Page 38 - Deepak Korgaonkar

PSU banks trade mixed post SC verdict on JSW Steel; should you buy the dip?

State Bank of India (SBI), Indian Overseas Bank (IOB), Uco Bank, Central Bank of India and Union Bank of India slipped between 1 per cent to 2 per cent in intraday deals on Monday

Adani group shares: Total Gas, Enterprises rally up to 10%; here's why

Gautam Adani's official representatives have met with US President Donald Trump's administration officials to end US bribery cases, reports said.

M&M gains 4% post Q4 nos; surges 22% in 4 weeks. Analysts see more upside

The board of directors of M&M has recommended a dividend of ₹25.3 (506 per cent) per ordinary equity share of the face value of ₹5 each.

Explained: Why are Sonata Software shares up 38% in 4 trading days?

On April 28, 2025, Sonata Software announced that it has secured a $73-million, five-year transformational engagement with a major US-based company in the Technology, Media, and Telecom (TMT) sector

Smallcap auto stock soars 12%, nears record high; what's behind the rally?

Force Motors share price today: Stock price of Force Motors surpassed its previous high of ₹9,885.05, which it had touched on May 6, 2024.

Portfolio Check: Murugappa Group fertiliser stock nearly doubles in 1 year

Coromandel International share price: Shares of Coromandel International, one of the flagship companies of Murugappa group, hit a new high of ₹2,338 today

HDFC Life hits 6-month high, nears record high; analysts see more upside

The brokerage firm believes HDFC Life can deliver higher VNB growth than what is implied in the current valuation on the back of higher APE growth than the industry at 14-16%.

Tata group stock trades lower for 6th straight day; slips 15% in 3 days

Shares of Tejas Networks slipped 5% to ₹696 on the BSE in Wednesday's intra-day trade, extending its fall after it reported a loss of ₹71.80 crore in Q4FY25.

SBI dips 3% on profit booking on fund raising plan; should you buy or hold?

SBI's board, at a meeting scheduled for May 3, 2025, is expected to discuss and approve the proposal for raising equity during FY26.

Smallcap defence stock surges 41% in 3 days, zooms 81% 14 days; here's why

Shares of Paras Defence rallied 10% to hit a nine-month high of ₹1,469, ahead of a board meeting today to consider Q4FY25 results and a stock split proposal.

Shipbuilding stocks rally up to 14%, MDL hits record high; here's why

The laws enacted recently and provisions in Budget 2025-26 are expected to boost the shipbuilding industry's growth and provide impetus to ship ownership in India.

PSU defence stock up 4% on heavy volumes; nears record high. Do you own?

Bharat Electronics hit four-month high of ₹317.90, rallied 4 per cent on the BSE in Tuesday's intra-day trade amid heavy volumes on a healthy business outlook.

IndusInd Bank up for 5th straight day; gains 41% from March low, here's why

Arun Khurana, deputy CEO of IndusInd Bank, has resigned with immediate effect, taking responsibility for the ₹1,960 crore losses due to incorrect accounting of internal derivative trades.

RIL adds ₹ 1 trillion to investor wealth as stock rallies 6% post Q4 show

Reliance Industries stock was trading at a 6-month high after the company reported better-than-expected Q4 earnings; the trading volumes at the counter jumped over 25 mn shares on the BSE and NSE.

DCB Bank soars 10% post Q4 results, brokerage firms see more upside

DCB Bank's management said the company's growth momentum continues to be robust across both advances and deposits; NIM is stabilising and fee income continues to grow consistently.

Ramkrishna Forgings plunges 12%, at 52-wk low on heavy volumes; here's why

The company said it identified discrepancies in certain inventory cases, during the ongoing physical verification of inventory for the financial year ended March 31, 2025.

Why this smallcap auto stock fell 10% in trade on Apr 28? Check details

M&M's board has approved acquiring Sumitomo Corporation's 44 per cent stake in the company at a price of ₹650 per share along with Isuzu Motors 15 per cent stake at the same price of ₹650 per share.

Shriram Finance slips 9% post Q4 earnings. Should you buy, sell or hold?

The company's reported net interest margin (NIM) dipped ~23bp quarter-on-quarter to 8.25 per cent in March 2025 quarter, primarily because of excess liquidity on the balance sheet.

Swiggy tanks 6% on heavy volume, nears record low; Key reasons for fall

FPIs' stake in Swiggy declined to 4.9% in the March 2025 quarter from 6.2% at the end of December 2024 quarter, shows the shareholding data.

IndiGo skids 6% on profit booking after Pakistan shuts airspace

According to media reports, India's leading airlines, particularly IndiGo and Air India have warned passengers of service disruptions following Pakistan closing its airspace to Indian airlines.