Priced at Rs 700–740 per share, the IPO is up to 50 percent below levels paid by early investors pre-IPO
Raymond shares fell 66%—but it’s not a crash. This is the second major demerger for the Gautam Singhania-led group, following the earlier split of its lifestyle business into Raymond Lifestyle, which listed on stock exchanges in September 2024. On May 14, Raymond Realty separated from Raymond Ltd, and the stock price adjusted accordingly. In this video: ✅ Why the drop happened ✅ What the demerger means for investors ✅ Raymond Realty’s ₹40,000 crore pipeline ✅ What’s next before its listing in FY26 This isn’t lost value—it’s value unlocked.
HDFC Bank stock saw large trades aggregating to over Rs 230 crore on NSE within the first few minutes of opening. The stock is down 10 percent from its 52-week high hit in December.
Three stocks on the Nifty Next 50 index -- Union Bank, IndiGo and D-Mart moved above their 100-day averages today. While Union Bank and IndiGo sustained gains near the day's high, D-Mart struggled to hold its highs.
Asian Paints and Titan Company shares fell in the morning trading with volumes topping their respective 10-day average. Both the Nifty 50 companies declared their Q3 financial results yesterday.
IndusInd Bank remained the top performer among the Nifty stocks, followed by HDFC Life and Apollo Hospitals at noon, as Finance Minister Nirmala Sitharaman delivered her Union Budget 2025 speech.
Bharat Electronics Ltd (BEL) shares surged ahead of the Union Budget 2025, buoyed by strong Q3 earnings, bullish brokerage calls, and optimism over a robust order pipeline. The PSU defence stock’s breakout above key price levels shows bullish sentiment.
Tata stocks rallied on Tuesday after the group began work on a Rs 15,000-crore IPO of financial services arm Tata Capital. The move sparked interest in Tata Chemicals, Tata Motors, and Tata Investment Corp due to their equity share holding in Tata Sons or Tata Capital.
Vedanta's latest dividend payout amounts to Rs 3,324 crore, taking its total dividend distribution for the current financial year to Rs 16,799 crore.
brokerage said the funds from Vodafone’s complete exit from the Indian towers company are likely to find its way back to Indus Towers shareholders as dividend with attractive yields of up to 6 percent.
Swiggy stock has gained about 33 percent over its IPO price of Rs 390 in less than a month from listing, with the current market capitalisation at Rs 1.16 lakh crore.
Greaves Cotton stock has delivered robust returns, climbing over 38 percent in the last year, outperforming benchmark market indices. Today's jump in the stock price and volumes shows investor interest in the EV unit IPO.
HDFC Bank's reported significant sell-down of loans may slow down its loan growth to below 10 percent. While that may be a part of the bank's strategy to maintain profitability, it may hit ratios in the short term.
Suzlon stock saw a 3.7 crore shares being sold at Rs 77 per share in large deals, a day after a significant 1.17 GW order win from NTPC Green.
ICICI Bank has topped $100 billion in market capitalisation, becoming only the sixth Indian company to achieve the feat. The stock has gained about 12 percent from the lows of June 4.
Bernstein has issued a 'buy' call on Zomato stock, with a share price target of Rs 230. Bernstein cites levers for growth in margins and returns.
sports utility vehicles or SUVs like Brezza, Fronx, Grand Vitara, and Invicto sales jumped a healthy 54 percent in April.
Various biofuels covered under this agreement include Sustainable Aviation Fuel (SAF), Ethanol, Compressed Bio-Gas (CBG), Biodiesel and Bio-bitumen among others, Praj Industries said.
IndusInd International Holdings Limited (IIHL) -- promoter of IndusInd Bank -- said that its board approved an appraisal of up to $1.5 billion, thus increasing its stake in IndusInd Bank to 26 percent from the current 15 percent.
Advanced Vital Enzymes Private Limited, a promoter entity in AET, offloaded a 2.28-percent stake in the company on June 28, out of which, ICICI Mutual Fund bought a 0.89 percent stake on the same day.
“In this context and based on the execution of new export orders, we increase the company’s revenue growth projection for FY25 by 5 percent to 17 percent,” said Axis Securities.
Though, HBL Power Systems clarified early morning that the products being considered for slump sale have nothing to do with the “Kavach” Train Collision Avoidance System, or any other signaling product of HBL Power Systems.
Gateway Distriparks will continue to maintain its market share in key markets, Citi said.
PNC Infratech is said to be in discussions to sell 12 road assets to KKR's roads platform, Highways Infrastructure Trust, for an EV of about Rs 9,000 cr. Nomura says if the deal goes through, the rerating of the stock to 12 times PE is likely. Swastika sees strong likelihood of stock hitting all-time high of Rs 395.
SoftBank is likely to sell shares in the two startups in smaller tranches in the open market, rather than through block deals, sources have said