Stockmarkets

• Honasa Shares Plunge 20% to 52-Week Low Amid Disappointing Q2 Results November 20, 2024
  Shares of Honasa Consumer, the parent company of popular FMCG brands like Mamaearth and The Derma Co, suffered a major setback, plunging 20% to a 52-week low in Monday’s trading session. This decline followed the announcement of disappointing second-quarter (Q2 FY24) results, where the company reported its first consolidated loss in five quarters, raising concerns […]
• Indian Stock Market: Key Developments Over the Weekend That Will Influence Monday’s Trade November 20, 2024
  An Indian stock market cautious start this week seems to be in store as a result of several factors materializing locally and internationally. Gift Nifty promises a weak opening; mixed global markets further add to the nervousness of investors. In today’s calendar, key triggers like geopolitical tensions, domestic elections, and macroeconomic indicators are in play. […]
• HDFC Bank Shares Rise After Santhosh Iyengar Keshavan Appointed as Independent Director November 20, 2024
  HDFC Bank is India’s largest private lender. It recently was in the news due to its announcement of the appointment of Santhosh Iyengar Keshavan as an Additional (Independent) Director on its board for three years. It appears that the strategic move done on 18 November during the HDFC Bank board meeting has infused investors’ optimism, […]
• NALCO, Hindalco Industries, and Vedanta Shares Surge Amid Aluminum Price Rally November 19, 2024
  The shares of Indian metal behemoths NALCO, Hindalco Industries, and Vedanta, otherwise struggling with weak year-to-date performances, jumped sharply to 7% on Monday, November 18. This was primarily attributed to a major rally in aluminium prices on a shift in policy from China on reducing export tax rebates. The move has upset global supply dynamics, […]
• MedPlus Health Shares Rally for 4th Session After ₹552-Crore Block Deal November 19, 2024
  Market attention towards MedPlus Health shares Services was maintained as its equity rally for the fourth consecutive session presented a very good start to trading. The stock was up by 3per cent at ₹726, led by a large block sell-off. A block deal saw 7% of the company’s equity or 78.9 lakh shares sold at […]
• UPL Board to Finalize Rights Issue Details on November 20: A Strategic Move Amid Market Volatility November 18, 2024
  The UPL Board will present its rights issue proposal on November 20. A very prudent move in the situation of market volatilities prevailing today. Asia’s largest agrochemical company, UPL Ltd., is moving to one of the most crucial board meetings scheduled for November 20, 2024. The meeting is aimed at finalizing all key features that […]
• Neelam Linens and Garments shares gained 66.87 percent on first day of listing on NSE SME November 18, 2024
  Neelam Linens and Garments shares, a name synonymous with premium home fashion and garment manufacturing, had a great listing on November 18, 2024. The shares were quoted at Rs 40.05 at the opening on NSE SME aftewas r it listed at the same price. Starting the IPO price at ₹24, the share rose 66.87% to […]
• Battle of Food Delivery Giants: Swiggy vs. Zomato November 18, 2024
  A fierce battle seems to prevail in the Indian food delivery market: two forces, Swiggy vs Zomato. In contrast, while Zomato has been a public firm since 2021-through its shares have more than doubled since listing-Swiggy is a newcomer to the stock market. The latest player to find their way to the local bourses in […]
• Glenmark Pharmaceuticals Reports ₹354 Cr Q2 FY25 Profit, Driven by Indian & European Growth November 18, 2024
  International Pharma player Glenmark Pharmaceuticals has been particularly brilliant with its performance reporting a consolidated PAT of ₹354.49 crore for the second quarter of FY25. This is not too far away from a loss of ₹180.3 crore it reported from the same quarter in the last fiscal year. The company ascribes its success to robust […]
• Eicher Motors has a target price of ₹5,299 with a bullish outlook. November 17, 2024
  Eicher Motors has been under the limelight because of its strong presence in the premium motorcycle segment and increasing reputation in the commercial vehicle market. The firm had maintained a “Buy” rating on the company with a target price of ₹5,299 in its most recently dated research report on November 14, 2024. Optimum prospects have […]