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Tech Mahindra, one of India’s leading IT service providers, saw its stock rise on Friday after announcing a strategic partnership with Airtm, a global digital payment platform. This collaboration aims to enhance financial accessibility for global gig workers and expand payment capabilities through Tech Mahindra’s crowdsourcing platform, Populii. The deal marks a significant step in…
Hindalco Industries, a flagship company of the Aditya Birla Group, saw a strong market response after posting impressive financial results for the third quarter (Q3) of the fiscal year. The company’s consolidated net profit surged by 60%, driven by robust earnings from its India business. On February 14, shares traded in positive territory as investors…
Posted on February 14, 2025, by Niftynews The Hexaware IPO, which opened on February 12, 2025, is closing today, February 14, 2025. Despite being valued at approximately ₹8,750 crore, the Hexaware IPO has seen a lackluster response from investors, with subscription figures well below expectations. Hexaware IPO Subscription Status As of the close of Day 2…
Posted on February 14, 2025, by Niftynews The Quality Power IPO starts today, February 14, 2025, with shares priced between ₹401-₹425 each. Investors can apply for a minimum of 26 shares, and the issue is expected to raise ₹858.70 crore. The IPO closes for bidding on February 18, 2025. About Quality Power Electrical Equipments Incorporated in…
Posted on February 14, 2025, by Niftynews Shares of Senco Gold, one of India’s leading jewellery retailers, plummeted 19% to ₹363.75, reaching a 9-month low on February 14, 2025. The sharp drop came after the company reported weak financial results for the December quarter, dampening investor sentiment. Senco Gold Results: Profitability Takes a Hit For Q3…
Posted on February 14, 2025, by Niftynews Deepak Nitrite share price took a sharp hit on February 14, 2025, falling 10% to reach ₹2,014 following the company’s disappointing Q3 FY25 results. The chemical manufacturer’s weak earnings report raised concerns among investors about the company’s growth trajectory, leading to a decline in its stock value. Deepak Nitrite…
Posted on February 13, 2025, by Niftynews Patel Engineering stock surged 6% on February 13, reaching ₹48.51 per share following the release of its impressive Q3 FY25 financial results. Over the past two years, the stock has seen an incredible 200% rise, highlighting the company’s strong position in India’s rapidly expanding infrastructure sector. Patel Engineering Stock…
Posted on February 13, 2025, by Niftynews In a significant development, BJP MP Tejasvi Surya expressed his support for the new Income Tax Bill on Thursday, emphasizing that the proposed legislation will modernize and simplify India Direct Taxation System. According to Surya, the bill aims to make compliance easier for Indian taxpayers by reducing litigation and…
Posted on February 13, 2025, by Niftynews Bharat Forge Shares fell sharply by 5% on February 13, 2025, after the company reported disappointing third-quarter (Q3FY25) results. The stock, which was trading at Rs 1,047 per share, has been on a downward trajectory for the past six months, shedding more than 30% of its value during that…
Posted on February 13, 2025, by Niftynews Shares of Muthoot Finance, the leading gold loan provider in India, surged by 7% in today’s trade, February 13, 2025, following a strong performance in the company’s Q3 2025 results. The Muthoot Finance share price hit a high of ₹2,335 on the BSE, marking a notable increase in investor…