Page 824 - Markets News

Waaree Energies IPO Day 2: GMP up 100%, subscription soars 5x; invest now?

The unlisted shares of Waaree Energies continue to command a solid premium in the grey market, reflecting favorable market sentiments for the public issue.

Ambuja Cements climbs 2% after planning to buy 46.8% stake in Orient Cement

Ambuja Cements will acquire a 46.8 per cent stake in Orient Cement. The transaction will happen at an equity value of Rs 8,100 crore, or Rs 395.4 per share

Sona BLW Precision shares rise over 2% on inaugurating new plant in Manesar

The uptick in Sona BLW share price came after the company announced that it has inaugurated its new plant in Manesar, Haryana

Cement shares in focus as Ambuja to buy Orient; trading strategy here

Barring HeidelbergCement most of the cement stocks look technically weak on the charts; Ambuja Cements is on the verge of seeing a 'Death Cross' formation on the daily chart.

Bajaj Housing Finance gains 4% on strong Q2FY25 results; profit rises 21%

Shares of Bajaj Housing Finance surged 4.2 per cent at Rs 142.30 a piece on the BSE in Monday's intraday deals

Arkade Developers to launch residential & commercial projects, stock up 3%

The surge in Arkade Developers share price came after the company announced that it will launch a residential and commercial project, Arkade Rare - Bhandup, in Mumbai, on October 26

Why PNC Infra stock has tanked 35% in 2 days, hit 52-wk low today? Details

PNC Infratech plunged 18% to Rs 299 in intra-day trade on Tuesday, with a combined 7.25 million shares representing 2.82% of total equity having changed hands on the NSE and BSE till 09:42 AM

HFCL shares drop 6% after subdued Q2FY25 earnings; check details here

HFCL share price dropped 5.96 per cent at Rs 117.51 per share on the NSE in Monday's intraday trade

City Union Bank zooms 13% on healthy Q2 performance; brokerages upbeat

The lender's Net Interest Income (NII), which is the difference between interest earned and interest expended, soared 8.2 per cent annually to Rs 582.5 crore in Q2FY25, from Rs 538.4 crore in Q2FY24

Authum Investment & Infrastructure plunges 12% on weak Q2; profit drops 56%

Shares of Authum Investment & Infrastructure plunged 11.7 per cent at Rs 1,647.30 per share on the BSE in Monday's intraday trade

UltraTech Cement up 2% as co eyes 7-8% growth in future; brokerages vary

UltraTech Cement's consolidated profit dropped 36 per cent year-on-year (Y-o-Y) to Rs 825 crore in the September quarter of FY25, from Rs 1,280 crore in the September quarter of FY24.

Nifty futures premium erodes; options hints at more pain below 24,700

F&O cues for Oct 22: Breakout from 24,700-25,250 range to trigger the next directional move, said Sahaj Agarwal of Kotak Securities. IndiaMart InterMesh and RBL Bank among 16 stocks in F&O ban today.

IPOs in Samvat 2080: Rs 1.08trn raised; will Samvat 2081 keep frenzy alive?

Market analysts remain optimistic about the outlook for the Indian markets in Samvat 2081. In this backdrop, they expect more companies to test the markets in search for funds via the IPO route

Stocks to watch, Oct 22: Hyundai Motor, Ola Electric, Union Bank, HFCL

Stocks to Watch, Oct 22: Shares of Hyundai Motor India are set to debut on the stock exchanges on Tuesday. The Rs 27,870-crore initial public offering (IPO) was subscribed 2.37 times on its final day

Market Today: Hyundai India IPO listing; RBI says festive demand intact

On Wall Street, both the Dow Jones Industrial Average and S&P 500 closed lower, retreating from record highs as Treasury yields increased.

Nifty Fin Services, PSU Bank: Check support, resistance & other key levels

The Nifty Financial Services Index has recently shown a positive breakout from its consolidation phase, with a strong close above 23,911.

FPI selling tops $10 billion so far in October amid a shift to China

If trend holds, this will be first monthly outflows of over $10 bn

CD&R makes Rs 2,983 cr offer for 26% stake in Sanofi Consumer Healthcare

The development follows Sanofi and Clayton, Dubilier & Rice (CD&R) entering into exclusive negotiations whereby CD&R Group has agreed to acquire a controlling stake in Opella

Lower production cost likely to support Hindustan Zinc's margins

The volume of mined metal for Q2FY25 stood at 256 kilo tonnes or kt (up 2 per cent Y-o-Y, down 2 per cent Q-o-Q), due to higher ore production at Zawar mine offset by lower volume at SK Mine

Raymond Lifestyle stock jumps 4% after Motilal Oswal's 'buy' rating

Revenue, profit to grow 11%, 15% CAGR between FY24 and FY27, says the brokerage