Issues
Here's Why Suzlon Energy Stock is Up 17% in July
Suzlon Energy stock surges 17% on stellar Q1 results, renewable sector optimism, and bullish market conditions.
Issues
Suzlon Energy stock surges 17% on stellar Q1 results, renewable sector optimism, and bullish market conditions.
Notes
Suzlon Energy's Q1 FY25 profit soars 200% to ₹302 crores, showcasing robust growth in India's renewable energy sector.
Stories
Trucking aggregator startup BlackBuck has filed for IPO, aiming to raise ₹550 crore, marking a significant milestone for the company founded just 9 years ago. Bigger context: The move signals growing confidence in India's tech IPO market, with BlackBuck joining a wave of new-age companies hitting the public
News
Indian immigrants worldwide are expected to send a record $135 billion home in 2024, nearly $10 billion more than 2023. What it means: India surpasses Mexico and China as the top recipient of inward remittances. These funds primarily support families, boosting local economies and driving consumption and growth. They also
Stories
Zepto raised $665 million at a $3.5 billion valuation in a macro-defying investment, by promising to build India's Walmart. Why it matters: The investment comes amidst growing competition for food and grocery delivery from established players like Zomato, Swiggy, as well as incumbents like Reliance, Tata jockeying
Stories
Motilal Oswal's new Nifty India Defense Mutual Fund just smashed records, pulling in a whopping ₹1,600 crore during its New Fund Offer. What's driving this defense frenzy?
Stories
SBI Cards, India's second-largest credit card issuer, is off to a rough start since its public debut in March 2020, with stock mostly trading sideways despite major indices marching upwards on the back of India's economic boom. Investors and shareholders are starting to lose patience.
Stories
What's happening — Weak growth, fierce competition, and lack of capital are compelling India's homegrown social media platform Koo to shut shop after a four-year run. Between the lines: Launched in March 2020, Koo gained significant traction during a broad nationalist sentiment amidst the pandemic. Twitter'
Stories
Focus on SUVs, updated designs, and India's insatiable love for bigger cars has helped Tata Motors' market value breach $25 billion as of July 2024, making it the hottest stock in mobile-town at this point. The big picture: India's largest carmaker is capitalizing on two
Stories
Uranium prices have gone through the roofs recently, reaching as high as $106 per pound in March 2024 — more than doubling from $48 a year earlier. Prices have currently settled at $85 per pound. * This is the highest price level that uranium has had in over a decade. The big
Stories
What happened: Zomato's stock has been on a tear for a while, doubling from post-IPO lows to now top over 200 per share, thanks to growing momentum in the company's quick commerce business through its Blinkit subsidiary. Big picture: the ultra-fast delivery of groceries and essentials
Notes
What's happening: Trent Limited, Tata's retail powerhouse, has seen its stock price skyrocket by 150% in the past year, outperforming most Indian retail stocks and the broader market. The catalyst is India's insatiable appetite for affordable, trendy fashion. By the numbers: • Stock up 150%