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Paint Industry Faces a Tough Brush: Asian Paints Hits 52-Week Low

Paint Industry Faces a Tough Brush: Asian Paints Hits 52-Week Low

16 January 2025

The Indian paint industry, known for its resilience, has faced significant headwinds recently. Leading players like Asian Paints, Indigo Paints, Berger Paints, and Shalimar Paints have seen a sharp decline in their share prices, with Asian Paints and Indigo Paints share prices reaching 52-week lows recently. The ongoing challenges stem from subdued demand, heightened competition, …

IRFC Signs Lease Agreement with NTPC for Financing BOBR Rakes; Share Price Rises by 4%

IRFC Signs Lease Agreement with NTPC for Financing BOBR Rakes; Share Price Rises by 4%

16 January 2025

On Thursday, January 16, 2025, shares of Indian Railway Finance Corporation (IRFC) rose by nearly 4%, reflecting investor optimism following a significant agreement. IRFC, a Public Sector Enterprise under the Ministry of Railways, signed a lease agreement with NTPC, another Public Sector Enterprise under the Ministry of Power, to finance the first phase of its …

Zen Technologies Share Price Jumps 4%; Here’s the Key Development

Zen Technologies Share Price Jumps 4%; Here’s the Key Development

16 January 2025

Zen Technologies Limited, a pioneer in defence training and anti-drone solutions, has achieved a significant milestone. The company announced the successful design registration of its state-of-the-art “60 mm Mortar Training Simulator” under the Designs Act, India. This breakthrough solidifies Zen’s position as a global leader in military training innovations. The share price of Zen Technologies …

Kalyan Jewellers Share Price Falls 34% in 10 Sessions: What’s Next for Investors?

Kalyan Jewellers Share Price Falls 34% in 10 Sessions: What’s Next for Investors?

16 January 2025

Kalyan Jewellers has been on a significant losing streak, with its share price declining over 34% in just 10 trading sessions. On January 16, 2025, the stock tumbled by more than 5%, extending its downward trajectory. The decline has occurred despite the company’s impressive Q3FY25 revenue growth, raising questions about the factors driving investor sentiment. …

Swiggy Ventures into Sports: Launches Swiggy Sports Private Limited

Swiggy Ventures into Sports: Launches Swiggy Sports Private Limited

16 January 2025

Swiggy Limited, a household name in food delivery and quick commerce, is diversifying its portfolio with the incorporation of Swiggy Sports Private Limited. This strategic move reflects Swiggy’s ambition to expand its presence beyond its core business and venture into the sports and recreation sector. The share price of Swiggy has gained over 1% on …

Persistent Systems’ Share Price Surges with Launch of AI-Driven Contract Management Solution

Persistent Systems’ Share Price Surges with Launch of AI-Driven Contract Management Solution

16 January 2025

On Thursday, January 16, 2025, shares of Persistent Systems opened higher on the NSE, reaching an intraday high of ₹6,215. The surge followed the company’s announcement of ContractAssIst, an AI-powered contract management solution developed in collaboration with Microsoft. While the stock had gained an impressive 74.78% in CY2024 and 90.90% in 2023, it has lost …

Senco Gold Announces Stock Split With Record Date January 31

Senco Gold Announces Stock Split With Record Date January 31

16 January 2025

Senco Gold, a BSE Small Cap-listed jewellery retailer, has announced its maiden stock split with a 1:2 ratio. The corporate action is scheduled for 31 January 2025 as the record date. What is a Stock Split A stock split is a corporate action where a company divides its existing shares into multiple units, reducing the …

RVNL Share Price Rise on Securing ₹3,622 Crore BharatNet Contract from BSNL

RVNL Share Price Rise on Securing ₹3,622 Crore BharatNet Contract from BSNL

16 January 2025

Rail Vikas Nigam Limited, a leading infrastructure development company, has been awarded a ₹3,622 crore project by BSNL under the BharatNet initiative. The project focuses on Middle Mile Network development, aiming to strengthen India’s digital infrastructure. This significant contract highlights RVNL’s expertise in executing large-scale network projects. Contract Award Details Bharat Sanchar Nigam Limited (BSNL) …

Mid-Day Top Gainers and Losers on January 16, 2025: HDFC Life Surges 8.6%, Trent Drops 3.14%”

Mid-Day Top Gainers and Losers on January 16, 2025: HDFC Life Surges 8.6%, Trent Drops 3.14%”

16 January 2025

On January 16, 2025, Indian stock markets were trading higher, supported by positive global trends. By 12 PM, the BSE Sensex had gained 280.68 points (0.37%) to reach 77,004.76, while the Nifty50 was up 88.75 points (0.38%) at 23,301.95. As of January 16, 2025, 12:15 PM, the mid-day top gainers and losers are: Mid-Day Top …

PNC Infratech Shares Surge After Delhi High Court Verdict

PNC Infratech Shares Surge After Delhi High Court Verdict

26 December 2024

Shares of PNC Infratech rose over on December 26 following a favourable order from the Delhi High Court. The court directed the Ministry of Road Transport and Highways (MoRTH) and the National Highway Authority of India (NHAI) to reconsider the company’s disqualification order within 4 weeks, easing concerns over potential business disruptions. High Court Orders …

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