HUDCO shares: HUDCO, a standout performer in the stock market, soared by 15% to hit an unprecedented high on Friday, signaling a remarkable one-year surge of 369%. This surge marks the sixth consecutive day of gains for HUDCO shares, propelled by optimistic sentiments regarding its business prospects after the government bestowed Navratna status upon the…
Bajaj Finance shares: Bajaj Finance, a non-bank finance lender, saw its shares drop approximately 8 percent in early trading on April 26 following the release of its Q4 earnings report, which revealed a decrease in net interest margin. The company experienced a 21 basis point erosion in net interest margin during the fourth quarter compared…
Cochin Shipyard shares: The year 2024 has been exceptionally positive for Cochin Shipyard shares. In the previous session, the stock reached its highest-ever value of Rs 1,376.90. At this level, the stock had surged over 100 percent year-to-date and 450 percent over the past twelve months. On Friday, the stock was last observed trading at…
Tech Mahindra Q4 results: Tech Mahindra experienced a significant decline in net profit for the quarter ending March 2024, with a 41% decrease compared to the same period in 2023. The net profit fell to Rs 664.2 crore in the last quarter, down from Rs 1125 crore in the March 2023 quarter. This decline resulted…
JNK India IPO, valued at Rs 650 crore, is scheduled to close on April 25th. By April 24th, the company had received subscriptions totaling 1.05 times its offering. The IPO, which commenced on April 23rd, has a price range of Rs 395 to Rs 415 per equity share. The offering consists of 7.6 million fresh…
Godrej Consumer shares: In morning trading on April 25, shares of Godrej Consumer Products Limited rose more than 1 percent to reach Rs 1,225, following an uptick in UBS’s target price. The increase in target price was attributed to the potential revenue boost from new products. The international brokerage, sticking with its ‘buy’ stance, upped…
Kotak Mahindra Bank shares plummeted by up to 10% in early Thursday trading, triggered by the Reserve Bank of India’s directive to halt the issuance of new credit cards and onboard new clients via digital channels. This decline represents the steepest single-day drop for the stock since March 23, 2020. Wednesday saw the RBI instruct…
Axis Bank stock: On the morning of April 24, Axis Bank shares rose by 0.5 percent as investors anticipated the announcement of the March quarter results. The third-largest private sector lender in India is projected to post a net profit of Rs 6,098 crore, contrasting with a loss of Rs 5,728 crore in the corresponding…
Nelco stock: Nelco, a satellite services firm, witnessed a 3.4 percent decline in its shares during early trading on April 24 on the NSE. This drop followed the company’s announcement of a 7 percent year-on-year rise in net profit for Q4FY24. By 11 am, the stock was being traded at Rs 778.95. In a regulatory…
Hatsun Agro Product shares: Hatsun Agro Products saw its shares surge by almost 14% to reach an intra-day peak, buoyed by robust earnings in Q4 FY24. In Q4 FY24, the company witnessed a significant surge in net profit, reaching Rs 52.16 crore, compared to Rs 25 crore in Q4 FY23. Additionally, its revenue from operations…
