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Benchmark indices Nifty and Sensex experienced a strong upward movement, trading firmly in positive territory, primarily driven by a surge in IT and metal stocks. However, the pharma and auto sectors remained weak. This marks the third consecutive tr
The HDFC Nifty100 Quality 30 Index Fund – Direct Plan is an open-ended equity fund categorized under Large Cap, targeting investors seeking returns aligned with the Nifty100 Quality 30 Index (TRI), subject to tracking error. The fund is open for su
The automotive industry has been experiencing sluggish growth in both the passenger and commercial vehicle segments this fiscal year. Consequently, it is eagerly anticipating announcements in the upcoming Union Budget that may signal increased welfar
United Spirits Ltd (USL) reported a 4.3 decline in consolidated net profit for the December quarter of FY25, registering Rs 335 crore compared to Rs 350 crore in the same period last year. The drop was attributed to higher expenses and severance cos
On Friday, Paytm's share price tumbled more than 8 after reports surfaced that the company, along with seven other payment gateways, is under scrutiny by the Enforcement Directorate (ED) for alleged involvement in a cryptocurrency scam. The stock di
Shares of the state-owned oil marketing company, Hindustan Petroleum Corporation Limited (HPCL), are drawing attention in Friday's trading session following its impressive financial performance for the October-December quarter. The company reported a
Hyderabad-based Dr. Reddy’s Laboratories (DRL) posted a 2.5 year-on-year (YoY) increase in consolidated net profit for Q3FY25, reaching ₹1,413 crore. The pharmaceutical giant also recorded its highest-ever quarterly revenue from operations, up 1
Rexpro Enterprises' initial public offering (IPO) has demonstrated steady growth in investor interest over its three-day subscription period. The IPO showed consistent momentum, progressing from 2.85 times on day one, to 6.36 times on day two, and ul
EMA Partners India Limited, an executive search firm operating since 2003, marked its entry into the public markets on Friday, January 24, 2025. The company, which has established itself as a specialized provider of leadership hiring solutions with g
Zee Entertainment Enterprises Limited (ZEEL) is optimistic about a recovery in advertising revenue as it looks forward to the Union Budget 2025 to revive the consumption cycle. Despite the festive season, Zee's advertising revenue declined by 8.4 ye
Indus Towers Limited reported a stellar financial performance for the quarter ending December 31, 2024, with consolidated net profit skyrocketing by 160 to ₹4,003 crore. This sharp rise, compared to ₹1,541 crore in the same quarter of the previo
The traditional Halwa ceremony, marking the final phase of Union Budget preparations, is set to take place at the North Block of the Central Secretariat on Friday evening, January 24. As per tradition, Finance Minister Nirmala Sitharaman will pres
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