Policy: HCLTech requires employees to be in the office for a minimum of 3 days a week (approximately 12 days a month). Leave Deduction: If employees fall short of this […]
Indian stock market today, July 19th, 2024
Market seems the market is facing some downward pressure. The Indian stock market seems to be experiencing a significant decline today, July 19th, 2024. Sensex: Down 500 points, currently near […]
Central Bank of India Reports Strong Q1 result seems positive.
The Central Bank of India’s financial performance for the first quarter of the current financial year (likely FY 2024-25) seems positive. Profit: There was a significant year-on-year (YoY) growth of […]
Nazara Technologies Subsidiaries Facing GST Liability
Two of Nazara’s subsidiaries, Openplay Technologies and Halaplay Technologies, have been issued notices by the Indian government for potential Goods and Services Tax (GST) liabilities totaling nearly Rs 1,120 crore. […]
Indian government depositing Rs.92 cr to help MTNL
Significant price increase: The stock price currently experiencing a 20% upper circuit , which is a substantial gain in a single day. Multi-year high: This increase pushed the stock price […]
UltraTech Cement’s Q1 results isn’t very bullish.
Weak Demand and Prices: The overall cement industry witnessed slow volume growth and soft demand in Q1 . Squeezed Margins: Increased competition and rising input costs are expected to put […]
Adani Wilmar Cooks Up $670 Million Stake Sale
Indian billionaire Gautam Adani and Singapore-based Wilmar International are indeed exploring the sale of a minority stake in their joint venture Adani Wilmar. This is to comply with shareholding regulations […]
Bharti Hexacom stock price surged as much as 9. 5% on July 16th.
Stock Surge: The stock price surged as much as 9.5% on July 16th. JPMorgan Bullish: This jump follows JPMorgan initiating coverage on the stock with an “overweight” rating, indicating they […]
Infosys’ Q1 FY25 earnings preview!
Financials: Revenue: Analysts predict a slight sequential increase (around 0.7%) in revenue to ₹37,718 crore but a YoY increase of 9.4%. Profit: The net profit is expected to see a […]
Sahaj Solar SME IPO Details
Current Status: The IPO application window closed on July 15th, 2024, at 5:25 PM IST. Grey Market Premium (GMP): The last reported GMP for Sahaj Solar is ₹240, as of […]
Deepinder Goyal, the founder and CEO of Zomato, did indeed join the coveted billionaire club thanks to the significant surge in Zomato’s share price over the past year. Zomato’s Stock […]
Bajaj Auto is set to report its Q1 result on Tuesday, July 16th, 2024.
Profit growth: Net profit is expected to show a significant increase, with estimates ranging from 17% to 19% YoY . Margin improvement: Potentially lower input costs could lead to an […]
Nifty close near 24,600: Sensex close 80,664.
The Indian stock markets performed well on Monday, July 15th, 2024, despite weak global trends. The Nifty 50 index, which tracks the performance of the 50 largest companies listed on […]
Sai Life Sciences is looking to go public draft papers with SEBI
IPO Plans: Sai Life Sciences filed draft papers with SEBI, the Indian securities regulator, to raise funds through an Initial Public Offering (IPO). IPO Structure: The IPO will consist of […]
Apollo Micro Systems seems the Indian Army order
Order Win: Apollo Micro Systems secured a project from the Indian Army for a Vehicle Mounted Counter Swarm Drone System (VMCSDS). Stock Surge: The company’s stock price jumped 5% and […]