Brokerage Ambit Capital has initiated coverage on Zinka Logistics, the parent company of BlackBuck, with a Buy rating and a target price of Rs 885. The brokerage says the company has emerged as India’s largest commercial vehicle technology platform by sharply expanding its tolling and telematics offerings and improving profitability over the last three years. … Read more
Shares of Waaree Energies fell as much as 1.8% to Rs 3,670.05 on BSE on Friday, as investors booked profits following a sharp three-day rally that had lifted the stock 17.65%. Despite the pullback, the Mumbai-based renewable energy company’s shares are up nearly 30% over the past three months and have more than doubled over … Read more
Equity investors became poorer by Rs 9.69 lakh crore in two days of sharp fall in the stock markets, where the benchmark Sensex tumbled 1,555 points. The additional 25 per cent tariff imposed by the US on India came into effect on Wednesday, bringing the total amount of levies imposed on New Delhi to 50 … Read more
Indian shares ended in the red on Friday, dragged down by a combination of weak global cues, sustained foreign fund outflows, and renewed trade tensions after the U.S. imposed sweeping new tariffs on dozens of countries, including India. The BSE Sensex shed 585.67 points, or 0.72%, to close at 80,599.91, while the NSE Nifty slipped … Read more
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