Godrej Properties Q2 Results: Net profit jumps 5-fold YoY to Rs 335.21 crore
Total income more than doubled to Rs 1,346.54 crore in the second quarter of this fiscal from Rs 605.11 crore in the corresponding period of the previous year, according to a regulatory filing.
Crypto Talk | US election and interest rate cuts may reshape the future of Bitcoin, says BuyUcoin CEO
I believe the recent 50 basis point interest rate cut by the US Federal Reserve will positively impact the crypto market both in the short and long term because interest rate cuts are aimed at stimulating economic growth by making borrowing cheaper and seeking higher returns in the crypto market.
Hyundai Motor India shares jump 6% a day after dull debut
Hyundai Motor India Share Price Today: Shares of Hyundai Motor India rose nearly 6% to Rs 1,928 after a lackluster listing. The Rs 27,870 crore IPO was fully subscribed and included an offer for sale from Hyundai Motor Global.
Stick to top quality stocks; best returns to come from these 4 sectors: Gautam Shah
Gautam Shah views the recent market fall as a buying opportunity. He advises focusing on largecaps and quality midcaps and smallcaps. He predicts the best returns in the next year from metals, IT, and pharma sectors. Shah believes the long-term market uptrend is intact, dismissing the idea of a major trend reversal.
Waaree Energies IPO subscribed 12 times so far on Day 3. Check GMP, other key details
Waaree Energies’ IPO has been subscribed 12.05 times on the last day, with strong demand from non-institutional and retail investors. The IPO price band is set at Rs 1,427-1,503 per share, and shares are expected to list on October 28. Funds will support expansion into India and the US.
Hindustan Zinc shares surge 4% amid rising silver prices
Hindustan Zinc shares rose 4% as silver prices exceeded ₹1 lakh per kg. Analysts foresee further gains amid industrial demand and safe-haven appeal, particularly leading up to Dhanteras.
Mahindra Finance shares dip 8% as Q2 results disappoint Street. What brokerages say?
Mahindra Finance shares fell 8% despite a 26% YoY profit growth to Rs 390 crore. Analysts remain cautiously optimistic, citing concerns over rural borrower stress and seasonal performance impacts.
Olectra Greentech shares jump 6% after Q2 net profit soars 156% YoY
Olectra Greentech’s shares rose nearly 6% after reporting a 156.4% YoY profit increase to Rs 47.7 crore for Q2. Revenue surged 70.5% to Rs 523.7 crore, boosting market confidence.
Lakshya Powertech shares list at 90% premium over IPO price on NSE SME platform
Lakshya Powertech’s shares debut on the NSE SME platform at a 90% premium, opening at Rs 342 against an issue price of Rs 180. Funds from the public offer will address debt repayment, working capital, and general corporate needs. The company operates in oil and gas, renewable energy, power, and industrial sectors.
Adani Energy shares tumble 4% on Sebi notice for alleged misclassification of shareholding
Adani Energy Solutions shares are under scrutiny following the receipt of a show-cause notice (SCN) from the Securities and Exchange Board of India (SEBI) during the September quarter, related to the wrongful categorization of shareholders. The company disclosed this in its exchange filing for the quarter but did not provide further details.