Shares of Reliance Power continued their decline on October 7, hitting the 5 percent lower circuit for the third consecutive session as investors engaged in profit-booking. The stock is now trading 11 percent below its 52-week high of Rs 53.64, which it reached last week.The stock has surged over 60 percent in the past month, fueled by strong investor sentiment after the Anil Ambani-led company an...

Gujarat Pipavav Ports reported disappointing business updates for the July-September quarter, marking a drop in its container as well as dry bulk volumes which dragged the stock over 5 percent lower in trade on October 7.The company's Q2 total container volumes went down 17 percent on year to 179,000 TEUs in the July-September period as against 216,000 TEUs a year ago. Dry bulk volumes also came d...

Shares of Shakti Pumps (India) were locked at a 5 percent upper circuit at Rs 2,845 per share on June 18 after the company announced that its long-term rating was upgraded by INDIA Ratings & Research.So far this year, shares of Shakti Pumps more-than-doubled over 178 percent, outperforming the benchmark Nifty 50 index that rose only by 8 percent during the same period."We are glad to inform you th...

“You need to know the market's going to go down sometimes. If you're not ready for that, you shouldn't own stocks. And it's good when it happens.” -- Peter Lynch.The legendary fund manager has spent many decades in the markets to know that corrections are part of a normal market cycle and it is not bad as it allows investors to buy good quality stocks at cheaper valuations and with a long-term...

Bharti Airtel's share price gained on October 7 after 5 days of consecutive fall on the back of a partnership of Airtel Business with Fortinet to launch ‘Airtel Secure Internet’ for online security solutions. Airtel Business is the B2B arm of Bharti Airtel.‘Airtel Secure Internet’  is a new-age internet security solution offering a robust and fully managed defence against cyber threats, t...