IDFC First Bank’s shares experienced a significant downturn, plummeting by 7% to a 21-month low, following the release of its third-quarter (Q3) financial results. The primary cause of this decline was attributed to a substantial increase in provisions for bad loans within the bank’s microfinance segment, which significantly impacted overall profitability. This news has raised … Read more
Mumbai, January 27, 2025 – The Indian stock market witnessed a sharp downturn today, with the Sensex plummeting over 800 points and the Nifty 50 also experiencing a significant drop. This steep fall resulted in a staggering loss of approximately ₹10 lakh crore for investors, sending ripples of concern across the market. This article delves … Read more
IndiGo, India’s largest airline, recently announced its financial results for the third quarter of fiscal year 2024-25 (Q3 FY25), revealing a mixed bag of performance indicators. While the airline continued to witness robust demand for air travel, its net profit experienced a notable decline. This article delves into the key aspects of IndiGo’s Q3 results, … Read more
Mumbai, January 23, 2025 – Stallion India Fluorochemicals Ltd. made a remarkable entry into the stock market today, with its shares jumping over 33% in debut trade on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). The strong listing reflects significant investor confidence in the company’s business model and growth prospects. … Read more
Navi Mumbai, Maharashtra – In a landmark move poised to revolutionize India’s optical technology landscape, Paras Defence and Space Technologies Ltd. has signed a Memorandum of Understanding (MoU) with the Government of Maharashtra to develop a state-of-the-art Optics Park in Navi Mumbai. This ambitious project, with a projected investment of ₹12,000 crore over the next … Read more
HDFC Bank, India’s largest private sector lender, recently announced its financial results for the third quarter of fiscal year 2025 (Q3 FY25). The results were met with considerable interest from investors and analysts, as they provide valuable insights into the bank’s performance and the overall health of the Indian banking sector. This article offers a … Read more
Zomato, one of India’s leading online food delivery platforms, has witnessed a significant downturn in its share prices following the release of its third-quarter (Q3) financial results for the fiscal year 2024-25. The company’s performance fell short of market expectations, leading to a sharp decline in investor confidence. This negative sentiment has also impacted Swiggy, … Read more
Paytm, one of India’s leading digital financial services platforms, recently announced its financial results for the third quarter of fiscal year 2024-25 (Q3 FY25). The results present a mixed picture, with the company managing to narrow its losses but also experiencing a significant decline in revenue. Key Highlights: Analysis of the Results: Loss Reduction: … Read more
Shares of Kalyan Jewellers India Ltd. witnessed a significant surge, jumping over 7%, following a strong clarification from Motilal Oswal Asset Management Company (AMC) regarding recent social media rumors. These rumors alleged that fund managers at Motilal Oswal AMC were involved in a bribery scheme to accumulate shares of the jewelry company. The AMC has … Read more
Mumbai, January 20, 2025 – Indian stock markets witnessed a strong rally in early trade today, driven by positive global market trends and a significant surge in Kotak Mahindra Bank’s shares. Both the benchmark indices, Sensex and Nifty, opened on a positive note and continued their upward trajectory in the initial hours of trading.  … Read more