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Why did Indiamart fall 19% despite reporting 96% YoY increase in net profit; Check the reason

Why did Indiamart fall 19% despite reporting 96% YoY increase in net profit; Check the reason

Shares of India's largest B2B digital marketplace dropped 19 percent to Rs.2,447.50 per share on Monday morning trade following a downgrade from Jefferies, despite a strong quarterly performance.  Share Price Movement  In Monday’s trading session, Indiamart Intermesh Ltd share price reached an intraday low of Rs.2,447.50 per share, falling 19 percent from the previous close [...]
Small cap stock jumps 3.5% after company to raise ₹125 Bil for acquiring  40% stake in Coca-Cola

Small cap stock jumps 3.5% after company to raise ₹125 Bil for acquiring 40% stake in Coca-Cola

Shares of this quick-service restaurant (QSR) company, which owns popular brands such as Domino’s, Dunkin' Donuts, and Popeyes, are expected to benefit from the Rs.125 billion investment by its parent company’s promoters to acquire a 40 percent stake in Coca-Cola’s bottling division.  Share Price Movement  In Monday’s trading session, Jubilant FoodWorks Ltd share price hit [...]
FMCG stock under ₹20 hits 10% upper circuit after net profit increases by 68% YoY

FMCG stock under ₹20 hits 10% upper circuit after net profit increases by 68% YoY

Small-cap stock, engaged in the business of processing and marketing rice in the domestic and international markets hit the upper circuit of 10 percent following a 68 percent year-on-year growth in net profit for Q2 FY25.  Share price variations:  With a market capitalization of Rs. 1,015.03 crores, Sarveshwar Foods Ltd. hit a 10 percent upper [...]
Power stock jumps 4% after receiving orders worth ₹300 Cr to supply traction motors

Power stock jumps 4% after receiving orders worth ₹300 Cr to supply traction motors

Power stock engaged in manufacturing Generators, Electric motors, and many more for various applications jumped 4 percent in the day’s trade upon receiving work orders with an expected value of Rs. 300 Crores.  Price Action  With a market capitalization of Rs. 6,480 Crores, the shares of T D Power Systems Limited were trading at Rs. [...]
Financially strong stock under ₹100 jumps 6% after reporting 49% YoY increase in net profit

Financially strong stock under ₹100 jumps 6% after reporting 49% YoY increase in net profit

Financially strong stock engaged in the design, Manufacturing, Commissioning, and other works of heavy equipment, machinery & systems, and many more jumped upto 6 percent in the day’s trade following a 49 percent jump in Net Profits.  Price Action  With a market capitalization of Rs. 9,062 Crores, the shares of Lloyds Engineering Works Limited were [...]
FMCG stock jumps 2.3% after acquiring 35.23 acres of land in Maha for setting up new plant

FMCG stock jumps 2.3% after acquiring 35.23 acres of land in Maha for setting up new plant

Shares of this small-cap company, engaged in milk processing and production of dairy products, rose over 2.3 percent after acquiring 35.23 acres of land in Maharashtra to set up a new plant.  Share price variations:  With a market capitalization of Rs. 7,748.50 crores, Dodla Dairy Ltd. rose to an intraday high of Rs. 1,320.75 representing [...]