Globus Spirits' stock jumped 17.53% following the Indian government's decision to reduce rice prices for ethanol production. This price cut is set to lower production costs for ethanol manufacturers, boosting profitability for companies like Globus Spirits. Learn how this move could positively impact their financial performance and future growth.
Adani Group stocks experienced a strong rally following the shutdown of Hindenburg Research, which had previously caused significant volatility for the conglomerate. Key stocks like Adani Power, Adani Green Energy, and Adani Enterprises saw major gains, signaling a potential recovery in investor confidence.
Premier Energies’ stock jumps 2.91% after announcing Rs 1,460 crore worth of supply orders for solar modules and cells. With strong Q2 FY25 results, the company is poised for continued growth in the renewable energy sector.
Transformers & Rectifiers India posted a stunning 251% surge in net profit for the December 2024 quarter, driven by a 51% jump in sales. With improved operational efficiency and strong demand across key segments, the company is well-positioned for continued growth in the coming quarters.
Avenue Supermarts' stock jumped over 15% after reporting a 17.5% increase in revenue for Q3 2024. The surge reflects strong consumer demand, strategic expansions, and consistent growth, making the retail giant an attractive option for investors.
JSW Energy Ltd has seen a notable surge of 6.42% in its stock price, outperforming the broader BSE Power Index and SENSEX. Explore the company's recent performance, key trends, and factors driving its growth in the energy sector.
DAM Capital Advisors Ltd made an outstanding debut on the stock market, with its shares soaring nearly 39% above the issue price of Rs 283. The strong listing performance reflects investor confidence in the company's growth prospects in the investment banking sector.
Shriram Finance shares surged 3% after the company announced a stock-split, with the record date set for January 10, 2025. This move aims to increase share liquidity and make the stock more accessible to investors. Alongside this, Shriram Finance reported strong financial growth, with a 20% rise in net profit for Q2FY25, signaling positive prospects for the company.