Hindalco Share Price Highlights: Hindalco Stock Price History
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Category: Business News
Track key corporate news, quarterly earnings summaries, startup funding updates, executive movements, and major company announcements across leading industries.
Advit Jewels IPO Day 2: Issue subscribed over 20x, GMP signals 41% listing gains. Should you bid?
Jaipur-based Advit Jewels’ IPO is seeing massive investor interest, subscribed over 20 times on day two with a strong grey market premium. The Rs 165 crore issue, entirely a fresh offering, aims to bolster working capital and repay debt. Analysts recommend subscribing, citing robust growth and profitability, though gold price volatility remains a concern.
Why is market rising today? Sensex soars 800 pts, Nifty above 24,250. 3 key factors powering D-St bulls
Indian stock markets experienced a significant surge on Thursday, with both the Sensex and Nifty climbing over 1%. This bullish trend was fueled by declining crude oil prices and positive global market signals. The Sensex saw a jump of nearly 800 points, while the Nifty 50 rose by over 200 points, injecting substantial value into…
Tech Mahindra among 7 largecap stocks showing bullish RSI upswing
Seven largecap NSE stocks featured in the RSI Trending Up scan on June 24 after showing improving momentum. The RSI moved above the 50 mark from lower levels, signalling strengthening price action, improving sentiment and potential short-term buying opportunities for traders tracking bullish technical setups.
Manappuram Finance, Muthoot Finance, other gold financier stocks drop up to 3%. Here’s why
Shares of gold financiers declined as a sharp fall in gold prices and a stronger US dollar weighed on sentiment. Expectations of further US Federal Reserve rate hikes pressured bullion, raising concerns over collateral values and loan demand for gold-backed lenders such as Manappuram Finance, Muthoot Finance and IIFL Finance.
Britannia Share Price Highlights: Britannia Stock Price History
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PFC, REC seek to help centre retain majority at low cost
Power Finance Corp and REC are finalizing a merger plan to help the government maintain its majority stake cost-effectively. Two primary options are being considered: issuing preference shares at ₹10 each, requiring an estimated ₹800 crore outlay, or subscribing to non-tradable bonds worth around ₹24,000 crore. Advisors favor the preference share route, deeming it less…
Power Grid of India board okays raising borrowing limit to Rs 2.2 lakh cr
The board of Power Grid Corporation has approved a substantial raise in its borrowing limit to Rs 2.2 lakh crore, up from Rs 1.8 lakh crore, subject to shareholder consent. Furthermore, the company intends to obtain USD 500 million in foreign currency resources via External Commercial Borrowings. The board has also sanctioned an investment of…
RBI opens term money market to AIFIs, housing finance companies
The Reserve Bank of India has opened the term money market to All India Financial Institutions and housing finance companies, allowing them to borrow and lend. Prudential borrowing limits for primary dealers have also been significantly increased. These moves aim to deepen market participation and improve liquidity, ultimately strengthening monetary policy transmission by linking short-term…
Goldman Sachs upgrades India’s growth outlook after US-Iran peace deal
Goldman Sachs has raised India’s 2026 real GDP growth forecast to 6.8% from 6.5%, citing lower oil prices, easing supply disruptions and resilient domestic demand following the US-Iran peace deal. The brokerage also lifted its FY27 GDP growth estimate to 6.5% from 6.1%, expecting stronger growth, lower inflation, and improved fiscal and external balances.