Category: Blog

On November 14, 2024, Nava Ltd.’s board of directors approved a 2:1 stock split, where each fully paid equity share with a face value of ₹2 will be split into two shares with a face value of ₹1 each. The company has not yet announced the record date for this stock split. This move will…

On November 13, 2024, KNR Constructions’ shares surged by 14.31%, reaching a three-week high of ₹324.65 in intraday trading, fueled by impressive Q2 FY25 earnings. The stock opened at ₹306.45 on the NSE, reaching ₹324.85 by 9:30 AM and gaining 10% by 10:30 AM, settling at ₹313. Strong Q2 Financial Performance KNR Constructions posted remarkable…

Sula Vineyards Limited, India’s largest wine producer, has released its Q2 and H1 FY25 financial results, showcasing growth in its Own Brands segment, which has now expanded for ten consecutive quarters. H1 FY25 Performance Q2 FY25 Highlights Profitability and Margins Sula reported declines in profitability and margins during the quarter: Consolidated Financials For Q2 FY25,…

Samvardhana Motherson International Ltd. (SAMIL) reported a significant increase in consolidated net profit for the September quarter, reaching ₹948.81 crore—a fourfold jump from the ₹294.15 crore posted in the same quarter last fiscal year. This impressive growth was largely fueled by a strong rise in revenue, which climbed to ₹27,811.86 crore from ₹23,527.46 crore year-on-year.…

Union Finance Minister Nirmala Sitharaman recently stated that India may consider reducing certain import taxes, as long as such changes do not negatively impact local businesses. This potential adjustment in trade policies comes in response to criticisms from US President-elect Donald Trump, who had previously described India as a “tariff king” due to its high…

Market expert Raghvendra Singh shared his views on select stocks, including Bajaj Housing Finance Ltd and Hyundai Motor India Ltd, on Tuesday. Regarding Bajaj Housing Finance, Singh noted that the stock may see a reversal in the near future. He advised investors holding the stock to continue with their positions, placing a stop loss at…

Ashapuri Gold Ornament Ltd (AGOL) has entered into a strategic agreement with Titan Company Ltd to supply gold jewelry. This agreement, which started on August 1, 2024, and runs through July 31, 2026, outlines a framework for AGOL to supply gold jewelry based on specific purchase orders from Titan during the contract period. Although the…

Global stocks faced pressure on Tuesday amid investor concerns about U.S. President-elect Donald Trump’s policies. With his victory, investors are reassessing their positions, particularly in anticipation of potential tariff increases, tax cuts, and deregulation in his second term. While the S&P 500 and small-cap stocks reached new all-time highs, the euro and Chinese yuan weakened…

Swiggy’s upcoming IPO, scheduled for November 13, is set to create significant wealth for its employees, with around 500 of them expected to earn ₹1 crore each through Employee Stock Option (ESOP) payouts. In total, approximately 5,000 employees who have been with the company for several years and played a role in its growth will…

Jash Engineering Ltd, a prominent player in the capital goods and engineering sector, has recently announced its corporate performance for October 2024. According to an exchange filing, the company secured consolidated orders worth ₹45 crore, with 43% of these orders coming from the domestic market and 57% from international markets. Key contributions were made by…