Solar Industries Shares in Focus: Recorded Best Ever Quarterly Revenue in Q3FY25

Solar Industries India Ltd, a manufacturer of industrial explosives, announced its financial results for the third quarter of the fiscal year 2025. The company reported a 52% year-on-year increase in net profit, reaching ₹338 crore for the three months ending December 2024, up from ₹224 crore in the same period last year, driven by robust revenue growth.

Rising Order Book in Q3FY25

Revenue grew by 38%, reaching ₹1,973 crore compared to ₹1,429 crore in the previous year. EBITDA climbed 46% to ₹536 crore, up from ₹367 crore, while margins improved to 27.17% from 25.69%. The company’s order book, which includes contracts from Coal India Ltd (CIL), Singareni Collieries Co Ltd (SCCL), and the defence sector, now exceeds ₹7,100 crore.

Management Take on Q3FY25

Mr. Manish Nuwal addressed the dynamic market Solar Industries operates in, emphasizing the short-term impact and long-term intact nature of its core business. He shared, ” While domestic demand has been subdued due to the general & state elections in many parts and heavy monsoon season, our long-term growth trajectory remains robust, driven by our strategic diversification. Our international business has delivered exceptional third-quarter performance, grew 21% year-on-year and reached the best ever ₹758 crore in revenue.

He further added, “Solar Industries, India’s largest manufacturer of industrial explosives, is ideally positioned to capitalise on the sector’s rapid growth. The comprehensive product portfolio, spanning diverse applications, combined with a strong focus on innovation, including specialized explosives and technical mining services, solidifies our market position. This prominent position ensures continued success in the booming industrial explosives market, driven by global infrastructure development and expanding mining operations to meet rising energy needs.”

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in securities market are subject to market risks, read all the related documents carefully before investing.

India Surpasses China as World’s Largest Gold Consumer in 2024

In 2024, India’s jewellery consumption reached 563.4 tons, surpassing China’s 511.4 tons, solidifying India’s position as the world’s largest gold consumer in this sector. India’s total gold demand rose by 5% year-on-year, reaching 802.8 tons in 2024, up from 761 tons in 2023. This increase was driven by higher jewellery consumption and a significant rise in investment demand as buyers looked to take advantage of rising gold prices.

Decline in Gold Imports

Investment demand surged to 240 tons in 2024, compared to 185 tons in 2023, as retail buyers and investors sought to capitalise on the gold rally. Despite this, India’s gold imports decreased to 712.1 tons in 2024 from 744 tons in 2023, indicating a growing reliance on recycled gold and domestic supply.

Movement in Gold Prices

Gold prices soared by 28% in 2024 and have already increased by 11% in 2025, maintaining strong interest from investors who anticipate further price gains. The rally has been driven by geopolitical uncertainties, central bank purchases, and expectations of easing monetary policy, enhancing gold’s appeal as a hedge against inflation and currency fluctuations.

On February 5, 2025, gold prices hit an all-time high as China’s retaliatory tariffs on US imports raised trade war concerns, prompting increased demand for safe-haven assets. Amid ongoing trade tensions and market volatility, gold remains a key focus for traders and analysts.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Upcoming IPO: SEBI Approved ₹900 Crore Brigade Hotel Ventures IPO

The capital market regulator, the Securities and Exchange Board of India (SEBI) has given approval to Brigade Hotel Ventures Limited, the second-largest owner of chain-affiliated hotels and rooms in South India among major private hotel asset holders, to raise ₹900 crore via IPO

Brigade Hotel Ventures IPO Details

Brigade Hotel Ventures IPO includes the issuance of fresh Equity Shares with a face value of ₹10 each, amounting to a total of up to ₹900 crores.

Use of IPO Proceeds

The net proceeds from this upcoming IPO will be used for several key purposes, including the repayment or prepayment—either fully or partially—of certain outstanding borrowings by the company and its material subsidiary, SRP Prosperita Hotel Ventures Limited. Additionally, a portion of the funds will be used to acquire an undivided share of land from its parent, Brigade Enterprises.

The company also plans to pursue inorganic growth through potential acquisitions and other strategic initiatives, alongside funding general corporate purposes.

About Brigade Hotel Ventures Limited

A key player in the hospitality industry, Brigade Hotel Ventures specializes in the development and ownership of hotels in prime cities across South India. As a fully owned subsidiary of Brigade Enterprises Limited, one of India’s top real estate developers, the company is known for delivering exceptional hospitality experiences in a range of sectors.

Over the years, Brigade Hotel Ventures has successfully expanded its portfolio, increasing its total number of hotel rooms from 1,474 as of March 31, 2022, to 1,604, according to its Draft Red Herring Prospectus (DRHP).

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in securities market are subject to market risks, read all the related documents carefully before investing.

Upcoming IPOs in February 2025: Ajax Engineering, Hexaware Technologies and More

The Indian primary market or IPO market is set to witness extreme momentum as 7 companies to hit the mainboard and SME platform of the IPO market in the upcoming days in February 2025. Investing in Initial Public Offerings (IPOs) can offer several potential benefits for investors. One key advantage is the opportunity to get in on the ground floor of a company that is poised for growth. IPOs often represent businesses with significant potential, and investing early can lead to substantial gains if the company performs well in the stock market. In this blog, we will have a look at the upcoming IPOs in Feb 2025.

Mainboard IPO

Ajax Engineering Limited IPO

The Ajax Engineering IPO is a book-built issue worth ₹1,269.35 crores, consisting entirely of an offer for sale of 2.02 crore shares. The IPO opens for subscription on February 10, 2025, and closes on February 12, 2025. The allotment is expected to be finalized by Thursday, February 13, 2025. The shares will be listed on the BSE and NSE, with the tentative listing date set for Monday, February 17, 2025. The price band for the Ajax Engineering IPO is ₹599 to ₹629 per share.

Founded in July 1992, Ajax Engineering Limited manufactures a diverse range of concrete equipment and provides services across the entire value chain. As of September 30, 2024, the company has developed 141 variants of concrete equipment and has sold over 29,800 units in India over the past decade.

Hexaware Technologies Limited IPO

The Hexaware Technologies IPO is a book-built issue valued at ₹8,750.00 crores, consisting entirely of an offer for sale of 12.36 crore shares. The IPO opens for subscription on February 12, 2025, and closes on February 14, 2025. Allotment for the Hexaware Technologies IPO is expected to be finalized on Monday, February 17, 2025. The shares will be listed on BSE and NSE, with the tentative listing date set for Wednesday, February 19, 2025. The price band for the Hexaware Technologies IPO is ₹674 to ₹708 per share.

Founded in 1992, Hexaware Technologies Limited specializes in global digital and technology services, incorporating artificial intelligence to offer innovative solutions. The company leverages AI to help clients adapt, innovate, and thrive in an AI-driven world. With major offshore delivery centres in India (including Chennai, Pune, Bengaluru, and Noida) and Sri Lanka, the company plans to expand into Tier 2 cities and is looking to establish new centres in Ahmedabad.

SME IPO

Readymix Construction Machinery Limited IPO

The Readymix Construction IPO is a book-built issue valued at ₹37.66 crores, consisting entirely of a fresh issue of 30.62 lakh shares. The IPO opens for subscription on February 6, 2025, and closes on February 10, 2025. The allotment for the IPO is expected to be finalized on Tuesday, February 11, 2025. The shares will be listed on the NSE SME, with the tentative listing date set for Thursday, February 13, 2025.

Solarium Green Energy Limited IPO

The Solarium Green IPO is a book-built issue worth ₹105.04 crores, comprising entirely of a fresh issue of 55.00 lakh shares. The IPO opens for subscription on February 6, 2025, and closes on February 10, 2025. The allotment is expected to be finalized on Tuesday, February 11, 2025. The shares will be listed on the BSE SME, with the tentative listing date set for Thursday, February 13, 2025. The price band for the Solarium Green IPO is ₹181 to ₹191 per share.

Eleganz Interiors Limited IPO

The Eleganz Interiors IPO is a book-built issue valued at ₹78.07 crores, consisting entirely of a fresh issue of 60.05 lakh shares. The IPO opens for subscription on February 7, 2025, and closes on February 11, 2025. The allotment is expected to be finalized on Wednesday, February 12, 2025. The shares will be listed on the NSE SME, with the tentative listing date set for Friday, February 14, 2025. The price band for the Eleganz Interiors IPO is ₹123 to ₹130 per share.

Chandan Healthcare Limited IPO

The Chandan Healthcare IPO is a book-built issue valued at ₹107.36 crores. The issue comprises a fresh issue of 44.52 lakh shares worth ₹70.79 crores and an offer for sale of 23.00 lakh shares amounting to ₹36.57 crores. The IPO opens for subscription on February 10, 2025, and closes on February 12, 2025.

The allotment is expected to be finalized on Thursday, February 13, 2025. The shares will be listed on the NSE SME, with the tentative listing date set for Monday, February 17, 2025. The price band for the Chandan Healthcare IPO is ₹151 to ₹159 per share.

PS Raj Steels Limited IPO

The PS Raj Steels IPO is a book-built issue valued at ₹28.28 crores, consisting entirely of a fresh issue of 20.20 lakh shares. The IPO opens for subscription on February 12, 2025, and closes on February 14, 2025. The allotment is expected to be finalized on Monday, February 17, 2025. The shares will be listed on the NSE SME, with the tentative listing date set for Wednesday, February 19, 2025. The price band for the PS Raj Steels IPO is ₹132 to ₹140 per share.

Note: In addition to the companies mentioned above, there are other IPOs scheduled for February 2025, but details for those are not yet available.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in securities market are subject to market risks, read all the related documents carefully before investing.

GAIL India Set Feb 07 As Record Date For Interim Dividend

The state-owned integrated natural gas company GAIL India has set Feb 07, 2025, as the record date for its interim dividend for FY25. On January 30, 2025, GAIL India declared an interim dividend of ₹6.50. The company further stated that the interim dividend be paid within the statutory timelines.

GAIL India Record Date: What This Means For Shareholders?

As GAIL India has set Feb 07 as the record date for its interim dividend, meaning that Feb 06, marks the last to buy GAIL India shares to become eligible for the interim dividend. Further, any shares bought on or after Feb 07 (record date), won’t be eligible for the interim dividend.

GAIL India Operational Performance

During Q3FY25, the average natural gas transmission volume was 125.93 MMSCMD, compared to 130.63 MMSCMD in Q2 FY25. Gas marketing volume was 103.46 MMSCMD, up from 96.60 MMSCMD in the previous quarter. LHC sales reached 282 TMT, compared to 253 TMT, while polymer sales were 221 TMT, slightly down from 226 TMT in the previous quarter.

Shri Sandeep Kumar Gupta, Chairman & Managing Director, GAIL informed that in Q3 FY25, GAIL accounted for an exceptional income of US$ 285 million (₹2,440 crores) from SEFE Marketing & Trading Singapore Pte. Ltd as settlement towards the withdrawal of arbitration proceedings.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in securities market are subject to market risks, read all the related documents carefully before investing.

Sun Pharma Shares to Trade Ex-Date on February 06: Interim Dividend of ₹10.50

On February 06, 2025, Sun Pharma shares to trade ex-date, meaning that the shareholders registered in the company’s books will be eligible for the ₹10.50 interim dividend.

Sun Pharma Dividend History

Ex-Date Dividend Type Dividend Amount (₹)
July 12, 2024 Final 5.00
Feb 09, 2024 Interim 8.50
July 28, 2023 Final 4.00

Sun Pharma Business Segments Q3FY25 Highlight 

India Formulations: India’s formulation sales reached ₹43,004 million, reflecting a 13.8% growth compared to the same period last year, accounting for approximately 32% of total consolidated sales. For the first nine months, sales stood at ₹127,100 million, growing by 13.7%. Sun Pharma maintains its leadership as the No. 1 ranked company in the Indian pharmaceutical market, with a market share increase from 7.8% to 8.2%, according to the AIOCD AWACS MAT Dec-2024 report.

US Formulations: In the US, formulation sales were US$ 474 million in Q3FY25, a slight decrease of 0.7% year-on-year, contributing around 30% to the total consolidated sales. Over the first nine months, sales totalled US$ 1,457 million, marking a 5.7% growth. Sales in Emerging Markets (EM) reached US$ 277 million in Q3FY25, up by 10.1% compared to Q3 last year and accounting for 17% of consolidated sales.

API: External sales of Active Pharmaceutical Ingredients (API) in Q3FY25 amounted to ₹5,678 million, an increase of 21.8% over Q3 last year. For the first nine months, API sales were ₹15,962 million, growing by 6.2%. The API portfolio continues to support both the formulation business and customers globally.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Symphony Shares Tanked 8% After Release of Q3FY25 Result: Do You Own?

On February 5, 2025, Symphony shares dropped by as much as 8% and touched the day low of ₹1278.65 at 2:05 PM after opening at ₹1453.95. The fall in Symphony shares came after the release of its December quarter results.

Symphony Q3FY25 Financial Highlights

Symphony’s revenue for the quarter fell by 2% year-on-year to ₹242 crore, while its Earnings Before Interest, Tax, Depreciation, and Amortisation (EBITDA) decreased by 34% to ₹29 crore. The company reported a net loss of ₹10 crore for the quarter, compared to a net profit of ₹41 crore in the same quarter the previous year. The net loss was primarily due to a one-time ₹46 crore loss that pushed the company into the red. There were no exceptional items in the corresponding quarter last year.

Symphony made a provision of ₹46 crore for doubtful debts during the quarter, which it classified as an exceptional item. This provision relates to receivables from M/s Pathways Retail Pvt. Ltd. of Delhi, with the entire outstanding amount from this distributor now written off as doubtful debt. Excluding the exceptional item, Symphony’s net profit still declined by 44% year-on-year, dropping to ₹28 crore from ₹50 crore in the same period last year. Symphony’s EBITDA margin also contracted by over 500 basis points, falling from 17.8% in the same quarter last year to 12%.

Symphony Declared Dividend

The company also declared its third interim dividend of ₹2 per share, with the record date set for February 11.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Union Budget 2025-26: Empowering India’s MSME Sector for Future Growth

The Union Budget for 2025-26 has introduced a comprehensive set of measures designed to bolster India’s Micro, Small, and Medium Enterprises (MSMEs). Recognizing their pivotal role in driving economic growth, alongside sectors like agriculture, exports, and investment, the government has made substantial provisions to foster the growth of MSMEs. These initiatives aim to enhance efficiency, promote innovation, and improve competitiveness while ensuring that these enterprises remain at the heart of India’s economic expansion.

Strengthening MSME Foundations

In a significant move, the budget increases the investment and turnover limits for MSMEs by 2.5 and 2 times, respectively. This revision aims to support businesses in scaling their operations, boosting efficiency, and generating employment while also encouraging technological adoption. With enhanced access to resources and tools, MSMEs are expected to become more competitive both domestically and internationally.

Enhanced Access to Credit

One of the most impactful measures in the 2025-26 budget is the substantial increase in the credit guarantee cover for micro and small enterprises. The cover will be raised from ₹5 crore to ₹10 crore, unlocking an additional ₹1.5 lakh crore in credit over the next five years. Furthermore, startups will benefit from a doubling of their credit guarantee from ₹10 crore to ₹20 crore. With reduced loan fees of just 1% in 27 priority sectors, this move is expected to provide a significant boost to startups.

Additionally, micro enterprises registered on the Udyam portal will have access to a customized credit card scheme, offering up to ₹5 lakh in credit. The government plans to issue 10 lakh such cards in the first year alone, enhancing financial access for small businesses.

Fostering Entrepreneurship

The 2025-26 budget also places a strong emphasis on empowering first-time entrepreneurs, particularly women, Scheduled Caste (SC), and Scheduled Tribe (ST) individuals. A new ₹10,000 crore Fund of Funds will provide critical support to startups, while a special scheme offering term loans up to ₹2 crore will cater to 5 lakh entrepreneurs from disadvantaged backgrounds. This initiative builds on the success of the Stand-Up India scheme, reinforcing the government’s commitment to inclusive growth.

Labour-Intensive Sectors in Focus

The budget introduces several initiatives to support labour-intensive industries, which are key to job creation and regional development. For instance, the footwear and leather sector will benefit from a new Focus Product Scheme that will enhance design, component manufacturing, and non-leather footwear production. This initiative is expected to create 22 lakh new jobs and generate a turnover of ₹4 lakh crore.

Additionally, the toy sector will receive a boost through cluster development and skill-building initiatives aimed at positioning India as a global hub for toy manufacturing. A new National Institute of Food Technology, Entrepreneurship, and Management will be set up in Bihar to support the food processing industries in the eastern region of India, fostering regional economic growth.

Promoting Manufacturing and Clean Tech

The 2025-26 Union Budget further emphasizes the government’s vision of making India a global manufacturing hub. A National Manufacturing Mission will provide much-needed policy support and roadmaps for industries of all sizes under the “Make in India” initiative. Special attention will be given to clean tech manufacturing, encouraging domestic production of solar PV cells, electric vehicle (EV) batteries, wind turbines, and high-voltage transmission equipment.

The Current Landscape of MSMEs

India’s MSME sector is a cornerstone of the national economy, contributing significantly to employment, manufacturing, and exports. As of recent estimates, there are 5.93 crore registered MSMEs, providing employment to over 25 crore people. These enterprises play a critical role in India’s export sector, accounting for 45.73% of the country’s total exports in 2023-24.

Over the past few years, the MSME sector has shown remarkable resilience. Its contribution to India’s Gross Value Added (GVA) has been steadily rising, from 27.3% in 2020-21 to 30.1% in 2022-23, highlighting its growing importance in the country’s economic output.

Government Initiatives for MSMEs

The Indian government has rolled out several initiatives to support MSMEs, focusing on financial aid, capacity building, and market integration. The Udyam Registration Portal, PM Vishwakarma Scheme, PMEGP, SFURTI, and Public Procurement Policy for MSEs are some of the key programs designed to promote entrepreneurship, improve employment opportunities, and formalize informal sectors. These initiatives underline the government’s commitment to driving inclusive growth and empowering MSMEs across the country.

Conclusion

The Union Budget 2025-26 marks a significant step towards strengthening India’s MSME sector. By increasing credit access, supporting first-time entrepreneurs, and launching targeted initiatives for labour-intensive sectors, the government is setting the stage for a new wave of growth and innovation.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Torrent Power Released Q3FY25 Earnings: Declared Dividend of ₹14

Torrent Power Limited has announced its financial results for the quarter ending December 31, 2024, showcasing a solid performance across key metrics. The company reported a 2% increase in Revenue from Operations, reaching ₹6,499 Cr in Q3 FY 2024-25 compared to ₹6,366 Cr in the same quarter of the previous year.

The company’s strong revenue growth reflects the robust performance of its gas-based power plants, which contributed significantly to its financial results. Despite challenges faced by the renewable energy segment due to lower wind resources and reduced PLF (Plant Load Factor), Torrent Power’s diversified portfolio allowed it to maintain a positive trajectory in its financial performance.

Torrent Power Q3FY25 Performance

Torrent Power’s EBITDA for the quarter also saw a significant jump. The company recorded ₹1,284 Cr in Q3 FY 2024-25, up by 17% from ₹1,098 Cr in the same quarter last year. The year-to-date figure for EBITDA stood at ₹4,550 Cr, reflecting a 23% increase compared to ₹3,698 Cr in the first nine months of FY 2023-24. This growth is largely driven by improved operational efficiencies and higher contributions from its gas-based power plants.

The Total Comprehensive Income (TCI) for Torrent Power in Q3 FY 2024-25 surged by 33%, reaching ₹490 Cr, compared to ₹369 Cr in the corresponding quarter of the previous year. For the year-to-date period, TCI rose by an impressive 38%, amounting to ₹1,974 Cr compared to ₹1,434 Cr in YTD FY 2023-24. This increase can be attributed to various factors, including gains on the sale of non-current investments and the strong performance of the gas-based power plants.

Major Developments During the Quarter

Torrent Power made significant strides in its growth trajectory during the quarter, marking a series of key developments. The company completed a Qualified Institutions Placement (QIP), raising ₹3,500 Crores (approximately USD 413.20 million), its first-ever equity raise. The QIP saw an overwhelming response from both global and domestic investors, reinforcing strong investor confidence in the company’s prospects.

Additionally, Torrent Power executed an Energy Storage Facility Agreement with MSEDCL to develop and supply 2,000 MW / 16,000 MWh Pump Storage Hydro power, further expanding its renewable energy capabilities. To strengthen its position in solar energy, the company also commissioned a 300 MW Solar Power Project, backed by a Power Purchase Agreement (PPA) with its own distribution circle. These strategic initiatives underscore Torrent Power’s commitment to diversifying its energy portfolio and accelerating its growth in the renewable sector.

Torrent Power Dividend

Torrent Power declared an interim dividend of ₹ 14 per equity share and fixed February 12, 2025, as the record date.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Mid-Day Top Gainers and Losers on February 05, 2025: ITC Hotels and BPCL Led Gainers

On February 05, 2025, as of 12:20 PM, the BSE Sensex was down 0.23% at 78,399.45, while the Nifty 50 was up 0.04% at 23,749.05. The mid-day top gainers and losers for the day are:

Mid-Day Top Gainers 

Symbol Open High Low LTP %chng
ITCHOTELS 161.55 169 161.55 168 2.6
BPCL 260.25 265.65 260.25 262.1 2.4
APOLLOHOSP 6,826.15 6,998.30 6,796.45 6,950.95 2.34
HINDALCO 584.5 599.8 584.5 596.9 2.22
TRENT 5,765.70 5,906.20 5,745.00 5,869.35 2.07

ITC Hotels

ITC Hotels shares saw a 2.6% gain, rising from ₹161.55 to a high of ₹169, signaling strong positive momentum.

BPCL 

BPCL shares experienced a 2.4% increase, climbing from ₹260.25 to ₹265.65.

Apollo Hospitals

Apollo Hospitals shares gained 2.34%, with the stock reaching ₹6,998.30 from an opening of ₹6,826.15, showing sustained growth.

Hindalco 

Hindalco shares rose by 2.22%, hitting ₹599.8 after opening at ₹584.5.

Trent

Trent shares appreciated by 2.07%, touching ₹5,906.20 from ₹5,765.70, demonstrating positive sentiment.

Mid-Day Top Losers

Symbol Open High Low LTP %chng
ASIANPAINT 2,269.00 2,280.95 2,237.25 2,280.95 -3.12
TITAN 3,596.00 3,652.00 3,472.20 3,503.30 -2.62
NESTLEIND 2,283.80 2,297.90 2,225.25 2,240.05 -2.58
BAJAJFINSV 1,811.00 1,826.55 1,780.00 1,786.00 -1.5
SBIN 780 782 767.75 768.7 -1.35

Asian Paints

Asian Paints shares dropped by 3.12%, falling from an opening of ₹2,269.00 to a low of ₹2,237.25.

Titan

Titan shares declined by 2.62%, slipping from ₹3,596.00 to ₹3,472.20, indicating some profit-taking.

Nestle India

Nestle India shares saw a decrease of 2.58%, reaching a low of ₹2,225.25 from its opening of ₹2,283.80.

Bajaj Finserv

Bajaj Finserv shares fell by 1.5%, dropping from ₹1,811.00 to ₹1,780.00,.

SBI

State Bank of India shares decreased by 1.35%, dipping from ₹780 to ₹767.75.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.