Market News

HDFC AMC shares jump over 5% to record high after strong Q2 results

HDFC AMC shares jump over 5% to record high after strong Q2 results

After the company released impressive results for the second quarter of FY25, the share price of HDFC Asset Management Company increased by more than 5% on Wednesday, setting a new record. A new high of ₹4,783.75 per share was reached by HDFC AMC shares on the BSE, rising as much as 5.16%. After reporting a […]

HDFC AMC shares jump over 5% to record high after strong Q2 results Read More »

Pfizer Went From Covid Star to Activist Target as Stock Fell

Pfizer Went From Covid Star to Activist Target as Stock Fell

Although Pfizer Inc. and Albert Bourla prevailed in their initial battle with Starboard Value LP, the pharmaceutical company and its troubled CEO still have a lengthy battle ahead of them against an activist who detests defeat. Bourla is scheduled to meet with Starboard on Wednesday. This comes after news broke early this week that the

Pfizer Went From Covid Star to Activist Target as Stock Fell Read More »

Central govt to offload 5% stake in Cochin Shipyard via OFS at ₹1,540 per share

Central govt to offload 5% stake in Cochin Shipyard via OFS at ₹1,540 per share

The Offer for Sale (OFS) to sell a 5% stake in Cochin Shipyard Ltd. has been launched by the Narendra Modi administration, with a minimum share price of ₹1,540. The OFS is slated to open for non-retail investors on October 16, 2024, and for retail investors on October 17. The OFS offers a base offer

Central govt to offload 5% stake in Cochin Shipyard via OFS at ₹1,540 per share Read More »

Penny stock below ₹5: The price of Rajesh Wellness shares rises by more than 5%

Penny stock below ₹5: The price of Rajesh Wellness shares rises by more than 5%

The announcement by Rajnish Wellness to establish 20 additional Dava Discount stores on Tuesday, October 15, caused shares, which are now trading below ₹5, to rise by more than 5%. The healthcare and wellness business aroused investor interest and raised the stock price when it revealed intentions to open 20 new Dava Discount locations in

Penny stock below ₹5: The price of Rajesh Wellness shares rises by more than 5% Read More »

Angel One share price soars over 10.5% on robust performance in Q2

Angel One share price soars over 10.5% on robust performance in Q2

Leading Indian retail full-service broking company Angel One’s shares recorded a notable increase of 10.53% in early morning trade on Tuesday, October 15, reaching ₹3,010 per share. For the first time since mid-April, the stock price crossed the ₹3,000 per share threshold. The company’s best-ever quarterly performance for the three months ended September 2024 (Q2

Angel One share price soars over 10.5% on robust performance in Q2 Read More »

Garuda Construction and Engineering lists at ₹105, up 9.5% from IPO price

Garuda Construction and Engineering lists at ₹105, up 9.5% from IPO price

Garuda Construction and Engineering’s stock had a strong opening on the exchanges today. It went public on the NSE at ₹105, 9.5 per cent over its IPO price of ₹95. In the meantime, it floated at ₹103.20 on the BSE, up 8.63 per cent from the issue price. The ₹264.10 crore initial public offering (IPO)

Garuda Construction and Engineering lists at ₹105, up 9.5% from IPO price Read More »

Wall Street Week Ahead: Investors eye ECB policy, US poll buzz, Q3 earnings

Wall Street Week Ahead: Investors eye ECB policy, US poll buzz, Q3 earnings

This week, investors will be closely monitoring corporate earnings releases, retail sales data, and unemployment claims reports to further validate the economic resilience that has bolstered equity markets this month. This will put the US consumer confidence in the focus. The benchmark S&P 500, which has gained more than 21% this year, is poised to

Wall Street Week Ahead: Investors eye ECB policy, US poll buzz, Q3 earnings Read More »

Sudarshan Chemical shares surge 20%, hit 52-week: Know More About It

Sudarshan Chemical shares surge 20%, hit 52-week: Know More About It

After the company announced that it was acquiring the global pigment division of Germany’s Heubach Group, shares of Sudarshan Chemical Industries surged 20% on Friday, October 11 to reach a 52-week high. The company in an exchange filing today said, “… Sudarshan Chemical Industries Limited has entered into a definitive agreement on 11th October 2024,

Sudarshan Chemical shares surge 20%, hit 52-week: Know More About It Read More »