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Officials say Israel has taken some steps to meet a US demand for more supplies to enter Gaza, but aid agencies say conditions have actually worsened. Continue Reading »
Stocks to Buy: Post steep corrections from beaten up bucket 14 key ideas by Jefferies include HAL, Coal India, Indigo, Godrej Consumer, PNB, Macrotech(Lodha), Cholamandalam Finance, Dabur, GMR Airports, Supreme Industries, IDFC First bank, KEI Industries, Mahanagar Gas and Honasa Consumer Continue Reading »
Kalyan Jewellers reported a net profit decline of 3.3% to ₹130 crore for the September quarter, affected by a ₹69 crore one-time loss. However, revenue increased 37.5% to ₹6,091.5 crore, and net profit for H1FY25 rose 10.6% to ₹308 crore. Continue Reading »
Rosmerta Digital Services IPO opens on November 18 and closes on November 21, with a price band of ₹140-147 per share. The company aims to raise ₹206.33 crore to finance various growth initiatives and has seen significant revenue and profit increases recently. Continue Reading »
The rise of SME IPOs in India signals investor interest in quick returns, but their high risk and volatility are concerning. Despite impressive listing-day gains, many SMEs lack solid fundamentals, prompting experts to recommend careful evaluation and a focus on well-managed companies. Continue Reading »
As inflation soars to a 14-month high, the Indian stock market faces turbulence with potential delays in interest rate cuts. Analysts emphasize the importance of earnings growth in Q3 to restore confidence amidst a backdrop of a strong US dollar and disappointing corporate results. Continue Reading »
The Nifty Midcap 100 dropped 2.23% today, falling 5.5% over the past five sessions and 11% from its late September high. The Nifty Smallcap 100 also fell 2.53%, declining 7.18% over five days and 10% from its September peak, pushing both indices into correction territory. Continue Reading »
Zinka Logistics IPO: Zinka Logistics Solutions Ltd's IPO opened today with a target of ₹1,115 crore. The offering has seen slow initial interest, featuring a fresh issuance and an OFS, with raised funds set for marketing and strengthening its financial base. Continue Reading »
Swiggy made its stock market debut on November 13, listing at ₹420, a 7.7% premium over its IPO price. The move is expected to benefit around 5,000 employees through ESOPs, with nearly 500 likely becoming crorepatis. Continue Reading »