As per reports, The government has approved a stake sale plan for 5 state-run banks, involving a Qualified Institutional Placement (QIP) worth ₹2,000 crore each. This plan aims to enhance the financial position of these lenders while reducing the government’s stake. QIP and Shareholding Impact The banks included in the plan are the Bank of …
On January 15, 2025, Waaree Renewables share price extended the gains for the 2nd straight day with a rise of ~10% in the morning trade and touched the day high of ₹1,297.95 at 10:35 AM after opening at ₹1,158.30 on BSE. The gain in Waaree Renewables share price follows the previous day’s gain of ~18%. With these …
HDFC Asset Management Company Limited (HDFC AMC) has announced its financial results for the quarter ended December 31, 2024. Post the announcement, on January 15, 2025, HDFC AMC share price opened at ₹3,901.85, up from its previous close of ₹3,865.05. At 10:07 AM, the share price of HDFC AMC was trading at ₹4,056.70, up by 4.96% on …
On January 15, 2024, Adani Green Energy shares rose ~4% and touched the day high of ₹1,080.00 at 11:30 AM. The gain in Adani Green Energy shares came after the company released its provisional update for the nine months ended December 31, 2025. Furthermore, the increase in Adani Green Energy shares follows the previous day’s gain of …
IDBI Bank Ltd has been in focus on Wednesday. On January 15, 2025, IDBI share price opened at ₹74.90, down from its previous close of ₹77.90. At 10:56 AM, the share price of IDBI was trading at ₹72.95, down by 6.35% on the NSE. Notably, the stock price touched its 52-week low recently on January 13, 2025, …
NBCC has been awarded a ₹405.08 crore work order for various construction projects. With this, the company’s consolidated order book now surpasses ₹1 lakh crore, marking a significant achievement, the company said in a press release on the stock exchanges. Order Details These projects include planning, designing, and executing the construction of a ‘Centre for …
Quadrant Future Tek’s share price surged 15.63%, trading at ₹513.40 at 11:30 AM on the BSE, after opening at ₹480.05, up from the previous close of ₹444. The stock reached an early high of ₹532.80 before cooling off to ₹474. Following a strong market debut on Tuesday, the stock has gained 85% from its issue price …
Vedanta Group’s Hindustan Zinc Ltd (HZL) has found itself in a tax dispute, with penalties amounting to ₹92.55 crore levied by the Deputy Commissioner of State Tax, Udaipur. The case revolves around input tax credit claims under Section 17(5) of the GST law for two financial years 2018-19 and 2019-20. What Happened? The penalties are …
Power Finance Corporation’s share price rose by 2.37%, trading at ₹427.30 on the NSE at 10:00 AM. The stock opened at ₹424.30, up from its previous close of ₹417.30. It surged over 7% in yesterday’s session, ending a six-day losing streak. Shares Rise on KSK Mahanadi Insolvency Resolution As per news reports shares of PFC jumped …
L&T Technology Services is set to release its third-quarter results for fiscal 2025 today. As per news reports, L&T Technology is expected to report a 3% year-on-year drop in net profit, while revenues may see a 10% YoY growth in the third quarter. L&T Technology Q3 Earnings Preview As per news reports, L&T Technology is …
