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…
After refuting reports of declining sales for February 2025, Ola Electric’s stock price increased by 6%. The business promised that sales would continue to be high and that a backlog would be promptly cleared, attributing registration delays to vendor talks. Ola Electric Share Price Today: Following the company’s denial of claims of a sharp decline…
Following Bain Capital’s announcement of a ₹4,385 crore investment for an 18% stake, Manappuram Finance’s share price increased by more than 5% in morning trading on March 21. The stock rose from ₹226.50 to ₹228.60. Manappuram Finance Share Price: A day after the company announced that Bain Capital would spend ₹4,385 crores to purchase a…
After Rajeev Jain was promoted to Vice Chairman and Anup Kumar Saha was named MD, Bajaj Finance’s stock increased by 4% to a record high of ₹9,070. Citing stability in leadership and anticipated improvements in financial performance, brokers increased their price estimates. Bajaj Finance Garners Multiple Price Target Upgrades: On Friday, March 21, Bajaj Finance…