Dredging Corporation of India shares hit a 20% upper circuit on Monday after the government unveiled a Rs 4,000 crore modernisation plan for the company. Further, DCI has also signed 22 MoUs worth Rs 17,645 crore at India Maritime Week 2025, signalling a major expansion in capacity, fleet, and future operations.Read More
Patanjali Foods shares fell sharply even as the company reported its best-ever quarterly revenue and strong profit growth. Standalone net profit surged 67.2% year-on-year. Revenue from operations jumped 20.9%. Profitability metrics also saw significant gains. The company achieved record performance on various parameters. Brokerage ICICI Securities maintained an ‘Add’ rating with a target price of...Read More
Shriram Finance shares rose after the NBFC reported a 7% YoY rise in Q2FY26 profit to ₹2,314 crore. Total income grew to ₹11,921 crore and interest income to ₹11,551 crore, while expenses increased to ₹8,808 crore. The company maintained steady profitability and improved asset quality.Read More
Groww’s Rs 6,632 crore IPO, one of the year’s biggest fintech listings, draws cautious optimism amid strong fundamentals but steep valuation and regulatory uncertainty could cap near-term listing gains.Read More
Bank of Baroda shares jumped over 5% to a two-week high after Q2 results, as investors focused on improving asset quality and steady margins despite an 8% YoY profit drop to ₹4,809 crore. Interest income rose to ₹31,511 crore, and NII inched up to ₹11,954 crore, with brokerages remaining bullish on the stock.Read More
Canara Bank shares surged 10% in three sessions to a fresh 52-week high on Monday, powered by strong Q2 earnings, improved asset quality, and renewed optimism in PSU banks. Investor sentiment was further boosted by speculation that the government may hike the foreign ownership limit in state-run lenders.Read More
High beta stocks in the BSE 500 index have experienced significant pain, with Aditya Birla Fashion topping the losers with a 73% fall. Out of 272 high volatility stocks, 135 have declined, with 100 recording double-digit losses. Siemens and Sterling and Wilson Renewable Energy also saw substantial drops.Read More
Indian government bonds declined in early trade as a weaker rupee and tight liquidity countered the Reserve Bank of India’s move to cancel bond sales. The central bank’s action, intended to signal discomfort with rising yields, briefly boosted the market. However, rupee defense interventions by the RBI have tightened liquidity, impacting demand for bonds.Read More
India’s public sector banks are witnessing a strong rally, driven by renewed foreign investor interest, speculation over higher FII limits, and improving balance sheets. The Nifty PSU Bank index has surged nearly 7% in a week, reflecting optimism about policy support and financial strength, though analysts caution the momentum may not last.Read More
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