Dolly Khanna, a renowned investor, carefully added the small-cap firm Indian Metals & Ferro Alloys (IMFA) to her portfolio in the quarter ending December 31, 2024. She bought 1.16% of the company’s stock, or 623,464 shares. Over the last year, shares of Indian Metals & Ferro Alloys have risen by about 80%, outperforming the Nifty…
The Securities and Exchange Board of India (SEBI) has issued an administrative warning to JM Financial for regulatory non-compliance during its client Western Carrier’s initial public offering (IPO). The investment banking firm’s shares fell 2.3% to settle at Rs 129.90 on the NSE after it informed the stock exchanges about the SEBI letter on Friday….
European stock indexes fell Friday as traders banked profits on a strong start to 2025 and awaited a full return to work next week. Asia’s key equity indices closed mainly higher, with Seoul up over 2% despite rising political turmoil in Asia’s fourth-largest economy. Hong Kong, Sydney, and Taipei all saw rises, however, Shanghai fell…
The stock market will face its first significant test of the year in the next week, with investors expecting the U.S. jobs report to indicate a healthy but not overheated economy, which will support hopes for equities gains in 2025. Stocks wobbled at the end of December and the beginning of January, dropping after a…
Even though the Indian stock market benchmark Sensex fell by almost 700 points, or over 1%, nearly 200 equities reached new one-year highs in intraday trading on the BSE on Friday, January 3. On Friday, the BSE saw 52-week highs for HCL Tech, Mahindra and Mahindra (M&M), Eicher Motors, Info Edge (Naukri), PB Fintech (PolicyBazaar),…
AQR Capital Management’s multi-strategy product returned 15.1% in 2024, outperforming the stock market even as co-founder Cliff Asness reaffirmed his concerns about “epic” values. The $2.3 billion Apex, which incorporates a mix of the quant firm’s trades, produced another year of double-digit profits, benefiting from stock-picking and macro trading, according to a person familiar with…
Force Motors, the flagship firm of the Abhay Firodia Group, saw its shares rise 9.46% in intraday trade on January 02, reaching an 8-week high of ₹7,256 apiece after winning a substantial order for diesel ambulance vehicles. In a regulatory statement today, the business informed investors that it has obtained an order to supply 2,429…
Petronet LNG shares fell 8.5% during intraday trading on Thursday, January 2, after the Petroleum and Natural Gas Regulatory Board (PNGRB) made unfavourable statements about tariff-related actions. The loss was worsened by Citi’s gloomy forecast, which put the stock on a 90-day negative watch. Regulatory scrutiny intensifies PNGRB accused Petronet LNG of abusing gas users…
World shares failed to get impetus on Thursday following a nervous end to 2024, as the dollar fell as market mood waned ahead of Donald Trump’s return to the White House. The start of the New Year was shaping up to be less favourable for equities, as uncertainty about incoming US President Donald Trump’s policies…
Avenue Supermarts (DMart) shares rose 10% in early trading on Friday, December 3, following a solid business report for the third quarter of fiscal year 2024-2025. In the most recent quarter, the company’s standalone revenue from operations was ₹15,565.23 crore, a 17.49% increase from ₹13,247.33 in the same period last year. The figure is also…