For the October-December quarter of the fiscal year 2023-24, Avenue Supermarts the retail giant behind the popular DMart chain has shown robust growth. Consolidated net profit has surged by 17% reaching ₹690.61 cr compared to ₹589.68 cr in the sa

On Monday, Wipro's shares surge 13% reaching a new 52 week high of ₹526.45. This boost came after the company's Q3FY24 earnings report, which exceeded expectations, leading to an 18% surge in its American Depository Receipts (ADRs) to $6.35 the hig

Newgen Software Technologies Set to Trade Ex-Bonus Newgen Software Technologies Ltd has declared a 1:1 bonus issue for its shareholders. It means that for each existing fully paid-up equity share of ₹10 each, shareholders will receive one new fu

Tata Consumer Products Limited is set to acquire controlling stakes in two prominent brands, Organic India and Capital Foods. This strategic move is expected to boost the FMCG giant by expanding its product range, entering new markets, and offering a

In a major development on the opening day of the 10th edition of Vibrant Gujarat, Suzuki Motor Corp., based in Japan, declared investments totaling approximately ₹35,000 crore in the region. The announcement was made during the summit's inauguratio

Kalyani Steels share price surged 16% to reach ₹605.55 in early trading on 11 January 2024. The boost followed the company's successful bid for acquiring assets from Kamineni Steel & Power India Private Ltd, as announced in a regulatory filing

Polycab India shares dropped 22% during morning trade on 11 January 2024. The income tax department revealed that it uncovered "unaccounted cash sales" amounting to about ₹1,000 crore during a search conducted at the company's offices on 10 January

Cochin Shipyard Initiates Stock Split Cochin Shipyard has declared a stock split, reducing the face value of its equity shares from ₹10 to ₹5 each. The record date for this split has been set for 10 January 2024. It means that existing shareho

One97 Communications Limited, the parent company of the popular payment platform Paytm, has announced an investment of ₹100 crore in Gujarat International Finance Tec-City (GIFT City). The investment aims to build a worldwide financial system and e

In a positive development for Power Finance Corporation (PFC), its shares climbed nearly a percent during early trade on 10 January later gave up the gain at the time of writing PFC share is down 2.09%. Reserve Bank of India granted a no objection le

About the Jyoti CNC Automation IPO Jyoti CNC Automation IPO has a face value of ₹2 per share and the price band has been set in the range of ₹315 to ₹331 per share. The final price will be discovered within this band. The IPO of Jyoti CNC Au

In a recent turn of events, Zee Entertainment's stock faced a downturn, dropping by 13% to ₹246 per share on 9-Jan-24, following reports suggesting Sony's potential cancellation of the merger deal. Zee Entertainment issued a clarification, calling