The anticipation surrounding a potential SpaceX initial public offering (IPO) has reached unprecedented levels, creating intense demand among investors eager to gain exposure to one of the world’s most influential private companies. Market analysts, institutional investors, and retail traders alike are closely monitoring developments, with many describing the excitement as unmatched in recent years. SpaceX,...
Shares of HFCL witnessed another sharp rally in trading sessions, climbing nearly 10% to hit a fresh all-time high as investor enthusiasm around the telecom and infrastructure company continued to strengthen. The stock has delivered extraordinary gains over the past four months, surging approximately 172%, making it one of the standout performers in the broader...
JSW Cement reported a strong financial performance for the fourth quarter, posting a consolidated net profit of ₹362 crore for the January–March period. The company also announced a dividend of ₹0.50 per equity share, signaling confidence in its financial stability and future growth outlook. The earnings announcement comes amid improving demand conditions in the construction...
The Indian rupee weakened sharply in early trading on Wednesday, touching a historic low of 96.90 against the U.S. dollar, reflecting mounting pressure from global economic uncertainties, rising crude oil prices, and sustained foreign capital outflows. The decline in the domestic currency has intensified concerns among investors, traders, and policymakers about the broader implications for...
India’s leading investment platform Groww witnessed a sharp recovery in its share price after an intense selloff triggered by a large-scale stake sale from early investors. Shares of Billionbrains Garage Ventures, the parent company of Groww, surged nearly 6% in trading despite three major US-based investors collectively offloading shares worth approximately ₹5,326 crore through block...
The Indian rupee witnessed one of its steepest declines in recent times, falling sharply against the US dollar as rising global crude oil prices and escalating geopolitical tensions rattled financial markets. The domestic currency weakened by 139 paise during intra-day trading, nearing the critical ₹95-per-dollar mark and triggering fresh concerns over inflation, import costs, and...
The parent company of Truth Social, the social media platform closely associated with U.S. President Donald Trump, has reported a staggering quarterly loss exceeding $400 million, highlighting the growing financial pressures facing the company amid ongoing volatility in the cryptocurrency market. Trump Media & Technology Group (TMTG), the company that owns and operates Truth Social,...
The initial public offering (IPO) of Jaro Institute of Technology Management and Research Ltd, widely known as Jaro Education, received an 87% subscription on the first day of its share sale on Tuesday. According to data available on the NSE, the IPO received bids for 32,41,168 shares against 37,23,404 shares on offer. Among investor categories,...
Ahmedabad: Adani Group Chairman Gautam Adani on Thursday strongly criticised the allegations made by US-based short-seller Hindenburg Research, demanding a “national apology” from those who propagated what he described as “false and baseless narratives.” His statement comes after the Securities and Exchange Board of India (SEBI) officially gave the Adani Group a clean chit in...