Market News

Ashoka Buildcon shares jump 7% on securing ₹2,791 crore order from NHAI

Ashoka Buildcon shares jump 7% on securing ₹2,791 crore order from NHAI

In early morning trading on Tuesday, November 19, shares of Ashoka Buildcon, a business that builds infrastructure and works on an EPC and BOT basis, increased by 7% to ₹245 per share. The stock rose after the company announced that it had received orders totalling ₹2,791 crores from the National Highways Authority of India (NHAI). […]

Ashoka Buildcon shares jump 7% on securing ₹2,791 crore order from NHAI Read More »

Honasa share price extends losses, falling 18% to hit 52-week low on weak Q2 results

Honasa share price extends losses, falling 18% to hit 52-week low on weak Q2 results

As investors continued to sell off Honasa stock in the wake of poor Q2 results, the share price continued to decline during Tuesday’s session, reaching a new 52-week low. The share price of Honasa fell 18% today, reaching an intraday low of ₹242.60 on the BSE. Monday saw a 20% drop in the company that

Honasa share price extends losses, falling 18% to hit 52-week low on weak Q2 results Read More »

Zee Entertainment share price surges 8% as Punit Goenka quits as firm's MD

Zee Entertainment share price surges 8% as Punit Goenka quits as firm’s MD

On Tuesday, November 19, morning trading on the BSE saw a nearly 8% increase in Zee Entertainment shares, one day after the business announced Punit Goenka’s resignation as managing director. Nevertheless, he will remain the CEO. In contrast to its closing price of 115.50, Zee Entertainment’s stock began at 118.05 and increased by as much

Zee Entertainment share price surges 8% as Punit Goenka quits as firm’s MD Read More »

45% of companies miss estimates in Q2, small and midcaps face larger EPS cuts

45% of companies miss estimates in Q2, small and midcaps face larger EPS cuts

Several companies announced lower-than-expected profits for the September quarter (Q2FY25), which was a negative outcome for Indian Inc. Investor concerns about a possible downturn in the Indian economy were heightened by this lacklustre performance, which led to a steep selloff in the financial markets. International investors have become more pessimistic about the Indian market as

45% of companies miss estimates in Q2, small and midcaps face larger EPS cuts Read More »

Reliance share price lags behind Nifty 50 over past year: Know More Here

Reliance share price lags behind Nifty 50 over past year: Know More Here

Over the past year, the Nifty 50 has outperformed the shares of Reliance Industries, the largest corporation in India by market capitalization. The Nifty 50 has produced a noteworthy 19% return during the same period, but Reliance’s stock has increased 7%. Experts, however, think Reliance may be ready for a change, pointing to the company’s

Reliance share price lags behind Nifty 50 over past year: Know More Here Read More »

Multibagger PTC Industries stock jumps 4% as Q2 profit surges over 100%

Multibagger PTC Industries stock jumps 4% as Q2 profit surges over 100%

On Monday, November 18, intraday trading saw a 4.3% increase in shares of PTC Industries, a manufacturer of engineering components, to ₹11,550 following the release of the company’s impressive September-ending quarter financials. Additionally, this increase put an end to the stock’s three-day run of declines. The total income increased 34% year over year (YoY) to

Multibagger PTC Industries stock jumps 4% as Q2 profit surges over 100% Read More »

Waaree Energies Q2 Results: Net profit rises 17% to ₹375.65 crore

Waaree Energies Q2 Results: Net profit rises 17% to ₹375.65 crore

On Monday, November 18, Waaree Energies Limited released its July to September quarter results. Compared to ₹320.12 crore in the same period last year, the company’s net earnings increased by 17% to ₹375.65 crore in the second quarter of the fiscal year 2024–25, the BSE filing said. Shares of Waaree Energies Ltd. ended Monday’s trading

Waaree Energies Q2 Results: Net profit rises 17% to ₹375.65 crore Read More »

HSBC India Strategy: Targets Sensex at 90,520 by 2025; KIMS and Axis Bank among top picks

HSBC India Strategy: Targets Sensex at 90,520 by 2025; KIMS and Axis Bank among top picks

HSBC is still optimistic about India, keeping its “Overweight” position and projecting a 15% increase from current levels in the Sensex year-end objective of 90,520 for 2025. There are still certain risks and difficulties facing the equity markets, even though growth in India seems to be levelling out at a somewhat slower but still manageable

HSBC India Strategy: Targets Sensex at 90,520 by 2025; KIMS and Axis Bank among top picks Read More »

UAE-listed stocks top $1 trillion in value for the first time: Know More Here

UAE-listed stocks top $1 trillion in value for the first time: Know More Here

The value of stocks listed in the United Arab Emirates has surpassed $1 trillion for the first time. This occurred as a result of a growth in local listings and a rise in companies associated with Abu Dhabi royals, which make up over one-third of the total valuation. As a result, the UAE market as

UAE-listed stocks top $1 trillion in value for the first time: Know More Here Read More »