On January 3, as global trade tensions escalated following the announcement of US tariffs, Indian metal equities saw a sharp fall. All of the Nifty Metal index components lost value, although SAIL, JSW Steel, Hindustan Copper, and National Aluminium suffered the most, as the index dropped 3.6% to a low of 8,000. Monday, February 3,…
Following a spike in the US dollar relative to the Indian rupee and other world currencies, Vedanta’s shares fell 7% to Rs 410 on Monday’s BSE trading. Following President Trump’s tariffs on the nation’s biggest trade partners, the Indian rupee fell more than Rs 87 to the US dollar for the first time, causing the…
The post-budget surge has seen Rekha Jhunjhunwala’s portfolio stock jump from ₹3,368.40 to ₹3,642.55 per share on the NSE. Following Finance Minister Nirmala Sitharaman’s announcement to lower the tax from 25% to 20%, Titan’s share price surged from ₹3,368.40 to ₹3,642.55 per share on the NSE in the recent two sessions amid the flurry around…
According to market estimates, the RBI has almost 1 trillion rupees ($11.5 billion) in bonds that mature in the upcoming fiscal year. Before Saturday’s budget, the government was supposed to exchange these notes for longer-dated debt. According to a senior government official, the government would probably regard the Reserve Bank of India’s (RBI) holding of…
Following its Q3 financial release, which showed a consolidated profit after tax of ₹239 crore, up from ₹33 crore the previous year, Inox Wind’s share price increased by about 12%. With an order book of 3,286 MW, 28% more than the last year, revenues increased 96% to ₹994 crore. Following its Q3 results report and…
Following the announcement of a 76% year-over-year (YoY) increase in consolidated profit for the quarter ending December 31, 2024, at Rs 3,547 crore, Vedanta shares will be the subject of attention on Saturday, February 1. Consolidated EBITDA increased 30% YoY to Rs 11,284 crore while operating revenue increased 10% YoY to Rs 38,526 crore. Margins…
Following the Q3 results and ahead of Nirmala Sitharaman’s 2025 budget, the price of the Oil and Natural Gas Corporation (ONGC) share fell by almost 3% in Saturday morning trading. Following the Q3 results and before Nirmala Sitharaman’s 2025 budget, the price of Oil and Natural Gas Corporation’s (ONGC) shares fell more than 3% in…
On January 31, IndusInd Bank said their standalone net profit for the third quarter of FY25 was ₹1401.28 crore, a 39% year-over-year decrease. For the third quarter of the fiscal year 2024–25 (Q3 FY25), the private sector lender IndusInd Bank reported a 39% year-over-year (YoY) drop in standalone net profit to ₹1401.28 crore on Friday,…
In the fiscal year 2024–2025, Bandhan Bank’s net profit for the October–December quarter fell 42% to ₹426 crore. Before Friday’s trading session’s results report, shares ended higher. On Friday, January 31, Bandhan Bank Limited released the results for the October through December quarter. Compared to ₹733 crore in the same period last year, the institutional…
Following a solid financial report that showed a net profit gain of 260% to ₹507 crore and a revenue growth of 117% to ₹3,458 crore, mostly from solar activities, Waaree Energies experienced a 14% increase in its shares to ₹2,505. Following the revelation of the company’s December quarter performance, which was above street predictions, shares…