Indian Stock Market: Prime Investment Opportunities for July 19, 2024 CIE Automotive India Ltd Rs.576.80/- CIE Automotive India Experiences Net Profit Decline in Q1 FY25 CIE Automotive India reported a 28.1% year-over-year decrease in net profit, amounting to ₹216.8 crore for Q1 FY25. Revenue from operations saw a slight decline of 1.2%, reaching ₹2,292.7 crore … Read more
Indian Stock Market: Leading Picks to Consider for Investment on July 18, 2024 LTIMindtree Ltd Rs.5,652.40/- LTIMindtree Q1 Revenue and Profit Report LTIMindtree saw a sequential rise in revenue for Q1 2024. Consolidated revenue increased by nearly 3% quarter-on-quarter, reaching Rs 9,142.6 crore from April to June. The net profit slightly missed analysts’ expectations. Over … Read more
Indian Stock Market: Prime Investment Opportunities for July 16, 2024 PC Jeweller Ltd Rs.72.91/- PC Jeweller Finalizes Settlement with IndusInd Bank Settlement Agreement: PC Jeweller’s one-time settlement proposal accepted by IndusInd Bank; specifics undisclosed. Capital Raising: Company plans to raise Rs 2,705 crore via preferential issue of warrants. Purpose: Funds to be used for settling … Read more
Indian Stock Market: Prime Investment Opportunities for July 15, 2024 Zen Technologies Limited Rs.1,356.55/- Zen Technologies Introduces Four New Defence Products Zen Technologies, in partnership with subsidiary Al Turing Technologies, launches four new defence products for global security. The company projects continued growth in FY25, aiming to exceed Rs 900 crore in sales. Zen Tech’s … Read more
Indian Stock Market: Prime Investment Opportunities for July 12, 2024 Anand Rathi Wealth Ltd Rs.4,138.55/- Anand Rathi Wealth Posts Impressive Q1 Financial Performance Anand Rathi Wealth’s Q1 net profit surged by 37.9% YoY to Rs 73.2 crore. Revenue increased by 35.8%, reaching Rs 237.6 crore from Rs 175 crore in the previous fiscal year. Management … Read more
Indian Stock Market: Prime Investment Opportunities for July 10, 2024 Maruti Suzuki India Ltd Rs.13,272.00/- Maruti Suzuki Shares Surge as UP Waives Hybrid Car Levies Maruti Suzuki’s stock price jumped 6.6% on the BSE following Uttar Pradesh’s decision to waive registration levies on strong hybrid and plug-in vehicles. This policy change is expected to benefit … Read more
Vijay Shekhar Sharma Resigns as Paytm Payments Bank Chairman Vijay Shekhar Sharma steps down as Paytm Payments Bank chairman, with Surinder Chawla assuming leadership. Arvind Kumar Jain, former Executive Director of Punjab & Sind Bank, joins as Independent Director. One97 Communications, Paytm’s parent company, confirmed Sharma’s resignation from the board of Paytm Payments Bank on … Read more
Mukesh Ambani Led Jio Financial to acquire Paytm: Share Price Surges 15% Amid Acquisition Buzz Jio Financial Services (JFS) experienced a remarkable surge in share price, climbing over 15% to achieve a new record high on Monday. This surge was fueled by reports in the media indicating that JFS was a leading contender in the … Read more