The FinTech Hub
Source: Live Mint Dalal Street seems to be caught in a bearish grip, with the Indian stock market witnessing a sharp correction for over a month now. Both Sensex and Nifty 50 have taken a tumble, shedding over 10% each from their record highs – enough to make even the boldest bulls a little jittery….
Source: Live Mint Kalyan Jewellers Ltd., headquartered in Thrissur, Kerala, released its earnings report for the September quarter, revealing a decline in both net profit and profit margins year-on-year. The jewelry retailer reported a net profit of ₹130 crore, reflecting a 3.3 percent decrease from ₹134.8 crore in the corresponding period of the previous year….
Source: Live Mint Zinka Logistics IPO: The initial public offering for Zinka Logistics Solutions Ltd, a digital platform catering to truck operators, has commenced subscription today (Wednesday, November 13). While the issue is experiencing a sluggish start, it aspires to succeed like other offerings throughout the week. On Tuesday, Zinka Logistics attracted over ₹501 crore…
Source: Live Mint Aditya Vision share price jumped over 9% on Wednesday after the company reported decent earnings for the second quarter of FY25. The multibagger smallcap stock, Aditya Vision shares rallied as much as 9.23% to ₹469 apiece on the BSE. The electronics retail chain operator Aditya Vision reported a net profit of ₹12.21…
Source: Live Mint Once a penny stock, Lorenzini Apparels has emerged as a remarkable success story on Dalal Street. The stock has transformed from a penny stock to a multibagger, delivering impressive returns to investors. Its performance highlights the potential for penny stocks to generate significant value, although it also underscores the associated risks involved…
Source: Live Mint Shares of KNR Constructions, a leading provider of engineering, procurement, and construction (EPC) services, surged 14.31% in intraday trading on Wednesday, November 13 to a three-week high of ₹324.65 per share. The stock rally followed the company’s strong performance in the quarter ending September. KNR reported an 87% year-on-year (YoY) increase in…
Source: Live Mint Nykaa share price jumped over 5% in early trade on Wednesday after the company reported strong Q2 results. Nykaa shares rallied as much as 5.74% to ₹187.85 apiece on the BSE. FSN E-Commerce Ventures, the operator of fashion and beauty retailer Nykaa, reported a net profit growth of 72% year-on-year (YoY) to…
Source: Live Mint Niva Bupa Health Insurance IPO Allotment: The bidding period for the initial public offering (IPO) of Niva Bupa Health Insurance Ltd has ended with decent subscription. Applicants now watch out for Niva Bupa Health Insurance IPO allotment which is expected to be finalised today. The public offer was open for subscription from…
Source: Live Mint Breakout stocks to buy or sell: The Indian stock market witnessed a tough Tuesday day as investors switched back to their sell-on-the-rise strategy after showcasing optimism in the early morning session. The Nifty 50 index closed 1.07 per cent at 23,883, the BSE Sensex index closed 1.03 per cent lower at 78,675,…
Source: Live Mint F&O ban list: The National Stock Exchange (NSE) banned trading in five stocks on Wednesday, November 13, in the futures and options (F&O) segment as they exceeded 95% of the market-wide position limit (MWPL). However, these stocks will be available for trading in the cash market. The NSE updates the list of…
