Indian Market News

Shares of Ashapura Minechem surged 10% in early trading, reaching a 52-week high of ₹571.6, following the announcement that its overseas subsidiary had entered into a long-term Memorandum of Understanding (MoU) with China Railway, a Global Fortune

Shares of the Indian Renewable Energy Development Agency (IREDA) Ltd. are expected to be in the spotlight on Monday, January 20, following the company's announcement regarding the date of its upcoming board meeting, where it will finalize plans for f

Shares of the struggling telecom company Vodafone Idea Ltd. surged to the 10% upper circuit during early trading on January 20, following a report by Moneycontrol suggesting that the government might consider reducing a significant portion of adjuste

Kalyan Jewellers' stock experienced a significant jump of over 7% on Monday after asset management firm Motilal Oswal AMC addressed circulating social media rumors regarding its investments in the jewellery company. Shares of Kalyan Jewellers climbed

Hitachi Energy India Limited, a Bengaluru-based energy solutions provider, has announced its intention to raise funds amounting to ₹4,200 crore. The company’s Board of Directors approved the fundraising proposal during a meeting held on January 1

5paisa Capital Limited announced the appointment of Gaurav Seth as Chief Executive Officer, effective January 14, 2025. With a rich career spanning over two decades, Gaurav brings extensive experience building businesses at the intersection of financ

On January 17, Maruti Suzuki India unveiled its first electric vehicle, the eVITARA, which the company plans to export to more than 100 countries. Suzuki Motor Corporation, holding a 58% stake in Maruti Suzuki India, aims to establish India as a glob

Axis Bank Ltd., a private lender, experienced a rise in slippages and sluggish deposit growth in the October-December 2024 quarter, prompting several brokerages to revise their target prices downward for the bank’s stock. During the third quarte

Hong Kong-based brokerage firm CLSA has included Indus Towers Ltd., a telecom infrastructure provider, in its 'high conviction' list, signaling heightened optimism toward the stock. The firm has upgraded Indus Towers to a 'high conviction' outperform

Brokerages remain optimistic about Infosys, driven by its strong performance in the October-December quarter, which outperformed expectations despite being a typically weak period. In addition to surpassing earnings forecasts, Infosys raised its FY25

Benchmark indices Nifty and Sensex opened on a weaker note on January 16, putting an end to their three-day winning streak as global cues turned unfavorable. Investor sentiment had improved recently due to lower-than-expected US inflation data for De

The Securities and Exchange Board of India (SEBI) has barred Pacheli Industrial Finance Ltd (PIFL) and six other entities from participating in the securities market until further notice. According to PIFL's annual report, the company provides consul