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RE: LeoThread 2024-07-25 10:46

in LeoFinance6 months ago

Okay folks, let's do this.

Here's the #threadcast for #newsonleo today, Thursday, July 25th, 2024.

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It's really crazy.

It's a path of no return. We are seeing many developments in various sectors with AI on a large scale.

Is Axis Bank's share price fall a knee-jerk reaction?.

Axis Bank investors seem concerned about the surge in the credit cost
Personal loans and credit card loans grew much faster than the overall loan book growth.

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Tata Motors, Oil & Natural Gas Corporation, Axis Bank, Nestle India among most active stocks.

The Sensex lost 109.08 points, or -0.14, to settle at 80148.88, while the Nifty lost 7.4 points, or -0.03, to close at 24413.5.

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Wealth Destroyer! Media stock Zee Entertainment Enterprises lost 50% of investor wealth just in 2024 YTD.

Zee Entertainment's shares have dropped significantly in 2024, falling by 50% due to the collapse of its merger with Sony and financial strain. The company aims to raise funds through FCCBs and reported improved earnings in Q4FY24.

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Aprameya Engineering IPO subscribed over 3x on the first bidding day led by QIBs; check GMP.

Aprameya Engineering IPO opens on July 25 with a price band of ₹56-58 per share. The company specialises in healthcare infrastructure projects and has no similar competitors in India.

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RNFI Services IPO share allotment to be finalised today: How to check status? A step-by-step guide.

The company is a technology-driven platform offering financial solutions in both B2B and B2B2C segments through an integrated model via its online portal and mobile application. The RNFI Services IPO saw a robust demand, being subscribed to over 221 times.

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Execution challenges may weigh on L&T's growth prospects.

Profitability in Q1 was led by robust execution of international projects, while domestic ones remained subdued on account of labour shortages during the general elections.
L&T is struggling to balance growth, working capital and margins, according to analysts at Ambit Capital.

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Esprit Stones IPO to open tomorrow; price band set at ₹82–87 apiece.

Esprit Stones IPO is priced at ₹82–87 per share, with a ₹10 face value. At least 1600 shares are up for bid, and multiples of those are also available.

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Suzlon Energy shares jump 2%, surge over 16% in one month; what's driving the rally?

The company's shares have delivered a multibagger return of 231 per cent over the past year and have risen by 64 per cent in the past six months. In last one month, the stock has grown over 15.69 per cent.

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Tata, Vedanta, other business groups join the market upswing to beat Sensex this year.

India Inc’s titans join the market rally and shower impressive rewards on shareholders.

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SEBI warns stock exchanges to be ‘extra cautious’ while approving SME IPOs.

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Are railway, power, and defence PSU stocks still attractive after Budget 2024?

Experts foresee positive outlook for power PSU stocks due to capacity expansion, policy support, infrastructure development, and strong financial performance. Government's emphasis on renewable energy projects and improving DISCOMs' financial health are seen as key drivers for power PSUs.

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PSU gas stock hits 6% upper circuit after robust Q1 show, annual returns at 65%; Do you own?

Shares of the PSU gas major gained over six per cent to hit a fresh 52-week high mark at ₹368 apiece on the BSE.

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IDBI Bank share price climbs 7% to cross ₹100 mark for the first time in 10 years.

IDBI Bank stock hits ₹100 mark after 10 years, gaining 51% this year. The bank reported a healthy set of numbers for the June quarter ending number (Q1FY25), with a 40% YoY jump in its standalone net profit to ₹1,719 crore.

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