The over 5% surge, hitting an intraday high of ₹6,255 and closing at ₹6,225, is clearly driven by the positive sentiment following Citi’s reaffirmed ‘Buy’ rating and the new target […]
Company Results
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 […]
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 […]
Company Results
Shree Cement’s Profit Plunges: A Sign of Tough Times Ahead
Shree Cement shares are facing significant pressure after the company reported disappointing results for the Q2 FY2024 quarter, with a massive decline in its net profit. Net Profit: Shree Cement’s […]
Latest Market News
Jabil Expands in India to Support Apple Production
Jabil, a key supplier for Apple, is investing $275 million to establish two new facilities in India. This expansion aims to support Apple’s growing demand for local production, aligning with […]
Latest Market News
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 […]
Latest Market News
Hero MotoCorp Shares Drop 2% as UBS Reiterates “Sell” Rating
Hero MotoCorp’s shares slipped by 2% after UBS reiterated its “sell” recommendation, primarily due to concerns about the company’s declining market share and increased competition. UBS has set a target […]
Latest Market News
Brigade Enterprises Secures Rs 1,500 Crore in QIP
The news that Brigade Enterprises has successfully raised Rs 1,500 crore through a Qualified Institutional Placement (QIP) is positive for the company. The participation of prominent investors like ICICI Prudential, […]
Latest Market News
IREDA Considers Fundraise of Up to Rs 4,500 Crore
The Indian Renewable Energy Development Agency (IREDA), a green financing non-banking financial company (NBFC), is considering raising up to Rs 4,500 crore through a Qualified Institutional Placement (QIP), right issue […]
Latest Market News
Morepen Labs to Raise Rs 250 Crore Through QIP
Morepen Laboratories Ltd, a pharmaceutical company, has initiated a Qualified Institutional Placement (QIP) to raise a substantial amount of Rs 250 crore. The company has also included a greenshoe option […]