Market News

European Stocks Pause After Hitting Fresh Record; Hermes Jumps

European Stocks pause after Hitting a New Record: Explore more Details

European equities stopped after reaching a new high on strong luxury sector earnings and investors were happy that US tariffs might take weeks to implement. At 11:52 a.m. in Paris, the Stoxx 600 Europe Index had remained rather stable. Hermès, the iconic Birkin bag maker from France, rose as much as 5% after reporting almost […]

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Tata Steel to raise ₹3000 crore via issuance of NCDs through private placement

Private Placement would Help Tata Steel Raise ₹3,000 Crore Through NCDs

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

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GSK Q3FY25 Results Net profit jumps 4X to ₹229 crore; revenue improves 18%

GSK Q3FY25 Results: Profit Grows Four Times to ₹229 Crore

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

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Easy Trip Planners Q3 Results Net profit drops 26.3% to ₹33.6 crore

Easy Trip Planners Q3 Results: A 26.3% Decline in Net Profit at ₹33.6 Million

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

Easy Trip Planners Q3 Results: A 26.3% Decline in Net Profit at ₹33.6 Million Read More »

Vakrangee shares hit 5% upper circuit for 2nd straight session; here's why

Vakrangee’s Stock Reached A 5% High for the Second Consecutive Day

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

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Senco Gold shares nosedive over 18% after Q3 PAT plummets 69% YoY

Reasons for Senco Gold’s 20% Share Price Drop Following Q3 Reports

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

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ITC Hotels share price falls 3% as BAT looks to divest stake by 2026

As BAT Seeks to Provide its Shareholding by 2026, ITC Hotels’ Share Price Drops 3%

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

As BAT Seeks to Provide its Shareholding by 2026, ITC Hotels’ Share Price Drops 3% Read More »

Nazara Technologies shares slip over 1% after Q3 profit falls 53% YoY, but revenue surges 67%

Nazara Tech Q3 Results: Despite Revenue Rising 67% YoY, Net Profit Drops 53% to ₹14 Crore

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

Nazara Tech Q3 Results: Despite Revenue Rising 67% YoY, Net Profit Drops 53% to ₹14 Crore Read More »

Market News for February 13, 2025 Stocks approach record highs on PPI data and Trump's latest Tariff Order

Market News for February 13, 2025: Stocks approach record highs on PPI data and Trump’s latest Tariff Order

Major US market indexes closed around all-time highs on Thursday, as data indicated wholesale inflation slowed somewhat in January and President Trump issued a softer-than-expected tariff executive order. The Nasdaq Composite jumped 1.5% on Thursday, while the S&P 500 gained 1% to finish less than 0.1% shy of a record. The Dow Jones Industrial Average

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ICICI Bank shares in focus as Prudential weighs listing of ICICI Prudential MF

ICICI Bank shares are in the spotlight as Prudential considers IPO of ICICI Prudential MF

ICICI Bank’s share price will be closely watched on Thursday as its joint venture partner Prudential plc considers listing ICICI Prudential Asset Management by partially divesting its shareholding  “Prudential plc announced today that it is evaluating a potential listing of ICICI Prudential Asset Management Company Limited, which includes a partial divestment of its shares, subject

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