On February 5, 2025, the Indian stock market benchmark index BSE and the Nifty closed in the red. The BSE Sensex was down by 0.40% closing at 78,271.28, while the Nifty50 was down by 0.18% at 23,696.30. Among sectors, the Nifty FMCG and Nifty Realty indices saw a fall of more than 1.5%. Top Gainers …
Anant Raj Limited has been in focus on Monday post the announcement of the financial results for the quarter-ended December 31, 2024. On February 3, 2025, Anant Raj share price (NSE: ANANTRAJ) opened at ₹635.00, down from its previous close of ₹638.40. At 10:54 AM, the share price of Anant Raj was trading at ₹595.95, down by …
In the dynamic world of the stock market, short-term investments can offer opportunities, especially for those looking to capitalise on market fluctuations. This approach focuses on buying and selling stocks within a short period. In this article, check the best short-term stocks in February 2025, based on the 1-yr returns and also learn the benefits …
Hero MotoCorp received two orders from Rajasthan’s CGST authorities, the larger demand imposing a substantial penalty related to the alleged misclassification of supplied parts and accessories leading to a dispute over applicable tax rates. GST Demand Notices Issued to Hero MotoCorp Hero MotoCorp has received two tax demand orders from the Additional Commissioner of Central …
NLC India Limited, a Navratna public sector enterprise, has successfully acquired its third commercial coal mine, the New Patrapara South Coal Mine in Angul, Odisha. This achievement follows a competitive e-auction process conducted by the Ministry of Coal. The official vesting order was issued on February 4, 2025, marking a significant milestone in the company’s …
Jammu and Kashmir Bank witnessed a decline in its share price during Wednesday’s trading session following the receipt of a significant ₹16,000 crore GST demand. The notice, issued by the Joint Commissioner of Central GST Commissionerate, Jammu, includes both tax liability and a penalty amount. Market Reaction to the GST Notice The bank has received …
JTL Industries Limited has secured a significant order from the Public Health Engineering (PHE) Department, Jammu, for the supply of 3,000 metric tonnes of galvanised iron (GI) pipes. The order, valued at ₹24 crore, is a part of the Jal Jeevan Mission (JJM)—India’s ambitious initiative to provide tap water to every rural household. The supply …
India’s industrial equipment maker, Thermax Ltd, reported a consolidated net profit plunged 51% to ₹116 crore ($13.33 million) in Q3 FY24, compared to ₹238 crore in the same period last year. However, the previous year’s figure included a one-time gain of ₹126 crore from the sale of a plot of land, making the decline in …
The home appliances manufacturer’s net profit surged to ₹44 crore, compared to ₹28 crore in the same quarter last year. However, despite the profit increase, the company’s EBITDA (earnings before interest, tax, depreciation, and amortisation) saw moderate growth rising to ₹69.3 crore from ₹62.8 crore in Q3 FY24. Margins remained unchanged at 4.1% year-on-year. Revenue …
Muthoot FinCorp announced the opening of subscriptions for its latest Tranche IV secured, redeemable non-convertible debentures (NCDs) on February 4, targeting to raise up to ₹400 crore. The offering provides investors with an effective annual yield ranging from 9.38% to 10.10%, with tenure options between 18 and 72 months. Fundraising Structure and Purpose The Tranche …
