In Wednesday’s trading session, the shares of a company engaged in the business of formulation of pharmaceutical products surged by 15.7 percent to hit a new 52-week high at Rs. 217.4, after reporting financial results for Q1 FY24-25 with a rise in the net profit of 26.5 percent YoY and strong growth guidance. With a [...]
Green Energy stock engaged in offering engineering, procurement, and construction (EPC) services for the development of solar power plants, energy storage solutions, and many more jumped 5 percent in the day’s trade upon receiving Rs. 450 Crores under PLI for Hydrogen Electrolyzer. Price Action With a market capitalization of Rs. 3,590 Crores, the shares of [...]
This real estate company has set a target of achieving Rs.10,000 crore in sales for the financial year 2025. It operates in the residential and commercial sectors and has developed projects in the Delhi-NCR region. The company is backed by marquee equity investors like Nomura, HDFC and IFC. What is the news Gurugram-based real estate [...]
The shares of this recently listed pharma company rose nearly 2.5 percent after reporting an increase of 27 percent in net profits quarter-over-quarter. Share Price Variation In Wednesday’s trading session, the share price of Emcure Pharmaceuticals Ltd reached an intra-day high of Rs.1,269.45 per share from its previous close of Rs.1,238.5 apiece, gaining around 2.5 [...]
The shares of this PSU company jumps upto 2 percent in Wednesday's trading session after announcing Q1FY 25 results and receiving Rs. 528 crores procurement order for the university in Haryana. In one year, the stock has delivered more than 250 percent return to its shareholders. Price Movement: With a market capitalization of Rs. 31,455 [...]
Textile stock engaged in the manufacturing of drum closures, tubes and scaffolding systems, cotton yarn, knitted and crocheted cotton fabrics and many more jumped 12 percent following Buyback of equity shares at a 30 percent premium from its current price. Price Action With a market capitalization of Rs. 7,925 Crores, the shares of Technocraft Industries [...]
In Wednesday’s trading session, the shares of a leading diversified retail-led NBFC slumped by 11.2 percent to hit an intraday low at Rs. 875.05, after reporting financial results for Q1 FY24-25 with a decline in the net profit of 64.3 percent YoY. With a market capitalisation of Rs. 19,931 crores, at 11:37 a.m., the shares [...]
The shares of this microcap company surged upto 9 percent in Wednesday's trading session after announcing robust results and record date for 1:1 bonus share. Price Movement: With a market capitalization of Rs. 223 crores, the shares of Sprayking Ltd started Wednesday’s trading session on a higher note at Rs. 42.79 compared to its previous [...]
We often hear about technical analysis, patterns, supports, and resistances, but it's nonetheless a good idea to sometimes look back at the fundamentals that determine the value of one currency compared to another. What are the major macroeconomic events steering the evolution of GBP/USD? Monetary policy: The Bank of England (BoE) has gradually raised interest [...]
Ethanol stock engaged in manufacturing and supplying ethanol, fructose, sorbitol, and various other industrial chemicals grew by 9 percent in the day’s trade upon posting a 122 percent jump in Net Profits in Q1FY25. Price Action With a market capitalization of Rs. 1,194 Crores, the shares of Gulshan Polyols Limited were trading at Rs. 1,101.30 [...]
