Business – Blog Category

Reliance Power, a flagship company of the Anil Ambani-led Reliance Group, has recently been in the spotlight for all the right reasons. Its share price surged, hitting a 5% upper circuit in the stock market. This surge came after the Solar Energy Corporation of India (SECI) lifted its ban on the company from participating in renewable energy tenders.

For years, the question of who reigns supreme in India’s ride-hailing market had a simple answer: Ola and Uber. But has that started to change? With a growing foothold across cabs, auto-rickshaws, and bike taxis, Rapido has emerged as a serious contender. How did this once niche player in bike taxis manage to carve out a significant market share in a space dominated by giants? And more importantly, could Rapido truly disrupt the Ola-Uber duopoly and reshape the market?

Honasa Consumer Ltd., the parent company of Mamaearth, a popular brand in the personal care segment, recently witnessed a dramatic 40% plunge in its stock value.

The electric vehicle (EV) revolution is picking up speed, and Tesla is front and center in this exciting shift. But it’s not just about Tesla—the entire EV ecosystem plays a big role. From battery makers to software companies, the EV boom is opening up opportunities across many industries. But what about the lesser-known players—the stocks that aren’t obvious but stand to benefit from this transformation?

Hindustan Unilever Limited (HUL), a household name in India’s FMCG sector, has announced the separation of its ice cream business. This strategic decision is turning heads, sparking interest from both the financial markets of Dalal Street and everyday consumers on Main Street.

Have you been keeping an eye on the telecom sector lately? If so, you might have noticed some exciting developments.

The Adani Group, an Indian conglomerate, has recently faced another significant blow. On Thursday, November 21st, shares of all Adani Group companies took a substantial hit, plummeting between 10% and 20% at the market open.

Have you been tracking city gas distribution (CGD) stocks? If so, you might have noticed something alarming on November 18, 2024. Shares of key players like Indraprastha Gas Limited (IGL) and Mahanagar Gas Limited (MGL) plummeted by up to 20%, marking one of their sharpest declines in recent times. This sharp drop follows a decision by the Indian government to cut the allocation of Administered Price Mechanism (APM) gas to CGDs for the second consecutive month.

NIFTY50 and the SENSEX have been plummeting for over a week. The domestic stock market is struggling to stay rooted amidst the selling pressure.

Toyota Kirloskar Motor, Toyota's Indian subsidiary, had a remarkable year, with profits reaching levels typically achieved over a decade.