Stock Market
Prestige Estates Projects Ltd witnessed a notable rise of 2% in its stock price on Tuesday after the real estate major reported record-breaking financial results for the first quarter of FY25. Market analysts and brokerages remain optimistic on the company’s trajectory, projecting continued robust growth due to strong sales bookings, new launches, and a healthy…
A prominent midcap engineering and manufacturing company has attracted significant investor attention after securing a major order worth Rs 54 crore from Bharat Petroleum Corporation Limited (BPCL). The announcement, made on Monday, led to a surge in its stock price during early trade, underlining strong market confidence in its execution capabilities and order book momentum….
Varun Beverages, India’s leading PepsiCo bottler, has witnessed a downward revision in its price target by several brokerages amid rising concerns over a demand slowdown in the beverages segment. The FMCG major, which has been on a consistent growth trajectory, is facing near-term headwinds due to a weaker-than-expected start to the summer season and softer…
Ashok Leyland shares gained nearly 2% in morning trade on Tuesday after the commercial vehicle major announced the record date for its proposed 1:1 bonus issue. This move comes as part of the company’s ongoing capital restructuring and rewarding of shareholders amid improved market share, higher profitability, and robust order flows in FY25. Ashok Leyland…
Bharat Dynamics Ltd (BDL), the state-run missile manufacturer under the Ministry of Defence, has caught investor attention amid India’s robust defence manufacturing push and rising geopolitical tensions. Leading brokerage Motilal Oswal Financial Services (MOSL) has advised buying the stock on dips, citing strong order book visibility, Make in India tailwinds, and valuation comfort after recent…
Titan Company, India’s leading lifestyle and luxury retailer, witnessed its shares slide to a two-week low on Tuesday amid mixed brokerage commentary and cautious investor sentiment following its Q1FY25 business update. The stock fell nearly 2% intraday to ₹3,230 on NSE, marking its lowest level since June 25, before recovering slightly in late trading. Key…
In a strong defence of India’s market regulatory framework, former Securities and Exchange Board of India (Sebi) chairperson Madhabi Puri Buch has stated that Sebi acted promptly and judiciously in the high-profile Jane Street case, asserting there was “no regulatory lapse” in its handling. Buch’s remarks come amid ongoing discussions in financial and legal circles…
The Indian equity market witnessed a volatile session on Tuesday with the Nifty IT index ending marginally lower by 0.01% amid weakness in broader indices. The BSE Sensex closed down by 426.87 points at 79,025.75 while the Nifty50 shed 108.75 points to settle at 23,915.55 as investors booked profits after a sharp rally in previous…
The Securities and Exchange Board of India (SEBI) has released a detailed analytical study that reveals an alarming trend in the Indian derivatives market. Net losses incurred by individual traders in the futures and options (F&O) segment rose by 41% to ₹1.06 lakh crore in FY25 compared to the previous fiscal. This analysis, published by…
In a development keenly tracked by investors and auto sector analysts, Eicher Motors Ltd has announced the record date for its proposed final dividend of ₹70 per equity share for the financial year ended March 31, 2025. The announcement comes following the company’s strong financial performance in FY25 and consistent focus on shareholder value creation….
