On January 9, 2025, the stock market closed in the red, with both the Sensex and Nifty50 ending lower. The BSE Sensex dropped 528.28 points (0.68%) to close at 77,620.21, moving between 78,206.21 and 77,542.92 during the day. Similarly, the NSE Nifty50 fell 162.45 points (0.69%) to finish at 23,526.50, with a day’s high of …
Brigade Enterprises Limited is investing ₹4,500 crore to expand its real estate portfolio, focusing on residential, commercial, and hospitality sectors. Brigade Group Launches Landmark Mixed-Use Development in Hyderabad The Brigade Group has announced the launch of its latest mixed-use development, “Brigade Gateway at Neopolis,” spanning approximately 10 acres in the upscale locality of Kokapet, Hyderabad. …
United Breweries Ltd, the renowned maker of Kingfisher beer, has suspended its beer supply to Telangana Beverages Corporation Limited (TGBCL) due to unresolved pricing and payment issues. This decision, announced on Wednesday, has led to a 4% drop in the company’s share value and highlights critical challenges in the state’s liquor industry. Unresolved Pricing Issues …
On January 9, 2025, Spandana Sphoorty share price continued the gaining streak for the third consecutive trading session with a rise of ~6%, reaching a day high of ₹519.00 at 11:35 AM. Spandana Sphoorty share price cumulatively increased by over 45% in the past 3 trading sessions. Despite the substantial increase in prices, Spandana Sphoorty shares still …
On January 9, 2025, the shares of Parmeshwar Metal Limited made a strong debut and were listed at ₹84.5 on the BSE SME platform, indicating a premium of 38.52% as compared to the issue price of ₹61. About Parmeshwar Metal IPO The ₹24.74 crore Parmeshwar Metal IPO was opened for subscription from January 2 to January 6, …
On January 8, 2024, Transformers and Rectifiers Ltd disclosed that its board of directors has approved the issuance of one bonus share for every one share held (1:1) by its shareholders. This marks the company’s first bonus issue since 2013 when it announced 1 bonus share for every 9 shares held by shareholders. The record …
On January 8, 2025, GTT Data Solutions Limited, formerly known as Cinerad Communications Limited, announced through an exchange filing that it had fixed January 14, 2025, as the record date. This date will determine whether the shareholders are eligible to apply for equity shares in the proposed rights issue. GTT Data Solutions Rights Issue Details On …
On January 9, 2025, Paras Defence share price recorded a correction and slipped over 2%, reaching a day low of ₹1,074.10 at 10:20 AM, after opening at ₹1,117.80. The fall in Paras Defence share price came after a gain of over 15% in the past 2 trading sessions. The shares of Paras Defence have recently touched a …
January 9, 2025, marks the opening of the Nifty 50 earnings season for Q3FY25 with the release of earnings from India’s IT giant Tata Consultancy Services (TCS) Ltd. Before the release of financial statements for Q3FY25, the preview and expectation of street is must watch. TCS Q3 FY25 Earnings Preview As per news reports, IT …
India’s Ports & Shipping sector plays a crucial role in the nation’s economic landscape, currently experiencing significant transformation driven by strategic government initiatives. In FY 2023-24, major ports successfully handled over 819 million metric tonnes of cargo, reflecting the sector’s expanding capacity. To boost coastal shipping volumes by 2030, policies are being refined to encourage …
