After the Maharashtra Housing and Area Development Authority (MHADA) announced a new contract for ₹79 crore, shares of RailTel Corporation of India jumped 10% intraday on Wednesday to ₹449 per share. The order entails MHADA’s establishment, migration, and management of a cloud-based data centre and disaster recovery site. This is the third-order victory for RailTel…
Asia’s stocks increased following Wall Street’s positive close, propelled by a shift away from megacap tech and into economically sensitive stocks, such as smaller businesses. Australia’s and Japan’s stocks increased. As investors consider support measures for the nation’s second-largest economy, an index of Chinese companies listed in the US increased by about 1% on Wednesday,…
Thursday’s spotlight is on shares of two-wheeler giant Bajaj Auto after the company’s Q2FY25 earnings came in slightly under Street projections. The business said on Wednesday that its standalone net profit for the quarter that ended in September 2024 was Rs 2,005 crore. Over the Rs 1,836 crore recorded in the same period last year,…
In early trading on Thursday, October 17, Axis Bank’s share price decreased by around 1.60 per cent ahead of its results for the July-September quarter (Q2). The big financial company’s shares began trading at ₹1,152.95, down 1.6% from its previous close of ₹1,152.25. At 10:25 am, the stock saw a 1.5% decrease in value, closing…
Motilal Oswal Financial Services Ltd is a leading financial services company in India, founded in 1987. The company offers a wide range of services, including wealth management, investment banking, asset management, and broking. Motilal Oswal is known for its research-driven approach, providing high-quality investment advice and solutions to both retail and institutional clients. Motilal Oswal…
Rallis India Ltd is a well-established agrochemical company in India, known for its wide range of agricultural products. Founded over 150 years ago, it is part of the Tata Group, one of India’s largest conglomerates. Rallis India provides solutions for crop protection, seeds, plant growth nutrients, and soil health management, supporting farmers across the country….
Union Bank of India Ltd is one of India’s largest public sector banks, offering a wide range of financial services to individuals, businesses, and institutions. Established in 1919, the bank has grown its presence across the country, providing services like savings and current accounts, loans, insurance, and digital banking solutions. Union Bank Share Price on…
On Wednesday, October 16, shares of the Bombay Stock Exchange (BSE), one of the oldest stock exchanges in Asia, dropped 7% during intraday trade to ₹4,419 a share. The stock saw a decrease after a downgrading by international broking Jefferies, which downgraded the stock from ‘hold’ to ‘underperform,’ citing an adverse risk-reward profile going forward….
Nestle India’s preview of Q2 results: On Thursday, October 17, 2024, Nestle India, the company that makes Maggi and KitKats, is scheduled to release its quarterly results for the July–September period (Q2FY25). The fast-moving consumer goods (FMCG) giant’s adjusted profit is predicted to rise by 7 to 8% to Rs 876 crore from Rs 805.5…
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…