Category: Stock

Shares of China’s Ab&B Bio-Tech gained nearly 170% on Monday, as the vaccine development firm debuted on the Hong Kong Stock Exchange after it raised $55 million in an initial public offering. The retail tranche of the IPO was nearly 4,000 times oversubscribed by investors, the company’s filings showed. The share hit a high of […]

After plunging 20% on Friday, shares of PG Electroplast fell another 15% on Monday morning, taking their two-day loss to 30%. After hitting the 10% lower circuit, the stock fell another 5% to Rs 500.50 on BSE after Nuvama cut its target price from Rs 1,100 to Rs 710. The downgrade was driven by weak […]

Manappuram Finance shares will be in focus on Monday after the company reported a net profit of Rs 138 crore for Q1FY26, a steep 75% drop from Rs 555 crore in the year-ago period. Revenue from operations declined 9% YoY to Rs 2,262 crore. The gold loan segment posted a 10% YoY revenue increase to […]

A total of 15 NSE-listed stocks with a market capitalisation of over Rs 1,000 crore closed above their 200-day moving average (DMA) as of August 8. Of these, we have highlighted the top 10 that posted gains of more than 1.5% in the previous trading session, according to stockedge.com’s technical scan data. The 200-day daily […]

Markets extended their losing streak for the sixth consecutive week, weighed primarily by escalating trade tensions between the US and India. In the coming week, attention will turn to domestic CPI and WPI inflation data. Developments in US–India trade relations will also remain in focus amid ongoing discussions over a trade agreement. STATE OF THE […]

ET Intelligence Group: A sectorwise review of the June quarter results season so far reveals that demand was subdued for majority of the sectors including automobiles, banking and finance, and information technology (IT). On the other hand, sectors including cement, metals and pharma benefitted from a combination of factors such as stable demand, lower input […]

ICICI, one of India’s largest and fastest growing banks, is making itself out of bounds for the hoi polloi. The private sector bank has dramatically raised the average minimum balance that depositors in metros and urban areas have to keep in their savings bank (SB) account to ₹50,000. About a week ago, it was ₹10,000. […]

Mumbai: Sebi chief Tuhin Kanta Pandey on Friday said there is a need to redefine the role of independent directors. “We cannot continue to view them as honorary appointees or friendly critics. They must be viewed and treated as stewards of accountability,” Pandey said while addressing the 2025 Annual Directors’ Conclave. He said this requires […]

Bank credit rose 1.4% in FY26 so far as against 2.3% a year ago, while deposits growth remained steady – at 3.4% against 3.5% in the same period. On a year-on-year basis, deposits rose 10.2% while advances climbed 10% in the fortnight ending July 25, showed the Reserve Bank of India’s (RBI) latest weekly statistical […]

The Securities and Exchange Board of India (Sebi) has proposed measures to facilitate greater participation by resident Indians in Foreign Portfolio Investors (FPIs). In a consultation paper released on August 8, the regulator suggested allowing retail schemes based in GIFT International Financial Services Centres (IFSCs) with Indian firms to register as FPIs. “Today, an FPI […]