Latest Stock Market News

M&M shares in focus ahead of Q2 results today

Updated at : 2024-11-07 08:25:01

Rate this item

(1 Vote)

Mahindra and Mahindra (M&M) is set to announce its second-quarter results, with analysts predicting healthy revenue growth driven by strong tractor and automotive sales. However, profits are expected to remain flat or decline slightly due to factors like negative operating leverage and segment mix.

Here's why Dipan Mehta is bullish on L&T

Updated at : 2024-11-07 08:25:01

Rate this item

(1 Vote)

​But we are still grappling with a lot of challenges over here. The most important being slowdown in earnings, very high valuation, and continuous FII selling. So, these things are not going to change with a Trump victory.

Niva Bupa Healthcare has announced its initial public offering (IPO), aiming to raise Rs 800 crore. The IPO, open for subscription until November 11, includes a fresh issue and an offer for sale by existing shareholders. The company plans to use the proceeds to strengthen its capital base and support future growth.

Swiggy IPO subscribed 12% on first day of bidding

Updated at : 2024-11-07 07:35:01

Rate this item

(1 Vote)

Swiggy plans to raise Rs 4,499 crore in primary capital, while shares worth Rs 6,828 crore are being put up on offer for sale by existing investors. The company has set a price band of Rs 371-390 for the issue.

Adani Enterprises revises capex guidance for FY25

Updated at : 2024-11-07 07:35:01

Rate this item

(1 Vote)

Adani Enterprises has revised its capital expenditure target for the current fiscal year to ₹67,000 crore from the initial projection of ₹80,000 crore. The company attributes this reduction to an extended monsoon season that disrupted project timelines.

Digital payment's rise leads to shutting of ATMs

Updated at : 2024-11-07 07:35:01

Rate this item

(1 Vote)

Indian banks are shutting down more ATMs despite record-high cash circulation. This trend is attributed to the rise of digital transactions and UPI payments. While cash remains significant, ATM numbers have declined, particularly off-site machines. Industry experts point to bank consolidation and the push for digitalization as key drivers.

Rate this item

(1 Vote)

Hong Kong equity futures dropped, as did a gauge of US-listed Chinese stocks. Trump has pledged to introduce tariffs on Chinese goods to support US manufacturing.

Rate this item

(1 Vote)

Niva Bupa Health Insurance is gearing up for an IPO to raise Rs 2,200 crore, aiming to capitalize on the growing health insurance market in India. The IPO involves a fresh issue of shares and an offer for sale by promoters, with anchor investors already committing Rs 990 crore.

Rate this item

(1 Vote)

Shares of steel major Tata Steel Ltd will be in focus today after the company turned to black in the quarter ended September 2024. The company had posted a loss in the last year period.

Rate this item

(1 Vote)

Visa is introducing new tools to enhance payment experiences, including "payment passkeys" for biometric authentication, aiming to reduce checkout times to 20 seconds. The company is also implementing flexible credentials for smoother cross-border transactions and launching A2A Protect, powered by AI, to mitigate fraud in real-time payments by analyzing transaction patterns and risk levels.

Warning! Information Posting in this website is only for educational purpose. We are not responsible for losses incurred in Trading based on this information.