As of 1:20 pm IST, over 70 lakh shares had changed hands. The sell-off has pulled the company’s market capitalisation down to ₹25,451 crore, sharply below its listing valuation of nearly ₹45,975 crore on November 18, 2025.
NCLAT dismissed Jindal Poly Films’ plea, allowing a class action suit by minority shareholders alleging fund siphoning to promoter-linked entities, causing a ₹2,000 crore loss. Investments were written off and shares sold cheaply after sector recovery.
The loss expanded to 89 cents a share in the December quarter, the company said. Analysts had estimated around 72 cents on an average, as per data compiled by Bloomberg, the news agency reported. Its revenue increased to $1.57 billion…
Motilal remains bullish on MTAR’s long-term growth trajectory, citing its structural positioning, strong earnings visibility and exponential order growth, anchored by a deeply entrenched customer relationship that is difficult to replicate.
Julien Lafargue, Chief Market Strategist at Barclays Private Bank, advises investors to focus on geographical diversification this year as prolonged overexposure to US markets begins to shift. While equities remain the main driver of long-term wealth creation, he also sees…
The approval has been granted to Eugia Unit-I, with the product launch expected in the first quarter of FY27.
Sensex Today | Stock Market LIVE Updates: The Nifty, despite multiple attempts on Thursday by the bears, managed to defend 25,400 on the downside yet again. Tech shares will be in focus after the reaction to Nvidia’s results and the…
Despite the concerns, Nvidia is covered by 66 analysts, of which 61 have a “buy” rating and a consensus estimate of price targets implies an upside potential of 37% from current levels.
Nikkei and Kospi slipped during open trade, keeping the MSCI Asia Pacific Index flat in early trade on Friday. Although, the gauge has increased over 6% in February and is set of its third straight monthly advance.
West Texas Intermediate was above $65 a barrel, while Brent settled under $71.