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CG Power and Industrial Solutions Ltd. announced its Q2 results on Monday for the quarter ended September 30, 2024. The company reported its consolidated profit after tax of ₹220 crore, down by 9.8% from ₹244 crore in the previous year. The compa
Foreign portfolio investors or FPIs have been net sellers of Indian shares since the end of September pulling out a massive $10.1 billion in just 15 trading sessions according to Bloomberg data. This marks the largest foreign outflow in a calendar mo
Ambuja Cements a part of the Adani Group has announced its plans to acquire a 46.8% stake in Orient Cement for an equity value of ₹8,100 crore. The deal will be executed through the purchase of shares from Orient Cement’s promoters and select pub
With effect from November 20, the National Stock Exchange (NSE) changed the lot size of five futures and options (F&O) segments on October 18. The NSE said in a circular that the lot size of Bank Nifty has raised to 30 from 15 and that the lot si
Shares of food ordering site Zomato fell over 2% before a board meeting of the company on 22 October that would take up the issue of raising capital through qualified institutional placement. However, the amount of money that the company intends to r
Crisil stock rose by nearly 8% on Thursday as the rating firm said its consolidated net profits edged up by 13%. The consolidated net profit for the September quarter for the company stood at ₹171.55 crore, growing 13% from ₹151.15 crore in the s
Shares of Bajaj Auto continued their decline, falling by more than 10% to ₹10,414 during morning trade on 17 October. This drop came after the company posted a lower than expected net profit for the second quarter of FY2024-25 and revised its growt
Quant Mutual Fund has now emerged as the biggest investor in the recent ₹4,200-crore Qualified Institutional Placement (QIP) made by Adani Enterprises Ltd. The company has disclosed that this mutual fund house has scooped up almost 47% of the total
Hyundai Motor India Ltd. (HMIL) has become a member of the group of Indian businesses that paid out more than ₹10,000 crores in dividends during the 2024 fiscal year. With the firm preparing for the much awaited IPO, Hyundai announced a special div
GR Infraprojects share price saw a rise of up to 4.74% on Wednesday, October 14, 2024, reaching an intraday high of ₹1,699 per share. This surge followed the company’s announcement of securing a ₹1,885.63 crore contract from the Maharashtra Sta
Hyundai Motor India's ₹27,870 crore initial public offering (IPO) received a steady response on its first day with 18% of the total offer subscribed. Retail portions saw 26% of shares booked till 3 pm IST on Tuesday with retail investors bidding
The shares of paint and tire makers surged in the market on Monday as crude oil prices fell over 3% after OPEC lowers demand forecasts. Fluctuations in the price of crude oil have a salient impact on the decorative paint industry because the raw m
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