UltraTech Cement has delivered a strong financial performance in the March quarter, but its stock could not hold ground. On Tuesday, share price of UltraTech Cement fell nearly 2, even as the company reported a 10% year-on-year jump in net profit to Rs 2,482 crore and a 13% rise in revenue to Rs 23,063 crore.
Go to Live UpdatesAther Energy IPO Day 1 Subscription Status Live Updates: The EV automobile player Ather Energy has launched its initial public offer, and bidding for it has started today, i.e April 28. The issue price is ranging between Rs 304 -321 per equity share, and the IPO is closing on April 30. The company is
Geopolitical developments between India and Pakistan, quarterly earnings and macro data will be the key drivers of stock markets in the holiday-shortened week, say analysts. Trading activity of foreign investors, who were sustained buyers in the Indian market last week, and global trends would also guide movement in the market, they said. Equity markets will
Gold is a ‘sleeping giant’. History shows that for years, if not decades, gold prices move in a narrow range, until suddenly spiking. Between October 2011 and October 2022, the gold price trended lower and remained in the $1,700 range. From November 2022, gold saw a golden run with the price jumping from $1,700 to
After a green start to the day, India’s stock market has taken a sharp downturn, with the Sensex plunging 1000 points or down 1.23% to 78,819.04 and the Nifty falling by 309.10 points or down 1.28% to 23,966.80. But the real drama is happening in the mid-cap and small-cap stocks, where investors are seeing deep
For the first time in history, gold crossed $3,500 and reached an all-time high level of $3,500.33. But since then, there has been selling pressure at higher levels, and the gold price is currently trading at $3,323. In India, the gold rate today is Rs 95,890 after having made an all-time high of Rs 98,713 in
The Havells India share is down a whopping 3% in an otherwise positive market. In fact, most analysts believe there is some amount of profit booking in the stock after the recent run-up in the share price. The share price of Havells India has rallied 13% in the past 30 days. Good news for investors-
Gold is on a record-breaking spree in 2025. Since the beginning of 2025, the price of gold has been setting new all-time highs, and is up by 23% so far this year. Over the last 1-year, gold has gained 50%. What is more interesting is that the price of gold has jumped 100% in less
Warren Buffett, the oracle of Omaha and Ravi from Delhi have something in common. They both were witness to what can be called a superpower. While Buffett used it deliberately, Ravi’s story reveals a powerful lesson for the impatient investors, who want to keep jumping from one investment to the other. Discover this superpower below…
Coal India (CIL) plans to supply 4500 MW of carbon-free energy in a phased manner to the upcoming green ammonia facilities of AM Green. It will be through a combination of solar and wind, whose capacities CIL aims to set up on a pan-India basis, AM Green said in a statement. A formal non-binding memorandum
The stock market feels a little shaky due to the India-Pakistan tension. As geopolitical tension simmer and market volatility keeps large corporations cautious, the mainboard IPO segment has gone silent. This week again, there is no new mainboard IPO opening. But the SME market is not hitting pause. Two new SME IPOs are opening for
As the July 31 deadline for filing Income Tax Returns (ITR) for the financial year 2024-25 approaches, experts are warning taxpayers to tread carefully and avoid common pitfalls that can lead to penalties, delayed refunds, or even scrutiny by the Income Tax Department. ALSO READIncome Tax Department notifies ITR forms 1, 2, 3, 4 and
As tensions between India and Pakistan escalate, major Indian IT and global consulting firms have issued advisories urging employees in sensitive regions to work from home (WFH) and avoid non-essential travel. According to a report by Moneycontrol, several companies including HCLTech, Deloitte, EY, Tech Mahindra, and KPMG have taken precautionary measures to safeguard employees amid
