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Posted on February 17, 2025, by Niftynews Manappuram Finance share price witnessed a significant 8% jump after exiting the F&O ban list, signaling renewed bullish momentum. The stock opened at ₹182.05 and reached an intraday high of ₹193.60, indicating a strong upward trend. With analysts recommending buying at ₹185-188, targeting ₹197-205 with a stop loss at…
Shares of Indian Telephone Industries Ltd (ITI) hit the lower circuit of 5% on February 14, 2025, trading at ₹270.15 per share on the National Stock Exchange (NSE). This sharp decline came despite the company reporting a significant reduction in net loss and a massive 300% revenue surge in Q3 FY25. While the company’s net…
Posted on February 17, 2025, by Niftynews The Quality Power IPO of Quality Power Electrical Equipments Limited opened on February 14, 2025, and will remain open until February 18, 2025, at 5:00 PM. The IPO offers shares in a price band of ₹401 to ₹425 per equity share. This book-built public issue aims to raise ₹858.70…
Posted on February 17, 2025, by Niftynews Zen Technologies Ltd. witnessed a drastic decline in its share price on Monday, February 17, 2025. The Zen Technologies share price fell by an impressive 20%, hitting the day’s lowest level and marking the largest drop in the company’s stock price in over five years. This significant decrease comes…
Reliance Infrastructure Ltd., a leading player in the engineering, power, and infrastructure sectors, announced its Q3 FY25 financial results on February 14, 2025. The company reported a net loss of ₹3,298.35 crore, significantly widening from the ₹421.17 crore loss recorded in Q3 FY24. Despite a marginal revenue increase of 0.55% YoY to ₹4,743 crore, the…
Posted on February 14, 2025, by Niftynews Hong Kong: The Hang Seng Index experienced a strong surge today, climbing 666.08 points, or 3.05%, to reach 22,480.45 by 3:12 PM. The remarkable rally is being attributed to a broad-based market boost, with significant contributions from China’s largest technology companies, following reports of a high-profile meeting between Chinese…
Siemens Limited, a leading multinational engineering and technology company, released its Q3 FY25 financial results on February 12, 2025. The company reported a 10% decline in its Profit After Tax (PAT) to ₹372 crore, compared to ₹412 crore in the same quarter last year. Additionally, Siemens’ revenue fell by 3.3% year-on-year (YoY) to ₹3,587.2 crore…
Posted on February 14, 2025, by Niftynews The Indian stock market has experienced a significant correction in recent times, with both the Sensex and Nifty indices witnessing sharp declines. As of February 14, 2025, the Indian stock market has corrected by around 12% from its all-time high, which has raised concerns among investors. Despite measures taken…
Posted on February 14, 2025, by Niftynews Customers of New India Bank in Mumbai were seen queuing up outside the bank today, a day after the Reserve Bank of India (RBI) imposed stringent restrictions on the lender. The RBI’s decision to bar the bank from issuing new loans and suspend deposit withdrawals for the next six…
Posted on February 14, 2025, by Niftynews Shares of Manappuram Finance, Fusion Microfinance, IIFL Finance, and Repco Home Finance saw sharp declines following disappointing Q3 results. The stock price movements reflect growing concerns among investors in the financial sector, with these companies facing several headwinds. Stock Price Movements on February 14, 2025 These declines come after…