Pharma stocks have staged a strong rally this year, defying broader weakness in the Indian stock market amid rising geopolitical tensions stemming from the US-Iran war in the Middle East.…
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Protean eGov share price hits 20% upper circuit after strong Q4 results. Do you own?
Protean eGov share price hit 20% upper circuit to ₹654.20 apiece on NSE in Thursday’s trading session after the company report strong numbers during the quarter ended on March 31,…
Vegorama Punjabi Angithi IPO Day 2: Issue booked 2.31x so far. Check GMP, subscription, key details
The Vegorama Punjabi Angithi initial public offering (IPO) began on Wednesday, 20 May, and will end on Friday, 22 May. Vegorama Punjabi Angithi IPO price band is set at ₹73…
Is buy-on-dips strategy truly working for mutual fund investors? Here’s what past 2-year data reveal
As the stock market has been volatile amid persisting geopolitical risks, increased inflationary pressure, and weak earnings, the buy-on-dip behaviour of retail investors has strengthened again. However, this strategy has…
Mukesh Ambani’s RIL-led $4 billion Jio IPO hits roadblock on US-Iran war impact: Report
Ltd.’s plan to sell shares in digital arm Jio Platforms Ltd. — potentially India’s biggest-ever initial public offering — is running into a thicket of challenges exacerbated by the war…
India’s power demand hits fresh record for 3rd straight day amid heatwave
India’s electricity demand climbed to a fresh record high for the third day in a row on Wednesday as soaring temperatures across several parts of the country pushed up the…
Nvidia’s AI gold rush continues: Posts record revenue, announces $80 billion buyback
The artificial intelligence boom continues to mint money for the world’s most valuable company, Nvidia. The chip giant on Wednesday reported another blockbuster quarter, posting record revenue and profit numbers…
Could the rupee ever hit 150 against the US dollar?
Rs 150 for one US dollar sounds less like an exchange rate and more like the kind of number associated with an economy in deep trouble. Which is precisely why…
Solfin raises ₹280 crore, turns profitable in first year of operations
Solfin Sustainable Finance has closed a ₹280 crore funding round and achieved profitability within its first full year of operations, the green finance company announced on Wednesday. The combination is…
Lenskart shares jump despite Q4 profit decline on strong growth outlook
Shares of Lenskart surged over 6 per cent on Thursday even as the eyewear company reported a decline in fourth-quarter profit, with investors cheering robust revenue growth, aggressive store expansion…