Market Updates

Stock Segmentation

Trending News

Hatsun Agro Shares Rebound 12% After Q2 Setback

Hatsun Agro Products’ stock surged 12% on November 5 after a 4% drop following weak Q2 earnings. Despite a 17% profit decline, the company saw revenue growth and improved margins. Analysts remain optimistic, citing stable milk procurement prices and strong operational fundamentals for a better second half of FY25.

L&T Acquires 21% Stake in E2E Networks

Larsen & Toubro (L&T) has signed an agreement to acquire a 21% stake in E2E Networks, a provider of cloud computing solutions for AI and large-scale workloads. The deal includes software, reseller, and colocation agreements, along with rights to nominate two directors to E2E's board.

Ola Electric Shares Fall Below IPO Price Amid Market Challenges

Ola Electric's shares have fallen below their IPO price, closing at Rs 76.64 after a 3.5% decline. Market capitalization has halved to Rs 33,804.60, influenced by service issues and a stagnant electric two-wheeler penetration rate, prompting HSBC to lower its target price to Rs 110.

InterGlobe Shares Dive 10% After ₹987 Crore Q2 Loss

Shares of InterGlobe Aviation, parent of IndiGo, plummeted 10% to ₹3,929.50 after reporting a ₹987 crore net loss for Q2 2024, down from a profit last year. Despite this, revenue rose 14% year-on-year, sparking concerns about debt levels while maintaining strong cash reserves.

Dr. Reddy’s Shares Rise 2% Post 1:5 Stock Split

Dr. Reddy’s Laboratories shares turned ex-split today, increasing 2% to Rs 1328.90 on the BSE. The 1:5 stock split means each Rs 5 share is now five Rs 1 shares, with American Depositary Shares adjusting accordingly. This is the company's first split since 2001.



Top