The share price of Hindustan Unilever (HUL) fell more than 5% on Thursday as a result of the company’s disappointing Q2 earnings. On the BSE, HUL’s stock fell as much as 5.78% to ₹2,504.15 per share. Compared to ₹2,717 crore during the same period last year, FMCG giant Hindustan Unilever reported a 4% decline in … Read more
The share price of Hindalco Industries, which has been declining since Monday, fell more than 7% on Thursday due to selling pressure. Before reversing part of its losses, the stock fell as much as 7.1% to a low of Rs 666.80, having opened at Rs 716.95, marginally lower than its previous close of Rs 717.45. … Read more
The announcement of the October 28, 2024, board meeting date to consider and approve the ₹5000 crore financing plan sparked a lot of buying activity in Adani Power shares during Thursday morning exchanges. After starting the day flat, the price of Adani Power’s shares soon caught the attention of bulls, rising more than 3% from … Read more
The announcement on Monday that Garden Reach Shipbuilders & Engineers had secured a Letter of Intent (LoI) for an order valued at around ₹491 crore from the Ministry of Defence resulted in a nearly 3% increase in the company’s share price. The share price of Garden Reach Shipbuilders reached an intraday high of ₹1,870 and … Read more
TVS Motor Co.’s shares were up more than 3% to Rs 2,649, despite the Chennai-based two-wheeler’s second-quarter results falling short of street forecasts. The reason for this is that brokerages have issued positive calls on the counter, predicting strong growth levers for the upcoming quarters. TVS Motor recorded its highest-ever operating revenue of Rs 9,228 … Read more
PTC Industries Ltd. stated on Saturday, October 19, that it has executed a Share Purchase Agreement (SPA) to acquire all of the shares of Trac Precision Solutions Ltd. (TSPL). PTC Industries will purchase TSPL, its ultimate holding firm, Trac Holdings Ltd., and three other non-operating entities, Broomco (4266) Ltd. and Trac Group Ltd., as per … Read more
Tejas Networks’ shares, which manufacture telecom equipment, increased by much to 20% to reach the upper circuit at Rs 1,427.55 a share. Tejas Networks’ share price increased following the release of impressive statistics for the September quarter of its fiscal year 2025 (Q2FY25). In Q2FY25, the company’s consolidated revenue from operations increased six times to … Read more
The equity shares of Hyundai Motor India Ltd. will be launched on stock exchanges today, marking the company’s debut on the Indian stock market. Due to the lackluster demand, today, October 22, has been set as the day for Hyundai’s initial public offering. The share price of Hyundai Motors Will be listed on the BSE … Read more
On Monday, October 21, Kotak Mahindra Bank’s shares fell more than 5% following the lender’s release of erratic second-quarter results. The price target for Kotak Mahindra Bank shares is ₹2,286 per share, according to global brokerage company Goldman Sachs, which has a “Buy” rating. Lower fees, greater loan losses, and slower loan growth were the … Read more
Tech Mahindra’s shares jumped 4% during the intraday session to reach a 52-week high of Rs 1,761.30. The business announced a 153.1% YoY increase in sales to Rs 1,250 crore for the second quarter, while revenue increased by 3.5% YoY to Rs 13,313 crore. Profit and revenue increased sequentially by 46.81% and 2.36%, respectively. The … Read more
