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Jio Financial Services Ltd (JFSL), the demerged entity of Reliance Industries, witnessed a 6.25% drop in its share price to ₹250.10 on the BSE after revealing its Q3 results. Net profit declined by 56% to ₹293.82 crore from ₹668.18 cr in the Se
TVS Motor, a leading two-wheeler manufacturer in India has crossed the ₹1 lakh crore market capitalization mark in yesterday's trade. The company's shares reached a new peak at ₹2,108.95 apiece. Over the past year TVS Motor's market capitalizatio
Bharat Heavy Electricals Ltd (BHEL) witnessed a surge in its shares by over 4%, reaching a 52-week high on Monday. This upswing came after the announcement of a contract win valued at ₹15,000 cr. As the stock opened higher it rallied further by 4.6
For the October-December quarter of the fiscal year 2023-24, Avenue Supermarts the retail giant behind the popular DMart chain has shown robust growth. Consolidated net profit has surged by 17% reaching ₹690.61 cr compared to ₹589.68 cr in the sa
On Monday, Wipro's shares surge 13% reaching a new 52 week high of ₹526.45. This boost came after the company's Q3FY24 earnings report, which exceeded expectations, leading to an 18% surge in its American Depository Receipts (ADRs) to $6.35 the hig
Newgen Software Technologies Set to Trade Ex-Bonus Newgen Software Technologies Ltd has declared a 1:1 bonus issue for its shareholders. It means that for each existing fully paid-up equity share of ₹10 each, shareholders will receive one new fu
Tata Consumer Products Limited is set to acquire controlling stakes in two prominent brands, Organic India and Capital Foods. This strategic move is expected to boost the FMCG giant by expanding its product range, entering new markets, and offering a
In a major development on the opening day of the 10th edition of Vibrant Gujarat, Suzuki Motor Corp., based in Japan, declared investments totaling approximately ₹35,000 crore in the region. The announcement was made during the summit's inauguratio
Kalyani Steels share price surged 16% to reach ₹605.55 in early trading on 11 January 2024. The boost followed the company's successful bid for acquiring assets from Kamineni Steel & Power India Private Ltd, as announced in a regulatory filing
Polycab India shares dropped 22% during morning trade on 11 January 2024. The income tax department revealed that it uncovered "unaccounted cash sales" amounting to about ₹1,000 crore during a search conducted at the company's offices on 10 January
Cochin Shipyard Initiates Stock Split Cochin Shipyard has declared a stock split, reducing the face value of its equity shares from ₹10 to ₹5 each. The record date for this split has been set for 10 January 2024. It means that existing shareho
One97 Communications Limited, the parent company of the popular payment platform Paytm, has announced an investment of ₹100 crore in Gujarat International Finance Tec-City (GIFT City). The investment aims to build a worldwide financial system and e
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