Page 689 - Markets News

Asian Paints, Indigo Paints hit 52-week low; slip up to 25% in 6 months

Significant moderation in sales volume due to rural market slowdown, impact of heightened competition and increase in raw-material prices likely to impact profitability of the paint industry.

Sky Gold share price sparkles 5% on partnership with Aditya Birla Jewellery

The northward move in the Sky Gold share price follows the news that the company has successfully onboarded Aditya Birla Jewellery, operating under the brand name Indriya

Asset Management Company shares rally up to 7% on HDFC AMC's strong Q3 nos

Shares of HDFC AMC surged 6% to Rs 4,112.90 after the company' profit after tax grew 30.8% annually to Rs 641.8 crore, despite other income declining 34.5% YoY in Q3FY25

Cummins India shares slide over 3% as company faces customs penalty

he decline in the company's share price followed news that the company had received an order imposing a fine/penalty by the Office of the Commissioner of Customs - Nhava Sheva, Maharashtra

Welspun Corp up 6% on inking MOU with Saudi Aramco; Check all details here

The capacity in the Kingdom of Saudi Arabia will be estabilised at the ongoing Aramco IKTVA Forum & Exhibition 2025. The production capacity of this plant will be 350,000 MT/Annum

RVNL, TVS Motor see Death Cross after 3 yrs; HFCL flags warning on chart

Technically, a Death Cross pattern implies bearish implications; Chart shows that RVNL, TVS Motor and HFCL could slide up to 25 per cent from present levels.

Persistent Systems shares rise 5% in trade; here's what's boosting rally

ContractAssIst is developed to deliver advanced contract management capabilities for companies with high volume of contracts from various vendors

Vodafone Idea hits 3-month high, surges 19% in two days on heavy volumes

To improve its network performance Vi has partnered with HCL Software, the software business unit of HCL Technologies, to make its 4G and 5G networks smarter and more efficient

Stallion India IPO opens on January 16; check GMP, dates, other key details

As investors await the opening of the public offering, here are the key details of the Stallion India IPO, as outlined in the company's Red Herring Prospectus (RHP)

Benares Hotels share price rallies 14% after Q3 results; profits soar 20%

Benares Hotels share price gained 5.53 per cent at Rs 571.80 a piece on the BSE in Wednesday's intraday trade

NTPC, Power Grid, NHPC, other power stocks rise up to 7% in trade today

In 2024, solar power spearheaded this growth with addition of 24.54 GW, registering 33.47 per cent year-on-year (Y-o-Y) rise in its cumulative installed capacity to 97.86 GW in 2024

Kalyan Jewellers' stock extends fall for 8th straight day; stock slips 27%

In the previous two calendar years, the market value of Kalyan Jewellers has more than doubled with a 180 per cent surge in CY23, and 116 per cent rally in CY24

Minda Corp rises 5% after acquiring 49% stake in Flash Electronics

Minda Corporation share price gained 5.53 per cent at Rs 571.80 a piece on the BSE in Wednesday's intraday trade

Nomura sees muted Nifty returns in 2025, sets December target at 23,784

Nomura Nifty target: Nomura suggests investors stay highly "selective" and bet on stocks and/or sectors with relative valuation comfort

Adani Enterprises tests 9-yr trend line support; tech view on group stocks

Adani group stocks have tumbled up to 47% since the start of December quarter. In case of a pullback Adani Green, Adani Ports and Adani Power can potentially rally up to 32%, show tech charts.

Premier Energies gains 6% on bagging multiple orders worth Rs 1,460 cr

The company received orders from two large independent power producers (IPP) who were not named and others. These orders include Rs 1,041 crore for solar modules and Rs 419 crore for solar cells

Sula Vineyards rises 4% after posting highest revenue in Q3FY25; details

Sula Vineyards share price gained 3.87 per cent at Rs 389 a piece on the BSE in Wednesday's intraday trade

Quadrant Future Tek soars 44% in 2 days; zooms 85% against issue price

Shares of Quadrant Future Tek (Quadrant) rallied nearly 20% to Rs 537.80 on the BSE in intraday trade, zooming 85% against its issue price of Rs 290 per share.

Barflex Polyfilms IPO closes today; Subscription reaches 15x, GMP up 23%

The unlisted shares of Barflex Polyfilms were trading at Rs 74 apiece, reflecting a grey market premium (GMP) of Rs 14 or 23.33 per cent against the upper end of the IPO price band of Rs 60

Asian stocks mixed ahead of US inflation data that could direct Fed rates

Stocks got a boost from a report showing inflation at the US wholesale level wasn't as high last month as economists expected