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Top News / Business Today

Hexaware Technologies, Vikran Engineering, 4 others get SEBI approval to float IPO

The six firms filed their draft papers with SEBI between September and December, receiving observation letters from the regulator between January 14-17, confirming their approval to proceed with the IPOs.

20 Jan 2025 7:59 pm
IDBI Bank Q3 earnings: Net profit rises 31%, stock gains

IDBI Bank Q3 earnings: Total income of the bank rose to Rs 8,564.92 crore in the third quarter of the current fiscal from Rs 7,514.27 crore in the year-ago period.

20 Jan 2025 3:50 pm
Zomato shares tumble 8% as company's Q3 profit dives 57%

During the quarter under review, profit slipped to Rs 59 crore from Rs 138 crore in the year-ago period. However, revenue from operations surged 64.39 per cent to Rs 5,405 crore in Q3 FY25 as against Rs 3,288 crore in the corresponding period last fiscal.

20 Jan 2025 3:35 pm
Vodafone Idea, Kiri Industries: Promoters significantly raised stake in these 34 firms in Q3

BSE Sensex retreated more than 7% during the quarter. Broader indices, the BSE Midcap and BSE Smallcap, declined more than 6% and 3%, respectively.

20 Jan 2025 3:08 pm
Union Budget 2025: Axis Securities on BFSI sector expectations, shares stock picks

Axis Securities expects Budget 2025 to continue to emphasise on capital expenditure (Capex), which could act as a trigger to support corporate credit growth for banks.

20 Jan 2025 3:06 pm
IRFC Q3 results: Profit up 2% YoY at Rs 1,631 crore; revenue edges higher

IRFC Q3 results: Revenue from operations moved up 0.40 per cent to Rs 6,763.43 crore in Q3 FY25 from Rs 6,736.57 crore in the corresponding period last fiscal. Total expenses slipped 0.10 per cent to Rs 5,135.73 crore in December 2024 quarter compared to Rs 5,141.09 crore in Q3 FY24.

20 Jan 2025 2:34 pm
Waaree Renewable shares rise over 7% today, here's why

Waaree Renewable share price today: Waaree Renewable shares rose 7.05% to Rs 1118 on BSE. Market cap of the firm climbed to Rs 11,216 crore.

20 Jan 2025 2:17 pm
Vodafone Idea shares zoomed 35% in 5 sessions; BSE, NSE seek clarity on 'AGR dues waiver' report

Voda Idea share price: The stock surged 14.91 per cent to hit a day high of Rs 10.48. At this price, it has gained 35.40 per cent in just five trading days.

20 Jan 2025 2:05 pm
Paytm share price target at Rs 1,100! Bernstein says Q3 solid, plenty to cheer about

Paytm share price today: Following the quarterly results, Paytm shares were trading 0.66 per cent higher at Rs 905.80. Bernstein suggested a target price of Rs 1,100 on the stock.

20 Jan 2025 1:42 pm
Union Budget 2025: Axis Securities sees hike in infra expenditure, shares top stock picks

Union Budget 2025 expectations: The government is expected to focus on key infrastructure segments such as roads, railways, airports, and urban infrastructure, said Axis.

20 Jan 2025 12:55 pm
Sensex, Nifty: Why stock market is rising ahead of Donald Trump oath ceremony today

The BSE Sensex stood at 604.54 points or 0.79 per cent to 77,223.87. Nifty stood at 23,335.35, up 132.15 points or 0.57 per cent.

20 Jan 2025 12:20 pm
Rallis India shares fall 8% as Q3 profit slips

Rallis India stock declined 8.12% to Rs 266.20 on Monday against the previous close of Rs 289.75 on BSE. Earlier, the stock opened lower at Rs 271.05.

20 Jan 2025 11:39 am
Paytm Q3 results: Net loss narrows to Rs 208 crore; sales drop 36%, meet expectations

Paytm said it achieved 10 per cent sequential revenue growth, due to increase in GMV, healthy growth in subscription revenues and increase in revenues from distribution of financial services.

20 Jan 2025 11:04 am
Paytm Q3 results preview: Exceptional gains to aid bottom line, sales may fall 35-37%

Paytm shares: Ahead of its quarterly results, shares of Paytm were trading 0.77 per cent lower at Rs 893.25. The stock is down 10 per cent in 2025 so far.

20 Jan 2025 10:46 am
Netweb Technologies shares slip 11% despite highest profit in Q3, check details

Netweb Technologies Q3 earnings: Revenue from operations climbed about 32 percent to Rs 334 crore in the previous quarter from Rs 253.4 crore in the December quarter of the last fiscal.

20 Jan 2025 10:44 am
Q3 earnings effect: RBL Bank shares hit 52-week low, more pain ahead?

Q3 earnings effect: In the third quarter of this fiscal, the lender reported a 86% decline in net profit at Rs 33 crore against Rs 233 crore reported in the year ago period.

20 Jan 2025 10:07 am
Laxmi Dental shares list at 23% premium over issue price

The IPO was overall subscribed a whopping 114.42 times, thanks to an all-round bidding which attracted bids worth Rs 44,000 crore.

20 Jan 2025 10:01 am
Kotak Mahindra Bank shares up 9%, pip Maruti, M&M in m-cap race; here're price targets

Kotak Mahindra Bank shares climbed 9.22 per cent to hit a high of Rs 1,920.85 on BSE. At this price, the bank commanded m-cap of of Rs 3,81,928 crore. This was higher than Maruti Suzuki India's Rs 3,78,540 crore m-cap.

20 Jan 2025 9:47 am
Why Vodafone Idea, Indus Towers shares rallied up to 10% today; stock price targets

Vodafone Idea shares hit its 10 per cent upper circuit limit at Rs 10.03 apiece. IIFL Securities sees no risk to future tariff hikes since the relief measures only partly address the challenge of making VIL a competitive third player.

20 Jan 2025 9:22 am
Kalyan Jewellers India, MOFSL shares in focus today; here's why

Kalyan Jewellers India shares: Without naming anyone, MOFSL said the baseless accusations are a deliberate attempt by individuals with vested interests to malign the good reputation that the firm and its leadership have built over decades.

20 Jan 2025 8:43 am
Stocks in news: Wipro, Zomato, Kotak Bank, Paytm, RBL Bankand more

Stocks in news today: Wipro, Zomato, Kotak Bank, Gland Pharma , IndusInd Bankand more

20 Jan 2025 8:21 am
RBL Bank shares: Is it time to sell stock post Q3 miss? Here are target prices

RBL Bank stock price today: RBL Bank stock will continue to see pressure in the near-to-medium term due to its 2 major verticals microfinance and credit cards seeing moderation in growth and asset quality stress.

20 Jan 2025 8:15 am
Adani Energy Solutions shares in news today, here's why

Adani Energy Solutions stock zoomed 1.69% to Rs 805.65 on Friday against the previous close of Rs 792.25 on BSE. Market cap of the firm climbed to Rs 96,781 crore.

20 Jan 2025 8:00 am
Wipro shares: Should you buy, hold or sell stock? Here are target prices

Wipro stock price today: Nuvama Institutional Equities said Wipros results were in line with its recent upgrade thesis, which was based on its favourable portfolio mix and strong margin performance.

20 Jan 2025 7:54 am
Vodafone Idea shares: Potential AGR wavier in Union Budget 2025? Here is VIL target price

Vodafone Idea, Bharti Airtel, Bharti Hexacom shares: In the event of a relief, IIFL Securities expects that the per share upside can be Rs 62, Rs7 and Rs 29 for Bharti Airtel, VIL and Bharti Hexacom, respectively.

20 Jan 2025 7:31 am
Angel One to Havells India: Major stocks trading ex-dividend this week. Here's what you need to know

The ex-dividend date marks when a stock begins trading without the value of its upcoming dividend. Shareholders listed by the record date qualify for the payout

19 Jan 2025 10:43 am
Capital Numbers, Denta Water and Infra, Rexpro: New IPOs to watch this week

Other significant listings and IPOs this week include Stallion India Fluorochemicals, Landmark Immigration Consultants, and CLN Energy, with price bands ranging from 70 to 250 per share.

19 Jan 2025 9:47 am
Indian Hotels Q3 earnings: Net profit rises 29%, revenue at Rs 2,592 crore

Indian Hotels Q3 earnings: Net profit climbed to Rs 582.32 crore in the third quarter against the net profit of Rs 451.95 crore in the December 2023 quarter.

17 Jan 2025 4:39 pm
TechM Q3 results: Net profit soars 92.6% to Rs 983 crore; key details

TechM Q3: Revenue in dollar terms came in at $1,567 million, down 1.3 per cent QoQ and 0.4 per cent YoY. In constant currency terms, revenue rose 1.2 per cent QoQ and 1.3 per cent YoY. Deal wins stood at $745 million.

17 Jan 2025 4:14 pm
Wipro Q3 results: Profit jumps 24% to Rs 3,354 crore; revenue slightly up

Wipro Q3 results: During the quarter under review, profit came at Rs 3,353.8 crore as against Rs 2,694.2 crore in the year-ago period.

17 Jan 2025 4:08 pm
SBI Life Insurance Q3 earnings: Net profit rises 71%, premium income at Rs 24,827 crore

SBI Life Insurance reported a 71 per cent year-on-year (YoY) rise in net profit to Rs 550.82 crore in theDecember 2024 quarter of financial year 2025 (Q3FY25)

17 Jan 2025 3:59 pm
Vodafone Idea shares jumped 20% in 4 days; what's next for this telco stock?

Vodafone Idea share price: The stock moved up 3.58 per cent to hit a high of Rs 9.25. At this price, it has gained 19.50 per cent in four days.

17 Jan 2025 3:22 pm
Tata Steel shares in a free fall; price targets, technicals & more

Tata Steel share price today: The stock gained 2% to Rs 131 in the afternoon session today.Market cap of the firm stood at at Rs 1.62 lakh crore.

17 Jan 2025 2:50 pm
Vedanta shares rise 2%; shareholder, creditor meet on Tuesday, February 18

The metals & mining giant recently announced revisions to its previously proposed demerger scheme. It has decided to retain its base metals business within Vedanta.

17 Jan 2025 1:38 pm
Yatharth Hospital clarifies on market rumours & I-T matters; stock down 37% from record high

Yatharth Hospital share price: The stock slipped 4.18 per cent in Friday's trade to hit a day low of Rs 438. At this price, it has tumbled 36.78 per cent from its all-time high level of Rs 692.85, seen on November 4, 2024.

17 Jan 2025 1:26 pm
Reliance stock: Jio listing, tariff hike key triggers; valuation cheapest since Covid, says Jefferies

RIL target price: The brokerage has a bull case target of Rs 1,850 on RIL, a base case target of Rs 1,660 and a bear case target of Rs 1,150 on the oil-to-telecom major.

17 Jan 2025 12:59 pm
Denta Water and Infra Solutions IPO to open on January 22; check price band, GMP & other details

The IPO of Denta Water and Infra Solutions is entirely a fresh share sale of 75,00,000 equity shares, amounting to Rs 220.50 crore at the upper end of the price band.

17 Jan 2025 12:52 pm
Stallion India Fluorochemicals IPO Day 2: Check subscription status, GMP and other details

Stallion India Fluorochemicals is selling its shares in the price band of Rs 85-90 apiece, which could be applied for a minimum of 165 equity shares and its multiples to raise a total of Rs 199.45 crore.

17 Jan 2025 12:49 pm
Multibagger green energy stock is down 25% in three months, can it recover?

Multibagger stock: The ongoing correction is part of profit-booking from record high reached in September this year.

17 Jan 2025 12:22 pm
Why Zomato shares are down 17% from Dec high; should you prefer Swiggy?

Zomato vs Swiggy: JM Financial prefers Zomato over Swiggy post the recent correction in both stocks. It suggested a 'Buy' on Swiggy with a target price of Rs 550. For Zomato, JM Financial suggested a 'Buy' with a target price of Rs 300.

17 Jan 2025 12:22 pm
Kalyan Jewellers shares dive 37% from all-time highs; here's why the stock is falling

Kalyan Jewellers share price: On Friday, the stock tanked 6.63 per cent to hit a day low of Rs 503.25. At this price, it has corrected 36.66 per cent from its record high of Rs 794.60.

17 Jan 2025 12:10 pm
Wipro, JFSL, TechM, ICICI GIC, SBI Life & IHCL: How these stocks are faring ahead of Q3 results

A number of stocks like Wipro, Jio Financial Services, Tech Mahindra, ICICI Lombard GIC, SBI Life and Indian Hotels are set to announce their results for the December 2024 quarter later today.

17 Jan 2025 11:40 am
Havells shares rise 4% on Q3 earnings, interim dividend; here are fresh price targets

Havells stock climbed 3.89% to Rs 1617.95 on BSE today. Market cap of the firm stood at Rs 98,530 crore.

17 Jan 2025 11:20 am
Narayana Murthy, family lost Rs 1,850 crore within minutes amid Infosys selloff

Narayana Murthy (NRN) owned 0.40 per cent stake in Infosys, while his wife Sudha N Murty held 0.92 per cent stake in the IT major. His son Rohan Murty and daughter Akshata Murty owned 1.62 per cent and 1.04 per cent stakes, respectively.

17 Jan 2025 11:08 am
Jupiter Wagons up 26% in a year; analysts see 'bullish' trend

Jupiter Wagons share price: The stock was last seen trading 1.16 per cent lower at Rs 489.10. At this price, it has delivered 26.22 per cent returns to investors in the past one year compared to a 7.16 per cent rise in benchmark BSE Sensex during the same period.

17 Jan 2025 10:52 am
Sensex, Nifty: Why stock market is falling today; ask Axis Bank, Infosys

The Infosys stock plunged 5.71 per cent to hit a low of Rs 1816.10 on BSE. The stock is up 10 per cent in the past one year. Axis Bank shares fell 5.31 per cent to Rs 985.

17 Jan 2025 10:10 am
Capital Infra Trust Invit lists at issue price of Rs 99

The IPO of Capital Infra Invit was open for bidding between January 7 and January 9. The company offered its shares in the range of Rs 99-100 apiece with a lot size of 150 units.

17 Jan 2025 9:57 am
Why Infosys shares plunged 6% today despite Q3 beat, FY25 guidance upgrade

The Infosys stock plunged 5.71 per cent to hit a low of Rs 1816.10 on BSE. The stock is up 10 per cent in the past one year.

17 Jan 2025 9:38 am
RIL, Infosys, Axis Bank, LTIMindTree: How these stocks moved your Sensex, Nifty today

Indian benchmark indices opened on a muted note on Friday but extended weakness, following a mixed performance from index heavyweights like Reliance, Infosys and Axis Bank.

17 Jan 2025 9:33 am
IIFL Finance shares in news today, here's why

IIFL Finance shares closed 1.44% higher at Rs 398.65 on Thursday against the previous close of Rs 398.65 on BSE. Market cap of the NBFC stood at Rs 16,921 crore.

17 Jan 2025 9:19 am