Nykaa shares rally 5% on strong Q3 update; net revenue growth higher than mid-20s
Nykaa share price: FSN E-Commerce Ventures, parent company of Nykaa, saw its shares surge 5.3% after announcing a strong Q3 FY2025, with net revenue growth expected to exceed the mid-twenties. The beauty vertical showed significant momentum, with GMV growth in the low thirties. Nykaa’s fashion vertical is expected to grow at around 20%. Shares have […]
Titan shares climb over 2% as festive demand fuels 24% standalone sales growth in Q3
Shares of Titan Company rose 2.3% to Rs 3,527.20 on BSE. The surge followed a 24% year-on-year growth in its standalone business for the December quarter. The jewellery segment reported a 26% sales growth. Titan’s Watches & Wearables and EyeCare divisions also showed growth, while Caratlane expanded its presence domestically and internationally.
ETMarkets PMS Talk: The future of ESG investing – Sreeram Ramdas on trends, governance, and stock selection
Our ESG fund was launched with a specific objective: to invest in small and mid-cap companies that are poised for significant growth while maintaining strong corporate governance and a minimal environmental footprint.
Positive Breakout: These 5 stocks close above their 200 DMAs
In the Nifty500 pack, five stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on January 3, according to stockedge.com’s technical scan data. The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day […]
ITC shares in focus as stock exchanges hold special session to set ITC hotels share price
ITC shares will be in focus as BSE and NSE hold a special pre-open trading session today for ITC Hotels shares, which are being demerged from ITC Ltd. Shareholders will receive 1 ITC Hotels share for every 10 ITC shares. Brokerages anticipate ITC Hotels shares to be worth Rs 150-200 each.
Standard Glass Lining Technology IPO opens for subscription. Check key dates, price band, GMP and review
Standard Glass Lining Technology’s Rs 1,250 crore IPO opens today, with a price band of Rs 133-140 per share and a GMP indicating a 69% premium. The issue includes fresh equity for capital expenditure, debt repayment, and strategic investments. Analysts recommend subscribing due to robust growth prospects.
Indobell Insulation IPO opens today: Check key dates, GMP, price band and other details
Indobell Insulation’s SME IPO opens from January 6 to 8, aims to raise Rs 10 crore by offering 22.5 lakh fresh equity shares at Rs 46 each. Proceeds will fund capital expenditure, working capital, and corporate purposes. The IPO is split equally between retail and non-institutional investors. Final allotment on January 9 and listing on […]
ITC demerger: Stock exchanges to hold special session today to set ITC Hotels share price
While ITC Hotels shares will not get listed today, bourses will create a dummy ticker and include it as the 51st Nifty stock and 31st Sensex stock till the actual listing happens in the next few weeks. Until then, you can’t buy or sell ITC Hotels shares.
China’s central bank vows ‘moderately loose’ policy
Officials have unveiled measures aimed at bolstering growth, including cutting interest rates and easing homebuying restrictions, but economists have warned more direct stimulus may still be needed.
FPIs heavily bearish, but that may well be a bullish signal
This was closer to 2024’s lows of 12.7% on June 4, which was seen at the start of June 2024 during the once-in-five-year mega event of the Lok Sabha election results, said Rajesh Palviya, head of technical and derivatives research at Axis Securities.