The Indian stock markets, represented by the Sensex and Nifty, are trading flat today as the Reserve Bank of India (RBI) announced key policy decisions. RBI Policy Decisions: Repo Rate […]
Swiggy Shares Surge 10% Ahead of Q2 Earnings Announcement
Swiggy’s stock price has seen a significant uptick, rising nearly 10% on December 3, 2024, as investors eagerly anticipate the company’s Q2 earnings report. The positive market sentiment reflects optimism […]
TBO Tek Shares Plunge 7% After ₹951 Crore Block Deal
TBO Tek’s share price declined by over 7% on December 3, 2024, following a block deal worth Rs 951 crore. Approximately 6.2 million shares, representing 1.2% of the company’s equity, […]
Zen Technologies Stock Decline – December 3, 2024
Stock Performance: Decline: Over 7% in early trading on December 3, 2024. Block Deal Impact: A block deal worth ₹386 crore triggered the drop. Shares Traded: Approximately 21.4 lakh shares […]
C2C Advanced Systems IPO: A Closer Look
GMP Surge:Despite facing regulatory scrutiny from SEBI and a significant withdrawal of applications, the Grey Market Premium (GMP) for C2C Advanced Systems’ IPO has surged by 84%. IPO Price Band: […]
Godrej Properties Ups QIP Size to ₹6,000 Crore to Drive Plans
Godrej Properties has increased its Qualified Institutional Placement (QIP) size from Rs 4,000 crore to Rs 6,000 crore. This decision was made by the QIP Placement Committee on November 27, […]
HDFC Bank’s Milestone Market Cap Crosses ₹14 Lakh Crore
Market Cap Milestone: HDFC Bank’s market capitalization surpassed ₹14 lakh crore for the first time on November 28, 2024. Stock Price Surge: The bank’s stock price has risen over 5% […]
NTPC Green Energy Shares Soar: Stock Market Highlights
NTPC Green Energy’s recent IPO and subsequent listing have been quite successful. IPO Performance: Subscription: The IPO was oversubscribed 2.4 times overall, with retail investors showing particular enthusiasm, oversubscribing their […]
Vodafone Idea Shares Jump 15% on Bank Guarantee Waiver
Vodafone Idea shares surged 15% in intraday trading after reports emerged that the Indian Cabinet might approve a waiver on bank guarantees for telecom operators. This decision would relieve companies […]
GE Vernova T&D India Shares Plunge on Promoter Stake Sale
Promoter Stake Sale: GE Vernova T&D India’s promoter, Grid Equipments, plans to sell up to 8.38% of its stake in the company through an offer for sale (OFS). Market Reaction: […]
Swiggy Shares Surge 6% on UBS’s Bullish Outlook
Swiggy’s shares rose by 6% today, reaching ₹456 after UBS initiated coverage with a “buy” rating and a 26% upside potential, targeting a price of ₹470. UBS cited Swiggy’s strong […]
Paytm’s Stellar Run: A Deep Dive into the Recent Stock Rally
Paytm’s stock continued its upward momentum today, rising by 6.2% to ₹897.90 and extending its rally for the fifth consecutive session. The company’s reported net profit of ₹930 crore in […]
Adani Group Stocks Tumble Amid US Bribery Allegations
Adani Group stocks continued their downward trend on Friday, November 22, 2024, following the US bribery allegations against Gautam Adani and others. Adani Group stocks have plunged for a second […]
HSBC Forecasts Sensex to Reach 90,520 by 2025
HSBC has forecasted that the Sensex could reach 90,520 by the end of 2025, signaling a potential upside of approximately 15% from current levels. This optimistic outlook is underpinned by […]
Honasa Consumer Shares Dive 20% on Weak Q2 Results
Honasa Consumer, the parent company of Mamaearth, reported disappointing Q2 FY2024 results, leading to a significant drop in its share price. Financial Performance: Revenue: ₹461.82 crore, down 6.9% YoY. Net […]