Axis Bank’s share price fell over 5 percent to 52-week Low intraday on Friday, January 17, because its Q3FY25 earnings were not up to market expectations. Private sector lender bank said on the earnings front; the company posted a ₹ 6,304 crore net profit, a 3.83 percent YoY rise from ₹6,071 crores in the same … Read more
Indian benchmark indexes ended lower on Friday as IT firm Infosys and private bank Axis Bank both declined after their earnings. The Nifty 50 fell 0.35% to 23,229.1 points as of 10:05 a.m. IST; the BSE Sensex declined 0.45% to 76,699.08. Axis Bank Ltd. sank 5.2% as the lender’s quarterly net income fell short of … Read more
Sat Kartar Shopping opened well on Friday, January 17, at NSE SME at ₹153.90 a share, thus a 90% premium to its issue price of ₹81. The SME IPO of Sat Kartar Shopping was worth ₹33.80 crore and was launched between 10 January and 14 January. The price band of the IPO was ₹77 to … Read more
Asian stocks slipped in early trading after US shares struggled to gain traction as traders prepared for a swath of Chinese data scheduled Friday, including fourth-quarter growth. Shares in Japan fell as the yen largely held onto gains from earlier in the week, while those in Australia fluctuated, weighed by Rio Tinto Group following a … Read more
Shares of a couple of companies, including IT majors Tata Consultancy Services Ltd (TCS) and HCL Technologies Ltd, would turn ex-date for dividend today. Two stocks, namely Jai Balaji Industries Ltd and Arunjyoti Bio Ventures Ltd, would turn ex-date for stock split today. Another two, namely Kitex Garments and Sattva Sukun Lifecare Ltd, would turn … Read more
L&T Technology Services Ltd declared its Q3FY25 earnings on Wednesday 15 th January, for the India and Global geographical segments in the consolidated level of the net profit for the period of the financial year 2024-25 and registered almost about four percent de-growth at ₹ 322.4 crore of Q3FY25 from ₹ 336.2 crore for the … Read more
Ayurvedic and wellness products seller Sat Kartar Shopping Ltd is expected to finalize the share allotment status for its initial public offer on Wednesday, January 15. The company’s ₹33.80-crore IPO closed successfully on Tuesday, January 14, with an overall subscription of more than 332 times. On the final day, the Sat Kartar Shopping IPO garnered … Read more
Shares of Nazara Technologies, a leading diversified gaming and sports media company, climbed 4% in intraday trade on Wednesday, January 15, to ₹938. Notably, the stock recovered 6% from the day’s low after the company announced that its subsidiary, Fusebox Games, partnered with Banijay Rights to bring Bigg Boss to the world of interactive gaming. … Read more
The stock market in India has had an upturn and has been in the green zone for the third consecutive day now; the Sensex and the Nifty50 both opened in the green zone this Thursday. But this uptick could however be due with the recent formations of the US core inflation for the month of … Read more
Shares of one of the fastest-growing mobile payment applications, Paytm’s parent company, One97 Communications, rose up to 8 percent on Thursday to Rs 926.95 on the BSE. The appreciation in the stock price came a day after brokers Emkay Global assigned a ‘buy’ rating to the stock from an earlier ‘add’, with a target of … Read more