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Posted on February 7, 2025, by Niftynews Shares of Sonata Software experienced a significant decline on February 7, 2025, following the company’s disappointing performance in its Q3 results. The company reported a 1.4% drop in profit after tax (PAT) and a 7.8% decline in EBITDA for the third quarter of fiscal 2025, which led to a…
Posted on February 7, 2025, by Niftynews State Bank of India (SBI shares), the country’s largest public sector bank, has posted a mixed set of results for Q3FY25. While the bank’s profitability was boosted by lower provisions, its margins moderated, and other income fell short of analyst estimates due to weaker treasury income. Despite this, analysts…
Posted on February 7, 2025, by Niftynews Bharti Airtel, the second-largest telecom operator in India, has reported a remarkable 505% growth in net profit for the quarter ending December 31, 2024. The telecom giant’s net profit surged to Rs 14,781 crore, compared to just Rs 2,442 crore in the same period last year. This growth was…
PG Electroplast Shares Surge 11% on Strong Q3 Results; PAT Soars 109% YoY PG Electroplast Ltd (PGEL), a key player in the consumer durables and electronic manufacturing services (EMS) sector, witnessed a sharp rally of 10.8%, with its share price climbing to ₹930.95 apiece on the BSE on Friday, February 7. This surge followed the…
Posted on February 7, 2025, by Niftynews The Reserve Bank of India (RBI) Monetary Policy Committee (MPC) is poised to announce its first monetary policy decision under the leadership of RBI Governor Sanjay Malhotra. Financial experts are widely predicting that the central bank will opt for a 25 basis points (bps) reduction in the repo rate….
The Indian rupee plummeted to a record low on Wednesday, driven by a combination of bearish market sentiment, speculation over a potential Reserve Bank of India (RBI) rate cut, and stop-loss triggers that accelerated the currency’s decline. The rupee weakened to 87.4875 against the U.S. dollar before settling at 87.4650, marking a 0.4% drop for…
Posted on February 6, 2025, by Niftynews Aarti Industries (AARTIIND.NS) experienced a notable 2.5% surge in its share price on February 6, 2025, drawing attention from investors and market analysts. After a period of volatility following its Q3 results, the stock is showing signs of recovery. In this article, we’ll explore the factors behind today’s rally,…
Posted on February 6, 2025, by Niftynews The Solarium Green Energy IPO opened for subscription today, February 6, 2025, with the aim of raising ₹105.05 crore. The company is offering shares within a price band of ₹181-191 per share. The issue will remain open for bidding until February 10, 2025. Here’s all you need to know…
Posted on February 6, 2025, by Niftynews Hexaware Technologies, a leading player in global digital and technology services with artificial intelligence, is set to launch its IPO on February 12, 2025. The Hexaware IPO is an offer-for-sale (OFS) of up to 12,35,87,570 equity shares, amounting to ₹8,750 crore. The issue will open for bidding on February…
Posted on February 6, 2025, by Niftynews MRF Ltd., a leading player in the Indian tire industry, has announced its MRF Q3 Results, showing a mixed performance. While net profit experienced a significant decline, the company saw robust revenue growth. Along with these results, MRF also declared a second interim dividend for FY25. Here’s a closer…