Moneycontrol PRO

Debaroti Adhikary

Senior Sub Editor

Moneycontrol

Honasa Consumer shares rise 2% as firm enters men's grooming segment with Reginald Men acquisition

BUSINESS

Honasa Consumer shares rise 2% as firm enters men's grooming segment with Reginald Men acquisition

Honasa Consumer share price: BTM Ventures, which had an annual turnover of only Rs 7,000 in FY23, rapidly grew its presence across India to record an annual turnover of Rs 20.15 crore in FY25.

Aditya Birla Capital shares rise 2% after RBI approves firm's conversion into NBFC investment and credit company

BUSINESS

Aditya Birla Capital shares rise 2% after RBI approves firm's conversion into NBFC investment and credit company

Aditya Birla Capital share price: Earlier this year, Aditya Birla Capital announced that it has completed its amalgamation with its wholly-owned NBFC subsidiary Aditya Birla Finance.

Dixon Tech rises 3% as CLSA maintains 'Outperform' despite concerns: Analysts say EMS demand still intact

BUSINESS

Dixon Tech rises 3% as CLSA maintains 'Outperform' despite concerns: Analysts say EMS demand still intact

Dixon Tech shares declined more than 23% in less than a month, partly due to the rub-off effect from peer Kaynes Tech's selloff.

Hindustan Zinc shares jump 8% to fresh 52-week high as silver crosses Rs 2 lakh/kg for first time

BUSINESS

Hindustan Zinc shares jump 8% to fresh 52-week high as silver crosses Rs 2 lakh/kg for first time

Hindustan Zinc share price: The stock hit a new 52-week high of Rs 566.70 today. It is still around 61% lower than its all-time high level of Rs 1,443 per share, which it had hit in January 2011.

GMDC shares jump 7% after company gets clearances for Odisha coal mine

BUSINESS

GMDC shares jump 7% after company gets clearances for Odisha coal mine

GMDC share price: GMDC said that the Baitarni-West coal mine has emerged as its most 'value-accretive' asset owing to its scale and geological potential.

IDBI Bank shares jump 4% as report says Canada's Fairfax frontrunner in lender's stake sale

BUSINESS

IDBI Bank shares jump 4% as report says Canada's Fairfax frontrunner in lender's stake sale

IDBI Bank share price: Fairfax Financial, which was founded by Indian-Canadian billionaire Prem Watsa, is considering an all-cash offer matching IDBI's current market value, the Economic Times reported.

Hindustan Copper, Hind Zinc, other metal stocks rise up to 8% on China's 'proactive' fiscal policy, weaker dollar

BUSINESS

Hindustan Copper, Hind Zinc, other metal stocks rise up to 8% on China's 'proactive' fiscal policy, weaker dollar

Metal stocks: The Nifty Metal index nearly 3% on Friday, extending gains for the third consecutive session

Nephrocare Health Services IPO closes with 14x subscription on Day 3: Check latest GMP

BUSINESS

Nephrocare Health Services IPO closes with 14x subscription on Day 3: Check latest GMP

Nephrocare Health Services IPO GMP: The allotments will likely be finalized by December 15, and the shares are scheduled to be listed on stock exchanges BSE and NSE on December 17.

Park Medi World IPO subscribed 8x on Day 3; GMP suggests tepid listing

BUSINESS

Park Medi World IPO subscribed 8x on Day 3; GMP suggests tepid listing

Park Medi World IPO GMP: Park Medi World operates the second largest private hospital chain in North India with 3,000 beds capacity.

L&T shares rise 3% after Goldman Sachs upgrades to 'Buy': Check latest target price

BUSINESS

L&T shares rise 3% after Goldman Sachs upgrades to 'Buy': Check latest target price

L&T share price: Goldman Sachs upgraded its rating on L&T shares to 'Buy' from 'Hold', and increased its target price to Rs 5,000 per share from Rs 3,730 per share.

Hubtown shares fall 9% after company calls off preferential issue on lack of investor interest

BUSINESS

Hubtown shares fall 9% after company calls off preferential issue on lack of investor interest

Hubtown shares have now fallen 25% in five consecutive sessions of recording losses.

Midcap stocks to benefit, say analysts as PFRDA expands investment options for pension funds; here's why

BUSINESS

Midcap stocks to benefit, say analysts as PFRDA expands investment options for pension funds; here's why

PFRDA on December 10 announced that it will now let private pension funds to invest in the top 250 stocks by market capitalisation listed on Indian stock markets.

Kotak sees Nifty 50 rising 24% to 32k by December 2026 in bull case; check key reasons

BUSINESS

Kotak sees Nifty 50 rising 24% to 32k by December 2026 in bull case; check key reasons

Kotak Securities noted that one-year return of the Indian market has been 'quite mediocre', though the three-year performance remains very strong.

Shakti Pumps shares jump 13% as firm wins Rs 444-crore order for solar pumps from MSEDCL

BUSINESS

Shakti Pumps shares jump 13% as firm wins Rs 444-crore order for solar pumps from MSEDCL

Shakti Pumps received a letter of empanelment from Maharashtra State Electricity Distribution Company for 16,025 solar pumps for the entire state under Magel Tyala Saur Krushi Pump Yojana/PM Kusum B Scheme.

Kaynes Tech shares rise up to 6% as some brokerages say 'structural growth story remains strong'; check target prices

BUSINESS

Kaynes Tech shares rise up to 6% as some brokerages say 'structural growth story remains strong'; check target prices

Kaynes Technology share price: ICICI Direct views the issues highlighted by Kotak as disclosure-related discrepancies with no fraudulent intent.

Hindustan Zinc rises 4% as silver hits fresh high after Fed rate cut, stock surges 9% in 3 days

BUSINESS

Hindustan Zinc rises 4% as silver hits fresh high after Fed rate cut, stock surges 9% in 3 days

Hindustan Zinc share price: The sharp rise pulled up the shares of promoter Vedanta as well, which gained nearly 2% in the morning trading hours of Thursday.

Park Medi World IPO subscribed 98% on Day 2; check latest GMP

BUSINESS

Park Medi World IPO subscribed 98% on Day 2; check latest GMP

Park Medi World IPO GMP: The IPO, which has a price band of Rs 154-162 per shares, will remain open for public bidding between December 10 and December 12.

Corona Remedies IPO allotment today: How to check status on registrar, BSE and NSE; see latest GMP

BUSINESS

Corona Remedies IPO allotment today: How to check status on registrar, BSE and NSE; see latest GMP

Corona Remedies IPO allotment today: The initial public offering of Corona Remedies saw strong investor interest, being subscribed more than 137x from December 8-10.

Newly-listed Meesho shares up for 2nd day, rise up to 4% as firm invests Rs 2,890 crore in marketplace unit

BUSINESS

Newly-listed Meesho shares up for 2nd day, rise up to 4% as firm invests Rs 2,890 crore in marketplace unit

Meesho share price: The investment in subsidiary Meesho Technologies was done through a rights issue of over 131 crore equity shares at an average price of Rs 22.05 apiece.

Bumper listing: Luxury Time shares list at 90% premium to SME IPO price

BUSINESS

Bumper listing: Luxury Time shares list at 90% premium to SME IPO price

Luxury Time share price: Ahead of listing, the unlisted shares of the company were trading with nearly 121% GMP over the IPO price.

Fed rate cut or pause: What it can mean for Indian stock markets?

BUSINESS

Fed rate cut or pause: What it can mean for Indian stock markets?

Rate cut decisions by the US Federal Reserve impact the Indian stock market, as it weighs or boosts several rate sensitive stocks.

BSE, MCX, Angel One, other capital market stocks fall up to 5% as Nifty closes below 25,800: What lies ahead?

BUSINESS

BSE, MCX, Angel One, other capital market stocks fall up to 5% as Nifty closes below 25,800: What lies ahead?

The Nifty Capital Markets index has now extended losses for the third consecutive session, closing at 4,482.10 on Wednesday

IT stocks extend losses to third day, fall up to 4% ahead of Fed meet outcome: What lies ahead?

BUSINESS

IT stocks extend losses to third day, fall up to 4% ahead of Fed meet outcome: What lies ahead?

The outcome of Fed's meeting will likely impact investor sentiment around IT stocks as these Indian companies derive a significant portion of their revenue from the US market.

Kaynes Tech shares drop 10% as brokerages cut target prices: What lies ahead?

BUSINESS

Kaynes Tech shares drop 10% as brokerages cut target prices: What lies ahead?

Kaynes Technology share price: The sharp selloff in the stock began after Kotak Institutional Equities raised concerns over inconsistencies in the EMS player's related-party disclosures.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347