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This multi-bagger PSU Defence Stock is down 25% from its highs – What’s the trigger?

Mazagon Dock Shipyards fell as much as 6.2% to an intra-day low of Rs 4,375.35 ahead of the board meeting for declaring Q2 results. The stock has fallen 25% from an all-time high of Rs 5,860.  Recently, the company announced that its Board of Directors will meet to consider an interim dividend for FY25 and

Ola Electric shares surge over 4% after resolving 99.1% complaints from Consumer Protection forum

Ola Electric Mobility’s share price rose over 4% in early trade on Tuesday after the company announced that it had resolved most complaints received from the Central Consumer Protection Authority (CCPA). The stock spiked as much as 4.45%, reaching a high of ₹85.30 on the Bombay Stock Exchange (BSE). Resolution of Complaints The electric two-wheeler

Share Samadhan jumps 20% in two days after securing Rs 1,240 Crore consulting contract

Shares of Share Samadhan Limited rose over 3%, reaching an intra-day high of Rs 77.22 on the BSE after the company announced that it secured a contract for litigation funding consulting related to emerging claims, including damages estimated at approximately Rs 1,240 crore. The engagement will operate on a success-fee basis, with final fees tied

Ambuja Cements to acquire Orient Cement, valued at Rs 8,100 Crore with 12% premium

Ambuja Cements, part of the Adani Group, has announced its acquisition of a controlling stake in Orient Cement Ltd. for an equity value of Rs 8,100 crore. The deal was disclosed in an exchange filing on Tuesday, October 22, and is expected to significantly boost Ambuja’s cement capacity and market share in India. Deal Structure

Hyundai Motor India makes disappointing debut, lists at 1.3% discount on NSE

Hyundai Motor India was listed at a price of Rs 1,934 on the National Stock Exchange, a discount of 1.3% to the issue price. The company was listed at Rs 1931 on BSE, a discount of 1.48%. Hyundai India IPO GMP The company’s shares were attracting a premium of 2.4% in the grey market, indicating

Bajaj Housing Finance Share Price Today Live Updates, 22 Oct, 2024: Bajaj Housing Finance on the radar

Go to Live UpdatesBajaj Housing Finance Share Price Today Live Updates, 22 Oct, 2024: The Bajaj Housing Finance share is in news and the counter closed trade on 21 Oct, 2024 at Rs 136.55. The shares touched intraday high of Rs 141.90 in the last trading session while the intraday low was at Rs 136.05.

Petrol, Diesel Price Today 22 October 2024 in Bangalore, Shimla, New Delhi and Nashik

Petrol, Diesel Price Today 22 October 2024: Oil prices dropped on Tuesday, the decline reason has been cited as US diplomatic efforts to secure a ceasefire in the Middle East. Another reason is due to low demand from China which is the largest oil importer. As per the latest report, Brent crude futures for December

UltraTech Cement shares gains over 1% despite 36% fall in Q2 net profit; What’s the recommendation from brokerages?

Shares of UltraTech Cement gains over 1% to hit intra-day high of Rs 11,080 on NS today after the company, India’s largest cement manufacturer, reported a 36% drop in net profit for the September quarter (Q2 FY25), driven by lower revenue from operations. UltraTech Cement’s Q2FY25 Performance The cement manufacturer reported a 35.5% year-on-year (YoY)
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Adani Ports records highest ever cargo volume at 41.5 MMT in March, posts 9% YoY growth

Adani Ports And Special Economic Zone Ltd (APSEZ) on Wednesday released its business update for the month of March wherein it announced that the company has handled 41.5 MMT cargo volume during the period. This, it added, was up 9 per cent on a year-on-year basis and is also the highest  ever cargo volume posted

HDFC Bank, SBI Cards and ICICI Bank are HSBC Global’s top credit card stock picks. Here’s why

The brokerage firm HSBC Global Research has identified three leading credit car providers, HDFC Bank, SBI Cards, and ICICI Bank as the frontrunners and its top picks from this segment. According to the brokerage, with a strong grip on market share and steady growth in card spending, these financial giants continue to dominate, while smaller

Swiggy shares fall 1% after receiving Income tax notice for Rs 158 crore

Swiggy’s share price opened Wednesday’s trade 1% lower at Rs 328.80 but soon surged to trade in the green. It was up 1.3% at Rs 336.45. On April 01, The company received a tax order of Rs 158 crore after the stock markets closed. The order from the Income Tax Department, Central Circle, Bangalore alleged

Markets resilient: Sensex jumps 500 points, Nifty around 23,300; all eyes on Trump Tariff

Indian equity indices opened Wednesday’s trading session on a higher note, taking note from Asian and US markets. The NSE Nifty 50 opened 45 points, or 0.19%, higher at 23,210, while the BSE Sensex rose 177 points, or 0.23%, to open at 76,201.  Bank Nifty opened 230 points or 0.45% higher at 51,037.85. The Nifty

Dividends payout alert: MSTC, RailTel, ADC India set April 2 deadline, over Rs 30 up for grabs

Who doesn’t love some extra cash boost? If you are an investor looking for dividend opportunities, three companies – ADC India Communications, MSTC, and RailTel Corporation have set today, April 2, as the record date for their interim payouts. With a combined total of Rs 30.5 per share up for grabs, here is a detailed