Waaree Energies shares surge 80% over issue price post 12% gains today

Waaree Energies shares surge 80% over issue price post 12% gains today

Waaree Energies‘ shares zoomed 12% in today’s intraday session to a new record high of Rs 2,718, marking the fourth consecutive day of gains with strong trading activity. Following a strong debut at a premium of Rs 1,047 or 70%, the stock has surged over 80% from its issue price of Rs 1,503 per share. … Read more

Bikaji Foods shares surge 10% post Q2 results, profit after tax up by 14.7%

Bikaji Foods shares surge 10% post Q2 results, profit after tax up by 14.7%

The shares of Bikaji Foods International surged by 10% to day’s high of Rs 918 on BSE post the results of Q2. The revenue from operation grew by 18.5% year-on-year to Rs 7,212 million with profit of 15% YoY. EBITDA grew by 21.7% on a yearly basis to Rs 686 million. The profit after tax … Read more

Adani group stocks surge up to 6% a day after Lok Sabha election results

Adani group stocks surge up to 6% a day after Lok Sabha election results

Adani group stocks significantly recovered, surging by up to 6% in Wednesday’s trade after experiencing a sharp decline of as much as 15% in early trading. ACC, Ambuja Cement, Adani Green Energy, and Adani Ports surged between 3-6%. In early Wednesday trade, Adani Energy Solutions declined 15%, while Adani Power fell 12%. Adani Enterprises, Adani … Read more

Kotak Mahindra Bank Q1 Results: Profit jumps 26% YoY to Rs 2,071 crore, NII up 19%

Kotak Mahindra Bank Q1 Results: Profit jumps 26% YoY to Rs 2,071 crore, NII up 19%

NEW DELHI: Kotak Mahindra Bank on Saturday reported a 26 per cent year-on-year (YoY) rise in profit after tax (PAT) at Rs 2,071 crore compared with Rs 1,642 crore in the same quarter last year. The bank said its net interest income (NII) rose 19 per cent YoY to Rs 4,697 crore compared with Rs … Read more