The initial public offering (IPO) of Apeejay Surrendra Park Hotels, a noted entity in the hospitality industry, commenced on Monday, February 5, and is slated for closure on Wednesday, February 7. The IPO has garnered full subscription on its opening day, with significant interest from retail and non-institutional investors. The pricing for the Apeejay Surrendra … Read more
The digital financial services giant Paytm, officially known as One97 Communications Ltd, observed a noticeable fluctuation in its stock price recently. Amidst the volatile trading session, Paytm’s shares experienced a sharp decline, closing at INR 438.35. This marked a significant reduction of 10% from the previous day’s closing figure of INR 487.05. Starting the day … Read more
Welcome to our comprehensive live blog on Bharat Petroleum Corporation (BPCL), a cornerstone in the energy sector and a pivotal stock in the financial markets. Our platform offers an in-depth exploration of BPCL’s stock performance, delivering real-time updates, detailed analysis, and expert insights to keep you ahead in the investment game. As of February 5, … Read more
UPL Ltd faced a significant downturn in its stock value, plunging by 10% during early trading on a Monday, marking a new 52-week low. This sharp decline came in the wake of the agrochemical giant’s reported losses for the quarter ending December 2023. The company’s performance has led to a recalibration of expectations by various … Read more
In an interesting turn of events in the Indian financial services sector, Jio Financial Services (JFS) witnessed a significant surge in its share price, climbing over 15% to reach a record peak. This upward trajectory was primarily driven by reports indicating JFS’s potential acquisition of Paytm’s wallet business, a move that has captured the attention … Read more
The financial landscape is abuzz with anticipation as the State Bank of India (SBI), one of the country’s banking giants, gears up to unveil its financial performance for the third quarter of the fiscal year 2024. This disclosure, scheduled for today, follows an official announcement made to the Indian stock exchanges, revealing that SBI’s board … Read more
In a remarkable financial turnaround, Meta Platforms Inc. witnessed its stock price surge by an impressive 20% following the announcement of its fourth-quarter earnings. The company not only reported a significant tripling in its profit margins but also introduced its inaugural dividend, signaling a strong performance and optimistic future prospects. The financial results revealed that … Read more
The United States’ labor market demonstrated unexpected resilience in January, showcasing significant job growth that challenged widespread forecasts of economic deceleration. The Labor Department reported a robust addition of 353,000 jobs for the month, alongside a noticeable increase in average hourly earnings. Despite these gains, the unemployment rate remained unchanged at 3.7%. This recent data … Read more
Zee Business, a renowned name in financial journalism, has recently achieved a significant milestone by becoming the most-watched channel on YouTube Live during the critical hour of the Budget Speech at 12:00 PM. This remarkable achievement highlights the channel’s dominance in the field, as it surpassed its competitors in viewership numbers, setting a new benchmark … Read more
The stock market recently witnessed a remarkable surge in the shares of Housing & Urban Development Corporation Ltd (HUDCO), a noteworthy development in the Indian financial landscape. This article delves into the key factors behind this impressive growth, the broader implications for the housing sector, and expert views on future trends and investment strategies. HUDCO’s … Read more