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 […]
Company Results
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 […]
Latest Market News
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 […]
Latest Market News
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 […]
Company Results
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 […]
Company Results
NTPC Green Energy IPO Raises ₹3,960 Crore from Investors
NTPC Green Energy Limited, a wholly-owned subsidiary of NTPC Limited, is going public with an Initial Public Offering (IPO) to raise Rs 10,000 crore. Key Details of the IPO: Issue […]
Company Results
Positive Q2 Results Drive Up Brainbees Solutions Share Price
On November 18, Brainbees Solutions Ltd, the parent company of popular baby and kids’ retail platform FirstCry, saw its share price surge by nearly 7% following the announcement of its […]
Latest Market News
CLSA Backs India: A Bullish Outlook
CLSA’s top strategist, Alexander Redman, makes a strong case for investing in India, highlighting its robust growth potential and favorable market conditions. Amidst global economic uncertainties, India emerges as a […]
Company Results
Banco Products (India) Soars 20% on Strong Q2 Results
Banco Products (India) Ltd., a leading manufacturer of heat ex changers and cooling systems, surge 20% on November 15, 2024, hitting an upper circuit limit, the company’s strong Q2FY25 results […]
Company Results
Strong financial performance lifts Apollo Tyres shares
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 […]