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Why Shares Of This German Firm's India Unit Are Crashing Today
|In parallel, Siemens Energy is under pressure from the government to provide crucial loan guarantees for future major projects.
Why Tech Mahindra Shares Are Crashing After Q2 Results
|The firm said it was exploring the possibility of exiting some of its businesses as part of efforts to improve operational efficiency.
Why This LIC-Backed Stock Is Rising Today
|Project Dynamo is ION Mobility's take on the TVS X, which is TVS Motor's premium flagship crossover electric vehicle introduced earlier this year.
Why This Mahindra Group Stock Is Falling Off A Cliff Today
|In addition to the loss, the company's EBITDA also dropped by 20.7% to ₹53.6 crore in the quarter, down from ₹67.6 crore in the same period the previous year.
This Mid Cap Stock Is Falling After Confirming IT Raid
|n response to the National Stock Exchange's (NSE) inquiries, the company confirmed the ongoing search operation without specifying further details.
Why This Large Cap Lender Is Gaining Nearly 3% After Q2 Print
|The lender's net interest income, or core income, rose 18% from last year to ₹5,076.7 crore in the quarter.
Why Nykaa Isn't Happy With Analysis By Kotak As Stock Plummets
This Microcap EV Charging Stock Is Up After Deal With Kuwait Firm
|Servotech Power Systems will manufacture and install 30 kilowatts and 60 kilowatts direct current fast EV chargers.
Zomato Has Gained Over 80% This Year—Analysts Think It Could Go Even Higher
|Kotak Institutional Equities, is the latest to provide a bullish outlook for Zomato, elevating its price target for the stock by nearly 14% to ₹125 while maintaining a "buy" rating.
Why L&T Shares Are Hovering Near Record High Again Today
|L&T's share price was up 0.5% at ₹3,089.95 in afternoon trade on Tuesday.
Why Vodafone, Airtel Stocks Are Pulling Back From Early Losses Today
|In response to their plea, the Supreme Court has agreed to examine the matter and has scheduled an open court hearing.
Why IndiGo Stock Is Gaining After Big Announcement
|Under this new pricing structure, passengers booking IndiGo flights will incur a fuel charge per sector, determined by the sector's distance.
Why Zomato Shares Are Up On Cricket World Cup Hopes And Pizza's Loss Of Favour
|In previous World Cups, Jubilant FoodWorks, the operator of Domino's Pizza in India, held the mantle of the biggest beneficiary due to its speedy delivery service.
L&T Wins Over ₹7,000 Cr Contract In Mumbai City For Road Tunnels
|The project entails the design and construction of twin road tunnels that will connect Orange Gate, Eastern Free Way, and Marine Drive Coastal Road.
Why These Two Adani Group Stocks Are Sliding Today
|Notably, in 2022, IHC had invested a significant $2 billion (₹16,622 crore) as primary capital across three Adani group companies.
This Aditya Birla-Backed Stock Is Slipping After Being Slapped With Tax Demand
|The tax demand comes amid a period of financial growth for Coforge. The firm reported a 10.4% increase in profit in its Q1 earnings report.
Why Vedanta Shares Are Jumping After Devastating Week
|The demerger could reportedly result in businesses like aluminium, oil and gas and iron and steel becoming individual listed entities.
Innerwear Maker Lux's Office Said To Be Under IT Raid, Shares Plunge
|The Income Tax Department is reportedly conducting a search at the Kolkata office of Lux Industries Ltd, a popular name in the textile and luxury innerwear sector.
Why These Two Sister Pharma Stocks Are Plunging After Major Stake Sale
|Glenmark Pharma will sell shares of Glenmark Life Sciences at ₹615 apiece, which is at a discount of around 1.8% to its last close of ₹626.20.
Tata Power Makes Renewable Energy Foray Into Nepal, Investors Unimpressed
|The alliance could stimulate economic growth in Nepal by creating jobs and attracting investment in the renewable energy sector.
Glenmark Life Sciences Gains As Parent May Shed Stake Eyeing Lower Debt, US Plans
|As per shareholding patterns for the June quarter, Glenmark Pharma currently holds a majority stake of 82.85% in Glenmark Life Sciences.
Adani Green Said To Be In Talks For Investment From French Energy Giant
|Should this deal materialize, it would augment Total's presence in India's burgeoning energy sector while providing Adani Green with additional resources to spearhead new renewable energy projects.
LIC, HDFC-Backed Large Cap Pharma Hit By Reports Of IT Raid, Shares Tank
|The firm's most popular brands include Clavam, Pan, Pan-D and Taxim-O, and Alkem makes 29% of its revenue from offshore sales.
Blue Dart Express Service To Now Be Called 'Bharat Dart', Shares Jump
|Some media reports have suggested that the Indian government may propose changing the name of the country to "Bharat", leading to debates among the public.
Adani Group Sink Into Red After Doubts Pop Up Over SEBI Investigation
|The challenge to SEBI comes as the market regulator has been investigating the conglomerate since the start of the year on allegations of financial fraud levelled by short seller Hindenburg Research.
India's Biggest Pharma Acquisition: One Stock Rises While The Other Falls
|Shares of Cipla edged higher on Friday while those of Torrent Pharma were sinking after it was reported that Torrent was looking to make a bid to acquire a stake in the country's second-largest Pharma firm.
This Large Cap Stock Is Up After Winning Thermal Contract
|BHEL has been entrusted with designing, engineering, manufacture, supply, construction, erection, testing and commissioning at a project.
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