Page 281 - Markets

Rival Zomato's CEO congratulates Swiggy on stock market listing

In a kind gesture, Zomato CEO Deepinder Goyal on Wednesday congratulated rival Swiggy on its stock market debut, whose shares got listed at a premium of nearly 8 per cent on the NSE. "Congratulations @swiggy! Couldn't have asked for a better company to serve India with..," Goyal said in a post on X, tagging another post by Zomato which said, "You and I... In this beautiful world @Swiggy". Swiggy got listed at Rs 420, a jump of nearly 8 per cent from the issue price on the NSE. The Rs 11,327-crore initial public offer of Swiggy got fully subscribed on the final day of the share sale on Friday, ending with 3.59 times subscription. Marking its stock market debut, Swiggy rolled out an ad film encapsulating the brand's ethos and the decade-long journey that led to the milestone. In a tribute to the backbone of Swiggy's operations, two of the company's delivery partners, Jigar Khan and Namrata Vora, were invited to join Swiggy's Co-Founders and Management Team on stage at the National St

Patel Engineering shares up 6% on healthy Q2 show; PAT up 95%, rev up 15%

Patel Engineering's revenue from operations rose 15 per cent to Rs 1,174.3 crore as compared to Rs 1,021.3 crore a year ago

Globus Spirits shares slip 15% in 2 days; here's what's worrying investors

Globus Spirits recorded a revenue of Rs 8741.1 crore, up 18.3 per cent, as compared to Rs 739 crore a year ago.

NMDC Steel shares drop 5% as loss widens to Rs 595 cr in Q2, margins dip

The Earnings before interest, tax, depreciation, and amortisation (Ebitda) for the second quarter stood declined to Rs 441 crore from Rs 72 crore a year ago

Weekly contracts that made India top options market has last trading day

The surge in options trading boosted revenue for the nation's two stock exchanges and attracted the biggest Wall Street firms

Silver may fall to $29 in near-term; here's how to trade white metal today

With China's fiscal stimulus failing to excite investors, Silver is likely to be under pressure in the short term, even gold and copper prices weaken

Gold likely to be under pressure in near-term; check support levels

Spot gold tumbled to the lowest level in nearly 7 weeks on November 12 as investors piled into risk assets on optimism over the US growth prospects with Trump at the helm

ACME Solar listing: Shares make poor debut on bourses at Rs 251 on NSE

ACME Solar shares opened lower on bourses at Rs 259 on BSE lower than Street's expectations

What to do with Nifty Energy & FMCG today; Ravi Nathani suggests

Nifty Energy is currently trading near critical support levels, around 37,700 and Nifty FMCG is showing a clear downtrend on the charts, with a key support level anticipated around 55,900

Stocks to watch, November 13: Eicher Motors, Nykaa, BSE, RIL, IndiGo, MTNL

Stocks to watch, November 13: Here are few stocks that will be in limelight for today's session

Orchid Pharma up 7% after good Q2 show; PAT up 26%, revenue rises 12%

The Earnings before interest, tax, depreciation, and amortisation (Ebitda) for the second quarter stood at Rs 30 crore as compared to Rs 24 crore a year ago which implies a rise of 25 per cent

Uno Minda rises 6% after reporting Q2 results; PAT up 9%, revenue up 17%

The company recorded a revenue of Rs 4,245 crore, up 17.2 per cent, as compared to Rs 3,621 crore a year ago

Inox India gains 4% on bagging LNG tanks & regasification order in Bahamas

The terminal will feed natural gas to the independent power producer's (IPP) 60 MW combined cycle power plant being set to provide shore power to Cruise Ships at the Nassau Cruise Port

Triveni Turbine share price jumps 12% on posting 42% rise in Q2 profit YoY

In Q2 FY25, order booking grew 25 per cent year-on-year (Y-o-Y) to Rs 572 crore driven by export order booking which increased 50 per cent YoY to Rs 304 crore

Why Domino's operator Jubilant FoodWorks rose 8% despite 32% fall in Q2 PAT

On Monday, after market hours, Jubilant Foodworks reported a consolidated net profit of Rs 66.53 crore in the second quarter as compared to Rs 97.2 crore a year ago, down 31.5 per cent

Stocks to watch, Nov 12: SBI, Britannia, Nykaa, Hindalco, ONGC, IRFC, LIC

Stocks to watch, Nov 12: Here are few stocks will be in focus for today's session

Ravi Nathani decodes trading strategy for Nifty IT, auto; Check key levels

The Nifty IT Index is exhibiting a bullish trend on the charts, while Nifty Auto is indicating that any decisive move above or below 24,250 and 23,250 levels could signal a new trend direction

Investors subscribe Niva Bupa IPO 1.80 times offer size on closing day

The Initial Public Offering (IPO) received bids for 31,13,62,800 shares against 17,28,57,143 shares on offer, as per NSE data

SBI share price muted today after Q2; brokerages maintain target price

SBI share price: Even if the Reserve Bank of India cuts repo rate, the impact on NIM should be negligible due to the recent hike in MCLR by 30bp, analysts said

G R Infra rises 3% on emerging L1 bidder for BSNL's Bharat Net project

The contract is worth Rs 867.54 crore and has to be executed within three years of execution