On June 26, Sobha's shares fell by over 3% following a block deal involving 47.4 lakh shares, or 5% of its equity. The transaction, worth ₹865 crore, was conducted at an average price of ₹1,825 per share, marking a 2% discount from the previous c

After five consecutive trading sessions of decline, the bulls regained control as the benchmark indices traded positively, buoyed by a significant rally in the metal and pharma sectors. Around 9:20 am IST, the Sensex saw a rise of 0.17% to 80,177,

Tech Mahindra shares dropped over 4% on July 26, as brokerages took a cautious 'wait-and-watch' stance to see how the company's execution strategy will develop. Both Nomura and UBS highlighted execution risks as a significant concern. Additionally, t

Shares of SJVN Ltd., a state-owned enterprise, soared by as much as 14% during early trading on Friday following the announcement of securing a significant order valued at nearly ₹14,000 crore in Mizoram. This marks the company's inaugural project

Synopsis Ujjivan Small Finance Bank (Ujjivan SFB) announced a 7% year-on-year (YoY) decrease in net profit, totaling ₹301 crore for the April-June quarter of FY25, down from ₹324 crore in the same quarter last year. This decline was largely at

Benchmark indices Nifty and Sensex opened sluggishly again, falling for the fifth straight trading session due to weak US markets and budgetary adjustments that triggered selling pressure. At 9:30 PM IST, the Sensex had dropped 0.62% to 79,655, wh

Axis Bank shares plummeted by 6% on July 25, following the release of its April-June earnings, which highlighted deteriorating asset quality and dampened investor sentiment. The bank reported a significant increase in net profit, reaching ₹6,035

Shares of Tata Motors Limited surged over 5%, reaching a new all-time high of ₹1,084, following an upgrade by international brokerage Nomura, which now recommends buying the stock due to various growth drivers. Around 11 am IST, Tata Motors

On Thursday, 25th July, Nestle India shares fell after the quarterly results, and were trading at ₹2,518, down 1% from the previous close. Nestle India net profit for Q1 FY25 rose 6.9% on-year to ₹746.6 crore from ₹698.3 crore in the corresp

On July 25, RVNL shares dipped by approximately half a percent, even though the company received a Letter of Acceptance (LoA) for a ₹191.53 crore project from South Eastern Railway. Despite this, RVNL share price rose by 0.46% on the BSE on Wedn

On July 25, a block deal resulted in the sale of up to a 7.95% stake in RBL Bank on the exchanges. This transaction, valued at ₹1,100 crore, is believed to have involved the exit of private equity firm EQT (formerly Baring PE Asia) from the bank.

Brokerages have either upheld their optimistic outlook on Larsen & Toubro (L&T) or increased their target prices for the stock following the company's first-quarter fiscal year 2025 earnings, which slightly surpassed market expectations. A