Market News

ITC Hotels shares slide for second day, hit 5% lower circuit

ITC Hotels Listing: After Making their BSE Debut at Rs 188, Shares Fall 5%

ITC Hotels’ stock dropped 5% on the second trading day, starting at ₹188 and closing at ₹169.70. After ITC’s hotel businesses were demerged, the stock experienced a sharp drop, finishing lower on the BSE and NSE. ITC Hotels listing:  On Wednesday, January 29, 2025, ITC Hotels’ shares went public on the BSE for Rs 188 […]

ITC Hotels Listing: After Making their BSE Debut at Rs 188, Shares Fall 5% Read More »

Q3 Earnings Impact KPIT Tech shares surge 8% after company raises FY25 guidance

Q3 Earnings Impact: Shares of KPIT Tech Rise 8% on the Company’s FY25 Forecast Increase

Following impressive Q3FY25 results that increased EBIT margin projection to above 21%, KPIT Technologies’ shares jumped 8%. Revenue increased 17.6% to ₹1,477.96 crore, while net profit increased 19.27% to ₹186.97 crore. After KPIT Technologies reported impressive results for the quarter ending December 2024 (Q3FY25) and increased its EBIT margin guidance for the fiscal year 2025,

Q3 Earnings Impact: Shares of KPIT Tech Rise 8% on the Company’s FY25 Forecast Increase Read More »

Muted Debut! CLN Energy shares list at ₹256, just 2.4% up from IPO price

CLN Energy Shares List at ₹256, Just 2.4% up from IPO Price

On Thursday, January 30, CLN Energy shares made a quiet start on the BSE SME, trading at ₹256, a little 2.4% premium over the issue price of ₹250. On Thursday, January 30, CLN Energy shares made a quiet start on the BSE SME, trading at ₹256, a little 2.4% premium over the issue price of

CLN Energy Shares List at ₹256, Just 2.4% up from IPO Price Read More »

Rexpro Enterprises share price lists at a 19% discount at ₹117 on NSE SME

Rexpro Enterprises Listing: Rexpro Share Price Lists at a 19% Discount at ₹117

Rexpro Enterprises’ initial public offering (IPO) on the NSE SME platform opened at ₹117, a 19% decrease from its January 29 issue price of ₹145. Rexpro Enterprises IPO Listing: On Wednesday, January 29, shares of Rexpro Enterprises, a furniture manufacturing firm, made a lackluster debut on the NSE SME platform. The share price of Rexpro

Rexpro Enterprises Listing: Rexpro Share Price Lists at a 19% Discount at ₹117 Read More »

M&M Finance shares slip 3% after Q3 results disappoint Street

Shares of M&M Finance Fall 3% After the Q3 Earnings Let the Street Down

The company’s assets under management increased 19% year over year to Rs 1.15 lakh crore, while disbursements increased 7% for the quarter to Rs 16,467 crore. Mahindra & Mahindra Financial Services Limited reported a 63% year-over-year increase in net profit for the quarter ended December at Rs 899 crore, thanks to a dramatic decline in

Shares of M&M Finance Fall 3% After the Q3 Earnings Let the Street Down Read More »

Rekha Jhunjhunwala stock VA Tech Wabag jumps 7% on receiving ₹121 crore order

Rekha Jhunjhunwala’s Stock, VA Tech Wabag, Surges 7% After A ₹121 Crore Order is Received

After VA Tech Wabag secured an O&M contract worth ₹121 crore for a wastewater treatment plant in Bahrain, increasing its position in the Middle East, its shares increased by more than 7%. Despite recent dips, the company’s stock has remained strong, quadrupling from its 52-week low. After a significant operations and maintenance (O&M) contract worth

Rekha Jhunjhunwala’s Stock, VA Tech Wabag, Surges 7% After A ₹121 Crore Order is Received Read More »

Small-cap stock SIS surges 12% after Q3 PAT soars 176.6% YoY

Stocks with Small Caps SIS Rises 12% as Q3 PAT Jumps 177% Year over Year

Following a stunning 177% growth in earnings after tax for Q3FY25, the price of SIS shares increased by about 12% during intraday trading on January 29. SIS Q3 Result: A day after the firm announced a spectacular 177% increase in its profit after tax (PAT) for December of the current fiscal year (Q3FY25), the price

Stocks with Small Caps SIS Rises 12% as Q3 PAT Jumps 177% Year over Year Read More »

TVS Motor climbs 9% to 3-week high as brokerages stay bullish post Q3 earnings

After Q3 Earnings, TVS Motor Rises 9% to A Three-Week High as Brokers Remain Optimistic

Despite a quarterly earnings shortfall, TVS Motor shares increased 9% to ₹2,539 due to favorable analyst ratings. While Motilal Oswal pointed out possible motorbike problems, brokers Macquarie and JP Morgan maintained positive outlooks, predicting market share and margin increases. On Wednesday, January 29, shares of TVS Motor Company, one of the nation’s top producers of

After Q3 Earnings, TVS Motor Rises 9% to A Three-Week High as Brokers Remain Optimistic Read More »

IDFC First, ICICI, other bank and financial services stocks rise on RBI boost

IDFC First, ICICI, other Bank and Financial Services Stocks Rise on RBI Boost

The stocks of IDFC, Axis, ICICI, and other banks and financial services companies increased during Monday’s morning trading. The RBI’s liquidity boost initiatives improved market sentiment. IDFC first, Axis, ICICI, HDFC, Other Bank and Financial Services: The stocks of IDFC First Bank, Axis Bank, ICICI Bank, and other financial institutions increased during Tuesday’s morning trading.

IDFC First, ICICI, other Bank and Financial Services Stocks Rise on RBI Boost Read More »

Bank stocks rally up to 3% as RBI announces measures to manage liquidity conditions

Bank Stocks Increase by 3% as the RBI Declares Actions to Control Liquidity

Following an assessment of current liquidity and financial conditions, the Reserve Bank of India (RBI) announced measures to pump liquidity into the banking sector, which caused bank stocks to soar as high as 3.3% on Tuesday, January 28. The shares of AU Small Finance Bank rose 3% to Rs 580.85 on the BSE after Canara

Bank Stocks Increase by 3% as the RBI Declares Actions to Control Liquidity Read More »