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The NSE Nifty index closed 0.11 points down at 23644.8
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ITD Cementation secures ₹1,648-crore contract for marine construction at Vadhvan Port, Maharashtra, with expertise in various infrastructure projects.
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MTNL faces Rs 32,000 crore debt, operational losses, and a 50% share price decline. The government plans to transfer its business to BSNL and monetise assets to manage risks.
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Senores Pharmaceuticals’ focus remains on broadening their US base beyond injectables and exploring product acquisitions to fuel future growth, said Swapnil Shah, managing director of Senores Pharmaceuticals, as the company made a remarkable debut on the Indian stock exchanges. The Ahmedabad-based pharmaceutical firm’s shares listed at Rs 600 on the National Stock Exchange, a premium […]
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Hyderabad-based Standard Glass includes a fresh share sale of Rs 210 crore and offer-for-sale (OFS) of up to 1,42,89,367 equity shares by promoters and existing shareholders.
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India Business News: Waaree Renewable Technologies Ltd has secured a 2 GW solar project from Sunbreeze Renewables Nine Pvt Ltd, a Jindal Renewables SPV, to be implemented
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As of December 30, there was a notable surge in futures open interest for five stocks in the NSE F&O pack, contributing to a total increase in open interest of over 20% as compared to the previous trade. A significant uptick in futures open interest signifies a substantial growth in the number of active, unexpired […]
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Senior citizen FD rates: Even small differences in interest rates can significantly impact your overall earnings, especially for long-term FDs. This list highlights banks offering the best one-year FD interest rates for senior citizens.
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Unimech Aerospace and Manufacturing shares dropped 9.4% to Rs 1,350.4 on the BSE after a strong debut. The stock listed at Rs 1,491 on BSE, reflecting a 90% premium over its IPO price of Rs 785. The companys Rs 500-crore IPO was oversubscribed by 175.31 times, with strong demand from retail, non-institutional, and institutional investors.
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ICICI Securities recommends holding Star Cement with a target price of Rs 227, while it currently trades at Rs 231.55. Star Cement reported a consolidated total income of Rs 643.18 crore for the quarter ended 30-09-2024. UltraTech Cement has approved acquiring an 8.69% non-controlling stake in Star Cement, priced at Rs 235 per share.
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Unimech Aerospace and Manufacturing sold its shares in the price band of Rs 745-785 apiece, which could be applied for a minimum of 19 shares and its multiples between December 23-26.
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Zomato stock has lost 7% in the last two weeks. The stock is down 8.70% from record high of Rs 304.50 reached on December 5, 2024
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Ather Energy is India’s fourth-largest electric scooter maker in terms of volumes. The automaker sold around 1.26 lakh EVs in 2024.
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Analysts have shared ‘buy’ calls on companies including Adani Green Energy Ltd., Tata Chemicals Ltd., Axis Bank Ltd., Jubilant FoodWorks Ltd. and Apollo Hospital Enterprise Ltd. As per the stock calls shared with NDTV Profit, some of these companies could see upside of as much as 16.2% in the near term from current levels. Some […]
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Indian stocks are poised to extend the rally to a record ninth consecutive year—even as geopolitical tensions, valuation concerns, and growth uncertainty loom large. The benchmark index Nifty 50 and the 30-stock Sensex are set to close 2024 with gains of nearly 8.8% and 8.3%, respectively. This makes it nearly 50% below the gains made […]
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SIPs have been a convenient way for retail investors to put small amounts into mutual fund schemes every month. Of this, 90-95% went into equity-oriented funds. The numbers speak about their popularity.
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The NSE Nifty 50 closed 168.50 points or 0.71% down at 23,644.90 and the BSE Sensex ended 450.94 points or 0.57% lower at 78,248.13. Lupin, Mazagon Dock, RVNL, Wipro, Unimech Aerospace are some of the important stocks to watch on Tuesday. Foreign portfolio investors offloaded stocks worth approximately Rs 1,893.2 crore on Monday, while the […]
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The Nifty remained volatile during the session, oscillating between 23,600 and 23,900. The overall outlook remains negative for the short term, with potential downside risks. On the lower end, support is seen at 23,400, while resistance is expected around 23,870 in the near term
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NMDC has extended the tenure of its Chairman and Managing Director, Amitava Mukherjee, for another year. The company confirmed the decision through a regulatory filing.
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Indo Farm Equipment has secured over Rs 78 crore from anchor investors, just a day before its initial public offering opens for public subscription. Among the anchor investors are Negen Undiscovered Value Fund, Niveshaay Hedgehogs, Rajasthan Global Securities, Subham Capital, India Equity Fund I, Saint Capital Fund, and Vikasa India EIF I Fund – Share […]
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Indian stock markets conclude the week with minimal changes as investors exercise caution amid mixed global cues.
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Securities and Exchange Board of India (SEBI) has greenlit electric vehicle (EV) maker Ather’s plans for its initial public offering (IPO).
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NMDC has extended the tenure of its Chairman and Managing Director, Amitava Mukherjee, for another year. The company confirmed the decision through a regulatory filing.
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Indo Farm Equipment has secured over Rs 78 crore from anchor investors, just a day before its initial public offering opens for public subscription. Among the anchor investors are Negen Undiscovered Value Fund, Niveshaay Hedgehogs, Rajasthan Global Securities, Subham Capital, India Equity Fund I, Saint Capital Fund, and Vikasa India EIF I Fund – Share […]
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RBI’s Financial Stability Report reveals improving asset quality, robust capital buffers, and resilience in the Indian financial system.
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