SRF Ltd and Navin Fluorine's share prices surged up to ✅13% on Thursday, driven by rising global refrigerant merchandise prices, expected to boost earnings for the specialty chemical manufacturers, following concerns of supply shortages for essential gases ✅ R32 and R125 from a major US distributor.
Open FlipKalyan Jewellers India Ltd. share prices continued to witness a decline, fifth day in a row. Currently, the trading price stands at Rs 686.35, a decline of 3.24% early on the day, January 9. Earlier, the company had released its Q3 FY25 updates on Tuesday, highlighting likeliness of its net revenue to grow by 39% with India business surge standing at 41 percent on festive and wedding demand.
Open FlipHere is the summary, With a monthly income of Rs 20,000, getting a personal loan is possible, despite banks and NBFCs preferring higher salary brackets. Eligibility criteria include a credit score above 700, minimum work experience, and Indian nationality, with interest rates starting at 12% per annum.
Open FlipBritain’s latest bond turmoil has drawn comparisons with the Liz Truss mini-budget debacle of 2022 but a parallel with the debt crisis of the 1970s might be more apt. That’s the analysis of former Bank of England rate-setter Martin Weale, who said the Labour government may have to resort to austerity to reassure markets that it will address the UK’s escalating debt burden.
Open FlipShares of chemical players SRF Ltd and Navin Fluorine International surged as much as 14% on Thursday after a report from brokerage firm Equirus Capital highlighted a sharp rise in global refrigerant gas prices. The rally follows warnings from a leading U.S. distributor with significant quotas, which cited severe supply constraints for key refrigerant gases, R32 and R125.
Open FlipA look at the day ahead in European and global markets from Kevin Buckland The British bond market has become the focus of global investor attention, for some unenviable reasons. A 20-basis point spike in benchmark gilts this week to the highest since 2008 is being linked by analysts to a welling crisis of confidence in Britain’s fiscal outlook.
Open FlipShares of ACME Solar Holdings Ltd surged nearly 5 percent after the company announced the successful commissioning of an additional 90 MW of solar power capacity in Rajasthan. This development elevates ACME’s total operational renewable generation capacity to 2,453 MW, marking a significant milestone in its expansion plans.
Open FlipAshish Kacholia portfolio stocks: Ashish Kacholia’s investment firm Bengal Finance and Investment picked a stake in small-cap company Yuken India during the third quarter of financial year 2024-25 (Q3 FY25), shows the latest shareholding pattern released by the company. Following this update, the company’s stock spiked 14% on the BSE on Thursday, January 9.
Open FlipTCS shares are in the spotlight ahead of its quarterly earnings set to be released on January 09. All eyes are on the key dividend announcement. The stock is trading 0.5%% lower after a 2% fall last week. The TCS results will give a hint to the investors on the quarterly performance of the information technology (IT) sector.
Open FlipUP-RERA imposes a penalty of Rs 14.41 crore on Ansal Properties and Infrastructure for violating Section 3 of the RERA Act by executing 329 sale deeds in unregistered pockets of Sushant Golf City, Lucknow. UP-RERA also launches a mandatory training program for real estate agents to ensure proper conduct and accountability.
Open FlipState-run renewable energy financier IREDA will be reporting its December quarter results today. The company had already shared its business update with regards to disbursements, sanctions and loan book outstanding during the quarter last week. Shares of IREDA have been one of the most successful listings of the recent 12 months, with shares having surged nearly 10x from its IPO price of ₹32.
Open FlipOn the back of softening corporate profits and elevated valuations, global brokerage firm HSBC has downgraded its rating on India to ‘Neutral’ from an ‘overweight’ earlier, setting a Sensex target of Rs 85,990 for 2025. While India has experienced annualized growth of 25% in recent years, HSBC notes that this pace is unsustainable.
Open FlipShares of Indian Renewable Energy Development Agency Ltd. (IREDA) are trading with gains of over 1% on Thursday, January 9, ahead of the state-run financier announcing its results for the October-December period. IREDA had already disclosed its business momentum for the quarter gone by last week, on January 1. The company had sanctioned loans worth ₹31,087 crore during the quarter.
Open FlipDavin Sons Retail shares listed on the BSE SME platform at a discount of 20 percent on January 9, following nearly 115 times subscription to its Rs 9-crore issues. The shares of Davin Sons Retail were listed at Rs 44 per share on the BSE SME platform, a discount of 20 percent to its IPO price. The company's market market valuation post listing of shares stood at Rs 24.31 crore.
Open FlipAt CES 2025, NVIDIA introduced ground-breaking innovations like the GeForce RTX 50 GPUs, NVIDIA Cosmos, and Project DIGITS. These advancements are set to revolutionise AI, gaming, robotics, and autonomous vehicles, accelerating development and empowering creators across industries, these announcements showcase a new era of innovation.
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