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Shares of Patanjali Foods crashed 20% to hit a fresh 52-week low on Wednesday, with the stock nearly halving in value from the high hit in July last year. The stock fell to a 52-week low of Rs 328.20 on the NSE, prompting the company to issue a clarification. Patanjali Foods said there were no…
The shares of banks, including heavyweights HDFC Bank, State Bank of India (SBI), IndusInd Bank and others, rose up to 2% on Wednesday, pushing the Nifty Bank index around 1% up as financial stocks led gains on Dalal Street. The Nifty Bank index gained around 561 points to trade at 58,023, as seen at 12.40…
Ather Energy‘s share price rallied 5.80% to Rs 1,271.80 during Wednesday’s trading session after Hero MotoCorp approved an additional investment of up to Rs 1,000 crore in the electric two-wheeler manufacturer, reinforcing its long-term commitment to the EV company. According to the company’s regulatory filing, the Committee of Directors (COD) of Hero MotoCorp, at its…
Shares of Billionbrains Garage Ventures, the parent company of broking platform Groww, surged nearly 8% to an intraday high of Rs 219 on the BSE after the company reported strong Q1 FY27 earnings. The company posted a consolidated net profit of Rs 735 crore for the quarter, up 94.44% from Rs 378 crore in the…
Landmark Cars shares rallied up to 13% to the day’s high of Rs 570 on BSE against the previous close of Rs 504 after the company reported its business update for the June 2026 quarter. According to the filing with the exchange, the company reported its highest-ever first-quarter sales, driven by strong growth in both…
Kusumgar shares jumped another 10% after a stellar market debut, hitting an intraday high of Rs 631.35 on the BSE after listing at a nearly 37% premium to the IPO price. The stock debuted at Rs 574 on the BSE, a 36.99% premium to its issue price of Rs 419, while on the NSE it…
Mumbai: The insurance sector is expected to post a mixed set of earnings for the June quarter, with life insurers likely to report slower premium growth amid macroeconomic uncertainty, while health insurers may remain the standout performers, aided by sustained demand and improved affordability. General insurers, meanwhile, are expected to continue grappling with intense pricing…
Shares of L&T Technology Services rallied 6% on Wednesday after the IT firm reported a consolidated net profit of Rs 356.6 crore for the April-June quarter of FY26, marking a nearly 13% year-on-year (YoY) increase from Rs 315.7 crore reported in the corresponding quarter of the previous financial year. The shares sharply surged to Rs…
Shares of IDBI Bank jumped around 3% on Wednesday after the government finalised Canada’s Fairfax Holdings for the sale of its stake in the bank, in a deal expected to be worth around Rs 53,000 crore ($5.5 billion). The shares of the company jumped to Rs 88.99 apiece on Wednesday morning after people familiar with…
Every month, mutual fund industry body AMFI releases data on inflows and outflows across different fund categories. These numbers are tracked by investors and analysts as they offer clues about investor sentiment and where the money is flowing. WHAT ARE MUTUAL FUND FLOWS? Fund flows are the net amount of money investors put into or…