Adani Enterprises shares fall after management cuts capex guidance for FY25
Adani Enterprises expects full year capex for the New Industries business to be around ₹28,000 crore with the Airports business likely to incur a capex worth ₹16,000 crore.
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Waaree Energies shares see first post-listing fall after stock jumps 150% in eight sessions
Waaree Energies shares had made their stock market debut on October 28, post which, they had made a high of ₹3743 on November 6, before correcting.
Marketbuzz Podcast with Kanishka Sarkar: Market likely to open with sharp cuts despite record levels on Wall Street
Marketbuzz Podcast: The GIFT Nifty was lower this morning despite a strong handover from the US market, trading at a discount of more than 100 pts from Nifty Futures’ Wednesday close, indicating a start with sharp cuts for the Indian…
MSCI Rejig: Adani Energy Solutions shares fall 8% post non-inclusion; Index explains why
As per the September shareholding pattern, promoters of Adani Energy Solutions held a 69.94% stake in the company.
Niva Bupa IPO opens today: Should you subscribe to the ₹2,200 crore issue?
Niva Bupa claimed to be one of India’s largest and fastest growing standalone health insurer based on overall health gross direct premium income of ₹5,494.4 crore in fiscal 2024.
Birlasoft, L&T and Chambal Fertilisers on the radar for today’s trade
On Thursday, market tech analyst Mitessh Thakkar and F&O analyst Chandan Taparia recommended these stocks for the short term.
Hindalco shares fall 6.5% after Novelis suspends key financial metric guidance
Nearly two-thirds (67%) of Hindalco’s EBITDA comes from Novelis. The stock is down 14% from its recent peak.
Novo Nordisk’s Wegovy weight-loss drug sales beat forecast, shares jump
Shares in Novo Nordisk which competes with Eli Lilly in an obesity drug market that some analysts forecast could be worth about $150 billion by the early 2030s, rose nearly 9%.
Wockhardt launches QIP to raise up to ₹1,000 crore; Check floor price, other details
Sources told CNBC-TV18 that the total issue size is said to be ₹1,000 crore, of which the greenshoe option is up to ₹200 crore.
Polycab India has now won orders worth ₹5,600 crore in two days from BSNL
In an interaction with CNBC-TV18 last month, Polycab’s management reiterated that it will achieve its ₹20,000 crore revenue target by the end of financial year 2025.