The FinTech Hub
Source: Live Mint Waaree Energies Q2 Results: Waaree Energies Limited announced their July to September quarter results on Monday, November 18. The company recorded a 17 per cent rise in net profits to ₹375.65 crore in the second quarter of the financial year 2024-25, compared to ₹320.12 crore in the same quarter the previous year,…
Source: Live Mint IPO buzz fizzling out: Despite the ongoing excitement surrounding initial public offerings (IPOs), a sense of fatigue appears to be creeping into the IPO market recently. So far in November, Afcons Infrastructure Ltd (2.6x), Sagility India Ltd (3.2x), Swiggy Ltd (3.6x), ACME Solar Holdings Ltd (2.8x), and Niva Bupa Health Insurance Company…
Source: Live Mint Zinka Logistics Solutions IPO: The Flipkart-backed initial public offering (IPO) of Zinka Logistics Solutions Limited opened for subscription on Wednesday, November 13, and closed after the market session on Monday, November 18. The IPO was subscribed 1.86 times on the third and final day of the bidding process, as investors bid for…
Source: Live Mint Indian Inc reported a disappointing performance for the September quarter (Q2FY25), with several companies posting weaker-than-expected results. This underwhelming performance triggered a sharp selloff in the equity markets, raising investor concerns about a potential slowdown in the Indian economy. The weak earnings have also dampened the sentiment of overseas investors, who have…
Source: Live Mint Reliance share price: Shares of India’s largest company by market capitalisation, Reliance Industries, have underperformed the Nifty 50 over the past year. While Reliance’s stock has gained 7 per cent, the Nifty 50 has delivered a significant 19 per cent return during the same period. However, experts believe Reliance could be poised…
Source: Live Mint The Indian market closed in the red once again on November 18, extending its losing streak to a seventh consecutive session. This marks the longest losing streak since February 2023, as the bears appear to have a firm grip on the market, leaving little room for the bulls to make a move. …
Source: Live Mint Multibagger BSE SME stock Hazoor Multi Projects hit the 5 per cent upper circuit limit on Monday, November 18 following its Q2 results for the financial year 2024-25 (FY25). The stock defied the weak market mood, and was locked at ₹53.25, its upper price band. The company on Thursday, November 14, posted…
Source: Live Mint Bharat Global Developers share price was locked in at 5% upper circuit on Monday after the company announced a bonus issue of shares along with a stock split. Bharat Global Developers shares were frozen at its 52-week high of ₹1,210.40 apiece on the BSE. Bharat Global Developers Bonus Issue Bharat Global Developers…
Source: Live Mint NTPC Green Energy IPO: The initial public offering (IPO) of state-run NTPC Green Energy Ltd is set to hit Dalal Street on Tuesday, November 19. The renewable energy company, NTPC Green Energy is a subsidiary of NTPC Ltd and plans to raise ₹10,000 crore from the primary market. NTPC Green Energy IPO…
Source: Live Mint Delhivery share price rallied nearly 4% on Monday after the logistics company reported net profit for the second quarter in a row. Delhivery shares gained as much as 3.93% to ₹343.35 apiece on the BSE. Delhivery reported a consolidated net profit of ₹10.2 crore in the second quarter ended September 30, as…
