Company’s Q1 net profit increased by 1618.53% on a YOY basis. Markets are trading positively for the third consecutive day. At 11:42 am, S&P BSE Sensex is trading at 57329 with 0.83% gain. Talking about stock-specific action, GMM Pfaudler is

Things change quite rapidly in terms of stock market perceptions. Just a couple of months back, Paytm was a stock that everyone wanted to avoid. Suddenly, it has become the apple of all eyes. One thing that has worked in their favour is that the hold

It is hard to keep an Adani company and the capital market away from each other for too long. After listing seven of its companies, including Adani Wilmar, Adani group may be all set to list its NBFC arm, Adani Capital also on the bourses. However, t

It could be the biggest news on the green hydrogen story in India. ReNew Power, the company headed by the redoubtable Sumanth Sinha, has just inked a preliminary agreement with the Egyptian government under which ReNew Power will invest a sum of $8 b

It is said that stock splits are normally value neutral. It does not make a difference whether you hold 5 shares of par value 10 or 50 shares of par value 1. The net impact on value is still zero. However, the value of the company does get influenced

Amidst widespread buying, the Sensex and Nifty50 rise by 1%, with Infosys, Reliance, and TCS contributing the most gains. Early on, there was a lot of purchasing in the important index prices, and the major equity indices went strongly higher. Nif

The Nifty rallied 1.73% on Thursday and it managed to close above the 16900 make. The benchmark index gained over 500 points from Wednesday's low. Thursday's huge gap opening, on the day of the monthly expiry, came as a surprise! Interestingly, Th

It looks like the cup of woes for SpiceJet is overflowing with more problems on hand. In the latest development, the Directorate General of Civil Aviation (DGCA) instructed SpiceJet to operate only 50% of its flights over the next eight weeks till th

There seems to be a subtle shift happening in the BPCL story. Till about a couple of months back, the government went all out to exit its 52.98% stake in BPCL. However, with the plan not working out, it has decided to make fresh investments in the co

Domestic equity bourses Sensex and Nifty settled in the green territory on Thursday, closing at a 3-month high, led by a recovery in financial services, information technology and index heavyweight Reliance Industries stocks. The Indian equity mar

On the 27th of July, the FOMC issued its statement after the conclusion of the 2 day meeting of the Federal Reserve members. Even before the FOMC meet began, the debate was all about whether the Fed would hike the rates by 75 bps or by 100 bps. Event

Mindtree has surged over 5% as mid-cap IT stocks become a hot topic on July 28. With the Indian indices rallying due to positive global cues, the IT stocks have seen strong demand from cheered-up investors. The stock of Mindtree is one of the buzz