In the run-up to the election results, the benchmark indices, including the Nifty50 and Sensex, have witnessed a decline of 1.5-2 percent over the past five sessions but rose a bit in today’s deals. Adding to the unease, the Volatility Index (VIX) has surged to around 24, significantly higher than […]
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Stock market news: AVG Logistics shares are one of the multibagger stocks the Indian stock markets have delivered in recent years. The small-cap stock has remained in the base-building mode for nearly two months. The multibagger stock topped out at the end of March 2024 at around ₹615 apiece level, […]
Emami Ltd’s shares hit a new 52-week high of ₹646.20 on the NSE in early trade on Friday. The stock is up about 15% since the company declared its March quarter (Q4 FY24) results on Wednesday even though Ebitda came in slightly under some analysts’ expectations. Consolidated Ebitda growth stood […]
Stock Market Today: Multibagger J. Kumar Infraprojects Ltd share price gained more than 14% to all time high during intraday trades on Friday. The J. Kumar Infraprojects share price scaled all time high ₹757 on the NSE gaining more than 14% over its previous days close of ₹663.45. J. Kumar […]
Muthoot Finance share price rallied over 4% on Friday after the gold loan provider reported strong earnings for the quarter ended March 2024. Muthoot Finance shares spiked as much as 4.3% to ₹1,745.20 apiece on the BSE. India’s largest gold loan provider Muthoot Finance reported a standalone net profit of […]
For the quarter ending in March, Praj Industries reported a net profit of ₹92 crore, up from ₹88 crore in the same period last year. Income from operations for the quarter was ₹1,019 crore, compared to ₹1,004 crore in Q4 FY23 and ₹829 crore in Q3 FY24. For the full […]
Multibagger IPO: The Initial Public Offering (IPO) of Motisons Jewellers Limited, launched in December 2023, was a resounding success. The IPO, offered at a price range of ₹52 to ₹55 per equity share, generated a substantial ₹151.09 crore from this book-build issue. The public offer received an overwhelming response from […]
Although the link between voter turnout and election outcomes is not straightforward, the drop in voter turnout has introduced an element of uncertainty that has reverberated through the Indian market in May. Amid this backdrop, both the Nifty 50 and Sensex are set to finish May with mild gains, ranging […]
Stock market today: Despite a dip in the first three months of the current year, shares of Divi’s Laboratories Ltd demonstrated remarkable resilience, bottoming out at ₹3,370 per share mark at the end of March 2024. This resilience is a testament to the company’s strength and potential, making Divi’s Lab […]
Stock Market Today: Tata Steel share price after declining more than 5% on Thursday post Q4 results a day earlier, rebounded around 1% on Friday, during morning trades. Analysts said that Tata steel Q4 Results performance was decent but the stock reacted to the decline in per tonne India profitability […]