Ola Electric shares are plummeting, nearing four-month lows amid investor concern. While technicals signal a downtrend, recent buying near Rs 40 offers support. The company reported a narrowed net loss but a significant revenue drop. Despite challenges, Ola aims for margin improvement and revenue diversification through energy products and in-house battery tech, eyeing profitability.Read More
Gold and silver prices surged to three-week highs on Tuesday, driven by profit-taking in the US dollar index. Analysts anticipate further upside momentum, with gold and silver expected to trade within specific ranges this week amid market volatility and upcoming US inflation data.Read More
PhysicsWallah’s upcoming IPO highlights unusual risks. Incidents like a falling fan and student altercations have tested the edtech firm’s reputation. The company is expanding offline, introducing new safety measures. Despite these challenges, the Indian education market offers significant growth potential for PhysicsWallah. The IPO aims to fund further expansion and strengthen its hybrid model.Read More
Oil and Natural Gas Corporation (ONGC) reported an 18% year-on-year decline in net profit for the July-September quarter, primarily due to lower oil prices. Despite this, the company declared an interim dividend and approved strategic investments in renewable energy and ethane transportation ventures.Read More
Three major Indian state-run firms are set to issue bonds worth approximately $1 billion. NaBFID, Power Grid Corp, and HUDCO aim to raise around 90 billion rupees through medium to long-term notes. This comes as corporate bond yields have softened, driven by central bank actions and a scarcity of high-quality, long-duration debt, signaling strong investor...Read More
Eight Nifty500 stocks, including UNO Minda, Balrampur Chini, and JB Chemicals, formed a bullish “White Marubozu” candlestick pattern on November 10, signalling strong buying momentum.Read More
Baazar Style Retail reported a sharp turnaround in Q2FY26 with a consolidated net profit of Rs 51 crore, compared to a loss last year. Revenue surged 71% year-on-year to Rs 532 crore, while PAT jumped over 2,400% sequentially. Total income rose to Rs 535 crore despite higher expenses. The value fashion retailer, backed by Rekha...Read More
India’s tech startup IPOs have seen a mixed bag since 2021, with 25 companies listing and generating an average 42% gain. Despite debates over high valuations like Lenskart’s, four multibaggers have emerged, while eight have become losers.Read More
Six large-cap stocks, including Hindustan Aeronautics and Infosys, showed a bullish RSI upswing on November 10, signalling strengthening price momentum and potential buying opportunities, according to StockEdge data.Read More
Ather Energy posted its highest-ever quarterly revenue at Rs 941 crore in Q2 FY26, with net loss narrowing to Rs 154 crore. Strong demand for the Rizta and 450 series boosted volumes, market share, and margins. Adjusted gross margin rose to 22%, while EBITDA loss improved. The company expanded its retail footprint to 524 stores,...Read More
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