Author: Dinesh

The Swiggy HDFC Bank Credit Card is a strategic collaboration between HDFC Bank and Swiggy, designed to offer generous cashback and rewards to food lovers and online shoppers. Here’s a breakdown of its key features: In conclusion, the Swiggy HDFC Bank Credit Card is an excellent choice for those who frequently order food online, shop…

Brahmaputra Infrastructure Ltd. recently saw its share price surge by 14% during Friday’s intraday trading, following the announcement that the company had received a Letter of Acceptance (LOA) from Telecommunication Consultants India Limited (TCIL). The stock opened at ₹65.99 on Tuesday, showing a 2% increase from the previous close of ₹64.51. It then surged to…

State Bank of India (SBI), the largest public sector bank in India, released its financial results for Q2FY25 and the half-year ending on September 30, 2024. The key financial highlights are as follows: Regarding asset quality, SBI improved its metrics significantly: SBI’s capital adequacy remains robust, with its Capital Adequacy Ratio (CAR) at 13.76%. The…

Zinka Logistics Solutions Limited is set to launch its Initial Public Offering (IPO) on Wednesday, November 13, 2024, with a price band of ₹259 to ₹273 per equity share. This marks a significant milestone for the company, which is India’s leading digital platform for truck operators, serving a user base of 963,345 truck operators, or…

MRF (Madras Rubber Factory) has declared an interim dividend of ₹3 per share for FY 2025, despite a 20% decline in standalone net profit for the quarter ending September 30, 2024. The company posted a net profit of ₹455 crore, compared to ₹572 crore during the same period last year. However, its revenue from operations…

Sony Pictures Networks India (SPNI) has appointed Sibaji Biswas as its new Chief Financial Officer (CFO), with his term beginning in the first week of January 2025. In his new role, Biswas will oversee SPNI’s financial strategy, planning, and corporate finance functions, aiming to boost operational efficiency and drive growth across SPNI’s various digital and…

Mercury EV-Tech Ltd. has been making strides in the electric vehicle (EV) industry, bolstering its market presence and financial stability through targeted expansions and strategic financial moves. Recently, the company completed two key allotments and acquired a major stake in another business, strengthening its position in the fast-growing EV market. Strategic Developments Stock and Financial…

ACME Solar Holdings’ ₹2,900 crore IPO has received a strong response from investors, fully subscribing by Day 3 with an overall subscription rate of 2.33 times. The IPO, open from November 6 to November 8, saw high interest across categories. Qualified institutional buyers (QIBs) subscribed 2.93 times, and retail investors 2.83 times, while employees subscribed…

This Saturday, November 9, 2024, the NSE will hold a special mock trading session, breaking from its usual weekend closure. This event, one of the exchange’s monthly contingency drills, allows brokers and traders to test the robustness of trading systems, including infrastructure and new products, in a live environment. Scheduled to run from 10:00 AM…

State Bank of India (SBI) will report its Q2 FY25 results on November 8, 2024, drawing attention from analysts and investors interested in updates on the bank’s asset quality, loan growth, deposits, net profit, and interest income. Analyst Expectations for SBI’s Q2 FY25 Results: SBI Share Price Target (ICICI Securities) ICICI Securities maintains a Buy…