On Wednesday, December 4, Lincoln Pharmaceuticals experienced a 20 per cent rise in intraday trading on the BSE, reaching its upper circuit and a record high of ₹904.90. The price of Lincoln Pharma’s shares soared 20% to reach an all-time high, opening at ₹782.90 from its previous closing of ₹754.10. Just three sessions in December…
Abha Power and Steel Limited’s share price was floated on the NSE SME at ₹81.90, a respectable 9.2% premium. However, the shares then reached a lower circuit. However, the share price of Abha Power and Steel is below what the market anticipates. The subscription interest and the Grey market premium showed that the investors had…
Reports that the government may raise the Goods and Services Tax (GST) on cigarettes, tobacco, and aerated drinks caused shares of cigarette company ITC and aerated drink business Varun Beverages to drop up to 5% on the BSE during Tuesday’s intraday trading in an otherwise bullish market. In intraday trading, Varun Beverages’ shares fell 5%…
AGI Infra Ltd., a well-known brand in construction and real estate, announced a 1:2 stock split, which sparked a lot of market interest. Following the announcement, the company’s shares increased 2.61 per cent on Monday, closing at ₹1,650.50. This is the first time that AGI Infra has split its stock, a move meant to increase…
Strong purchasing momentum caused HDFC Bank’s share price to rise more than 1% on Tuesday, setting a new record high. The price of HDFC Bank’s shares on the NSE increased 1.8% from the previous close to reach its all-time high of ₹1,837.40 per share. With today’s share price advances, HDFC Bank’s market capitalization regained the…
The price of McLeod Russell’s stock rose by about 5% today, hitting a 52-week high during Tuesday’s trading session. This spike came after Altius Finserv Private bought 12 lakh shares of McLeod Russell India in bulk on December 2 for an average price of ₹39.87. However, after a strong start due to profit booking, the…
On Tuesday, December 3, the share price of Rajputana Biodiesel had a spectacular debut on the NSE SME market. In comparison to the issue price of ₹130, the stock was listed for a 90 per cent premium at ₹247. It extended gains and reached its upper circuit at ₹259.35 shortly after the listing. Nearly 719…
Many were taken aback by India’s gross domestic product (GDP) numbers for the current fiscal year’s July–September quarter. At 5.4%, the Q2FY25 GDP growth rate was the lowest in almost two years. Although the economy grew by 6.7% in Q1FY25, India’s GDP rose by an amazing 8.1% in the same quarter last year. Notably, for…
The US financial markets will be closed on Wednesday, December 25, and early on Tuesday, December 24, in observance of the Christmas holiday. Both the Nasdaq Stock Exchange and the New York Stock Exchange (NYSE) will be closed on December 25th, per the Securities Industry and Financial Markets Association (SIFMA) and the official Nasdaq holiday…
The price of Adani Green Energy’s stock increased by as much as 9% during Monday’s early trading. In addition to gains in the previous three sessions, the stock increased by about 50% in the previous four. Monday’s opening price of ₹1364.00 for Adani Green Energy shares on the BSE was about 3% higher than the…