The FinTech Hub
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 ICICI Bank announced several updates to its credit card fees, set to begin on November 15, 2024. The changes cover finance charges, late payment fees, and additional transaction fees for education, utilities, and fuel. These adjustments come as ICICI Bank aims to streamline its charges in line with industry trends and 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…
Source: Live Mint Chinese courts, meanwhile, are developing an AI system comprising “non-human judges”, designed to offer comprehensive support, enhancing legal services and reinforcing justice across “smart courts” by next year. Closer home, former chief justice of India D.Y. Chandrachud, just days before his retirement on 11 November, tested the acumen of an AI “lawyer”…
Source: Live Mint IPO News Today Live Updates: Navigate the dynamic world of initial public offerings with our dedicated IPO News section. Here, we bring you the latest updates on companies stepping into the public market, offering insights into their financial strategies, valuation, and market reception. Whether you’re an investor looking for new opportunities or…
Source: Live Mint Nykaa Q2 Results: FSN E-Commerce Ventures, the operator of the Nykaa brand, announced on Tuesday a consolidated net profit (attributable to equity shareholders of parent) of ₹10.04 crore for the quarter that concluded on September 30, 2024 (Q2FY25), marking an increase of 71.6% compared to ₹5.85 crore it recorded during the same…
