IndusInd Bank shares extended their losing streak for the fifth consecutive session, plunging 23% in morning trade on Tuesday, March 11, 2025. The sharp decline came after the private sector lender disclosed discrepancies in its derivatives portfolio, raising investor concerns over financial stability and risk management. Stock Hits 52-Week Low On the Bombay Stock Exchange…
Shares of Hindustan Zinc, a subsidiary of Vedanta, fell 1.5% to ₹420.05 on the BSE on Tuesday following the company’s announcement of a ₹500 crore non-convertible debenture (NCD) issuance through a private placement. The move aims to raise capital while maintaining shareholder equity, but the market reacted with a slight dip in stock prices. Board…
IndusInd Bank shares faced a sharp decline of over 5% on March 10, reaching a new 52-week low. The slump followed the Reserve Bank of India’s (RBI) decision to extend the tenure of CEO Sumant Kathpalia for only one year, significantly shorter than the bank’s board had requested. This move has raised concerns among investors…
Tata Power shares climbed 3% on the Bombay Stock Exchange (BSE) today, reaching an intraday high of ₹361.85 per share. The surge comes on the heels of a significant development—Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power, has inked a Memorandum of Understanding (MoU) with the Andhra Pradesh government to develop up…