Zomato: Zomato’s share price hit a record high of ₹278.45 on Friday, August 2, following the release of the company’s Q1FY25 results. The shares opened at ₹244 each on the BSE, marking a 5% increase. Zomato’s Q1FY25 net profit increased to ₹253 crore from ₹2 crore in Q1FY24, owing to increasing gross order value in…
Zomato Shares Reach New Highs Zomato shares rose 2% on Thursday, reaching a record 52-week high of Rs 234 per share and a total market valuation of Rs 2.05 lakh billion. The stock’s value has increased thrice since its 52-week low. Zomato, a food delivery company, is slated to disclose its quarterly results for the…
Stock Market Today: Tata Motors’ share price has risen by 46.6% so far in 2024. Strong passenger vehicle growth, a stable commercial vehicle outlook despite hurdles, an emphasis on electric vehicles, and JLR expectations have all contributed to the surge in Tata Motors’ share price. However, investors remain apprehensive ahead of Q1 earnings, with Tata…
Mahindra & Mahindra (M&M) recorded a standalone net profit of ₹2,612.63 crore for the first quarter of FY25, a 5.3% decrease from ₹2,759.43 crore in the previous year period. In Q1FY25, M&M’s revenue from operations grew by 12% to ₹27,038.79 crore from ₹24,137.19 crore year on year. The automaker increased market share and expanded margins…
The stock market today: Tata Steel’s price has climbed about 18% year to date, reflecting the country’s strong steel demand, and is trading at all-time highs. Tata Steel’s share price stays in focus as it reports its April-June 2024 quarter results today. Tata Steel’s share price was trading in the green, up roughly 0.2% in…
Paytm share price today: The stock rose 4.01% to Rs 513 on the BSE, up from the previous close of Rs 493.20. The market capitalization of Paytm has risen to Rs 31,982 crore. The stock’s performance: Paytm shares increased 4.01% to Rs 513 on the BSE, from Rs 493.20 at the previous closing. The firm’s…
Tata Motors Limited is an Indian multinational automaker that is a member of the Tata Group. Here’s an extensive overview: Overview Established: 1945. Headquarters are located in Mumbai, India. Automotive Industry Vehicles include passenger cars, commercial trucks, electric cars, and luxury cars. Tata, Jaguar Land Rover (JLR), Tata Daewoo, and other brands. Important Segments Passenger…
Stock Market Today: The share price of Punjab National Bank (PNB) increased by more than 6% in early morning trades on Monday following the release of Q1 earnings over the weekend. The share price of Punjab National Bank (PNB) opened at ₹124.86 on the NSE, about 4% higher than the previous closing of ₹119.95 on…
Stocks to buy today: The IDFC First share price experienced considerable profit booking in the early morning session on Monday. IDFC First Bank’s share price fell from ₹73.69 to ₹73.05 on the NSE shortly after the market began. On Saturday, the private bank announced its first-quarter 2024 results, and IDFC First shares flew under the…
The Securities and Exchange Board of India (Sebi), India’s market regulator, issued an order on Friday prohibiting fugitive businessman Vijay Mallya from participating in the securities market for three years. The action stems from revelations that Mallya used sophisticated operations to conceal his identity when transferring funds to the Indian stock market. According to Anitha…
