Shares of IndusInd Bank ended flat on Friday after dropping nearly 6 per cent earlier in the day as the firm said its Internal Audit Department (IAD) found "unsubstantiated balances" of Rs 595 crore in "other assets" of its balance sheet, and has also examined the roles of key employees in this lapse. The stock tanked 5.68 per cent to Rs 735.95 during the morning trade on the BSE. Later, at the fag-end of the trade, the stock managed to settle in the green, up 0.26 per cent at Rs 782.30. At the NSE, shares of the firm ended at Rs 784.70, up 0.53 per cent after dropping 3.90 per cent to Rs 750 in morning trade. In a regulatory filing on Thursday, IndusInd Bank said this balance was, later in January 2025, set off against corresponding balances appearing in "other liabilities" accounts. It said following receipt of a whistleblower complaint, the IAD was asked by the audit committee of the board to review transactions recorded in "other assets" and "other liabilities". This was in ...
Sensex Today | Stock Market Highlights on Friday, May 16, 2025: The Nifty Smallcap100 and Nifty Midcap100 indices closed with gains of 1.86 per cent and 0.94 per cent, respectively
Here is the complete list of stocks that will remain in focus during next week as they are set to trade ex-dividend date
Eureka Forbes share price was buzzing in trade on the back of a healthy March quarter of financial year 2025 (Q4FY25) results.
BLS International Services' consolidated profit after tax (PAT) zoomed 69.9 per cent year to Rs 145.2 crore in the March quarter of financial year 2025 (Q4FY25), from Rs 85.5 crore in Q4FY24.
The surge was led by names like Titagarh Rail, RVNL, IRFC, and BEML. Titagarh Rail Systems emerged as the top gainer, jumping 10.72 per cent to close at ₹895.85, followed by RVNL, which climbed 10.45
In three days, the stock price of Cochin Shipyard surged 30% on media reports, HD Hyundai & Cochin Shipyard is in talks for ₹ 10,000 crore project.
Kaynes Technology share price zoomed after the company posted strong results in the fourth quarter of financial year 2025 (Q4FY25).
Bharti Airtel reported a net profit of ₹11,022 crore for the fourth quarter of FY 2024-25 (Q4FY25), marking a 432 per cent surge from ₹2,071.6 crore in the same period last year (Q4FY24).
At 9:17 AM, IndusInd Bank share price was off day's low, and was trading 2.39 per cent lower at ₹761.65 per share. In comparison, BSE Sensex was trading 0.17 per cent lower at 82,392.63 level.
Defence sector stocks shine as investor interest rises after showing of India-made armaments and systems during the recent Operation Sindoor
KRN Heat Exchanger's wholly owned subsidiary has been granted the incentive of ₹141.72 crore from the Performance Linked Incentive (PLI) Scheme for white goods.
In terms of geographical footprint, the US remained 3i Infotech's largest market, accounting for 46 per cent of total revenue, with India following closely at 43 per cent of total revenue.
At 11:20 PM, Marksans Pharma shares pared gains and were trading merely 0.08 per cent higher at Rs 238 per share. In comparison, BSE Sensex was trading 0.10 per cent lower at 81,247.08 level.
Coforge and Vesuvius have rallied up to 29% post announcement of stock split; technical charts suggest these 2 stocks could rally another 16% from present levels.
Remsons Industries share price zoomed after the company announced that it secured an order worth ₹300 crore ($35 million) from Stellantis North America.
After market hours on Wednesday, the smallcap civil construction company posted its fourth quarter (Q4FY25) numbers
Dominos' chain operator share price fell after the company posted a mixed bag of results in the fourth quarter of financial year 2025 (Q4FY25)
At 9:27 AM, Tata Power shares were trading 0.08 per cent lower at ₹396.70. In comparison, BSE Sensex was trading 0.28 per cent lower at 81,100.55 level.
Raymond proposed to demerge its realty business in July 2024. According to the company, the move would unlock the value for shareholders and harness growth potential in the Indian real estate market