Indian Market News

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

Asian Paints, a leading player in the Indian paint industry, boasts a balance sheet that appears robust despite recent challenges in earnings. The company's financial health is underpinned by a strong liquidity position, although a recent dip in earn

Suresh Ganapathy, Managing Director at Macquarie Capital, has highlighted that HDB Financial Services is being valued similarly to Bajaj Finance in the unlisted market, despite having weaker fundamentals. One of the key differences is HDB's return on

Delta Corp shares saw a nearly 5% surge on January 8 after the Supreme Court agreed to hear the online gaming industry's plea against the Goods and Services Tax (GST) show-cause notices on January 10. By 12 PM, Delta Corp’s stock had climbed 6%, tr

The New Fund Offer (NFO) for the DSP BSE SENSEX Next 30 Index Fund is scheduled to open on January 10, 2025, and end on January 24, 2025. Subject to tracking inaccuracy, the goal of this open-ended scheme is to produce returns that closely mirror the

The Securities and Exchange Board of India (SEBI) has instructed several companies preparing for their public listings to disclose any complaints received from whistleblowers, company insiders, or anonymous sources after submitting their draft public

Nuvama Institutional Equities, has upgraded its rating for Dr. Reddy's Laboratories to "buy" due to its optimistic outlook on the company’s proactive strategies to offset the anticipated impact of Revlimid's patent expiration in 2026. On Tuesday

In a significant regulatory development, the Securities and Exchange Board of India (SEBI) issued an administrative warning to Ola Electric Mobility on January 7, citing violations of disclosure norms. The electric vehicle giant's shares subsequently