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22nd May 2024
The Securities and Exchange Board of India (SEBI), the country's capital markets regulator, has announced a revised methodology for calculating the market capitalization of publicly listed companies. The new amendment, effective December 31, 2024,
State-run Indian Renewable Energy Development Agency (IREDA) is contemplating the issuance of a follow-on public offering (FPO) during the current financial year, according to Chairman and Managing Director Pradip Kumar Das' statement on May 21. T
Apollo Tyres Ltd. shares will be the center of attention following significant trading activity on Wednesday. Approximately 2.25 crore shares, equivalent to 3.5% of Apollo Tyres' total equity, were traded in a pre-market block window. Apollo Tyres sh
Alphabet Inc., parent company of Google, has chosen Dixon Technologies, a local contract manufacturer, to produce its high-end Pixel 8 smartphones in India. The Economic Times reports that trial production is already underway, with the first batch of
Coforge Ltd. announced a Qualified Institutional Placement (QIP) on Tuesday evening, aiming to raise up to ₹2,240 crore. Sources reported to CNBC-TV18 that the company intends to raise this amount through the QIP. Earlier this year, in March, the c
21st May 2024
Amidst a sea of red, Hindustan Aeronautics shares soar as brokerages flock to upgrade its status post its remarkable Q4 results. This resilience persists despite the stock's substantial gains of over 22% in the past week and an impressive surge of ov
Despite JSW Steel reporting a significant 64.5% decline in net profit for the quarter ending March, brokerages maintained their negative outlook on the company's stock. As of 9:20 am IST, JSW Steel shares were trading at ₹891.8 on the NSE, showing
Indian Railway Finance Corporation Ltd (IRFC) shares, which had been under scrutiny after their Q4 results, surged 3.5% during Tuesday's morning trading session. The company released its financial performance for the fiscal year 2024 and Q4 2024 on M
Foreign institutional investors (FIIs) offloaded over $3 billion worth of Indian stocks during the first half of May. According to data from the National Securities Depository Limited (NSDL), over 90% of this selling activity was concentrated in five
Two sudden intraday trend reversals in the Nifty 50 index within a month have raised concerns about potential collusion among high-frequency trading firms. Allegations have emerged that these firms are leveraging advanced technologies to manipulate t
Bandhan Bank, headquartered in Kolkata, is contemplating the appointment of an outsider as the successor to its Managing Director and Chief Executive Officer (MD and CEO), Chandra Shekhar Ghosh, who recently announced his unexpected retirement, effec
17th May 2024
Shares of Info Edge India the parent company of popular portals like Naukri.com, Jeevansathi.com and Shiksha.com saw a 8% rise in early trade on Bombay Stock Exchange on Friday, 17 May. This surge came a day after the company announced its financial