Page 36 - Deepak Korgaonkar

Shriram Finance shares rally 5%, outperform market on stable outlook

Shriram Finance's credit cost is expected to improve marginally to about 1.9% of average loans over the next couple of years from 2.1% currently.

OMCs shares in focus; BPCL, HPCL, IOCL gain up to 3%, here's why

The Indian government has increased the price of a 14.2 kg LPG cylinder by ₹50. Simultaneously, the government has raised the excise duty on petrol and diesel by ₹2 per litre, a move impacting OMCs.

ONGC, BPCL rally up to 5% as Saudi Aramco draws India investment plan

Aramco is specifically targeting BPCL's refinery in Andhra Pradesh and ONGC's refinery in Gujarat, said a Reuters report.

8 stocks from Ashish Kacholia, Mukul Agrawal portfolios double in FY25

Shares of BSE, Neuland, Sarda Energy, Pearl Global and Deepak Fert from Mukul Agrawal's portfolio, and Shaily Engg, Balu Forge, and Ami Organics from Ashish Kacholia's portfolio zoomed up to 267%

Ashok Leyland dips 5%; Switch Mobility, pledged share, SML Isuzu news weigh

Switch Mobility is contemplating the potential closure of its manufacturing operations in UK due to ongoing economic uncertainties and a slower-than-expected transition to EVs in public transport.

L&T stock gains 2% on winning ultra mega order; soars 12% so far in March

L&T had guided for 10% YoY growth in its order inflow for FY25E, which has been comfortably surpassed with the recent order win

Capri Global Capital zooms 27% in 2 days on heavy volumes, positive outlook

Till 11:17 AM, a combined 32.69 million shares, representing 4 per cent of the total equity, of Capri Global have changed hands on the NSE and BSE

JSW Infra gains 7% in 2 days, stock zooms 50% from Feb low; here's why

JSW Infra said it has completed the acquisition of the slurry pipeline business from JSW Utkal Steel (a wholly-owned subsidiary of JSW Steel) through a slump sale

Swiggy slips 3%, hits new low; stock tanks 49% from December high

Since February 5, 2025, share price of Swiggy is under pressure and fallen 28 per cent after the company reported a weak operational performance in the December 2024 quarter

Spandana Sphoorty slips 6% in 2 days, nears record low on growth concerns

In the past six months, the market price of Spandana Sphoorty has tanked 60 per cent, as compared to the 10 per cent decline in the BSE Sensex.

Aavas Financiers hits highest level since Nov 2022; soars 5% in weak market

Aquilo House Pte. Ltd. has acquired 17.8 million equity shares, or 22.5 per cent stake, in Aavas Financiers pursuant to the mandatory tender offer on March 21, 2025

Nifty Midcap 100 set to outrun Nifty 50 for fifth straight financial year

As things stand, the small-and mid-caps look relatively more expensive, said Jyotivardhan Jaipuria, founder & managing director, Valentis Advisors, and can underperform in the early part of FY26

Bajaj Finserv hits over 5-month high; stock surges 25% so far in CY25

Bajaj Finserv shares gained 2% to ₹1,955.50 on the BSE in Tuesday's intra-day trade and quoted close to its record high level of ₹2,029 touched on September 27, 2024.

HDFC Bank hits highest level in CY25, nears record high; up 9% in 2 weeks

In the past one year, HDFC Bank has outperformed the market by surging nearly 30 per cent, as compared to the 8 per cent rise in the BSE Sensex

HEG, Graphite India zoom up to 18% on heavy volumes in weak broader market

Japan's cabinet has decided to impose provisional four-month anti-dumping duties on China's graphite electrode exports, effective March 29, according to reports

IndusInd Bank slips 5% ahead of accounting discrepancies report on Mar 28

External auditor PwC is likely to submit its report to IndusInd Bank's board on Friday March 28, regarding accounting discrepancies in its derivatives portfolio, PTI reported quoting sources

SG Finserve surges 28% in 2 days after Madhusudan Kela buys 1.7% stake

On Monday, March 24, 2025, Madhusudan Murlidhar Kela purchased 951,773 shares representing 1.7 per cent stake in SG Finserve at ₹350.01 per share in a bulk deal on the BSE

Jindal Stainless shares slip 5%; stock nears 52-week low in firm market

During the first nine months of fiscal 2025, the Ebitda per tonne has slightly moderated to ₹20,837, which was largely on account of global macroeconomic factors and subdued export demand

Power Mech up 17% on ₹597 crore order from BHEL; zooms 50% from March low

The power sector continues to be the sector that drives the management's bullish sentiment on order inflow outlook for the next 2-3 years

Nifty Bank up 2%, hits highest level of CY 2025; ICICI, Kotak at new highs

Bank Nifty: The index was quoting higher for the eighth straight trading day, having rallied 8 per cent during the period