Budget Highlights: The personal taxation relief for the middle class should be positive for discretionary spend, particularly in autos, jewellery, travel and somewhat in real estate
The Indian government said people earning up to 1.28 million rupees ($14,791.53) per year will not have to pay any taxes, raising its threshold from 700,000 rupees
The Union Budget 2025-26 has exempted annual income up to Rs 12 lakh from income tax, boosting consumer spending and adding focus on urban consumption.
The management believes, that on account of ramp-up of existing products, Fermion contract, and potential commercialisation of another CDMO contract in FY26E, Ami has strong revenue visibility.
Benchmark equity indices BSE Sensex and NSE Nifty50 were higher for the fourth straight day in the run-up to the presentation of the Budget 2025-26
Metropolis Healthcare, Alembic Pharma and Tejas Networks are the other 3 stocks to witness a 'Death Cross' on the chart in recent days; technically this is a negative development for these stocks.
Shares of Blue Jet Healthcare hit a new high of Rs 695.55, and were locked in the 10% upper circuit after the firm reported robust earnings in the December quarter.
For Q4 the management guided for 7-8% YoY volume growth in grey cement. Meanwhile, analysts expect a growth rate of at least 10% YoY in FY26.
Advance-decline ratio down at two-year low of 0.82
Benchmark indices, along with some sectoral indices gained on Tuesday after the Reserve Bank of India (RBI) on Monday announced a measures to address tight liquidity conditions in the banking system
Benares Hotels hit a new high of Rs 10,990, rallied 15% on expectations of record revenue in March quarter, due to strong domestic demand on account of Kumbh Mela and related travels in the UP region.
In a year, index has risen by 6.2%, while EPS is up by 19.2%
Shares of MPS hit a record high of Rs 2,513.40, as they rallied 14 per cent on the BSE in Friday's intra-day trade in otherwise weak broader market.
Management guides FY25E revenue growth of 18 per cent plus YoY, as orders from assembly segment (higher margin product) have gradually increased its share in the order book.
Till 03:22 PM; a combined 19.16 million equity shares changed hands and there were pending buy orders for 3.19 million shares on the NSE and BSE.
Goldiam is geared to expand ORIGEM's footprint with an aggressive retail launch strategy across key locations, positioning it to capture a larger share of the lab‐grown diamond jewellery market.
Shares of Atlas Cycles (Haryana) were locked in the upper circuit for the 10th straight day, up 10 per cent at Rs 112.78 on the BSE in Friday's intra-day trade.
Shares of Toss The Coin hit a new high of Rs 842.55, zooming 363 per cent against its issue price of Rs 182 per share on the BSE.
In its Q3 update, released on Tuesday after market hours, Sobha reported a 28.8 per cent decline in year-on-year (Y-o-Y) total sales to Rs 1,388.6 crore as compared to Rs 1,951.6 crore a year ago
In past two consecutive calendar years, the stock price of PTC Industries has more-than-doubled with 137% rally in CY23 and 124% surge in CY24.