The rupee fell in line with its Asian rivals following President Trump’s implementation of tariffs. However, when the delay in imposition was announced, it did not become as strong. As a result, the rupee exhibits asymmetric behavior. There appears to be an intention to remedy overvaluation further. The new RBI governor has undoubtedly enhanced the … Read more
Mahanagar Telephone Nigam Ltd (MTNL) shares rose on Wednesday for the second consecutive day. The stock surged 20% to reach its upper price range of Rs 57.16. This price has increased by 27.58 percent in just two trading days. Today’s dramatic increase in the share price followed CNBC Awaaz’s report that the Centre had authorized … Read more
Torrent Power’s consolidated net profit jumped by over 31% to Rs 489.33 crore on Tuesday compared to the previous year, mainly owing to more significant revenues from increased sales of power from gas-based facilities and a gain from the sale of non-current investments. Torrent Power reported a total net profit of Rs 374.13 crore for … Read more
On February 4, 2025, several major companies released their third-quarter (Q3) financial results for the fiscal year 2024-25. This report highlights the performance of notable firms, including Tata Power, Asian Paints, Bajaj Electricals, and others. Q3 Results Yesterday On Tuesday, February 4 Other companies that will declare their September to December quarter financial results include … Read more
Castrol India’s stock rose by 9% in the early trade of Tuesday, February 4, as per the records of the National Stock Exchange, making the highest share price up to the level of ₹ 192.90 each for the shares in the company because of investors’ positive response to Castrol’s Q3 and FY numbers declared subsequent … Read more
Titan Company is going to release its performance reports for the third quarter of the financial year 2025 on Tuesday, 4th February. Tata Group’s jewelry-making company is expected to show decent performance in Q 3 FY 25, benefiting from the festival season and marriage season. Sterling analysts are forecasting that Titan Company will have nearly … Read more
On February 4, 2025, LIC Housing Finance (LICHF) witnessed a notable uptick in its share price, rising by approximately 3% to trade around Rs 571.50. This increase comes on the heels of Jefferies brokerage firm adjusting its target price for the company from Rs 795 to Rs 700 while maintaining a “Buy” rating. After this … Read more
On February 4, 2020, at the BSE, the stock of Premier Energies rose by 10.30 percent to Rs 1,177.60 in the early trade after the company informed that it had posted a YoY PAT of 490.58% to reach Rs 255.22 crore for the Q3 of FY 2020-21. The same has gone up to Rs 43.21 … Read more
On February 1, 2025, Finance Minister Nirmala Sitharaman announced a significant policy change during her Budget speech, raising the Foreign Direct Investment (FDI) limit in the Indian insurance sector from 74% to a full 100%. This move is aimed at attracting more foreign capital into the insurance market, which has historically been underpenetrated compared to … Read more
UPL Ltd., a leading global agrochemicals manufacturer, has experienced a notable surge in its share price following the announcement of its third-quarter (Q3) results for the financial year 2024-25. The company reported a net profit of ₹828 crore, a significant turnaround from a net loss of ₹1,217 crore in the same quarter the previous year. … Read more