The uptick in the stock price came after the company announced that it has secured orders worth over Rs 53 crore.
The rise in the share price came after the company announced a strong set of June quarter results (Q1FY25).
On the bourses, Infosys's stock witnessed a decline, falling 1.32% to an intraday low of Rs 1,828.10 per share on the NSE. In comparison, the Nifty IT index dropped 1.64% to a low of 40,038.25 levels.
The company is positioned to achieve revenue growth exceeding 1.5X that of the underlying industry growth, while maintaining robust EBITDA margins, driven by promising prospects in the 2W and PV.
The board of the company approved the demerger of the Tata Motors into two separate listed companies. The company revealed that the demerger will conclude in the next 12 to 15 months.
Tata Power stock price has broken out on the daily chart to close at all time high with sharp rise in volumes.
The Nifty Commodities Index is showing signs of a potential pullback in the near term, making it a suitable candidate for selling on rises.
Stock Market Highlights on Thursday, August 1, 2024: The day ended in favour of the bulls, with 28 out of the 50 listed companies on the Nifty50 ending higher, led by Power Grid Corporation of India
The fall in the share price came after the automotive manufacturer reported disappointing July 2024 sales numbers.
The fall in the share price came on the back of weak sales in July 2024.
The fall in the stock price came after the company reported a weak set of June quarter of financial year 2025 (Q1FY25) results.
The fall in the share price came after the company saw its margin squeeze in the June quarter of financial year 2025 (Q1FY25).
The fall in the stock price came after the company reported a weak set of June quarter results.
The uptick in the stock price came after the company announced that it has signed a memorandum of understanding (MoU) with Karnataka Udyog Mitra for acquisition of 55 acres of industrial land.
Market reactions to the US Fed meeting outcome will be evident in early trades on Thursday. Indications suggest that the current market tone will persist.
Apollo Pipes has recently demonstrated a classic technical pattern known as a triple bottom around its historical support level near the Rs 600-mark.
The market capitalisation of BSE-listed companies jumped to a lifetime peak of Rs 462.38 lakh crore on Wednesday helped by a four-day rally in benchmark indices. The 30-share BSE Sensex settled higher by 285.94 points or 0.35 per cent at 81,741.34 -- its all-time closing high. In the last four trading sessions, the BSE benchmark jumped 408.62 points or 0.50 per cent, making investors richer by Rs 5.45 lakh crore. Investors' wealth climbed Rs 5,45,337.02 crore in the past four days to reach a record high of Rs 4,62,38,008.35 crore (USD 5.52 trillion) on Wednesday. "Sebi's crackdown on Futures & Options trade is eminently desirable and can go a long way towards making the ongoing rally healthy and less speculative. "The irrational exuberance of the retail investors, particularly the newbies who entered market after the Covid crash, will do more harm than good to the overall market in the long run," V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services, ...
Mining conglomerate Vedanta Ltd on Wednesday said it has received clearances from leading exchanges BSE and NSE for its proposed demerger. The development assumes significance as it will pave the way for Vedanta's plan to split into six independent listed companies, including oil and gas and aluminium. "... BSE and NSE, vide their letters dated July 31, 2024 and July 30, 2024 respectively, have conveyed that they have 'no objections/no adverse observations', on the proposed scheme," Vedanta said in a regulatory filing. The company said that it will soon file an application with the National Company Law Tribunal (NCLT). "The scheme remains subject to receipt of other applicable statutory and regulatory approvals including inter alia from the National Company Law Tribunal and the respective shareholders and creditors, under applicable laws," the filing said. On Tuesday, Vedanta Ltd said it has received approvals from majority of its creditors for a proposed demerger of businesses, .
The share of SUV sales in Maruti's overall sales grew to 31 per cent from 25 per cent a year ago, making it the company's second-biggest segment after compact cars
Stock Market highlights on July 31, 2024: The day belonged to the bulls as 21 out of 30 stocks on the BSE Sensex saw gains of up to 4 per cent