InterGlobe Aviation shares rally 3% after doubling Q4 profit. Brokerages increase target price up to Rs 5,192

InterGlobe Aviation shares rally 3% after doubling Q4 profit. Brokerages increase target price up to Rs 5,192

Shares of InterGlobe Aviation, which operates IndiGo Airlines, rose nearly 3% in Friday’s trade on BSE to its new 52-week high of Rs 4,520 after the company’s PAT more than doubled to Rs 1,895 crore in Q4. Revenue from operations increased 26% year-on-year (YoY) to Rs 17,825 crore in the reporting quarter while the airline’s … Read more

Zee Entertainment Enterprises shares rise 3% as firm swings back to black in Q4

Zee Entertainment Enterprises shares rise 3% as firm swings back to black in Q4

Shares of Zee Entertainment Enterprises rose nearly 3% to Rs 144.4 in Tuesday’s trade on BSE after the firm reported a profit of Rs 13 crore in the March quarter of FY24, after reporting a loss of Rs 196 crore in the year-ago period. Moreover, the company’s shares closed over 4% higher in a special … Read more

Oberoi Realty shares jump 9% to new all-time high after 65% increase in net profit. Should you invest?

Oberoi Realty shares jump 9% to new all-time high after 65% increase in net profit. Should you invest?

Shares of Oberoi Realty on Thursday jumped 9% to hit a fresh 52-week high of Rs 1,712.30 after the company reported a 65% year-on-year (YoY) jump in its Q4 profit at Rs 788 crore. The total income of the company rose to Rs 1,558.56 crore in the quarter from Rs 995.11 crore in the year-ago … Read more

Aadhar Housing Finance stock makes D-Street debut on flat note

Aadhar Housing Finance stock makes D-Street debut on flat note

After a healthy response to the IPO, the shares of Aadhar Housing Finance listed on the exchanges today at Rs 314.3, a marginal discount of 0.22%, on BSE. Ahead of the listing, the company’s traded with a premium of Rs 50 in the unlisted market The company boasts of highest assets under management (AUM) within … Read more

Jamnagar’s SME IPO gets highest listing premium of 387% in 2024, 15th multibagger debut of the year

Jamnagar’s SME IPO gets highest listing premium of 387% in 2024, 15th multibagger debut of the year

Jamnagar-based Winsol Engineers on Tuesday received the highest premium on listing so far this year, mostly in-line with expectations. The stock debuted with a massive premium of nearly 387% over the issue price on Tuesday, making it one of the best listings seen in the recent past. Before the debut of Winsol, only two companies … Read more

Indegene IPO shares to debut tomorrow. Here’s what GMP indicates

Indegene IPO shares to debut tomorrow. Here’s what GMP indicates

The shares of Indegene will list on the exchanges on Monday and the unlisted market trends indicate robust listing gains for allotted investors. The company’s shares are trading with a GMP of Rs 290 in the grey market, and considering the upper price band of Rs 490, the stock is expected to list with a … Read more

NSE stock soars 25% in unlisted market post 4:1 bonus issue

NSE stock soars 25% in unlisted market post 4:1 bonus issue

Mumbai: Shares of the National Stock Exchange surged by more than 25% in the unlisted market this week following a 4:1 bonus announcement last Friday. According to brokers dealing with the unlisted shares, the stock was trading at around ₹4,300-4,400 last week and is currently trading in the ₹5,400-5,800 range. At ₹5,500, NSE is valued … Read more

Godrej Properties shares surge nearly 10% to record high. Should you invest?

Godrej Properties shares surge nearly 10% to record high. Should you invest?

Shares of Godrej Properties jumped 9.7% in today’s session on BSE to a new all-time high of Rs 2,816.90 after brokerages increased target prices for the stock following a 14% year-on-year (YoY) growth in its consolidated net profit at Rs 471 crore for the quarter ended March 2024. The realty player has clocked the highest … Read more

Vedanta chief Anil Agarwal shares throwback pic of Agra trip with family

Vedanta chief Anil Agarwal shares throwback pic of Agra trip with family

Vedanta chief Anil Agarwal delighted his followers by sharing an old photograph of himself with his wife Kiran Agarwal on X. Sharing his “colourful memories from a beautiful family trip,” he dubbed the post his #ThrowbackThursday moment. In his post on April 4, Agarwal humorously revealed that he learnt about the concept of sharing old … Read more