Despite mixed trends in the metal sector, one standout stock from the same industry rallied more than 21% in the current week, backed by unprecedented trading volumes of nearly 150 million shares, following the breakout of a consolidation pattern on weekly charts. Hindustan Copper Ltd. is involved in the exploration, exploitation, and mining of copper …
After a low day yesterday, the bulls of the stock market were ready for a run. Today, both the Sensex and Nifty have rebounded, registering gains of 0.71% and 0.68%, respectively. On Friday, the shares of SJVN Limited soared by 0.21%, this traction was garnered as a result of the new MOU. The Company has …
The benchmark index S&P BSE 500 opened today at 26,711.68 and made its day high at 26,813.68 and it is trading in green, up by around 0.70%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 7% today. …
The Securities and Exchange Board of India has decided to put the proposed initial public offering of National Securities Depository Ltd (NSDL) on hold. On Thursday, the market regulator SEBI announced that they have put the “issuance of observations” regarding the NSDL IPO on abeyance. Generally, when there is probable cause for investigation against the …
On Thursday, Zomato, the food delivery platform, disclosed its Q1 earnings for FY24. The company achieved a net profit of Rs 2 crore, a significant improvement from the Rs 186 crore loss in the same period last year. In FY24 during the first quarter, the consolidated revenue from operations stood at Rs 2,416 crore, a …
Adani Enterprises reported a 32.59% increase in net profit for the quarter ended June 30, 2023, to Rs 587.28 crore, compared to Rs 442.94 crore for the same quarter the previous year. However, the company’s overall income fell by 43.29% to Rs 11,649.65 crore in Q1FY24, compared to Rs 20,541.64 crore in the previous year’s …
At 10 am, the shares of Firstsource Solutions were trading at Rs 149.65, up by 3.96% from its previous closing of Rs 143.95 on the BSE. Firstsource Solutions has launched its new AI platform – FirstSenseAI – that enables companies to capture real-time customer data and use it to power intelligent, personalized interactions with instant …
Dabur India, a prominent Fast-Moving Consumer Goods (FMCG) company, experienced a significant 11% rise in its consolidated revenue in Q1 FY24, reaching Rs 3,130 crore, compared to Rs 2,822 crore in the same period of the previous year. During the quarter, the company’s operating profit experienced a remarkable 11.4% growth, amounting to Rs 605 crore, …
Today the D-street had a cautious start as both Sensex and Nifty traded marginally lower by 0.04% each. However, as the day unfolded, the market sentiment worsened, and the indices closed on a lower note with Sensex declining by 0.82% and Nifty falling by 0.74%. Navigating its way through the dampened market, the shares of …
The shares of Prakash Pipes Limited experienced a sharp rise today. The stock opened at Rs 194.25, which was 2.25% higher than the previous day’s closing price of Rs 189.95. During the intraday session, the stock surged by approximately 20% with significant trading volume. Upon analysing today’s share volumes, it is evident that there has …
