The FinTech Hub
Source: Live Mint Mumbai [India], : Indian stock markets on Wednesday opened lower despite mixed global cues and uncertainties and US tariff concerns announced by President Donald Trump. At the opening of the trading session today, the BSE Sensex was down, opening at 75,787.27. The Nifty 50 at the National Stock Exchange opened in red…
Source: Live Mint Shares of Senco Gold extended their sharp decline on February 17, tumbling nearly 15 percent to its 52-week low after the jewellery retailer reported a steep drop in profitability for the December quarter (Q3FY25). This follows a 20 percent decline in the previous session on February 14, bringing the total two-session loss…
Source: Live Mint Ajax Engineering IPO listing: Ajax Engineering shares make a weak debut on Monday, February 17, listing at ₹576 on NSE, a discount of 8.43 percent versus its IPO price of ₹629. Meanwhile, on BSE, it listed at ₹593, down 5.7 percent from IPO price. Ajax Engineering s initial public offering (IPO), valued…
Source: Live Mint Shares of Vakrangee, a LIC-backed penny stock, were locked in their 5 percent upper circuit at ₹16.71 on Friday, February 14, following the Reserve Bank of India’s (RBI) decision to renew its authorisation for White Label ATMs. This marked the second consecutive session that the stock hit its upper circuit. In an…
Source: Live Mint ITI Q3 Results: State-run telecom equipment manufacturer ITI posted strong results for the quarter ended December 31, 2024 (Q3FY25). It reported a net loss of ₹48.9 crore for the quarter, significantly improving from the ₹101.3 crore loss recorded in the same quarter of the previous fiscal (Q3FY24). Meanwhile, the company’s revenue from…
Source: Live Mint Shares of Vakrangee, one of India’s largest last-mile distribution platforms, surged 4.95% in intraday trade on February 13 to reach ₹15.92 per share, its upper price band, after the company announced that the Reserve Bank of India (RBI) had renewed its authorisation for White Label ATMs. In an exchange filing on Wednesday,…
Source: Live Mint Natco Pharma Q3 Results: NATCO Pharma Ltd reported a sharp decline of 37.75 percent in consolidated net profit for the December quarter, primarily impacted by a downturn in formulations exports. The company’s consolidated net profit stood at ₹132.4 crore in Q3 FY2025, a drop from ₹212.7 crore recorded in the corresponding quarter…
Source: Live Mint Imagicaaworld Entertainment shares climbed over 8 percent on Wednesday, February 12, after the company informed the bourses about its board’s approval for a fundraise amounting to ₹345.19 crore through a preferential issue. It also announced strong results for the quarter ended December 2024 (Q3FY25). Fundraising Details The company announced that the fundraise…
Source: Live Mint Shares of pharma major Lupin rebounded from their day’s low after the company posted strong financial results for the quarter ended December 2024 (Q3 FY25). The stock initially fell by 3.2 percent to an intra-day low of ₹2,000.10 in early trade but later recovered by almost 6 percent, reaching day’s high of…
Source: Live Mint Shares of Eicher Motors fell nearly 7 percent in intra-day trading on Tuesday, February 11 post its December quarter results (Q3FY25) after global brokerage firm Goldman Sachs reduced its target price following the company’s Q3 FY25 earnings. Goldman Sachs maintained a ‘Buy’ rating on Eicher Motors but revised its target price downward…
