Royalarc Electrodes Ltd made its stock market debut on Monday, February 24, with its shares listing flat on the NSE SME platform. The stock opened at ₹120 per share, matching the price set during its Initial Public Offering (IPO). While the listing did not offer any immediate gains to investors, the stock managed to show … Read more
Shares of Quality Power Electrical made a lukewarm debut on Dalal Street on Monday, February 24, following a last-day subscription rush for its Initial Public Offering (IPO). Despite the late surge in demand, the stock witnessed only modest gains upon listing. On the Bombay Stock Exchange (BSE), the shares opened at ₹432.05, marking a 1.66% … Read more
In a significant step towards enhancing its global footprint, Bajaj Auto Ltd. has unveiled plans to invest up to €150 million (approximately ₹1,364 crore) in its wholly-owned subsidiary, Bajaj Auto International Holdings BV (BAIH BV), headquartered in the Netherlands. This strategic move is aimed at bolstering the subsidiary’s growth trajectory and exploring future investment opportunities … Read more
India’s auto component industry is gearing up for consistent revenue growth over the next two fiscal years, according to projections by ICRA Research. After a strong performance in FY24, the sector is expected to continue its upward trajectory, with revenue growth estimates ranging from 7-9% in FY25 to 8-10% in FY26. This growth reflects a … Read more
Godrej Industries, the flagship holding company of the esteemed Godrej Group, has recently emerged as a standout performer in the Indian stock market. This resurgence comes on the back of its impressive financial results for the third quarter, which exceeded market expectations and significantly boosted investor sentiment. The company’s robust earnings report not only bolstered … Read more
Zomato, a leading food delivery platform, and Jio Financial Services, a major player in the financial sector, have officially joined the Nifty 50 index following the latest semi-annual reshuffle. This periodic adjustment, conducted to ensure the index reflects the most relevant and high-performing companies, has led to the exclusion of Bharat Petroleum Corporation Limited (BPCL) … Read more
On Friday morning, RVNL (Rail Vikas Nigam Limited) witnessed a notable rise in its share price, gaining approximately 3% during intraday trading. This surge followed the company’s announcement of signing a significant project agreement with Bharat Sanchar Nigam Limited (BSNL). The agreement was signed as part of a consortium that includes HFCL and Aerial Telecom … Read more
On Friday, February 21, 2025, ITI Ltd., a prominent player in India’s telecommunications sector, experienced a notable surge in its share price. The stock hit its 5% upper circuit limit and closed the trading session at ₹284 per share, reflecting strong investor demand and positive market sentiment. This upward movement was primarily driven by a … Read more
Shares of NTPC Green Energy witnessed a notable surge of 4%, reaching their intraday high of ₹137.10 on the Bombay Stock Exchange (BSE) today. This rally came in response to the company’s announcement of signing a Memorandum of Understanding (MoU) with the Department of Industries, under the Government of Bihar. The agreement aims to foster … Read more
On Friday, February 21, LK Mehta Polymers made a modest debut on the BSE SME platform, with its shares listing at ₹71.10. This opening price reflected a minimal gain of just 0.14% over the company’s issue price of ₹71 per share. The company’s Initial Public Offering (IPO), valued at ₹7.38 crore, was available for subscription … Read more