Stock Update

ICICI Bank Q3 profit grows 14.8% YoY to Rs 11,792 crore, asset quality stable on sequential basis. NTPC Q3 profit rises 3% YoY to Rs 4,711.4 crore, operating margin spikes 370 bps. KEC International wins transmission & distribution orders worth Rs 1,445 crore from Power Grid. RPP Infra Projects wins orders worth Rs 87.56 crore from Greater Chennai Corporation. Watch here for more updates

Tata group shares jump up to 13% today as Tata Capital begins work on mega IPO, fuels hope of value unlocking

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.

Reliance Industries block deal: 67 lakh RIL shares sold in large trades, estimated at over Rs 890 crore

Reliance Industries has regained favour among global brokerages, with Morgan Stanley, JPMorgan, and Citigroup recently giving bullish calls on the stock, citing key drivers for its recovery.

Swiggy stock gains 3 percent as Q2 revenue rises, losses narrow

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.

Adani stocks extend fall today after steep losses amid US bribery allegations against Gautam Adani

Adani Group’s listed firms suffered a combined market capitalisation loss of Rs 2.2 lakh crore, marking one of the steepest single-day declines in the group’s history, after US federal prosecutors filed charges of bribery against founder Gautam Adani.

TCS stock hit by $194 penalty in US court, marginally down amid buoyant market

TCS share price marginally in red, even as other IT stocks, Nifty 50 gain. The US court penalty of $194 million likely dragged the stock.

Tata Steel's Mega Merger Explained. What's In It For Shareholders? Stocks In News | Hot Stocks

Tata Group has informed the stock exchanges that it will merge all metal companies with Tata Steel to create an even bigger behemoth. According to the regulatory filing Tata Steel Long Products, The Tinplate Company of India, Tata Metaliks, TRF, the Indian Steel & Wire Products, Tata Steel Mining and S&T Mining Company will merge with Tata Steel. What is the rationale behind the amalgamation and what does it mean for the shareholders? Watch!