BUSINESS
Swiggy shares drop 10% to hover near listing price after rival Zomato's Q3 profit plunges 57%
Swiggy shares fell 10% during trading on January 21, impacted by a spillover effect after peer Zomato reported lower-than-expected Q3 results, weighing on investor sentiment in the food-delivery segment.
BUSINESS
MCX shares plummet 11% after Morgan Stanley issues 'underweight' call post-Q3 results
MCX reported a net profit of Rs 160 crore in Q3FY25, marking a strong comeback from Rs 5.35 crore loss it had reported in Q3FY24
BUSINESS
Stallion India Fluorochemicals IPO sees 188x subscription on Day 3, NII portion booked 422x; check latest GMP
The IPO comprises of fresh issue of 1.78 crore equity shares and an offer-for-sale (OFS) of 43.02 lakh shares. Stallion India Fluorochemicals has set a price band of Rs 85 to Rs 90 per share for the IPO.
BUSINESS
United Breweries shares jump 5% as firm resumes beer supply to Telangana Beverages Corp
The maker of Kingfisher beer said this is an "interim decision" taken in the "interest of consumers, workers and stakeholders".
BUSINESS
RVNL shares jump 5% again today on Budget sops hopes, other railway stocks give up morning gains
RVNL stock has seen a strong resurgence in the past few days after it secured a Rs 3,622 crore contract from BSNL, recovering from the 7-month-low level it had hit on January 13.
BUSINESS
Britannia, HUL, Nestle, other FMCG stocks fall up to 31% from 2024 peaks: Here's what investors should do
Weakness in consumer spending may persist, be careful in selecting FMCG stocks, Sharekhan's Gaurav Dua told Moneycontrol recently
