Axis Bank tightened its asset classification and income recognition norms, signalling a more conservative credit approach that appears to have dented the lender’s June-quarter profitability. An unexpected bottom-line shrinkage caused the stock to slump more than 5% Friday, forcing a retreat of the Nifty on which Axis Bank has the third-biggest weighting among private lenders. … Read more
Market Summary Indian market closed flat with a positive bias on Wednesday. The BSE Sensex rose more than 60 points while the Nifty50 closed above 25200 levels. Sectoral Summary Sectorally, buying was seen in auto, FMCG, realty, and IT stocks while selling was seen in healthcare, capital goods and metal stocks. Breakout Stocks Stocks that … Read more
Shares of Waaree Renewable Technologies surged 15% to Rs 1,120 in Tuesday’s intraday trade on the BSE, ahead of the company’s June quarter results. In a regulatory filing, Waaree Renewable said its Board of Directors will meet on Thursday, 17 July 2025, to consider and approve the unaudited standalone and consolidated financial results for the … Read more
In the last one year, several penny stocks have given substantial returns to their investors but we highlight 10 penny stocks that have surged between 40% and 740%. These stocks were selected based on specific criteria: a market capitalisation below Rs 1,000 crore, a share price under Rs 20, and a recent minimum trading volume … Read more
Shares of Shakti Pumps (India) surged 4.6% to hit an intraday high of Rs 1,010 on the BSE on Thursday, following the announcement of a major order worth Rs 114.58 crore (inclusive of GST) from the Maharashtra Energy Department Agency (MEDA). The company has received a Letter of Award from MEDA for the supply and … Read more
Adani Total Gas on Monday reported an 8% fall in its Q4FY25 net profit at Rs 154 crore versus Rs 168 crore reported in the year ago period. The company’s revenue in the March-ended quarter stood at Rs 1,453 crore, up 15% year-on-year from Rs 1,258 crore. However on a sequential basis, the profit after … Read more
Newsmakers of D-Street Indian benchmark equity indices traded lower on Thursday, pressured by heavyweight Reliance Industries and banking stocks. However, foreign inflows and hopes of easing U.S.-China trade tensions could help lift investor sentiment.At close, the 30-share BSE Sensex dropped 315 points to settle at 79,801.43 while the Nifty50 declined 82 points to 24,246.70.Here are … Read more
In the week ending April 17, the benchmark Sensex rose by approximately 4.5%. Amid this broader market rally, seven penny stocks posted gains ranging from 10% to 24%. Our selection criteria focused on stocks with a market capitalisation below Rs 1,000 crore, a share price under Rs 20, and a minimum trading volume of 5 … Read more
Shares of Sadhana Nitro Chem ended the week with gains of 15%. The specialty chemicals company is involved in manufacturing intermediates for dyes, pigments, and pharmaceuticals, with a focus on nitrobenzene derivatives and meta amino phenol (MAP). Its shares closed at Rs 21.29 on Friday, gaining by 2%. Source link
