China has approved a significant new fiscal stimulus to bolster its slowing economy, unveiling an $839 billion refinancing package for local government debt. The plan, approved by the National People's Congress (NPC), includes provisions for debt rel
Tata Motors announced its financial results for the quarter ended September 2024 (Q2 FY25), reporting an 11 year-on-year decline in net profit to ₹3,343 crore, down from ₹3,764 crore in the previous year. Revenue from operations also slipped by
On Friday, November 8, State-owned Power Finance Corporation Ltd (PFC) announced a year-on-year (YoY) net profit increase of 8.9, reaching ₹7,215 crore for the second quarter, which concluded on September 30, 2024. The company's operational revenu
On November 8, Vedanta Ltd announced a net profit of ₹4,352 crore for the September quarter, attributable to its owners, contrasting with a net loss of ₹1,783 crore in the same quarter last year. The company's revenue from operations dropped by 3
This report tracks the stock performance of recently listed IPOs, particularly observing their performance within ten days of listing and analyzing quarterly results alongside market sentiment. We delve into the impact of market trends, sectoral perf
Summary ACME Solar Holdings IPO has closed with a strong response from investors, achieving a final subscription of 2.89 times by 8th November 2024 at 5:23:09 PM (Day 3). The public issue witnessed robust demand across all categories. The Qualifie
Summary Swiggy IPO has closed with a strong response from investors, achieving a final subscription of 3.59 times by 8th November 2024 at 5:23:08 PM (Day 3). The public issue witnessed varied demand across categories. The Qualified Institutional B
State Bank of India (SBI), India's largest lender, has announced its financial results for the quarter ending September 2024. The bank reported a 28 increase in standalone net profit, reaching ₹18,331.4 crore compared to ₹14,330 crore in the sam
MRF Ltd., the tyre manufacturer, announced its September quarter results on Friday, November 8, reporting a decrease in net profit alongside an increase in revenue compared to the same quarter the previous year. Net profit fell by 20.4 year-on-year,
The Federal Reserve announced on Thursday that it would be lowering its key interest rate by a quarter percentage point. This decision was widely expected as inflation approaches the central bank’s target of 2. Consequently, the federal funds rate
Onyx Biotec Limited, a leading player in India’s pharmaceutical manufacturing industry, is presenting an Initial Public Offering (IPO) valued at ₹29.34 crores. Onyx Biotec's IPO comprises a fresh issue of 48.1 lakh shares, providing investors wit
Mangal Compusolution Company Profile The Mangal Compusolution Limited, valued at approximately ₹16.23 crores, offers an interesting opportunity for investors seeking exposure to India's IT hardware rental market. Mangal Compusolution, known for
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