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Source: Live Mint Shares of Havells India Ltd have fallen 6% after the company’s lacklustre September quarter (Q2FY25) results, weighed down by rising costs in raw materials, staffing, and advertising & promotion (A&P). The company, which reported earnings announced last week, saw its revenue grow 16.5% year-on-year. Ebitda growth, however, remained under 2%, prompting analysts…
Source: Live Mint The NSE SME-listed stock Blue Pebble Limited has provided impressive returns to its investors, becoming a multibagger just six months since its market debut. The stock, which debuted at an 18 per cent premium in April 2024, has soared 126 per cent as of today over its IPO price of ₹168. The…
Source: Live Mint Deepak Builders & Engineers IPO: The initial public offering (IPO) of Deepak Builders & Engineers India opened for subscription on Monday, October 21, and will remain so till Wednesday, October 23. The ₹260.04 crore book-built issue, which has a price band fixed at ₹192 to ₹203 per share, is witnessing a decent…
Source: Live Mint Multibagger penny stock: Shares of Sarveshwar Foods surged nearly 10 per cent in intra-day trading on Monday, October 21 after the company posted impressive financial results for the quarter ended September 2024 (Q2FY25). The microcap FMCG firm, which focuses on organic products, has shown significant growth in both revenue and profit, attracting…
Source: Live Mint The Bank Nifty, which has lagged behind broader indices over the past few months, is showing signs of resurgence. A strong performance by HDFC Bank and Axis Bank, coupled with a mixed showing from Kotak Mahindra Bank, suggests the index could lift the markets in the coming sessions. Although rising deposit rates…
Source: Live Mint Nifty 50 Stock Price Live Updates: At 08:30 Nifty 50 was trading at 24854.05 (0.42%). Today Nifty 50 has been trading in the range of 24886.2 to 24567.65. Nifty futures are at 24949.15 (0.0%) & with an open interest change of -2.09% which indicates Price Increase is due to short sellers covering…
Source: Live Mint Indian stock market: The domestic equity market benchmark indices, Sensex and Nifty 50, are expected to open on a cautious note on Monday amid mixed global market cues. Asian markets traded mostly lower, while the US stock market ended higher last week, with the Dow Jones Industrial Average and S&P 500 posting…
Source: Live Mint Breakout stocks to buy or sell: After facing the selling heat for three straight sessions, the Indian stock market witnessed some buying interest in the Friday session. The Nifty 50 index finished 104 points higher at 24,854; the BSE Sensex ended 218 points up at 81,224, whereas the Bank Nifty index gained…
Source: Live Mint The annual festival season that typically sees a scramble for gold may see a fall in demand this time, the first in four years, as runaway prices put the yellow metal out of reach for many Indians. Gold price nearing ₹80,000 per 10 gm has curbed new purchases and turned customers to…
Source: Live Mint On Wall Street in the week ahead, the focus of the investors will be mostly on the earnings reports. The week will see quarter results from high profile companies such as electric vehicle maker Tesla, planemaker Boeing, telecom giant Verizon, industrial heavyweights GE Aerospace and Honeywell. On the economic data front, market…
