GTPL Hathway Reports Rs 12.4 Crore Loss, Share Crashes 10%
On April 17, 2023, GTPL Hathway, a small-cap internet service provider, experienced a sell-off, with its stock plummeting 10 per cent on the Bombay Stock...
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Precision Camshafts Shares Zoom 17% After Vijay Kedia Buys Stake
On Monday, the share price of Precision Camshafts Ltd, a small-cap stock, saw a surge of over 17% per cent within a few minutes of...
Tech Stock Falls, Fed Worries, Other Factors Behind Market’s 1.2% Plunge
On April 17, Equity markets recorded an over 1.2% decline, the steepest in the past five weeks, caused by Infosys’ guidance concerning tech spending. On...
KIOCL Bags Multiple Orders Worth Rs 3.8 Crores, Shares Surge 15%
Shares of KIOCL Limited, a central public sector undertaking under the Ministry of Steel, propelled by more than 14% on April 17. This surge in...
Nike, Adidas Shoemaker Pou Chen to Invest Nearly $281 Million in India
A subsidiary of Pou Chen, the world’s largest maker of branded sports shoes, will invest Rs 2,302 crore ($280.86 million) to set up a manufacturing...
Infosys Shares Slid 11% on Lower than Expected Q4 Earnings, IT Stocks Follow
Infosys Ltd, India’s second-largest IT services and consulting company, saw its shares drop by nearly 11%, its biggest intraday percentage drop since October 2019, after...
Brightcom Shares Soar 5% Amid SEBI’s Show-Cause Notice over Accounting Fraud
On April 17, Brightcom Group shares tanked 5%. Shares were locked in the lower circuit in morning trade after the Securities and Exchange Board of...
Tech Mahindra Drops 7%, Citi Downgrades Stock to ‘Sell’, Cuts Target Price
On April 17, Tech Mahindra Ltd fell more than 7% in the morning trade as global brokerage firm Citi lowered the stock to “sell” from...
Zee Sees Big Deal, Shares Trade Flat on Report Invesco Sells 5.6% Stake
Zee Entertainment Enterprises Ltd saw a blockbuster deal in which about 54.30 million shares, or 5.6% of the company, changed hands in a bundled deal....
Adani Green Energy’s Share Rises as Capacity Jumps 49% in FY23
Shares of Adani Green Energy rose 3% in morning trade on April 17 after the company said its operating capacity in FY23 jumped 49% from...