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Pharma stock falls 3% after fire incident at company’s manufacturing facility in Andhra Pradesh

Pharma stock falls 3% after fire incident at company’s manufacturing facility in Andhra Pradesh

During Tuesday’s trading session, the shares of an integrated global pharmaceutical company, headquartered in Hyderabad, slumped nearly 3.4 percent on BSE, after reporting a fire incident in the company’s Andhra Pradesh manufacturing facility. Price Movement With a market cap of Rs. 70,445.4 crores, at 03:29 p.m., the shares of Aurobindo Pharma Limited were trading in [...]
Tata Group stock crashes after FII likely sold 3.95% stake worth ₹1,094 Cr in the company

Tata Group stock crashes after FII likely sold 3.95% stake worth ₹1,094 Cr in the company

Tata Group stock which is a global engineering services company that specializes in delivering product development and digital technology solutions to original equipment manufacturers, has gone down by 5.5 percent in the day's trading after a block deal worth Rs. 1,094 crore changed hands. Price movement  With a market capitalization of Rs 27,135 crores, the [...]
Fundamentally strong stocks trading at a discount of up to 43% to add to your watchlist

Fundamentally strong stocks trading at a discount of up to 43% to add to your watchlist

Fundamentally strong stocks refer to shares of companies that are considered financially healthy and well-positioned for long-term growth. These stocks typically have strong financial performance, solid earnings, low debt, a competitive market position, and good management. Investors often view these stocks as stable and less risky, as the companies behind them show consistent revenue growth, [...]
Penny stock jumps after Morgan Stanley offloads shares worth ₹9.62 Cr in the company

Penny stock jumps after Morgan Stanley offloads shares worth ₹9.62 Cr in the company

A penny stock trading below Rs.5 came into focus after Morgan Stanley Asia Singapore Pte offloaded around 25 lakh shares, valued at approximately Rs.9.62 crores. The large transaction has sparked investor interest, with market participants closely tracking the stock's movement amid rising volatility in the broader penny stock space. Price Movement During Tuesday’s trading session, [...]
Auto stocks to be affected as India considers reducing car import tariffs to 10%

Auto stocks to be affected as India considers reducing car import tariffs to 10%

The European Union has urged India to eliminate tariffs on car imports as part of a long-standing trade deal, with reports suggesting that the Indian government is prepared to enhance its offer to finalize the agreement.  According to a Reuters report citing two industry sources and a government official, India is considering reducing tariffs from [...]
Multibagger stock hits 10% upper circuit after reporting 2,883% YoY increase in net profits

Multibagger stock hits 10% upper circuit after reporting 2,883% YoY increase in net profits

The shares of Micro-Cap company, specializing in the rental and leasing of heavy earth-moving equipment and supporting large-scale projects, hit a 10 percent upper circuit upon declaring Q4 results and generating profit with a 2,883 percent rise Year on Year (YoY). Price action With a market capitalization of Rs. 228.63 crores on Tuesday, the shares [...]
Bank stock under ₹50 jumps 8% after announcing Q4 results

Bank stock under ₹50 jumps 8% after announcing Q4 results

A banking stock trading below Rs.50 surged 8 percent after the company announced strong quarterly results, showcasing improved financial performance. The rally was further supported by a notable reduction in non-performing assets (NPAs), boosting investor confidence in the stock’s outlook. Price Movement During Tuesday’s trading session, shares of UCO Bank Ltd reached an intra-day high [...]
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