The Indian stock market is currently trading in the red. The Nifty is down 0.13% at 24,650, and the Sensex is down 0.08% at 330 points. All the sectoral indices […]
IPO Details
Pranik Logistics Lists at 2.6% Premium Despite Strong IPO
Pranik Logistics shares listed at a modest 2.6% premium over their IPO price on the National Stock Exchange Small and Medium Enterprises (NSE SME) platform. The listing gains fell short […]
Latest Market News
Bajaj Auto Shares Plummet 8% on Weak Q2 Results
Bajaj Auto’s stock fell 8% following disappointing Q2 earnings, driven by weak sales in its key three-wheeler segment and rising input costs. The company also cut its guidance for the […]
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RVNL Stock Surges 4% After Winning ₹270 Crore Contract
RVNL has secured a contract worth ₹270 crore from the Maharashtra Metro Rail Corporation. The contract involves the construction of elevated metro stations. The contract is expected to boost RVNL’s […]
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SP Group Bonds: A Surprising Comeback Amidst
Unexpected Demand for SP Group Bonds: Despite the downgrade, there’s been a surge in interest for SP Group bonds, particularly from domestic wealth management firms. This unexpected demand suggests that […]
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Maharatna HAL: Soaring to New Heights with potential implications
HAL acquiring Maharatna status is indeed a significant development with potential implications for its share price. Higher Investment Capability: With the Maharatna status, HAL will have access to more resources […]
Company Results
“Bondada Engineering Achieves Major Order Win”
Revenue Growth: The Rs 1,132 crore order will likely contribute significantly to the company’s revenue, enhancing financial stability. Market Confidence: A stock price increase indicates that investors are optimistic about […]
IPO Details
Hyundai Motor India IPO: Analysis and historical performance
Size: India’s largest IPO at Rs 27,870 crore. Past Performance: Many large IPOs, including Paytm, Reliance Power, GIC, and New India Assurance, have underperformed. Successful Comparisons: Shares of Coal India, […]
Latest Market News
TCS Reports Q2 FY24 Earnings: Profit Decline
Tata Consultancy Services (TCS) reported a 1.1% quarter-on-quarter decline in net profit for the second quarter ended September, totaling Rs 11,909 crore, which was below market expectations. However, the company’s […]
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Ratan Tata’s Transformative A Global Legacy (1991-2012)
Ratan Tata’s tenure as chairman of Tata Sons from 1991 to 2012 marked a historic transformation for the Tata Group. Through strategic acquisitions and global expansion, Ratan Tata repositioned the […]
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Tata Technologies Stock Rises Despite Axis Capital
Tata Technologies’ recent stock movement reflects some interesting dynamics. Despite a cautious outlook from Axis Capital, which initiated a ‘reduce’ call with a price target of Rs 950, the stock […]
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Tata Power & JSW Energy Get Buy Call from Nomura
Nomura has issued a “buy” call on Tata Power and JSW Energy, citing a positive outlook for both companies. They forecast an upside of up to 32% based on key […]
IPO Details
HVAX Technologies Debuts with 6% Premium on NSE SME
HVAX Technologies made a positive stock market debut on the NSE SME platform, listing at a 6% premium over its IPO price. The strong listing reflects favorable investor sentiment towards […]
Latest Market News
Saj Hotels Shares Debut at 15% Discount on NSE SME Platform
Saj Hotels made a lackluster stock market debut on October 7, listing at ₹55 per share, a 15% discount from its issue price of ₹65. The ₹27.63 crore IPO, a […]
Latest Market News
Kalyan Jewellers Shares Dip 5% Amid Profit-Booking Despite
Kalyan Jewellers India’s stock fell by as much as 5% on October 7, as investors took advantage of the company’s strong Q2 business updates to book profits. Despite a significant […]