Hero MotoCorp: The Maverick 440 was revealed by the company at its Centre of Innovation and Technology (CIT) in Jaipur Hero MotoCorp Limited shares rose by 3.15 percent to Rs 4,540 in afternoon trading on January 23 following the company’s announcement of launching two new bikes: the Xtreme 125R and a special collector’s edition named…
Stock Market Updates: Indian indices started trading higher on January 23; the Nifty closed above 21,700. With a gain of 581.06 points, or 0.81 percent, the Sensex closed at 72,004.71 points. Concurrently, the Nifty saw an increase of 170.10 points, or 0.79 percent, to end at 21,741.90. Of the stocks that were listed, 1953 had…
Union Bank made Rs 3,590 crore in profit in Q3 of FY24. For the quarter under review, gross non-performing assets (NPA) were 4.83 percent. Union Bank of India Ltd.’s shares surged strongly in Saturday’s special trading to reach their one-year peak following the lender’s announcement of an increase in third-quarter net profit (Q3 FY24). At…
Madhabi Puri Buch, the chairwoman of the Securities and Exchange Board of India (Sebi), announced on Friday that the agency is looking into three examples of purported exaggeration in the number of initial public offers (IPO) subscriptions. At an Association of Investment Bankers of India conclave, the head of Sebi announced that the regulator will…
In contrast to the previous closing on the BSE of Rs 983.75, IRCTC shares increased 4.68% on Saturday to reach a high of Rs 1029.85. At Rs 998.85, the railway stock opened higher. In early trade today, shares of Indian Railway Catering and Tourism Corporation (IRCTC) hit their 52-week high and crossed the Rs 1,000…
Reliance Q3 results: Nomura India forecasts O2C Ebitda of Rs 14,000 crore, a 14% decrease quarter on quarter, driven by a drop in refining margins to $10 per barrel from $12 per barrel in Q2FY24, as well as the current downturn in petchem. Nomura India has issued a note on the oil and gas sector,…
HUL Q3 results: Due to weak demand trends and the lack of a discernible increase in festive demand, analysts predicted that profit and revenue growth would be zero and that revenue could actually decline annually. Hindustan Unilever Ltd (HUL) is scheduled to release a mediocre set of quarterly earnings later today. Profit growth is anticipated…
Following a three-day decline, Sensex and Nifty experienced a notable surge on Friday. The BSE Sensex and NSE Nifty began higher, gaining more than 600 points and 170 points, respectively, after three days of continuous declines. As of 9:16 a.m. IST, the S&P BSE Sensex increased 0.79% to 71,767.14%, while the blue-chip NSE Nifty 50…
Australian Premium Solar shares created a splash on the stock market on Thursday when they were listed on NSE SME for ₹140 a share, which is 159.2% more than the issue price of ₹54. Following the listing, Australian Premium Solar shares continued to surge, hitting the 5% upper circuit and locking at ₹147. There was…
New Swan Multitech IPO Listing: On Thursday, the company’s shares had an incredible debut on the stock market when they were listed at a premium of 90% over the IPO price. The opening price of New Swan Multitech shares was ₹125.40, while the issue price on the BSE SME was ₹66. Shares of New Swan…
