Market News

IndiGo share price cracks over 13% on poor Q2 show

In early trading on Monday, October 28, IndiGo’s share price fell more than 13% as investors were alarmed by the company’s poor September-quarter (Q2FY25) results. Initially trading at ₹4,108.80, InterGlobe Aviation’s shares fell 13.43% to ₹3,778.50 from their previous close of ₹4,364.65. However, the stock reduced its losses and was down 8.42% at ₹3,996.95 at […]

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Shriram Finance share price rises 7% post strong Q2 results that beat estimates

After a robust Q2 performance, the share price of Shriram Finance increased by 7% in early trading on Monday, October 28. On Friday, after market hours, the company released its profits. The share price of Shriram Finance opened Monday at ₹3,173.45 on the BSE, 2.65% higher than the closing price of ₹3,091.40. After that, the

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Waaree Energies makes strong debut, lists at ₹2,500, up 66.3% over IPO price

Waaree Energies makes strong debut, lists at ₹2,500, up 66.3% over IPO price

On Monday, October 28, Waaree Energies’ shares surged on the stock exchanges, closing at ₹2,500 on the NSE, 66.33% more than the issue price of ₹1,503. At a premium of 69.66 per cent, the stock debuted at ₹2,550 on the BSE. Subscriptions for the ₹4,321.44 crore initial public offering (IPO) were accepted from October 21

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Capri tumbles 46% after US court blocks $8.5 billion merger with Tapestry

Capri tumbles 46% after US court blocks $8.5 billion merger with Tapestry

The prospective $8.5 billion merger with Coach parent Tapestry was rejected by a U.S. judge on Friday, which harmed Capri’s chances of overcoming obstacles at the luxury brand. As a result, Capri shares fell by about 46%. Last year, Tapestry agreed to purchase Capri to establish a luxury conglomerate in the United States that could

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Yes Bank Q2 results preview: PAT may jump up to 145% YoY, NII seen 23% higher

Yes Bank Q2 results preview: PAT may jump up to 145% YoY, NII seen 23% higher

YES Bank, a private sector lender, announced a 145.6% increase in net profit for the second quarter of FY25 on Saturday. The second quarter of the current fiscal year had a profit of Rs 553 crore, up from Rs 225.21 crore in the second quarter of FY24. At Rs 2,200 crore, net interest income increased

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Why Yes Bank share price dip ahead of Q2 results 2024: Read To Know More

Why Yes Bank share price dip ahead of Q2 results 2024: Read To Know More

Last week, there was a lot of selling pressure on the Yes Bank share price ahead of the presentation of the Q2 results 2024 on Saturday. Yes Bank’s share price plummeted from about ₹21.50 per share on the NSE to ₹19.50 per share during the last five sessions, resulting in a weekly loss of more

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Tesla gains 4% to extend Q3-powered rally after best single-day gain in a decade

Tesla gains 4% to extend Q3-powered rally after best single-day gain in a decade

As the US markets opened on Friday, Tesla’s stock continued to rise, increasing 4.43 per cent. Following the company’s announcement of a 17% increase in third-quarter profits, Tesla shares listed on the Nasdaq index saw an uptick. When trading began at 9:30 am EDT, Tesla shares were trading at $257.69. They increased by 4.43 per

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Hyundai Motor India vs Maruti Suzuki: Which is the better auto stock?

Hyundai Motor India vs Maruti Suzuki: Which is the better auto stock?

With Hyundai Motors India’s largest IPO and subsequent listing on Tuesday, October 22, the automotive industry has been in the spotlight. A crucial query for long-term investors is which passenger car manufacturer—Hyundai Motor or Maruti Suzuki—should they pick in the long run, given the auto giant’s stock market debut. Hyundai Motor Stock Price Trend On

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IndusInd Bank shares slump 19% as Q2 numbers miss estimates, analysts cut TP

IndusInd Bank shares slump 19% as Q2 numbers miss estimates, analysts cut TP

On Friday, October 25, the intraday share price of IndusInd Bank fell 19% to a new 52-week low of ₹1,034 per share. This drop came after the bank’s poor September quarter results, which fell short of Street projections across the board and caused analysts to reduce their stock target prices. The lender’s declaration that it

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