Category: Stock

Capital markets regulator Sebi has cleared the decks for two new public issues, with engineering services provider Neilsoft and renewable energy firm Prozeal Green Energy receiving final observations to launch their IPOs. Prozeal Green Energy Ahmedabad-based Prozeal Green Energy, the country’s fourth-largest solar engineering, procurement and construction (EPC) company by revenue in FY24, plans to […]

U.S. stocks are drifting near their record levels on Tuesday, as expectations for coming cuts to interest rates by the Federal Reserve continue to support financial markets. The S&P 500 added 0.1% and was just below its all-time high set last week. The Dow Jones Industrial Average was up 32 points, or 0.1%, as of […]

Quarterly EBITDA growth suggests that companies are seeing higher earnings before interest, taxes, depreciation, and amortization, indicating enhanced profitability and operational efficiency. Among the Nifty 200 segment, these 8 stocks have recorded over 70% EBITDA growth in the June ’25 quarter compared to the same period last year, according to StockEdge profitability scan. Source link

Blue Jet Healthcare on Tuesday announced that its promoter Akshay Bansarilal Arora will sell his shares via an offer for sale (OFS) which will open on Wednesday. Arora will sell up to 59,25,925 equity shares representing 3.42% of the company’s total paid-up equity capital. In addition, he may exercise an oversubscription option of the same […]

Indian headline indices ended with gains today aided by IT and pharma stocks. Nifty remained in a narrow range of 100 points before closing higher. Commenting on the day’s action, Rupak De, Senior Technical Analyst at LKP Securities, said that the current sentiments look positive in the short term, with the index sustaining above the […]

American multinational investment bank Citigroup bought 57,000 shares worth over Rs 43 crore in Voltamp Transformers on Tuesday via a bulk deal. The shares were purchased at a price of Rs 7,605 apiece which was a 2% discount over the Monday closing price of Rs 7,774.40. Citigroup’s dip buying in this smallcap multibagger stock comes […]

The Indian market ended higher on Tuesday, as Infosys’ announcement of a potential share buyback sparked a rally in IT stocks. Consumer discretionary shares also advanced amid optimism over broad cuts to goods and services taxes, while investor sentiment was further supported by growing expectations of a U.S. interest-rate reduction later this month. The S&P […]

Shares of Jane Street Group-backed Nebius Group N.V. surged 52% to hit the day’s high of $97.87 on Nasdaq in the initial trade on Tuesday reacting to the company’s announcement of a multi-billion dollar agreement with Microsoft for AI infrastructure. The Amsterdam-headquartered and Nasdaq listed AI infrastructure company on Monday said that it will deliver […]

Mining and power company Prakash Industries has fixed Wednesday, September 17 as the record day to determine the eligible investors for its Rs 1.50 per share dividend for the financial year 2024-25. The multibagger stock which is part of the portfolios of ace investors Dolly Khanna and Mukul Agrawal, has delivered 255% returns in the […]

Japanese financial services group Sumitomo Mitsui is set to sell its entire 1.65% stake in Kotak Mahindra Bank through a block deal worth Rs 6,166 crore, according to a report by CNBCTV18. The stake sale comes at a floor price of Rs 1,880 per share — about 4% discount to Kotak’s last closing price. Shares […]