Vedanta Limited has announced plans to offload a 2.6% stake in its subsidiary, Hindustan Zinc, through an Offer For Sale (OFS). This move comes after Hindustan Zinc reported its first […]
Hero MotoCorp reported a 36% increase in net profit for Q1 FY25
Hero MotoCorp has announced its financial results for the first quarter of the fiscal year 2025. Here are the key points: Financial Performance: Net Profit: Increased by 36% to Rs […]
Rainbees Solutions Ltd Makes Strong Debut with FirstCry IPO
FirstCry’s IPO was a resounding success. The strong listing, with shares opening at a 40% premium to the IPO price, reflects high investor confidence in the company’s growth prospects. Strong […]
Ola Electric shares surge 58% in three days post-IPO
Ola Electric Mobility’s shares have indeed seen impressive gains, with the stock reaching Rs 109.44, marking a 44% increase from its IPO issue price of Rs 76 . The IPO, […]
Suzlon’s Market Cap Surpasses Rs 1 Lakh Crore
Suzlon Energy has achieved a significant milestone as its market capitalization exceeds Rs 1 lakh crore for the first time in its history. This landmark achievement underscores the company’s strong […]
Equity Fund Inflows Decline 9% to Rs 37,113 Crore in July
Equity Fund Inflows: There has been a 9% decrease in inflows into equity mutual funds, totaling Rs 37,113 crore in July. This decline suggests a reduction in new investments or […]
Sensex climbing 650 points and the Nifty crossing the 24,200 mark.
Sensex and Nifty Performance: The Sensex, a benchmark index of the Bombay Stock Exchange (BSE), rose by 650 points. The Nifty 50, a key index on the National Stock Exchange […]
Bharti Airtel A Strong Performance
Bharti Airtel A Strong Performance: Bharti Airtel reported a net profit of ₹4,160 crore for Q1 FY25, marking a 158% increase. Revenue rose 3% to ₹38,506 crore, slightly below forecasts. […]
Market Live Updates: Sensex Soars 800 Points, Nifty Hits 24,300
The Indian stock market saw significant gains today. The Sensex rose by 750 points, reaching around 79,500, while the Nifty climbed to 24,300. The positive movement was influenced by strong […]
TMB Reports 10% Soar in Strong Net Profit for Q1 FY25
Tamilnad Mercantile Bank (TMB) has reported a 10% rise in its net profit at ₹287 crore for the quarter ending June 2024, compared to ₹261 crore in the corresponding quarter […]
SBI Q1 FY25 Results to Raise Rs 25,000 Crore via Bonds
The State Bank of India (SBI), the country’s largest lender, reported a net profit of Rs 17,035 crore for the first quarter of the current financial year, marking around a […]
Morepen Labs to Raise Rs 250 Crore Through QIP
Morepen Laboratories Ltd, a pharmaceutical company, has initiated a Qualified Institutional Placement (QIP) to raise a substantial amount of Rs 250 crore. The company has also included a greenshoe option […]
India Targets Firms Over Financial Frauds 400 Chinese Companies
MCA to Strike Off Chinese Companies: The Ministry of Corporate Affairs (MCA) in India is set to remove around 400 Chinese companies from the register in the next three months. […]
Adani Ports Q1 Profit Soars 47% to Rs 3,113 Crore.
dani Ports and Special Economic Zones reported a strong start to the fiscal year with a 47% year-on-year increase in consolidated net profit to Rs 3,113 crore for the April-June […]
ITC Q1FY24 Results: Net Profit Surges by 17.6% to Rs 4,903 Crore
ITC Ltd. announced on August 1 that its standalone net profit for the June quarter rose marginally to Rs 4,917 crore, from Rs 4,903 crore in the same quarter the […]