Punjab National Bank (PNB), India’s state-owned financial giant, showcased a remarkable improvement in its financial performance for the September quarter of FY25. The bank reported a stunning 145% increase in …
Company
Traders are expecting a turnover of ₹4.25 lakh crore this Diwali season, according to CAIT
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The Confederation of All India Traders (CAIT) recently projected a massive nationwide turnover of approximately ₹4.25 lakh crore during the Diwali season. This optimistic estimate comes as Diwali celebrations pick …
Banking
Yes Bank Q2 Results: Net Profit Surges 145% YoY to Rs 553 Crore, NII Increases by 14%
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In the September quarter of FY25, Yes Bank Q2 results showcased a substantial increase in profitability, with standalone net profit soaring by 145% year-on-year (YoY) to reach Rs 553 crore. …
A Rights Issue is a strategic tool used by companies to raise additional capital by offering existing shareholders the right to purchase additional shares at a discounted price. This method …
ICICI Bank Limited released its July-September quarterly results on Saturday, October 26. In a filing to the BSE, the bank reported a 14.47% increase in net profit, reaching ₹11,745.88 crore …
educational blogs
Swing Trading vs. Intraday Trading: Understanding Key Differences for Better Investment Choices
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When it comes to stock market trading, two popular approaches capture the attention of traders: swing trading and intraday trading. Both strategies offer unique advantages, require distinct skill sets, and …
Share
Tesla shares surged by 22%, resulting in a €120 billion boost in market value
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Tesla shares experienced a remarkable surge last night, with the company’s market value climbing by over €120 billion following optimistic sales forecasts and third-quarter performance reports. The stock saw a …
educational blogs
Top Reasons for a Market Downturn: Understanding the Key Factors Behind Market Declines
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Market downturns, or “market corrections,” occur periodically as part of the financial cycle, sometimes due to predictable economic patterns and other times due to sudden global events. Understanding the causes …
Company
HPCL Q2 Results: Net Profit Surges 77%, Misses Estimates; Revenue Declines 12%
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Hindustan Petroleum Corporation Limited (HPCL) recently released its second-quarter results for FY25, showcasing notable improvements in EBITDA and net profit compared to the previous quarter. However, despite these positive gains, …
educational blogs
What Are SPACs? Understanding Special Purpose Acquisition Companies
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In recent years, Special Purpose Acquisition Companies, or SPACs, have emerged as a prominent vehicle for companies looking to go public quickly. While SPACs have been around since the 1990s, …
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