Kaushiki

Tata Elxsi, TTML to Tata Power: These Tata shares jump up to 11% in stock market

Tata Elxsi, TTML to Tata Power: These Tata shares jump up to 11% in stock market

During Thursday, October 10, early morning trading, there was a notable increase in the buying activity of Tata Group shares. The majority of the group’s stocks were rising, with Tata Investment Corporation leading the way at ₹7,545 a share, up 15%. Tata Chemicals increased by 8.9%, and Tata Teleservices (Maharashtra) came in second with a […]

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PNC Infratech stock up 7% after company secures project worth ₹2,091 crore

PNC Infratech stock up 7% after company secures project worth ₹2,091 crore

Early on Thursday morning, PNC Infratech’s shares jumped 7% to ₹458.90 after the company declared that it has emerged as the “lowest bidder” for a ₹2,091 crore infrastructure project close to the future Navi Mumbai Airport. Building highways, flyovers, small bridges and associated electrical works are all included in the four-year contract, as per the

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SAIL, Bandhan Bank, Birlasoft among ten stocks in F&O ban list today

SAIL, Bandhan Bank, Birlasoft among ten stocks in F&O ban list today

As 10 equities in the futures and options (F&O) segment exceeded 95% of the market-wide position limit (MWPL), the National Stock Exchange (NSE) prohibited trading in those stocks on Wednesday, October 9. Nonetheless, the cash market will offer these stocks for trade. The list of securities that are prohibited from trading in F&O is updated

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IndusInd Bank, AU Small Finance Bank among 8 lenders that saw rise in NPAs in Q1

IndusInd Bank, AU Small Finance Bank among 8 lenders that saw rise in NPAs in Q1

A non-performing asset (NPA) is a debt that has been past due and unpaid for a defined amount of time. Investors holding banking equities should be mindful of their portfolios’ non-performing assets (NPAs) as the Q1 FY25 results get near. Several banks reported an increase in non-performing assets (NPAs) during Q1FY25, including IndusInd Bank, AU

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Sensex rises 140 points, Nifty above 24,800 despite Middle East, China jitters

Sensex rises 140 points, Nifty above 24,800 despite Middle East, China jitters

Despite continued caution due to the ongoing violence in the Middle East, the Indian stock indices, the S&P BSE Sensex and Nifty50, saw stronger trading on Tuesday. Ahead of local quarterly reports and the Reserve Bank of India’s impending rate announcement, investors were mainly in a wait-and-watch mindset. The Nifty50 increased 190 points, or 0.77%,

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Fed made FIIs spend Rs 27,000 crore on bank stocks but China forcing a U-turn now

Fed made FIIs spend Rs 27,000 crore on bank stocks but China forcing a U-turn now

The US Federal Reserve and the People’s Bank of China appear to be exerting undue influence over the stocks of banks and other financial companies. Foreign institutional investors, or FIIs, believed that the Fed’s massive rate decrease of 50 basis points was sufficient compensation for the September loss of opportunity. FIIs had sold banks and

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Shares of Vodafone Idea fall 7% to 52-week lows following a DoT notice on bank guarantees

Shares of Vodafone Idea fell 7% to 52-week lows following a DoT notice on bank guarantees

The Department of Telecommunications (DoT) issued a warning today about Vodafone Idea’s inability to pay mandatory bank guarantees for prior spectrum auction dues, which caused shares of the business to plunge over 7%, trading at Rs 8.90 on the National Stock Exchange (NSE). Vodafone Idea was accused of not providing the required bank guarantees for

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Bank of Maharashtra stock in focus after LIC raises stake via QIP

Bank of Maharashtra stock in focus after LIC raises stake via QIP

In an October 5, 2024, exchange filing, the Life Insurance Corporation of India (LIC) revealed a substantial increase in its ownership of Bank of Maharashtra, from 4.05% to 7.10%. This rise is in response to the Qualified Institutional Placement (QIP) allocation of 25.96 crore equity shares at a price of ₹57.36 per share. To improve

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LIC increases its investment in Apollo Tyres and Bank of Maharashtra

LIC increases its investment in Apollo Tyres and Bank of Maharashtra

The Life Insurance Corporation of India (LIC) has boosted its interests in the Bank of Maharashtra and Apollo Tyres, which are expected to ignite investor interest in both firms on October 7. The statements, which revealed LIC’s expanding participation in these important industries, were made through regulatory filings. On October 4, the share price of

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NBCC stock up over 4% as stock trades ex-bonus today

NBCC stock up over 4% as stock trades ex-bonus today

On Monday, October 7, NBCC’s stock increased by more than 4%, since the scrip became ex-bonus today. The company’s board meeting on August 31, 2024, approved the issuance of bonus shares in a 1:2 ratio. NBCC’s board approved the issuing of one fully paid-up equity share for every two existing shares, subject to shareholder approval

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