Exchange) today, with its shares listing at ₹420 per share, which represents an 8% premium over its Initial Public Offering […]
Company Results
Nykaa Shares Soar 5% on Strong Q2 Earnings
Nykaa’s Q2 FY24 performance and the factors driving its strong results, leading to a 5% jump in its stock price. Revenue Growth: Nykaa reported a robust growth in revenue, driven […]
Company Results
Hyundai Motor India Shares Plummet on Weak Q2 Results
Hyundai Motor India’s stock experienced a sharp decline of around 5% following the announcement of weaker-than-expected Q2 FY24 financial results. The dip in share prices reflects investor concerns over the […]
Latest Market News
Eicher Motors Q2 Preview: Strong Growth Ahead
Eicher Motors is expected to deliver a solid performance in Q2 FY24, with revenue likely to increase by around 12% year-on-year, driven by a better product mix and strong growth […]
Company Results
Shree Cement’s Profit Plunges: A Sign of Tough Times Ahead
Shree Cement shares are facing significant pressure after the company reported disappointing results for the Q2 FY2024 quarter, with a massive decline in its net profit. Net Profit: Shree Cement’s […]
Company Results
Devyani International reported a net loss of ₹7.9 crore for Q2 FY24
Devyani International (DIL), the master franchisee for popular brands like KFC, Pizza Hut, and Costa Coffee, is currently in the spotlight after reporting its financial results for Q2 FY2024, which […]
Company Results
L&T Technology Services Boosts AI and Digital Capabilities
L&T Technology Services (LTTS) has made a strategic move by acquiring Intelliswift Software Inc., a California-based AI software firm, for $110 million. This acquisition is set to enhance LTTS’s capabilities […]
Company Results
DCX Systems Shares Soar 5% on Lucrative Export Order
DCX Systems’ shares surged by 5% following the announcement of a Rs 460.3 crore. Order Value: Rs 460.3 crore ($54.8 million) Client: Lockheed Martin Global Inc., USA Product: Electronic Assemblies […]
Company Results
Asian Paints Q2 Earnings: Profit Slumps 42%, Shares Plunge 9%
Asian Paints’ shares took a significant hit on Monday, November 11, 2024, plunging 9% after disappointing Q2 results. Here’s a breakdown of the key factors behind the decline: Weak Q2 […]