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IndusInd Bank Share Price Falls 15% on Mar 11; Identifies Accounting Gaps in Derivative Portfolio

IndusInd Bank Share Price Falls 15% on Mar 11; Identifies Accounting Gaps in Derivative Portfolio

11 March 2025

Induslnd Bank Limited has been in focus on Tuesday. On March 11, 2025, Induslnd Bank share price opened at ₹810.45, down from its previous close of ₹900.50. At 9:41 AM, the share price of Induslnd Bank was trading at ₹765.40, down by 15.00% on the NSE. Notably, the stock price touched its 52-week low at …

Gensol Engineering Share Price Hits 52-Week Low on Mar 11; Promoters Infuse ₹28.99 Crore Via Warrant Conversion

Gensol Engineering Share Price Hits 52-Week Low on Mar 11; Promoters Infuse ₹28.99 Crore Via Warrant Conversion

11 March 2025

Gensol Engineering Limited has been in focus on Tuesday. On March 11, 2025, Gensol Engineering share price opened at ₹294.50, down from its previous close of ₹305.80. At 9:49 AM, the share price of Gensol Engineering was trading at ₹290.55, down by 4.99% on the NSE. Notably, the stock price touched its 52-week low at …

AGS Transact Share Price Drops 5.05%; Banks Face ATM Outages

AGS Transact Share Price Drops 5.05%; Banks Face ATM Outages

11 March 2025

As per news reports, the financial troubles of ATM service provider AGS Transact have led to major disruptions in India’s banking infrastructure, affecting the operations of nearly 38,000 ATMs.  Several banks, including State Bank of India (SBI), ICICI Bank, and Axis Bank, were struggling to maintain cash availability at these machines. SBI Among the Worst …

Skoda VW Eyes EV Licensing Pact with JSW & Tata Motors

Skoda VW Eyes EV Licensing Pact with JSW & Tata Motors

11 March 2025

As per news reports, Skoda Auto Volkswagen India is in discussions with JSW Group and Tata Motors for a potential licensing agreement for electric car manufacturing. This move comes as talks with Mahindra & Mahindra for an equal joint venture (JV) remain inconclusive due to disagreements over valuation, vehicle platform sharing, and other critical terms. …

HUDCO Declares ₹1.05 Interim Dividend for FY25; Record Date on March 14

HUDCO Declares ₹1.05 Interim Dividend for FY25; Record Date on March 14

11 March 2025

Housing & Urban Development Corporation Ltd (HUDCO) announced on March 10, 2025, that its Board of Directors has approved a second interim dividend of ₹1.05 per equity share (10.50%) for FY 2024-25.  The record date for determining shareholder eligibility is set for March 14, 2025, and the dividend payment will be completed within 30 days …

Centum Electronics Share Price Surges 7% After QIP Launch

Centum Electronics Share Price Surges 7% After QIP Launch

11 March 2025

Centum Electronics share price rose 7.5% on the BSE, reaching an intraday high of ₹1,292 per share. The stock gained momentum after the company announced a Qualified Institutional Placement (QIP) at a floor price of ₹1,219.65 per share. By 10:23 AM, the stock was trading at ₹1,277.55, up 6.4%, while the BSE Sensex was up …

HEG Share Price Rise 5% on ₹500 Crore Investment in Bhilwara Energy

HEG Share Price Rise 5% on ₹500 Crore Investment in Bhilwara Energy

11 March 2025

HEG share price rose 5% in early trade on Tuesday after the company announced a fundraising update. The stock opened at ₹408 on the NSE, gaining over 5% from the previous close of ₹387.80. It later touched an intraday high of ₹416, rising more than 4.5% even as broader markets remained weak. The Nifty 50 …

Paytm Share Price Gain 3% Despite Weak Market, ESOP Allotment Boosts Sentiment

Paytm Share Price Gain 3% Despite Weak Market, ESOP Allotment Boosts Sentiment

11 March 2025

Paytm’s parent company, One97 Communications, saw its share price rise by 3% on March 11 despite overall weak market conditions. At 9:33 AM, Paytm share price was trading at ₹685.75 per share. Share Allotment Under ESOPs The stock gained momentum after Paytm announced on March 9 that it had allotted 84,793 equity shares under its …

Nazara Technologies Expands into Short-Form Video with ReelSaga Investment

Nazara Technologies Expands into Short-Form Video with ReelSaga Investment

11 March 2025

Nazara Technologies is stepping into the short-form video space by investing $250,000 (₹ 2.17 crore) in ReelSaga Innovations Private Limited. This investment gives Nazara a 3.57% stake in the company, marking its entry into the growing short-form drama segment. ReelSaga’s Focus on Bite-Sized Content Founded in 2024, ReelSaga is designed for India’s mobile-first audience, offering …

Mukesh Ambani’s Business Faces Challenges as US Trade Risks Rise

Mukesh Ambani’s Business Faces Challenges as US Trade Risks Rise

11 March 2025

Mukesh Ambani, Asia’s richest businessman, is facing new challenges as US trade policies could impact his business empire. If former US President Donald Trump returns to power, changes in trade regulations may create obstacles for Indian companies, particularly Reliance Industries. Trade Tensions Between the US and India The US has criticised India’s high tariffs, and …

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