What Mamaearth IPO papers tell investors about ITC, HUL, Marico & other traditional FMCG players

New-age personal and wellness brands such as Mamaearth (Honasa Consumer), WowSkin Science, Plum, Sugar and Good Glamm gained high traction during the pandemic due to their digital-first approach, but traditional…

RattanIndia Ent shares jump 18% after acquiring Revolt Motors; here’s what analysts say

Shares of RattanIndia Enterprises jumped in Monday’s trade after the acquisition of electric motorcycles maker Revolt Motors amid heavy volumes. The stock surged 18.45 per cent to hit a day…

India’s exports in December 2022 dipped by 12.2%; trade deficit at $23.76 bn

India’s merchandise trade deficit in December was largely flat at $23.76 billion compared with $23.89 billion in the previous month, according to a Reuters calculation based on export and import…

Vijay Kedia cuts stakes in three companies, stayed put on six others

Vijay Kedia, the seasoned investor, has trimmed his stakes in the as many as three companies, including one potential exit, suggests the latest shareholding pattern. Along with it, Kedia has…

Q3 results impact: Bank of Maharashtra, Federal Bank shares rally up to 9% on solid earnings

Bank of Maharashtra  reported a two-fold jump in its standalone profit after tax at Rs 775 crore for the December quarter. Gross NPAs declined to 2.94 per cent of total…

Want to bet on manufacturing sector? Analysts suggest buying these 7 stocks for solid returns

India is gradually progressing on the road to Industry through the government initiatives like the National Manufacturing Policy which aims to increase the share of manufacturing in GDP to 25…

Delhivery shares gain after four sessions as Macquarie sees 42% upside

Shares of Delhivery rose after four sessions today after Australian brokerage Macquarie initiated coverage on the logistics services provider with a buy call. The brokerage has assigned an outperform rating…

Indian Overseas Bank stock zooms 8%; heading toward 52-week high

Shares of public sector lender Indian Overseas Bank rose over 8% amid a rising market today. The stock has been trading in the green for two sessions. Indian Overseas Bank…

Maruti Suzuki shares fall even as carmaker hikes product prices. Full details

Shares of Maruti Suzuki tanked over 1.26 per cent to hit a day’s low of Rs 8346.45 in early trade on BSE after the company announced a 1.1 per cent…

Paytm Payments Bank gets final RBI nod to operate as Bharat Bill Payment Operating Unit

Paytm Payments Bank on Monday said it has received final approval from the Reserve Bank of India to operate as a Bharat Bill Payment Operating Unit (BBPOU). Under Bharat Bill…