The FinTech Hub
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 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 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…
Source: Live Mint PNB Q3 Results: Punjab National Bank (PNB) on Friday, January 31 posted strong results for the quarter ended December 2024 (Q3FY25). It reported a standalone net profit of ₹4,508.21 crore in the quarter ended December 2024, recording a substantial growth of 103 percent from ₹2,222.8 crore, in the year-ago quarter. Sequentially, it…
Source: Live Mint Railway stocks to buy on Budget 2025 date: Union Finance Minister Nirmala Sitharaman is set to announce the Union Budget for the financial year 2025-26 on Saturday, February 1. Stock market experts shed light on railway stocks to buy on Budget Day. Also Read | Budget 2025-26: Will Nirmala Sitharaman deliver a…
Source: Live Mint Adani Group stock Ambuja Cement announced its December quarter results on Wednesday, January 29, 2025. The cement company posted a net profit of ₹1,758.03 crore, soaring multifold, over 242 percent as against ₹513.68 crore in the same period last year. Sequentially as well, the profit surged 251 percent from ₹500.66 crore in…
Source: Live Mint State-owned oil PSU Oil India Ltd (OIL), known for its consistent dividend payouts, announced that it will release its December quarter (Q3FY25) financial results on February 7, 2025. The company has scheduled a board meeting to discuss and approve the unaudited financial results for both the quarter and nine-month periods ending December…
Source: Live Mint Shares of tyre manufacturer CEAT fell over 7 percent on Thursday, January 16, after the company reported a 46.5 percent year-on-year (YoY) decline in net profit to ₹97.1 crore for the third quarter ended December 31, 2024. The company attributed the decline to high raw material costs. In the same period last…
Source: Live Mint Shares of Easy Trip Planners Ltd., the parent company of the online travel aggregator EasyMyTrip, witnessed a significant 15 percent surge on Monday, January 6, following an announcement by its Chairman, Nishant Pitti, that no further stake sales by any promoters would occur in the future. Pitti took to X (formerly Twitter)…
