Ola Electric shares rose 20% to Rs 133: HSBC gave a target of Rs 140, Ola launched bikes yesterday

After the launch of Ola Electric bikes, its stock rose by 20% today. It has reached Rs 133. Ola's stock has also received the first buy rating from brokerage firm HSBC. Ola launched its first electric bike Roadster on 15 August. The company introduced 3 models of bikes Roadster, Roadster X, Roadster Pro in its annual event 'Sankalp 2024'. Ola…

Hindustan Zinc shares fell by about 10% today: Vedanta is selling 3.17% stake in the company through OFS, due to this the shares fell

Hindustan Zinc Limited (HZL) shares fell nearly 10% today on Friday (August 16). The company's stock closed at 518 points with a decline of 9.40%. Actually, Vedanta Group is selling its 3.17% stake in Hindustan Zinc through Offer for Sale (OFS). Vedanta is selling Hindustan Zinc shares at a price of Rs 486 in OFS, which is Rs 50 less…

Interarch Building Products IPO will open on August 19: The company wants to raise Rs 600 crore through this, opportunity to invest till August 21

The Initial Public Offer (IPO) of Interarch Building Products Limited will open on Monday, August 19. Investors will be able to bid for shares till August 21. On August 26, the company's shares will be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE). Through this issue, the company wants to raise a total of ? 600.29…

Hindustan Zinc to pay ?8,000 crore dividend: Government to get ?2,400 crore and promoter Vedanta to get ?5,100 crore, apart from regular dividend

Vedanta Group's subsidiary Hindustan Zinc Limited (HZL) is planning to give a special dividend of Rs 8,000 crore to its shareholders for the current financial year. The company's board meeting will be held on August 20 to finalize the approval of the dividend. This information has been given by news agency PTI today (August 15) quoting sources. Companies give a…

Ola Electric Bike ‘Roadster’ launched at a starting price of ? 74,999: Top variant will run 579km on full charge, competes with Revolt RV400

Ola Electric has launched its first electric bike Roadster in the Indian market today (15 August). The electric two-wheeler maker introduced 3 models of the bike, Roadster, Roadster X, Roadster Pro, in its annual event 'Sankalp 2024'. Roadster and Roadster X have been launched with three different battery packs and Roadster Pro with two different battery packs. That is, all…

Mahindra Thar Rocks launched at a starting price of Rs 12.99 lakh: Off-road SUV with 6 airbags as standard and safety features like ADAS, competes with Force Gurkha

Mahindra & Mahindra has launched Thar Rocks in the Indian market. This is the 5-door version of the company's most popular SUV Thar. It has been given off-road technology of the existing 3-door Thar. New features have been added to the car for comfort and safety. Thar Rocks has features like new 6-slat grille, all LED lighting setup, 10.25-inch touchscreen,…

A fund of lakhs can be easily created through PPF: It is giving 7.1% interest, understand the complete math of investment here

If you are planning to invest in such a scheme these days where your money is safe and you also get good returns, then Public Provident Fund (PPF) scheme can prove to be right for you. Currently 7.1% annual interest is being given in this scheme. By investing only thousand rupees every month in it, you can easily create a…

SpiceJet profit down 20% to Rs 158 crore: Revenue also down 15% in first quarter, stock down 9% this year

Debt-ridden airline SpiceJet has reported a consolidated net profit of Rs 158 crore in the first quarter of FY 2024-25. It has declined by 20% on a year-on-year basis (YoY). In the same quarter a year ago, the company had a profit of Rs 198 crore. Consolidated revenue from SpiceJet's operations stood at Rs 1,708 crore. It has declined by…