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Housing and Urban Development Corporation Ltd. (HUDCO) dropped up to 9% on October 18 after the government's announcement of a 7% stake divestment through an Offer for Sale (OFS). This move aims to meet minimum public shareholding norms set by the Se
Bajaj Finance Ltd., India's largest non-bank lender, is set to acquire a 26% stake in Pennant Technologies Pvt. Ltd., a financial technology firm, in a cash deal worth ₹267.5 crore. This move is designed to bolster Bajaj Finance's technology infras
Jio Financial Services, a non-banking financial company (NBFC) spun out from Reliance Industries, reported growth in its financial performance for the second quarter after being listed in August. The company's net profit for the July-September period
CEAT, one of India's major tire manufacturers, released its Q2FY24 results after the market closed on Monday, its shares soaring over 10.5% to reach an all-time high of ₹2,337 apiece during early trading on Tuesday. CEAT revealed a consolidated net
Avenue Supermarts, the parent company of the renowned retail chain DMart, recently released its Q2 earnings report, after the result on Monday stock dipped over 4% in in opening session. Avenue Supermarts reported consolidated revenue of ₹12,624 cr
In early trade on October 16, Ashok Leyland, India's largest bus manufacturer, received a boost in its stock price, after securing an order for 1,666 buses from the Tamil Nadu state transport undertakings (TN STUs). As a result, the stock was trading
Delta Corp, a prominent casino chain in India, is grappling with a severe financial crisis. On October 16, the company's shares plummeted by 10% on the Bombay Stock Exchange (BSE), reaching a new 52-week low of ₹126 per share. This sharp decline wa
In stock markets 'bonus' refers to the free additional shares a company gives to its existing shareholders and 'bonus ratio' specifies the number of additional shares shareholders will receive for every share they own in a particular company. Bonu
Infosys, one of India's leading IT companies, opened on October 13 with its shares plunging by 4.5% after announcing a cut in its growth guidance for the second time in a row, despite a good performance in the September quarter. At 12:147 pm, Infosys
HCL Technologies announced its financial results for the July-September quarter of fiscal year 2023-24 on October 12, showing an increase in its consolidated net profit by 9.8% compared to the previous year, reaching ₹3,832 crore. The company's rev
The Reserve Bank of India (RBI) granted its approval on October 11 for SBI Mutual Fund (SBI MF), the mutual funds arm of the State Bank of India, to acquire a 9.99% stake in the private lender, IndusInd Bank. This move was disclosed through a regulat
Sula Vineyards share price, India's largest wine producer, surged by 4% in early trading on Thursday, reaching ₹485 per share. This surge was a direct response to the impressive sales update for Q2FY24. In an exchange filing on Wednesday, Sula Vine
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