Latest business news
Stock market today: On Thursday, 109 stocks hit their 52-week high, including Bharat Electronics Ltd (BEL), SRF Ltd, APL Apollo Tubes Ltd, GlaxoSmithKline Pharmaceuticals Ltd, Solar Industries India Ltd, Authum Investment & Infrastructure Ltd, Anupam Rasayan India Ltd, Fortis Healthcare Ltd, Garden Reach Shipbuilders & Engineers Ltd, Intellect Design Arena Ltd, Lloyds Metals and Energy…
Small-cap stock below ₹50: Bhatia Communications & Retail (India) stock gained almost 2% on Wednesday, June 4, following a business update for the financial year 2024-25 (FY25). Gujarat-based Bhatia Communications & Retail (India), which is a multi-brand consumer durables and electronic and electrical appliances retailer, witnessed a decent profit and revenue growth in the recently…
Bharat Electronics Ltd (BEL) inched higher on Wednesday, June 4, after the public sector undertaking (PSU) bagged orders worth ₹537 crore. “Navratna Defence Public Sector Undertaking, Bharat Electronics Limited (BEL), has secured additional orders worth Rs.537 crore since the last disclosure on 16 May 2025. Major orders received include communication equipment, advanced composite communication system…
ASX 200 closes shy of 8,500-point level Rate cut views strengthened after RBA minutes IDP Education worst performer on ASX 200 June 3 (Reuters) – Australian shares ended higher on Tuesday, helped by banks as investors expectations for further rate cuts were strengthened after minutes from the central bank’s May meeting showed it had considered…
Multibagger defence stock: Apollo Microsystems share price rose nearly 2 per cent to ₹198.39 apiece on Tuesday after hitting an intraday low from ₹194.63. The multibagger defence stock witnessed surge on June 3 after the company announced that the board has approved the allotment of 2.70 crore equity shares on a preferential basis. Apollo Microsystems…
Small-cap stock below ₹50: Shares of Eraaya Lifespaces edged nearly 5% higher in intraday deals on Monday, June 2, as the small-cap company posted a sharp sequential decline in its net loss during the March quarter (Q4) of the financial year 2024-25 (FY25). Eraaya Lifespaces share price opened at ₹44.55, unchanged against its last closing…
Multibagger small-cap stock Texmaco Rail gained in an otherwise choppy market on Thursday, May 29, buoyed by an order from the Ministry of Railways worth ₹140.55 crore. The wagon manufacturer, in an exchange filing today, informed that it has bagged an order for the manufacture and supply of 8 rakes of Flat Multi-Purpose Wagons. The…
Shares of InterGlobe Aviation Ltd, the parent company of IndiGo Airlines, edged higher by nearly 1 percent in intra-day trading on Wednesday, May 28, after Vikram Singh Mehta has been appointed as IndiGo’s Chairman of the Board, succeeding Venkataramani Sumantran. The press filing stated that Dr. Sumantran, who assumed the chairmanship in May 2022, played…
(Recasts first paragraph, adds comments, updates with closing prices) TOKYO, May 27 (Reuters) – Japan’s Nikkei share average reversed early declines to end higher on Tuesday, as a weaker yen and falling yields on super long-dated bonds lifted sentiment. The Nikkei rose 0.51% to close at 37,724.11, after falling as much as 0.3% earlier in…
Shares of Nestle India gained over 2 percent in intra-day trade on Monday, May 26, following an announcement from Life Insurance Corporation of India (LIC) regarding an increase in its stake in the packaged foods major. The stake hike, which pushed LIC’s shareholding above the regulatory threshold of 5 percent, sparked renewed investor interest in…