Equity benchmark indices, including the Sensex and Nifty 50, fell sharply from their highs to close lower on March 10, as US futures suggested a weak start for Wall Street.
3 min read10 Mar 2025PTC India shares rose 3.5% to ₹149.20 after ONGC’s acquisition of PTC Energy for ₹925 crore. PTC Energy operates 288.80 MW of wind capacity across India. Despite a previous 42% decline, the stock is recovering, gaining nearly 7% this month.
1 min read5 Mar 2025MTNL shares surged nearly 10% on February 10 after reports of a ₹6,000 crore funding approval for BSNL’s 4G expansion by the Union Cabinet. This financial support is expected to boost capital expenditures for both BSNL and MTNL.
1 min read10 Feb 2025Shares of Sigachi Industries surged over 7% on January 20 after reporting a 27.36% increase in net profit for Q3 FY25, reaching ₹20.51 crore compared to ₹16.10 crore a year earlier.
1 min read20 Jan 2025Shares of Azad Engineering surged 9.5% to ₹1,732 after the company secured a ₹960 crore contract with GE Vernova. The stock has gained 75% in the last year, reflecting strong financial performance and consistent order wins.
2 min read16 Jan 2025Nazara Technologies shares rose 4% to ₹938 after Fusebox Games partnered with Banijay Rights to develop Bigg Boss Interactive Fiction Game. Over the last nine months (including the current month), the company shares have gained 45%.
2 min read15 Jan 2025Shoppers Stop shares rose 11% to ₹688.70 after a strong Q3 report, recording a 37% YoY profit increase. The beauty segment grew by 3%, and the company opened 16 new stores. CEO Kavindra Mishra highlighted resilience amid economic challenges and a focus on profitable growth.
2 min read15 Jan 2025Adani group companies experienced significant buying activity on January 14, with all stocks showing positive movement. Adani Power emerged as the best performer, rallying a whopping 18%.
2 min read14 Jan 2025Anand Rathi Wealth shares rose 7.5% after the company announced its board will consider a bonus share issue on January 13, 2025. This potential issuance could mark the company’s first bonus shares.
2 min read9 Jan 2025PTC Industries shares rose 9% on January 3, reaching ₹14,466 after Aerolloy Technologies commissioned a VAR furnace for aerospace-grade titanium alloy production. This enhances the company’s capabilities in aerospace and defense applications.
2 min read3 Jan 2025The 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