Info Edge (India) on Wednesday announced that its board of directors approved a proposed split of its equity shares in the ratio of 1:5. The company disclosed this development in an exchange filing. Shares of Info Edge (India) rose 3% to Rs 7,938.9 on the BSE following the announcement, as investors welcomed the move aimed…
READ MOREITC Hotels was removed from 22 BSE indices before trading began on Wednesday, February 5. The company, which was spun off from ITC, had been temporarily included in the Sensex and other indices to facilitate portfolio rebalancing by passive funds. ITC Hotels began trading separately on 29 January. “As ITC Hotels did not hit the…
READ MORETitan shares tumbled by 2.4% to an intraday low of Rs 3,512.65 on the BSE after the consumer discretionary major reported a marginal dip (-0.6%) in its third quarter consolidated net profit to Rs 1,047 crore, even as the total income rose 25% YoY to Rs 17,723 crore. The profit before tax during the quarter…
READ MOREBharat Heavy Electricals Ltd (BHEL) shares rallied 4.5% to an intraday high of Rs 196.10 on BSE today, Jan 29, 2025 after the state-owned company reported a 123.5% year-on-year (YoY) jump in net profit to Rs 134.7 crore for the quarter ended December 31, 2024, driven by higher revenues. In the same quarter last year,…
READ MOREShares of Mahindra & Mahindra Financial Services (Mahindra Finance) slipped 3% to an intraday low of Rs 264.05 on the BSE today, January 29, after the company’s results seem to have disappointed the Street. The company reported a a 63% year-on-year (YoY) net profit in Q3FY25. The standalone net profit was reported at Rs 899…
READ MORESajjan Jindal-led JSW Energy’s share may remain in focus on Wednesday, January 29 after the company reported a 32% decline in its profit after tax (PAT) at Rs 157 crore on a year-on-year (YoY) basis. The company had reported a net profit of Rs 232 Crore in the same period last year. JSW Energy’s total…
READ MORESwiggy shares fell up to 9.55% to Rs 433.25 on BSE in the morning session on Tuesday after peer Zomato surprised investors by reporting a slowdown in the food delivery business. The Q3 miss led brokerages to downgrade Zomato shares as well as cut target prices. Zomato shares fell 11% to Rs 214 on BSE…
READ MOREWith the record date of Nava Ltd and Blue Cloud Softech Solutions on Monday, January 20, today becomes the last day to buy the shares of these companies in order to qualify for the stock splits announced by them. Shareholders who buy the stock at least one day before the ex-date are eligible for the…
READ MOREShares of Azad Engineering surged as much as 9.5% on Thursday to Rs 1,732.55 on the BSE after the company secured a Rs 960 crore supply deal with GE Vernova International LLC, USA, to deliver complex rotating and stationary airfoils for advanced gas turbine engines. The long-term supply agreement, valued at $112 million (approximately Rs…
READ MOREShares of Biocon Ltd climbed as much as 4.7% on Tuesday to Rs 382.05 on the BSE after brokerage firm HSBC upgraded its rating on the drugmaker to ‘buy’ from ‘reduce’ and significantly increased the target price to Rs 430, which implies a potential upside of 12.6% from the stock’s current levels. HSBC cited a…
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