Market News

Ola Electric Share Price Jumps 4% After Resolving 99.1% Of Complaints From CCPA.

OLA Electric Share Price Jumps 4% After Resolving 99.1% Of Complaints From CCPA.

Ola Electric Mobility’s share price today jumped over 4% in early trade on Tuesday after the company announced that it resolved most of the complaints received from the Central Consumer Protection Authority (CCPA). Ola Electric shares spiked as much as 4.45% to a high of ₹85.30 apiece on the BSE. The electric two-wheeler maker said […]

OLA Electric Share Price Jumps 4% After Resolving 99.1% Of Complaints From CCPA. Read More »

City Union Bank Shares Rise 13% On Strong Performance In Q2.

Shares of City Union Bank surged 13.21% to ₹170.50 apiece in early morning trade on Monday, October 22, following the release of the bank’s strong September quarter results. This prompted brokerages to maintain a positive outlook on the stock. The bank demonstrated improvement across key metrics, including asset quality, slippages, profitability, and net interest income

City Union Bank Shares Rise 13% On Strong Performance In Q2. Read More »

Paytm Share Price Jumps Over 5% After NPCI Approval To Onboard New UPI Users

Paytm Share Price Jumps Over 5% After NPCI Approval To Onboard New UPI Users

Paytm shares surged over 5% following the National Payments Corporation of India (NPCI) approval to onboard new users for its Unified Payments Interface (UPI) service. This regulatory clearance is a significant milestone for Paytm, as it removes a major barrier to growth and enhances investor confidence. Key Developments Regulatory Approval: The NPCI’s green light allows

Paytm Share Price Jumps Over 5% After NPCI Approval To Onboard New UPI Users Read More »

Goldman Sachs Turns Cautious On Indian Stocks, Downgrades To ‘Neutral’

Goldman Sachs Turns Cautious On Indian Stocks, Downgrades To ‘Neutral’

Indian stocks, which have been experiencing intense selling pressure in recent sessions, are set to face more challenges as Goldman Sachs Group downgraded Indian equities to ‘neutral’ from ‘overweight,’ citing slowing economic growth that is impacting the outlook for corporate earnings, Bloomberg reported.  The group had previously raised Indian stocks to ‘overweight’ late last year,

Goldman Sachs Turns Cautious On Indian Stocks, Downgrades To ‘Neutral’ Read More »

Persistent Systems Share Price Surges 12% To Record High After Strong Q2 Results

Persistent Systems Share Price Surges 12% To Record High After Strong Q2 Results

Persistent system share price jumped nearly 12% to touch all-time high levels following strong Q2 results. In the quarter that ended September, the company’s consolidated net profit rose by 23.44% to reach ₹324.9 crore, compared to ₹263.2 crore in the same period last year. The revenue from operations for the quarter increased by 20.13% to

Persistent Systems Share Price Surges 12% To Record High After Strong Q2 Results Read More »

Olectra Greentech Stock Surges 6% After Net Profit Jumps 156% Yoy In Q2

Olectra Greentech Stock Surges 6% After Net Profit Jumps 156% Yoy In Q2

Shares of  Olectra Greentech, an electric bus manufacturer, surged 6% in intraday trade on Wednesday, October 23, to ₹1,716 apiece after the company reported a healthy set of numbers for the September quarter. The company released its Q2FY25 results post-market hours on Tuesday, wherein it posted a 156.50% increase in consolidated net profit to ₹47.65

Olectra Greentech Stock Surges 6% After Net Profit Jumps 156% Yoy In Q2 Read More »

With ₹1,171 Crore Order Inflow, KEC International’s Share Price Increases By 7.5%

KEC International Ltd.’s stock rose more than 7% on Thursday following the company’s acquisition of contracts from the Middle East valued at Rs 1,171 crore. According to an exchange filing, the contracts comprise a 380 kV transmission line project in Saudi Arabia and a 400 kV transmission line project in the United Arab Emirates. Growth

With ₹1,171 Crore Order Inflow, KEC International’s Share Price Increases By 7.5% Read More »

After Q2 Results, Nvidia’s Shares Drops 7%

Although Nvidia’s second-quarter profits were mostly expected, Wall Street investors were unimpressed with the chipmaker’s outlook for the upcoming quarter. Following the bell, the firm released its Q2 results. At the closing bell, Nvidia’s share price was 2.1% lower at $125.61 per share. Nvidia Shares Decline However, during after-hours trading, the price of Nvidia’s share

After Q2 Results, Nvidia’s Shares Drops 7% Read More »

Here’s why Zee Entertainment’s shares increased 14% 

Zee Entertainment Enterprises Ltd. (ZEEL) saw a 14.26% increase in shares on Tuesday, reaching a day high of Rs 154.65. The media company’s merger termination disputes with Sony Pictures were resolved, which resulted to today’s substantial increase in the share price.  “ZEEL, Culver Max Entertainment Pvt Ltd (CMEPL) operating as Sony Pictures Networks India (SPNI),

Here’s why Zee Entertainment’s shares increased 14%  Read More »