At 11:57 a.m. ET, the Dow Jones Industrial Average rose 0.58 per cent, the S&P 500 gained 0.14 per cent, the Nasdaq Composite lost 0.19 per cent
1 min read11:19 PM ISTExpert view: Mohit Khanna anticipates the Union Budget 2025 will prioritize youth, women, the poor, and farmers, with increased spending on rural housing, irrigation, and employment-linked incentives.
4 min read08:05 PM ISTDr Reddy’s Laboratories reported a 2% YoY increase in PAT to ₹1,413.3 crore for Q3 2024, driven by a 16% rise in revenue to ₹8,358.6 crore. The company invested ₹6.7 billion in R&D, focusing on complex generics and biosimilars.
1 min read05:50 PM ISTKaramtara Engineering Ltd filed a DRHP with SEBI for an IPO, seeking ₹1,350 crore in fresh equity and ₹400 crore from existing shareholders. The funds will support debt repayment and general corporate initiatives.
1 min read04:10 PM ISTThe Nifty 50 and BSE Sensex closed higher, supported by IT and cement sectors, while broader markets recovered from recent selling pressure. Shares of Ultratech Cement soared nearly 7%.
2 min read03:37 PM ISTEPack Prefab Technologies has filed a draft red herring prospectus with SEBI for an IPO. Funds raised from the fresh share sale will be used for capex and debt repayment.
2 min read03:38 PM ISTThe US healthcare system under Trump 2.0 are likely to benefit Indian players, except for the push for increased US drug production. It said that expanding US drug manufacturing on a large scale is a counter-intuitive move, as it would likely lead to higher drug prices.
4 min read03:01 PM ISTBudget 2025: The Union Budget announcement on February 1 is crucial for investors, with expectations for increased capital spending and support for infrastructure. Bajaj Broking identifies key sectors poised for growth, including energy, housing, and consumer markets.
4 min read02:33 PM ISTDr Lal PathLabs will announce its Q3 results for FY25 on January 30, 2025. The Board of Directors will also discuss a third interim dividend for the financial year.
1 min read02:31 PM ISTMultibagger IPO: BSE SME stock Kaka Industries Ltd gives 380% returns against issue price. The shares were listed in July 2023 and have seen stock price rise regularly
2 min read02:05 PM ISTThe Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared
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