The net profit of Navratna PSU has increased 42% year over year, and an interim dividend of 20.05% has been announced for FY25. ₹2.05/Share: State-owned HUDCO declared an interim dividend of ₹2.50 per share on Wednesday, along with a 42% increase in its net profit to ₹735.03 crore. Dividend per share at ₹2.05: On Wednesday,…
Target price for Wipro shares in 2025: Should you buy, hold, or sell? With IT Services sales and EBITDA above the Street projections, Wipro Ltd. produced better-than-expected December quarter results. According to analysts, Wipro’s margin reached a three-year high, and management met expectations for the second consecutive quarter. Despite being lackluster, the IT major’s deal wins…
Zomato’s stock drops more than 7% due to a slowdown in the food industry and a PAT decline After Zomato admitted to a slowdown in its meal delivery business and posted lower-than-expected December quarter results, the company’s shares fell more than 7% on Monday, closing the day at Rs 230.70 on the NSE. Zomato’s Stock…
Following the Q3 results, Kotak Mahindra Bank‘s share price increased by 10%. Should I buy, hold, or sell? Following a solid third-quarter performance in the current fiscal year, Kotak Mahindra Bank’s shares increased by about 10% on Monday. On the Bombay Stock Exchange (BSE), Kotak Mahindra Bank shares were up 9.31% at 10:22 a.m. to…
L&T’s share price surges 6%, Should you buy or wait for correction Following the company’s release of a strong set of September quarter results on October 30, 2024, the price of L&T shares increased. L&T share price: On Thursday, October 31, 2024, shares of Larsen and Toubro (L&T), a significant player in the engineering and…
Ola Electric shares fall below the issue price, down 52% from their peak. On Tuesday, the share price of Ola Electric Mobility fell 3% to a record low of Rs 75.20 on the BSE. In today’s intraday trading, the price of Ola Electric’s shares dropped below their issue price of Rs 76 on the market…
Buy these 5 beaten stocks following the October share market downturn. equities to purchase: According to Emkay Global, these five equities are all appealing from a one-year viewpoint, even if the bearish momentum might not reverse right away. Many equities have dropped more than 15% from their 52-week highs, despite the NSE benchmark Nifty correcting 6%…
Suzlon Q2 Results: Revenue up 48%, net profit up 96% at ₹200 million In comparison to the previous year, Suzlon Energy Ltd.’s net profit increased 96% to ₹200.20 crore in the second quarter. The July–September quarter saw a 48% increase in operating revenue. Suzlon Q2 Results On Monday, October 28, Suzlon Energy Limited released the…
Do you own any PSU equities where FIIs boosted their holdings by as much as 2.9% in Q2? The majority of investors like PSU stocks because of their safety, high dividends, potential for value growth, and government support, which appeals to conservative and income-focused investors. In addition to their excellent financials, sound future plans, minimal…
Shares of Bajaj Auto fall more than 11% as Q2 underwhelms D-St. Is it better to purchase or sell? Bajaj Auto Share Price: After the company’s Q2 FY25 profits fell short of forecasts, shares of Bajaj Auto fell more than 11%. At Rs 2,005 crore, the net profit increased by 9%. With ratings ranging from…
