Business News

UltraTech Cement: On February 27, 2025, shares of major Indian cable and wire manufacturers experienced significant declines following UltraTech Cement’s announcement of its entry into the cables and wires (C&W) market. This move has raised concerns about increased competition and potential market shifts. Key Stock Movements: Polycab India Ltd: Shares fell by 17.6%, closing at … Read more

Kalyan Jewellers’ stock has been under pressure, falling for the eighth consecutive day, dropping 27% during this period. On January 15, 2025, it declined by 3.4% to Rs 576.55. The stock had hit a high of Rs 794.60 on January 2, 2025. Over the past two years, Kalyan’s market value more than doubled. In 2024, … Read more

INTRODUCTION Indian Oil Stock: Indian Oil Corporation Limited (IOCL) shares saw a 3% bounce on January 14, trading at ₹125 on the NSE, following a dip to a 52-week low. This recovery comes amid ongoing challenges for oil marketing companies (OMCs), which have been grappling with rising global crude oil prices. The surge in oil … Read more

Mishtann Foods shares fell 20% on Friday. Sebi has restrained Mishtann Foods and its promoter from the securities markets. This is due to alleged financial mismanagement and fraudulent transactions. The company must return nearly Rs 100 crore. ALLEGATIONS AND FINDINGS Mishtann Foods engaged in circular trading with fictitious entities. These transactions inflated financial performance, misleading … Read more