Newly listed firms have mostly avoided this red zone despite the recent correction being more noticeable in some areas of the market where well-known brands found it difficult to maintain their position. Almost two-thirds of the initial public offerings (IPOs) made in the past four months are still trading above their issue price. Conversely, one-third,…
Senco Gold shares dropped more than 60% from ₹772 in October 2024 to a 52-week low of ₹304.50. Following a sharp reduction in profitability for Q3FY25, ascribed to excessive costs and inventory losses, the stock has dropped by about 9% in a year and 32% in February alone. After the jewelry retailer revealed a severe…
On Monday, February 17, Ajax Engineering shares make a dismal start on the NSE, trading at ₹576—an 8.43% decrease from its IPO price of ₹629. It floated for ₹593 on the BSE, which is 5.7 percent lower than the IPO price. Ajax Engineering IPO Listing: On Monday, February 17, Ajax Engineering’s shares made a dismal…
Following poor Q3FY25 results that showed a net loss of ₹30 crore and a considerable decline in EBITDA, Borosil Renewables’ shares declined 5% to ₹472. Declining ex-factory prices and heightened competition from lower-priced imports strain the business. Following an adverse reaction from investors to the company’s December quarter results, shares of Borosil Renewables, a major…
In February 2025, millions of eligible households will receive a crucial £200 Cost of Living Payment as inflation continues to raise living expenses in the UK. Families and individuals struggling to keep up with growing costs are intended to benefit financially from this contribution. Comprehending the eligibility requirements, payment schedule, and disbursement process is critical…
With intentions to raise ₹3,000 crore through NCDs, Tata Steel’s share price dropped 1.39% to ₹134.35. Despite short-term market swings, stability is intended to be increased through strong credit ratings and financial restructuring. Tata Steel has said it will use a private placement to issue non-convertible debentures (NCDs) to earn ₹3,000 crore. Approved by the…
On February 14, GlaxoSmithKline Pharmaceuticals Ltd. reported an 18% rise in sales to ₹946 crore for the 3 quarter that ended on December 31, 2024, with a profit after tax of ₹229 crore. GSK Q3FY25 Results: Today, February 14, GlaxoSmithKline Pharmaceuticals Ltd. (GSK) reported its third-quarter financial results, which concluded on December 31, 2024. The…
In the third quarter of the current fiscal year, the online travel tech platform’s operating revenue dropped 6.5% to ₹150.5 crore. Easy Trip Planners Q3 Results: On Friday, Easy Trip Planners revealed its fiscal 2024–25 October–December quarter results (Q3FY25). February 14, showing a 26.3% decline in net profit to ₹33.6 crore, down from ₹45.6 crore…
Many households in the UK are looking for strategies to control their spending as the cost of living keeps rising. The government has created a £150 Cost of Living Voucher to aid qualified people with necessary purchases. UK Households to Get Free £150 Cost of Living Voucher: A valuable tool for UK households dealing with…
Vakrangee will invest in R&D and technology, training facilities, brand development programs, organic company expansion, and a contingency fund. Following the business’s announcement of its capital allocation policy and a declaration that it is debt-free, shares of IT company Vakrangee continued to trade higher on Monday for the second straight day. Before the rebound, the…