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Shares of aerospace and defence company Zen Technologies fell 11.32 per cent to Rs 2,180 in trade on Monday, January 13, on the National Stock Exchange (NSE) amid a broader stock market crash. Meanwhile, the company, in an exchange filing, announced that its board of directors has approved an investment of up $10 million in its wholly owned subsidiary, Zen Technologies USA, Inc, in one or more tranches.  Zen Technologies USA, incorporated on March 9, Read More
With the markets in a downtrend several stocks have logged back-to-back losses in the recent trading sessions. Data from NSE futures & options market shows, that 33 out of the 223 stocks in the derivatives segment logged a net loss in the last four trading sessions; with a majority of them i.e. 30 out of these 33 stocks seeing an over 10 per cent increase in open interest (OI).  In general, a dip in price Read More
India stock markets today crashed 1 per cent in intraday trade on Monday, January 13, 2025, leaving investors looking for cover. The BSE Sensex index today tumbled 1,128 points or 1.4 per cent to hit a low of 76,250. The NSE Nifty50, on the other hand, shed 357.5 points or 1.5 per cent to touch a low of 23,047. The BSE MidCap and SmallCap indices, on the other hand, bled over 4 per cent each in Read More
Shares of Atlas Cycles (Haryana) were locked in the upper circuit for the 10th straight day, up 10 per cent at Rs 112.78 on the BSE in Friday’s intra-day trade. In the past 10 trading days, the stock of this micro-cap company zoomed 71 per cent from a level of Rs 66.13 on the BSE.  Till 02:04 PM; a combined 30,000 equity shares changed hands and there were pending buy orders for around 600,000 shares Read More
Just Dial Ltd, a local search engine, has reported 42.7 per cent increase in consolidated net profit at Rs 131.31 crore for December quarter FY25. It had a net profit of Rs 92.01 crore in the October-December period a year ago, according to a regulatory filing from Just Dial, now controlled by Reliance Retail Ventures Ltd. Revenue from operation was up 8.4 per cent at Rs 287.33 crore in the December quarter.The company “achieved its Read More