Page 691 - Markets News

Siemens witnessed its steepest fall in 30-day period, down 28%; what next?

Siemens stock outlook: This stock from the engineering and capital goods industry could slide by another 18% if the key supports at Rs 5,600 and Rs 5,400 are violated shows technical chart.

LIC stock hits 52-week low; down 34% from August high

Poor retail new biz trends, the Insurance Amendment Act proposal of opening up the individual agents, and the risk of sunset of the Old Tax Regime to keep LIC shares range-bound, believe analysts.

Jindal Stainless races 4% as Nuvama upgrades to 'Buy,' raises target price

The rally in Jindal Stainless shares followed an upgrade by Nuvama Institutional Equities (Nuvama), which raised its rating on the stock to 'Buy' from 'Hold' and set a revised target price of Rs 836

Barflex Polyfilms IPO Day 3; Subscription surpasses 6x, GMP at 17%

Available at a price band of Rs 57-60 per share, with a lot size of 2,000 shares, the Barflex Polyfilms IPO will close for subscription on Wednesday, January 15, 2025

Lotus Chocolate hits 5% lower circuit after releasing Q3FY25 results

On Monday, the company reported its Q3 result which showed its net profit at Rs 3.71 crore as compared to Rs 0.6 crore ayear ago

Urja Global shares hit 5% upper circuit after posting Q3FY25 results

The company's revenue for the quarter under review stood at Rs 14.35 crore as compared to Rs 1.16 crore a year ago

Last day! Sat Kartar Shopping IPO ends today: 63x subscription, GMP up 37%

Rs 33.80 crore SME offering of Sat Kartar Shopping, which opened for subscription on Friday, January 10, 2025, is set to conclude today, Tuesday, January 14, 2025

Goldiam International stock hits new high; zooms 32% thus far in January

Goldiam is geared to expand ORIGEM's footprint with an aggressive retail launch strategy across key locations, positioning it to capture a larger share of the lab‐grown diamond jewellery market.

Bajel Projects rallies 7% after order win from Adani Energy Solutions

Bajel Projects shares were in high demand on Tuesday, after the company received a contract from Adani Energy Solutions

Mahanagar Gas share pops 6% as Morgan Stanley initiates with 'Overweight'

Mahanagar Gas shares surged following reports that Morgan Stanley, a New York-based brokerage firm, initiated coverage with an 'Overweight' rating

Bharat Electronics rises over 2% on additional orders worth Rs 561 crore

The rise in the BEL share price came on the back of an additional order win worth Rs 561 crore

Angel One shares drop 7% in trade; here's how company fared in Q3FY25

Brokerage Angel One on Monday, after market hours, reported its third-quarter profit at Rs 281 crore as compared to Rs 260.31 crore, a rise 8 per cent Y-o-Y

Laxmi Dental IPO Day 2; Subscription surpasses 7x, GMP zooms 33%

Retail Individual Investors (RIIs) have shown the highest enthusiasm, oversubscribing their reserved portion by 16.28 times

Adani Group shares in focus; Power, Green, Energy Solutions gain up to 12%

Shares of Adani Power, Adani Green Energy, Adani Energy Solutions, Adani Total Gas and Adani Enterprises have rallied between 5 per cent and 12 per cent, so far today

Biocon, Marico among 5 mid-, small-cap stocks holding fort in a weak market

The overall market trend has been negative with over 60% of the Nifty Mid- and Small-Cap stocks now trading below the long-term moving averages; however, these 5 stocks continue to buck the trend.

United Spirits plummets 5% after Hina Nagarajan set to step down as MD, CEO

Investors dumped the shares of United Spirits on Tuesday, after the company announced a leadership transition, with CEO Hina Nagarajan set to step down on March 31, 2025

Biocon extends rally, up 6% in 2 days on HSBC, Motilal Oswal 'Buy' upgrade

Notably, Biocon share price has surged about 6 per cent in the last two sessions

HCL Tech shares tumble 10%; market valuation erodes by Rs 46,987 cr

Shares of IT company HCL Tech on Tuesday slumped nearly 10 per cent after the company's December quarter earnings failed to cheer investors.

Delta Corp shares hit 52-week low after subdued Q3 results; revenue dips 7%

Investors dumped the shares of Delta Corp on Tuesday, after the company delivered subdued quarterly earnings for the third quarter of financial year 2024-25 (Q3FY25)

IndusInd Bk up 4% in 2 days as reports indicate higher weight on MSCI index

Foreign portfolio investors reduced their stake in IndusInd Bank to 46.63 per cent in December 2024, from 55.53 per cent in the September 2024 quarter, enhancing foreign headroom at 25 per cent