NSE SME Virtual Galaxy soar into orbit on market debut

Mumbai, May 19 -- The scrip was listed at 180, a premium of 26.76% over the initial public offer (IPO) price. The stock was currently frozen at its upper limit of 5% over its listing price. The count... Read More

Market trade with minor gains; pharma shares rally over 1%

Mumbai, May 19 -- The key equity indices pared all early losses and traded with minor gains in morning trade, demonstrating resilience despite global headwinds. The Nifty traded above the 25,000 level... Read More

Economic Buzz: China's unemployment dips to 5.1% in April, lowest since Dec 2024

Mumbai, May 19 -- China's surveyed unemployment rate eased to 5.1% in April 2025 from 5.2% a month earlier, marking the lowest since December 2024. The jobless rate among locally registered workers dr... Read More

Protean eGov Tech tanks after exclusion from PAN 2.0 project bidding process

Mumbai, May 19 -- In an exchange filing, the company disclosed that the Income Tax Department (ITD) has issued a Request for Proposal (RFP) inviting bids for the selection of a Managed Service Provide... Read More

Sun Pharma rises after USFDA approves next-gen Blue Light PDT device for actinic keratosis

Mumbai, May 19 -- The new model (LED BLU-U) in combination with LEVULAN KERASTICK (aminolevulinic acid HCl) topical solution, 20%, is indicated for the treatment of minimally to moderately thick actin... Read More

Wall Street Rallies Despite Weak U.S. Consumer Sentiment; Biotech Leads Gains

Mumbai, May 19 -- The Dow advanced 331.99 points (0.8%) to 42,654.74, the S&P 500 climbed 41.45 points (0.7%) to 5,958.38 and the Nasdaq rose 98.78 points (0.5%) to 19,211.10. Uncertainty remains abo... Read More

Franklin India Feeder- Templeton European Opportunities Fund merger into Franklin India Feeder - Franklin U.S. Opportunities Fund

Mumbai, May 19 -- Franklin Templeton Mutual Fund has approved the merger of Franklin India Feeder- Templeton European Opportunities Fund merger into Franklin India Feeder - Franklin U.S. Opportunities... Read More

Nesco slides after Q4 PAT decline 16% YoY to Rs 89 cr; recommends final dividend of Rs 6.5/ share

Mumbai, May 19 -- Revenue from operations rose 1.60% YoY to Rs 192.01 crore in the quarter ended 31 March 2025. On the segmental front, during the quarter, revenue from Realty jumped 15.98% YoY to Rs... Read More

GPT Infra rises after Q4 PAT climbs 50% YoY to Rs 24 cr

Mumbai, May 19 -- Revenue from operations jumped 29.06% YoY to Rs 380.74 crore in the quarter ended 31 March 2025. Profit before tax grew by 20.43% to Rs 28.64 crore during the quarter as against Rs ... Read More

Divis Lab gains after Q4 PAT climbs 23% YoY; recommends final dividend of Rs 30/ share

Mumbai, May 19 -- Revenue from operations grew by 12.24% year on year (YoY) to Rs 2,585 crore in the quarter ended 31 March 2025. Profit before tax for the quarter was at Rs 864 crore, up 21.17% from... Read More

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