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ITC Share Price Declines After Wells Fargo’s Stake Sale Shares of ITC Ltd, one of India’s leading FMCG and cigarette manufacturers, declined in early trade on Tuesday, March 4, 2025, following a significant stake sale by Wells Fargo. The American financial services company divested shares worth ₹106 crore, leading to a marginal decline in the…
Tata Investment Share Price Jumps on IPO News Tata Investment Corporation Ltd (TICL) witnessed a sharp 5% rise in its share price on Tuesday, March 4, 2025, after reports emerged that Tata Capital is planning an initial public offering (IPO) with a massive valuation target of $11 billion. TICL is one of the largest shareholders…
Stock Drops as Investors React to Tax Demand and Lower Sales Shares of Hyundai Motor India fell significantly on Monday, March 3, 2025, after the company received a ₹15 crore tax demand notice from GST authorities and reported a 3% decline in February 2025 sales. The stock opened 1.5% lower and continued to decline throughout…
IGI Stock Falls as Investors React to Financial Results Shares of International Gemmological Institute a leading jewellery certification firm, plummeted 10% to ₹366.25 apiece on the National Stock Exchange (NSE) on Monday, March 3, 2025. The sharp decline came after the company reported its financial results for the fourth quarter (Q4) and the full year…
SpiceJet Stock Gains as Investors Await Q2 and Q3 Earnings Reports Shares of SpiceJet Ltd, one of India’s leading low-cost airlines, witnessed a positive uptrend on Tuesday, February 25, 2025, ahead of the company’s earnings announcement for the second (Q2) and third (Q3) quarters of the financial year 2024-25. At 10:32 AM, Companies stock price…
Orchid Pharma Stock Rallies as USFDA Inspection Clears API Facility Shares of Orchid Pharma Ltd, a small-cap pharmaceutical company, surged on Tuesday, February 25, hitting the 5% upper circuit limit at ₹1,014.45 per share on the Bombay Stock Exchange (BSE). The sharp rise in companies stock price comes after the company successfully completed a surprise…
Stock Market Update: Indian Indices Open Positive as Investors Await Clarity on Global Trends Indian equity markets opened marginally higher on Tuesday, February 25, as investors remained cautious amid mixed global cues. The benchmark indices, S&P BSE SENSEX and NSE NIFTY50, started the session in green, but gains remained limited due to continued selling pressure…
boAt IPO: Audio and Wearable Brand Prepares for Stock Market Debut boAt, one of India’s leading consumer electronics brands, is gearing up for its ₹2,000 crore initial public offering (IPO) through a confidential draft red herring prospectus (DRHP), CNBC-TV18 reported, citing sources. The IPO is expected to be launched in the financial year 2025-26 (FY26)….
CDEL Stock Hits Lower Circuit Amid Corporate Insolvency Proceedings Shares of Coffee Day Enterprises Limited (CDEL), the parent company of Cafe Coffee Day (CCD), tumbled 5% on Monday, February 24, 2025, reaching a 52-week low of ₹21.28 per share on the National Stock Exchange (NSE). The stock was locked in its lower circuit, signaling a…
IT Sector Faces Sharp Selloff Amid Weak US Economic Outlook The Indian information technology (IT) sector witnessed heavy selling pressure on Monday, February 24, as concerns over weakening US economic indicators and trade policy uncertainties triggered a broad-based decline in IT stocks. The NIFTY IT index, which tracks the performance of major IT companies listed…