Bajaj Auto investors get a demand reality check

Bajaj Auto investors get a demand reality check

Source: Live Mint MUMBAI : Bajaj Auto Ltd’s shares fell 11% on Thursday after its management painted a sombre picture of domestic two-wheeler demand for the ongoing festive season while announcing the September quarter results (Q2FY25). Of course, it didn’t help that the stock’s valuations had become steeper thanks to the strong 70% gain seen…

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Usha Financial Services IPO to open on Oct 24 at price band of  ₹160-168; firm raises  ₹20 cr ahead of public offer | Stock Market News

Usha Financial Services IPO to open on Oct 24 at price band of ₹160-168; firm raises ₹20 cr ahead of public offer | Stock Market News

Source: Live Mint Upcoming IPO 2024: Non-banking finance company (NBFC) Usha Financial Services’ initial public offer (IPO) is set to hit the primary market next week. The ₹98.45 crore public offer will open for subscription on Thursday, October 24 and close on Monday, October 28. Usha Financial Services IPO price band has been fixed in…

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Sensex drops for third consecutive session; investors lose  ₹6 lakh crore in a day; key factors driving the market down | Stock Market News

Sensex drops for third consecutive session; investors lose ₹6 lakh crore in a day; key factors driving the market down | Stock Market News

Source: Live Mint Stock market today: Indian stock market benchmarks- the Sensex and the Nifty 50- closed in negative territory for the third consecutive session on Thursday, October 17. Sensex closed with a loss of 495 points, or 0.61 per cent, at 81,007, while the Nifty 50 ended 221 points, or 0.89 per cent, lower…

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Freshara Agro Exports IPO Day 1: Latest GMP, subscription status, listing date & other details about SME IPO | Stock Market News

Freshara Agro Exports IPO Day 1: Latest GMP, subscription status, listing date & other details about SME IPO | Stock Market News

Source: Live Mint Freshara Agro Exports IPO day 1: The initial public offering (IPO) of Freshara Agro Exports, a company specialising in the exports of processed gherkins and pickled vegetables, opened for bidding on Thursday, October 17. The issue has already received a strong response from investors. As of 02:30 p.m., the issue was booked…

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Infosys Q2 results: IT major announces dividend of  ₹21; check record date, other details | Stock Market News

Infosys Q2 results: IT major announces dividend of ₹21; check record date, other details | Stock Market News

Source: Live Mint Infosys’ board has announced an interim dividend of ₹21 per share for eligible shareholders alongside its second-quarter results, setting October 29 as the record date for this purpose. The company has additionally set November 9 as the dividend payout date. “The Board of Directors of the Company at their meeting held on…

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Infosys, Wipro ADRs down 3% on NYSE after Q2 results even as S&P, Dow drift near record-highs | Stock Market News

Infosys, Wipro ADRs down 3% on NYSE after Q2 results even as S&P, Dow drift near record-highs | Stock Market News

Source: Live Mint American Depository Receipt (ADR) shares of Infosys and Wipro witnessed a sharp decline on the New York Stock Exchange (NYSE) after revealing its July-September quarter results for fiscal 2024-25 (Q2FY24). Infosys ADR crashed three per cent to $21.6 on the American stock exchange even after the IT major hiked its revenue guidance….

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