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Shares of Adani Wilmar Ltd plunged sharply on Friday, losing around 9 of their value as the much-anticipated two-day offer for sale (OFS) by promoter entity Adani Commodities LLP commenced. The steep decline followed the announcement of a floor pric
TCS Eyeing Multiple Opportunities to Mitigate BSNL Deal Revenue Loss: CEO Krithivasan India’s largest IT services company, Tata Consultancy Services (TCS), is poised to navigate the anticipated revenue downturn from its substantial BSNL contract
Tata Consultancy Services (TCS) saw its stock soar by over 4 in early trading on January 10, driven by strong commentary from the management and growing optimism among brokerages. Signs of an early demand revival in Q3 FY25, along with TCS's impress
Asian equities slipped on Friday, as cautious investor sentiment grew ahead of key US nonfarm payrolls data, which will provide insights into the health of the US labor market and influence the Federal Reserve's interest rate decisions. The MSCI Emer
The market regulator encountered a peculiar case involving over 1,100 clients of a stock broker listed as "dependent children," despite being between 34 and 100 years old. Stock brokers are required to assign a unique client code (UCC) to each inv
Chennai-based residential real estate developer Casagrand Premier Builder has received approval from the Securities and Exchange Board of India (SEBI) to launch its initial public offering (IPO). The approval, known as final observations in market te
Nomura expects the Indian cement industry to experience stronger volume growth in FY26 compared to FY25 but believes that only companies focusing on cost-efficiency will see an improvement in profit margins. Based on this outlook, the brokerage has f
JSW Cement, part of the Sajjan Jindal-led JSW Group, has received approval from the Securities and Exchange Board of India (SEBI) for its much-anticipated ₹4,000 crore initial public offering (IPO). This IPO marks a significant moment for the cemen
Shares of PN Gadgil Jewellers rose by over 2.5 to ₹690 apiece on January 9, following the company’s strong business update for the third quarter of FY25. Despite this recent gain, the stock has fallen over 12 in the past month, in contrast t
Kabra Jewels Limited is set to launch its Initial Public Offering (IPO), presenting a book-built issue of ₹40.00 crore. The IPO consists entirely of a fresh issue of 31.25 lakh shares. The IPO opens for subscription on January 15, 2025, and closes
The share price of Advait Energy is expected to remain in the spotlight on January 9 following the company’s receipt of a Letter of Intent (LoI) from Gujarat Urja Vikas Nigam Limited (GUVNL) for a significant 50 MW standalone Battery Energy Storage
Jefferies has forecasted 2025 as a crucial "Year of Easing" for Indian banks, with the Reserve Bank of India's (RBI) proactive measures addressing systemic risks and fostering a more balanced financial environment. The investment firm highlights key
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