Senco Gold’s stock fell 18% in the first trading session on February 14 due to the company’s announced Q3 margin decrease. Senco Gold Shares Crashed 20% After Q3 Results: Senco Gold’s Q3 margins were significantly impacted by increased expenses for establishing new subsidiaries, fluctuations in the price of gold, and increased customs charges. Senco Gold’s…
Following British American Tobacco Plc’s announcement on February 14 that it would reduce its interest in the hotel industry by the following year, ITC Hotels’ stock plunged more than 3%. In intraday trading on Friday, February 14, shares of the newly listed ITC Hotels fell more than 3% after British American Tobacco Plc (BAT), ITC’s…
The operating income of the gaming and e-sports platform, which the late Rakesh Jhunjhunwala supported, increased by about 67% to ₹534.7 crore. Nazara Tech Q3 Results: On Thursday, February 13, Nazara Technologies revealed its October-December quarter results for fiscal 2024-25 (Q3FY25). The company’s consolidated net profit dropped 53.6% to ₹13.7 crore from ₹29.5 crore during…
Shares of NATCO Pharma fell 19% after a dismal Q3 FY25 report that revealed a 37.75% decline in profits, indicating further difficulties in their export formulation sector. Natco Pharma Shares Tank 19% Post Q3 Earnings: On Thursday, February 13, NATCO Pharma’s stock fell 19% after the company revealed its third-quarter fiscal 2024–25 (Q3 FY25) results,…
The dividend record date for Bharat Forge is Tuesday, February 18. A business’s deadline to identify which shareholders are qualified to receive the announced dividend is known as the dividend record date. In addition to its Q3 results, Bharat Forge has declared an interim dividend, the dividend record date, and the dividend payment date, all…
After six days of losses, the Indian stock market had a relief bounce on February 13. In the first hour of trading, more than 30 firms, including Kotak Mahindra Bank and Muthoot Finance, hit their 52-week highs. On Thursday, February 13, the Indian stock market had a relief bounce following six days of losses, with…
On Thursday, February 13th, Readymix Construction Machinery’s shares debuted flat, closing at ₹123 on the NSE SME, the same price as its initial public offering. Readymix Construction Machinery IPO listing: On Thursday, February 13th, Readymix Construction Machinery’s shares debuted flat, closing at ₹123 on the NSE SME, the same price as its initial public offering….
Shares of Honasa Consumer increased by about 9% to ₹222 after the company’s Q3FY25 earnings exceeded expectations. Revenue increased 6% to ₹517.5 crore, but net profit remained at ₹26 crore. Following the announcement of Honasa Consumer’s December quarter figures, which were somewhat above Street predictions, shares of Mamaearth’s parent company, Honasa Consumer, rose by about…
The Amwill Healthcare initial public offering (IPO) is scheduled for February 5–7, 2025. This new IPO is a Rs 59.98 crore book-built issuance. This impending IPO combines an offer-for-sale with a new issuance. The OFS is Rs 11.10 crore, and the latest issue is Rs 48.88 crore. The IPO pricing range for Amwill Healthcare is…
MSCI Inc., a global index provider, published its February 2025 index review on Wednesday. The revisions will go into effect on February 28 after the market closes. MSCI February Review: As part of the February 2025 review, global index provider MSCI Inc. has revised its indices. The changes will go into effect on February 28…