Tata Consumer Products shares tumbled almost 10% to an intra-day low of Rs 986.35. The stock fell a day after it reported weak Q2 FY25 earnings numbers. The company reported a net profit of Rs 359.3 crore in the second quarter of FY25 Vs Rs 338 crore posted in the same quarter last fiscal. The company’s revenue
Deepak Builders and Engineers IPO was fully booked within two hours of the launch, which was primarily driven by the retail investors, subscribing the issue 1.7 times. The non-institutional investors booked the issue 0.69 times while the qualitative institutional booked the issue zero times. The company received bids worth Rs 181.92 crore from investors. The
Go to Live UpdatesWaaree Energies ipo Live: The initial public offering (IPO) of Waaree Energies has officially opened for subscription today, featuring a fresh equity sale of Rs 3,600 crore alongside an offer for sale (OFS) of 48 lakh shares. The subscription period will run until October 23. Prior to the opening, the company successfully
Multi Commodity Exchange rose 1.8% to hit a fresh 52-week high of Rs 6,680 a day after the commodity major swung into black. The company reported a net profit of Rs 153.6 crore in the second quarter of the current financial year compared to a loss of Rs 19.1 crore in the same quarter a
By Ajit Mishra The markets remained under pressure for the third consecutive week, losing nearly half a percent as the corrective phase continued. While the benchmark indices initially showed signs of recovery, persistent selling by FIIs and a lackluster start to the earnings season weighed on sentiment, turning the bias negative. A recovery in banking
By Ravi Singh Nifty October futures are currently trading at a 75-point premium. We have seen a decent bounce of around 500 points after making a low of around 24,750 zone. We have seen a further downfall in the FII long ratio which is now at 35%. Furthermore, we have seen a sharp sell-off by
By Subash Gangadharan The daily timeframe indicates that Nifty is now stuck in a range between the 24900-25235 levels for the last one week. A close below this range could see the Nifty moving down towards the 20-week SMA at 24663. The momentum readings like the 14-day RSI are in decline mode which increases the
The National Stock Exchange (NSE) and BSE will hold their annual Diwali Muhurat trading session on Friday, November 1, from 6:00 PM to 7:00 PM, marking the beginning of the Hindu calendar year, Samvat 2081. While the stock market will be closed for trading on Diwali, the special one-hour Muhurat trading session will be open
India’s gig economy is poised for a major leap in 2025, with the hiring of gig workers in the quick commerce sector projected to rise by an unprecedented 60% compared to 2024, according to industry experts. The surge comes as leading e-commerce players like Amazon, Flipkart, and Myntra enter the quick commerce space, while existing
With key economic data releases on the horizon and corporate earnings in focus, investors are actively tracking stock movements across sectors to make informed decisions and navigate market trends. As indicated by GIFT Nifty, Indian equity indices BSE Sensex and NSE Nifty 50 are likely to open higher on Tuesday, January 7. Here’s a look
Investment by the Union government agencies and the central public sector enterprises (CPSEs) fell 10% on year to Rs 4.41 lakh crore in April-November of the current financial year as Railways and National Highways Authority of India (NHAI) were yet to regain the capex pace after election-induced slowdown. Railways and NHAI’s investments are largely funded
Power transmission developer Sterlite Grid 32 Ltd (SGL32) on Monday announced securing Rs 2,450 crore through listed non-convertible debentures (NCDs) to refinance its Mumbai Urja Marg Ltd project. The funds for refinancing were raised from the National Bank for Financing Infrastructure and Development (NaBFID) and India Infrastructure Finance Company Limited (IIFCL). This is the first
Mumbai-based real estate developer Macrotech Developers (also known as Lodha Group) on Monday said it has achieved best ever quarter pre-sales of Rs 4,510 crore, showing 32% YoY growth in Q3FY25. With this, it has achieved pre-sales of Rs 12820 crore in 9mFY25 showing 25% YoY growth. Also ReadJockey India licensee Page Industries appoints Karthik
