Kaushiki

Tejas Networks shares soar 20% to 3-month high on stellar Q2 numbers

Tejas Networks shares soar 20% to 3-month high on stellar Q2 numbers

The Tata Group-backed Tejas Networks stock shot up 20% in early morning trade on Monday, October 21, to a three-month high of ₹1,427 per share. This dramatic increase comes after the business’s excellent Q2FY25 results, which were disclosed on Friday after market hours. In Q2FY25, the company’s consolidated revenue from operations increased six times to […]

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PTC Industries shares rise over 4% on acquiring 100% stake in UK-based company

PTC Industries shares rise over 4% on acquiring 100% stake in UK-based company

PTC Industries Limited’s shares surged by over 4% on Monday, October 21, to ₹13,480, after the declaration of the company’s tactical procurement of Trac Precision Solutions Limited (TSPL), a UK-based enterprise that specialises in precisely engineered components for the aerospace, defence, and energy industries. For the fiscal year that concluded on April 30, 2024, Trac

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Tech Mahindra shares jump 4% after Q2 PAT jumps 153%: Here’s what brokerages says!

Tech Mahindra shares jump 4% after Q2 PAT jumps 153%: Here’s what brokerages says!

Tech Mahindra’s shares jumped 4% during the intraday session to reach a 52-week high of Rs 1,761.30. The business announced a 153.1% YoY increase in sales to Rs 1,250 crore for the second quarter, while revenue increased by 3.5% YoY to Rs 13,313 crore. Profit and revenue increased sequentially by 46.81% and 2.36%, respectively. The

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United Heat Transfer IPO: Check Out IPO Date, Price, GMP, Review

United Heat Transfer IPO: Check Out IPO Date, Price, Review

Pressure vessels, process flow skid equipment, air-cooled heat exchangers, shell and tube heat exchangers, and other types of heat transfer equipment are among the products that United Heat Transfer specialises in making. These parts are essential for a wide range of applications, including railroads, ships, marine engines, and petrol and diesel engines. They are also

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LTI Mindtree shares in focus after Q2 profit rises 8% YoY to Rs 1,251 crore

LTI Mindtree shares in focus after Q2 profit rises 8% YoY to Rs 1,251 crore

Results for LTIMindtree Q2: On Thursday, October 17, LTIMindtree said that its consolidated net profit for the second quarter of FY25, which ended in September, increased 7.7% year over year (YoY) to ₹1,251 crore. The company declared a net profit of ₹1,161.8 crore in the prior year. Sequentially, the consolidated net profit climbed by 10.33%.

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Wipro share price jumps over 5% after Q2 results, bonus announcement

Wipro share price jumps over 5% after Q2 results, bonus announcement

The IT giant Wipro announced a bonus share issue and posted respectable profitability for the second quarter of FY25, which caused the share price to soar by more than 5% in early trading on Friday. On the BSE, Wipro shares increased by 5.34% to a peak of ₹557.05 per. In the quarter that concluded in

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Why is Indian stock market falling for four straight sessions - Explained

Why is Indian stock market falling for four straight sessions – Explained

The Indian stock market opened down on Friday morning trades, extending the selling frenzy for an additional session. Within minutes of the Opening Bell, the Nifty 50 index hit an intraday low of 24,567 after opening with a downside gap of 24,664. The 50-stock index dropped around 560 points throughout four sessions after hitting its

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Hyundai IPO: QIBs rescue India's biggest-ever offer

Hyundai IPO: QIBs rescue India’s biggest-ever offer

Hyundai Motor India IPO: Retail investors were not drawn to Hyundai Motor India’s much-anticipated initial public offering, as just 50% of the shares were subscribed on the final day of the share sale. Based on available records, this initial public offering (IPO) is the biggest in India and the second-biggest globally in 2024. It is

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