Page 785 - Markets News

BS BFSI Summit: Public listings allow profitable exits for PEs, say experts

Investment leaders from Bain Capital, Samara Capital, BlackSoil Capital, and Multiples Alternate Asset Management speak about capital flow, business and startup growth at the BS BFSI Insight Summit

Ircon International slips 6% on weak Q2 results; PAT down 18%, rev down 19%

Ircon International's revenue from operations fell 19.3 per cent for the quarter under review to Rs 2,448 crore as compared to Rs 3,033 crore a year ago

MRF shares drop: Take U-turn after reporting 20% fall in net profits for Q2

After opening in the green territory and gaining 0.40 per cent on Wednesday morning, the shares of tyre manufacturing giant MRF dropped 2.85 per cent at Rs 1,17,500 per share on the BSE

IT shares buck trend; Wipro, Infy, TechM gain 2%; Coforge hits new high

At 12:23 pm; the Nifty IT index was the top gainer among sectoral indices, up 1 per cent, as compared to 0.31 per cent decline in the Nifty 50.

SBI Q2 results preview: Profit may rise upto 17%, provisions could shoot up

SBI Q2 preview: SBI, India's biggest state-owned bank, is scheduled to report its financial results for quarter-ended (Q2 FY25) and half-year ended (H1 FY25) on September 30, 2024 on November 8, 2024

Inox India jumps 7% after winning big contract from UK's Highview Power

Shares of Inox India surged 7.28 per cent at Rs 1,212.90 a piece on the BSE after the won a large contract from a UK based company Highview Power

ONGC, HAL, SJVN: 5 PSU stocks that can rally up to 25% by year-end

PSU stocks such as ONGC, HAL, Oil India, SJVN and BEL have retraced up to 50% of its previous rally; tech charts indicate that as long as the recent lows are protected a bounce back seems likely.

Samhi Hotels up 5% on adding upscale hotel in Hyderabad with 170-175 rooms

As per the filing, the hotel will be completed through the conversion of an office building located on the main arterial road of Hitec City

India bond yields inch lower after Fed rate cut pulls down US Treasury

The Fed cut interest rate by 25 basis points on Thursday, as widely expected, amid a cooling labour market, while noting that economic growth remained solid

Niva Bupa IPO Day 2: Subscription hits 71%; GMP stays flat; invest or wait?

Niva Bupa IPO is available at a price band of Rs 70-74 per share, with a lot size of 200 shares. Investors can bid for a minimum of 200 shares and in multiples thereof

Here's why this 'X' group stock skyrocketed 14% on November 8; details here

Brahmaputra Infrastructure share price rallied as much as 13.93 per cent to hit an intraday high of Rs 73.50 per share

Trent hits 3-month low post Q2 results; share price down 25% in 1 month

Trent share price: Despite the recent fall, Trent share price has outperformed market thus far in the calendar year 2024, by zooming 110 per cent as against 10 per cent gain in the benchmark index

Agi Greenpac stock gains 5% after Q2FY25 net profit surges 28% YoY

Shares of packaging company Agi Greenpac surged 4.87 per cent at Rs 972.80 a piece on the BSE after the company reported its second quarter earnings for the financial year 2024-25 (Q2FY25)

Reliance Power hits 5% lower circuit; here's what's worrying investors

Reliance Power shares have slumped to Rs 41.47 and hit 5 per cent lower circuit on BSE

Page Industries hits 52-wk high on healthy Q2 nos; declares Rs 250 dividend

The uptick in Page Industries share price came on the back of stellar performance in the September quarter (Q2FY25)

Indian Hotels hits new high; surges 6% on strong Q2 operational performance

The company has witnessed revenue growth of 16.5 per cent YoY in October 2024 with a majority of the growth being contributed by an increase in average room rates

Sterlite Tech up 7% on emerging L1 bidder for over Rs 1 bn-order from BSNL

The contract is for 3 years of construction and 10 years of maintenance contract at 5.5 per cent per annum of capex for the first 5 years and 6.5 per cent per annum of capex for the next 5 years

Emcure Pharma shares climb 6% after strong growth in Q2FY25 results

Shares of Emcure Pharma jumped 6 per cent at Rs 1523.80 a piece on the BSE after the company reported a strong second quarter earnings for the financial year 2024-25 (Q2FY25)

ACME Solar Holdings IPO closes today: GMP turns flat; should you invest?

ACME Solar Holdings IPO, which opened for subscription on November 6, is set to conclude today, Friday, November 8, 2024. Check subscription data, GMP, brokerage views, and other key details here

Gold rate today: Analyst advises 'Sell on rally' for Gold post Fed rate cut

Gold price: The yellow metal faces risk from fickle bond yields as deficit concerns loom large. Near-term upside is limited, says Praveen Singh of Sharekhan