The FinTech Hub
Source: Live Mint Precision Camshafts Q3 Results: Precision Camshafts Limited announced its October to December quarter results on Wednesday, February 12. The company recorded a ₹6.35 crore net loss for the third quarter of the financial year 2024-25, compared to a ₹24.46 crore net profit in the same quarter of the previous financial year. Read…
Source: Live Mint India’s second-largest private bank, ICICI Bank Ltd, announced on Wednesday, February 12, that its UK-based joint venture partner, Prudential Plc, is evaluating the potential listing of the asset management arm, ICICI Prudential Asset Management Company Limited, as per the BSE filing. According to the exchange filing, Prudential Plc will partially divest (sell…
Source: Live Mint Shares of Tata Motors, a leading global automobile manufacturer, have been maintaining a steady downward spiral in recent weeks, tumbling to levels not seen in many months. The stock, which consistently broke record highs between March 2023 and July 2024, is now becoming less appealing to investors, having declined for six consecutive…
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 Buy or sell stocks: Domestic equity benchmarks Sensex and Nifty 50 extended their losing streak for the fifth running day in the previous session to settle a two-week low dragged by across-the-board selling, unabated foreign fund outflows and fresh US tariffs reigniting global trade war fears. The 30-share BSE Sensex plunged by…
Source: Live Mint Readymix Construction IPO allotment: The allotment for Readymix Construction is expected to be finalised today, February 11. Investors can check their allotment status through the registrar, Bigshare Services, or on the NSE website. The IPO, which was open for subscription from February 06 to February 10, saw a healthy response from investors,…
Source: Live Mint The Indian stock market crashed on Tuesday, with the benchmark indices, Sensex and Nifty 50, slipping more than 1.5% each, amid heavy selling across the board. The rout was deeper in broader markets, as the Midcap 100 index and the Nifty Smallcap 100 indices slumped 4% each. All the sectors witnessed sharp…
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 The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to see a cautious opening despite positive global market cues. The trends on Gift Nifty indicate a flat-to-positive start for the Indian benchmark index. The Gift Nifty was trading around 23,480 level, a premium of nearly 20 points from the…
