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…
Swiggy IPO Day 2: Subscription at 35%,Retail subscription at 84%
Swiggy IPO subscription, the offering has reached a 35% subscription level. The retail segment an 84% subscription rate, while the qualified institutional buyers (QIB) portion is at 28%. Non-institutional investors…
Mahindra & Mahindra Q2 Results: A Strong Performance
Mahindra & Mahindra (M&M) has reported a robust performance for the second quarter of FY25, with its consolidated net profit surging 35% year-on-year to ₹3,171 crore. This significant growth is…
GAIL Soars 5% Following Impressive Q2 Earnings
GAIL’s share price rose by 5% after the company reported a significant 70% increase in its standalone net profit for Q2 FY24, reaching ₹2,405 crore. Despite a minor dip in…
Waaree Energies Shares Soar 66% on Debut and Valuation
Waaree Energies made a stellar debut in the stock market, with shares surging 66.33% over the issue price on NSE and 69.66% on BSE. The renewable energy giant’s market capitalization…
Hopes of Trump Win Drive Market Rally by 3%
Optimism surrounding the possibility of a Trump win in the upcoming U.S. presidential election has led to a notable 3% rally in specific markets, particularly benefiting sectors perceived to align…
Reliance Industries Plans 2025 IPO for Jio, Valued $100 Billion
Mukesh Ambani, chairman of Reliance Industries, is reportedly aiming to list Jio, his telecommunications company, in Mumbai by 2025. This IPO, projected at over $100 billion by analysts, is part…
Canara Bank Q2 Results: Net Profit Increases 11% to ₹4,015 Crore
Canara Bank reported an 11% year-on-year increase in its net profit for the second quarter of the fiscal year 2024, totaling ₹4,015 crore. Here’s a breakdown of the key factors…
Adani Ports Q2 Results: Net Profit Surges 40% to ₹2,445 Crore
Adani Ports and Special Economic Zone Limited (APSEZ) reported a strong performance for the second quarter of the financial year 2024-25 (Q2 FY25), with a 40% year-on-year (YoY) increase in…
Cipla Q2 Net Profit Rises 15% YoY to ₹1,303 Crore.
Cipla Limited, a leading global pharmaceutical company, has reported a strong performance for the second quarter of the financial year 2024-25 (Q2 FY25). Cipla reported a 15% year-on-year increase in…