Indian Market News

IREDA Reports Robust Q3 FY25 Results with 27% Net Profit Growth Indian Renewable Energy Development Agency Ltd (IREDA), a leading state-run financier in the renewable energy sector, announced impressive financial results for the third quarter of F

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

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

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

International brokerage firm Bernstein has recently initiated coverage of the newly-listed food delivery company, Swiggy Ltd, assigning it an "outperform" rating. The firm has set a target price of ₹625 per share, projecting a potential 25% increas