Top gainer: M&M 2,788 ▲ 79 (+2.93%)
Top loser: Wipro 622 ▼ 19 (-2.99%)
Shares of Tata Investment Corporation (TICL) surged as much as 10.3% to ₹6,343.80 apiece on the BSE
Shares of Tata Investment Corporation (TICL) surged as much as 10.3% to ₹6,343.80 apiece on the BSE on Tuesday, February 25, as Tata Capital, in its regulatory filing available on the BSE, said that the company’s board has given a go-ahead for its initial public offering (IPO). Tata Capital said that the board of directors of the company has approved the initial public offering (IPO) of the equity shares of face value of ₹10 each.
Stock investors gained confidence in food delivery giant Zomato as its shares soared over 3%
Stock investors on Tuesday, February 25, gained confidence in food delivery giant Zomato as its shares soared over 3% during intraday trade on multiple factors. At 11:30 AM, Zomato shares surged 3.14% to ₹229.68 per share on the National Stock Exchange (NSE). The scrip had rebounded 100% from its 52-week low of ₹144.30 touched on March 14, 2024. The company had touched its 52-week high on December 9 last year at ₹304.70 on the 50-share index. Global broking firm Bernstein reaffirmed its bullishness on Zomato as competition in the quick commerce space heats up.
Mahindra & Mahindra (M&M) share price rose for a second consecutive session on Tuesday
Mahindra & Mahindra (M&M) share price rose for a second consecutive session on Tuesday, as investors showed interest to buy the company’s stock after it slipped over 9% last week. Shares of the auto major was the biggest contributor on NIFTY50 index surging over 3% during the intraday trading period. At 1:19 PM, the scrip was trading 3.31% higher at ₹2789.5 per share.