Shares of Gujarat Toolroom, a low-priced stock, witnessed a steep decline in intraday trading today, hitting the lower circuit limit of ₹2.34 per share on the Bombay Stock Exchange (BSE). The significant drop in the stock price came after the company disclosed its financial results for the third quarter of the fiscal year 2024-25 (Q3FY25), … Read more

The shares of IRIS Business Services are expected to draw significant investor attention on Thursday following the company’s latest strategic move. The fintech firm has officially entered into a Memorandum of Understanding (MoU) with the Goa government, marking a major step toward fostering the growth of the Micro, Small, and Medium Enterprises (MSME) sector in … Read more

JBM Auto shares experienced a notable decline of 4.3% during today’s trading session, hitting an intraday low of ₹618.60 on the Bombay Stock Exchange (BSE). The drop came amid a surge in trading volumes, indicating heightened market activity around the stock. The decline followed a strong rally in the previous session, suggesting that investors may … Read more

Shares of leading cigarette manufacturers, including ITC, VST Industries, and Godfrey Phillips, saw a decline of up to 4% on Thursday following a report by The Economic Times (ET). The report suggested that the government is considering an increase in the Goods and Services Tax (GST) on tobacco products once it phases out the compensation … Read more

Intel Corporation experienced a significant surge in its stock price on Tuesday, February 18, gaining more than 10% following reports that two major industry rivals, Taiwan Semiconductor Manufacturing Co. (TSMC) and Broadcom, are exploring potential deals that could lead to a major restructuring of the company. The speculation stems from reports over the weekend suggesting … Read more

On Wednesday, pharmaceutical stocks witnessed a sharp decline, with the Nifty Pharma Index falling over 2% amid growing concerns about potential trade barriers. The selloff was led by Aurobindo Pharma, which experienced a steep drop of up to 9.5%, reaching an intraday low of ₹1,053.45. This made it the worst-performing stock in the pharmaceutical sector … Read more

Piramal Pharma’s shares are expected to be in focus on Wednesday following the company’s announcement regarding a recent inspection by the U.S. Food and Drug Administration (FDA) at its manufacturing facility in Turbhe, Navi Mumbai. According to the company, the FDA conducted a Good Manufacturing Practice (GMP) inspection at the facility from February 11 to … Read more

Punjab National Bank (PNB) is likely to attract investor attention on Wednesday, February 19, following its recent disclosure regarding a significant financial fraud. The bank has reported a borrowal fraud amounting to ₹270.57 crore in one of its non-performing asset (NPA) accounts to the Reserve Bank of India (RBI). This development could keep PNB’s shares … Read more

On Monday, Morgan Stanley sold more than 7.58 lakh shares of Ajax Engineering, valued at approximately Rs 45 crore, during the company’s stock market debut. The shares were offloaded through a block deal, with each share priced at Rs 588.74. The transaction was executed by the Morgan Stanley IFSC Fund, marking a significant move in … Read more

Australian shares saw a slight deepening of losses after the Reserve Bank of Australia (RBA) delivered its highly anticipated interest rate cut on Tuesday, marking the first such reduction in over four years. The decline in the market was largely driven by a sell-off in the country’s major financial stocks, which weighed heavily on the … Read more