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Banking Stocks Lead the Market with Positive Gains on April 17, 2025

Banking Stocks Lead the Market with Positive Gains on April 17, 2025

17 April 2025

On the morning of the trading session, banking stocks continued to perform well, driving the broader market indices higher. As of 09:47 IST, the BSE BANKEX index saw a notable rise of 347.45 points or 0.57%, reaching 61083.51. Top Gainers in Banking Sector Among the standout performers, ICICI Bank Ltd led the charge with a gain of 1.9%, followed …

Suzlon Powers Ahead with 100.8 MW Wind Project for Sunsure in Maharashtra

Suzlon Powers Ahead with 100.8 MW Wind Project for Sunsure in Maharashtra

17 April 2025

Suzlon Group has secured a 100.8 MW wind power project order from Sunsure Energy, an Independent Power Producer (IPP). This project will be built in Jath, Maharashtra, and marks Sunsure’s first step into wind energy. Suzlon will supply 48 advanced S120 wind turbines, each with a 2.1 MW capacity, using Hybrid Lattice Towers. What Suzlon …

Hero MotoCorp Share Price in Focus; Pauses Production at 4 Plants for Supply Alignment

Hero MotoCorp Share Price in Focus; Pauses Production at 4 Plants for Supply Alignment

17 April 2025

Hero MotoCorp’s share price is trading at ₹3,723.80, marking a decline of ₹58.10 or 1.54% at 11:55 AM on the NSE from its previous close. The stock opened at ₹3,781.90, reached a high of ₹3,782.00, and a low of ₹3,664.30 during the trading session. Hero MotoCorp, the largest two-wheeler manufacturer in India, announced a temporary halt …

Alembic Pharma Gets USFDA Nod for Generic Carbamazepine Tablets

Alembic Pharma Gets USFDA Nod for Generic Carbamazepine Tablets

17 April 2025

Alembic Pharmaceuticals has received final approval from the US Food and Drug Administration (USFDA) for its Abbreviated New Drug Application (ANDA) for Carbamazepine Tablets USP, 200 mg, marking another significant addition to its growing generics portfolio. Therapeutic Equivalent to Tegretol The approved tablets are therapeutically equivalent to Tegretol Tablets, 200 mg, manufactured by Novartis Pharmaceuticals …

JBM Auto Share Price Declines Today Following Yesterday’s 10% Jump; Here’s Why

JBM Auto Share Price Declines Today Following Yesterday’s 10% Jump; Here’s Why

17 April 2025

JBM Auto’s stock has seen a decline of 1.01% today, trading at ₹687.70 as of 10:07 AM on the NSE, after closing at ₹694.75 in the previous session. The dip follows a sharp 17% gain over the past three sessions, reflecting broader caution in the auto and electric vehicle (EV) related mid-cap stocks. The stock’s …

HDFC Bank Share Price Hits 52-Week High Ahead of Q4 Results

HDFC Bank Share Price Hits 52-Week High Ahead of Q4 Results

16 April 2025

HDFC Bank share price touched a new 52-week high of ₹1,882.05 on Wednesday, April 16, during intraday trade on the BSE. The stock opened at ₹1,882, up from its previous close of ₹1,864.90, and quickly reached its yearly peak. At 11:24 AM, the stock was trading 0.064% lower at ₹1,863.70, while the Sensex was down at …

PB Fintech Share Price Rises by 1.08% After RBI’s Approval for PB Pay

PB Fintech Share Price Rises by 1.08% After RBI’s Approval for PB Pay

16 April 2025

PB Fintech share price was up 1.08% and was trading at ₹1637.10 at 9.45 AM. Its subsidiary, PB Pay, has received RBI’s approval to operate as an Online Payment Aggregator. This means PB Pay can process online payments for merchants and customers. It has now become a licensed payment aggregator. The provisional authorisation was granted by RBI …

IDFC FIRST Bank Share Price in Focus; To Raise ₹7,500 Crore from Warburg Pincus, ADIA

IDFC FIRST Bank Share Price in Focus; To Raise ₹7,500 Crore from Warburg Pincus, ADIA

17 April 2025

The Board of Directors of IDFC FIRST Bank has approved a preferential issue of equity capital totaling ~₹7,500 crore.   Of this, ₹4,876 crore will be raised from Currant Sea Investments B.V., an affiliate of global growth investor Warburg Pincus LLC.   An additional ₹2,624 crore will come from Platinum Invictus B 2025 RSC Limited, …

Sonata Software Plunges 12% on Q4 Revenue Warning from Key International Client

Sonata Software Plunges 12% on Q4 Revenue Warning from Key International Client

17 April 2025

Shares of Sonata Software Ltd. tumbled as much as 12% in early trading on Thursday, April 17, after the company issued a revenue warning for its international business in the March 2025 quarter. The stock dropped to ₹293.9, sharply lower from Wednesday’s close of ₹335.4, amid investor concerns over weak guidance. Revenue Hit from Largest Client In …

IRFC Share Price in Focus: Madras High Court Gave Interim Relief in ₹230.55 Crore Sales tax Matter

IRFC Share Price in Focus: Madras High Court Gave Interim Relief in ₹230.55 Crore Sales tax Matter

17 April 2025

On April 16, 2025, Indian Railway Finance Corporation Limited (IRFC) announced it had received an interim relief in its ongoing GST dispute. The Madras High Court has set aside a demand order amounting to ₹230.55 crore issued by the Assistant Commissioner (Sales Tax) and has remanded the case for fresh evaluation. Direction by Madras High Court …

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