On Monday, March 24, Divine Hira Jewellers’ shares began the day flat, listing on the NSE SME at ₹90 per share, which was the offering price. But as the trade went on, the stock lost ground, and as of 10.15 am, it was trading at a 5% lower price band of ₹85.50. The IPO of…
Following the announcement that its step-down wholly-owned subsidiary, Nauyaan Tradings Private Limited (NTPL), had completed the purchase of a 74% equity stake in Nauyaan Shipyard Private Ltd (NSPL) from Welspun Corp Limited for ₹382.73 crore, Reliance Industries’ share price increased by more than 1% during Monday’s trading session. Shares of Reliance Industries were trading at…
Banks and energy firms helped India’s main indexes start the week on a high note, putting them on track for a sixth straight session of gains. As of 10:23 a.m. IST on Monday, the NSE Nifty 50 and BSE Sensex were up about 1% at 23,547.95 and 77,554.59, respectively. Small-cap and mid-cap stocks increased by…
The five major dividend equities that will announce interim dividends in April through May 2025 are Infosys Ltd., HDFC Bank Ltd., UltraTech Cement Ltd., Asian Paints Ltd., and Coforge Ltd. Dividend Stocks 2025: Five dividend stocks—Infosys Ltd., HDFC Bank Ltd., UltraTech Cement Ltd., Asian Paints Ltd., and Coforge Ltd.—will announce interim dividends from April through…
Concerns over the speed of a significant turnaround at the sportswear behemoth under new CEO Elliott Hill were raised by a warning of another quarter of declining sales, which caused Nike shares to finish down 5.7% and hit a five-year low on Friday. Due to lower discretionary spending in China, the firm announced a 17%…
Following remarks by U.S. President Donald Trump that gave investors confidence that previously announced tariffs that were supposed to start in early April would not be as onerous as anticipated, the S&P and Dow managed to scrape out little gains on Friday, wiping out earlier losses. Trump stated that tariffs will be loosened and that…
At a time when domestic equity ownership has been gradually increasing, the capital market regulator has stepped up its assault on social media accounts that deceive investors, removing almost 70,000 of them in the last six months. Sebi stated that stopping fraudulent activity by unregistered advisers becomes a top concern since domestic mutual fund inflows…
The agreement calls for Bajaj Finserv to purchase around 1.01% of each business, Bajaj Holdings and Investment Ltd. to provide 19.95%, and Jamnalal Sons Pvt. Ltd. to 5.04%, for a total of 26% of both companies. Bajaj Finserv Ltd stated that it would purchase Allianz’s entire 26% ownership in its joint insurance ventures, Bajaj Allianz…
Following the acquisition of a ₹2,470 crore order for a Pumped Storage Project by its joint venture with Tata Projects, Hindustan Construction Company’s shares increased 13.3%. This comes after another contract victory for a metro rail project for ₹2,191 crore. Stock Recovers 15% in March: After its joint venture with Tata Projects got an order…
Shortly after the Opening Bell, the price of LT shares rose from its opening price of ₹3,357 per share on the NSE to an intraday high of ₹3,376.30 per share. LT Fundraise News: The share price of Larsen & Toubro (LT) increased a little in the early morning session on Friday, ahead of the board…