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HONASA STOCK CRASH
620% rally makes Cupid the costliest stock in its category at 197 P/E. Should investors be cautious?Cupid, a contraceptives manufacturer, has seen a remarkable 620% rally in the past year, making it the costliest stock in its category with...
Smallcap stocks skyrocket up to 79% after crash. Is this breakout rally or bull trap?Indian smallcap stocks have surged dramatically in April, with some gaining up to 79%. The Nifty Smallcap 250 has outperformed the Nifty50,...
Swiggy back to square one as stock sinks 36% from peak, returns to IPO price. What's ahead?Swiggy's stock has fallen 36% from its peak, returning nearly to its IPO price of Rs 390. Despite a 54% revenue jump, the company's net los...
Inside the Gensol–BluSmart collapse; Wow! Momo’s fresh fundingHappy Friday! Quick-service restaurant chain Wow! Momo is raising Rs 130-150 crore in funding. This and more in today’s ETtech Morning Disp...
Over 800 smallcaps end the week in red. 116 stocks fall in double-digits up to 43%BSE Smallcap fell 2% last week, with 821 stocks declining up to 43%. Market sentiment remained weak due to US recession fears and tariff wa...
ICICI Securities sees Honasa Consumer rallying up to Rs 400, upgrades to buyHonasa Consumer's shares surged 8.5% to Rs 222.10 on the BSE after reporting a Q3 net profit of Rs 26 crore, nearly unchanged from Rs 25.9 ...
Bears on the prowl: Over 1,000 stocks crash at least 30% from peaks. Is your portfolio safe?Over 1,000 stocks on Dalal Street have dropped at least 30% from their 52-week peaks, signaling a potential bear market. Key factors includ...
Is bear market here? Sensex masking pain as 4 out of 5 stocks down at least 20% from peakEven though the Sensex is only down 12% from its 52-week high, over 80% of BSE 500 stocks are in a bear market, with some eroding up to 65%...
Emerging Titans: Harsh & Rishabh Mariwala on doing business by pivoting on ‘masstige,’ D2C & changing consumption patternHarsh and Rishabh Mariwala discussed emerging consumer trends, including premiumization, D2C growth, and the rise of 'masstige' products. T...
Healthkart’s secondary deal; Honasa shares plummetHealthkart has closed a secondary funding round that values the startup at $500 million. This and more in today’s ETtech Top 5.
Honasa Consumer shares plummet to 52-week low on Q2 lossFor the July-September period, Mamaearth parent Honasa Consumer reported a 7% year-on-year (YoY) decline in operating revenue at Rs 462 cro...
Sensex drops 600 pts, Nifty below 23,400 as slow earnings and FPI outflows weigh on investor moodStock Market Today: Indian benchmark equity indices traded lower on Monday, weighed down by concerns over slowing earnings growth and forei...
NTPC Green Energy IPO opens tomorrow. Here's what GMP indicatesNTPC Green Energy IPO GMP Today: The initial public offering (IPO) of NTPC Green Energy will open for subscription tomorrow, November 19, a...
LTIMindtree, Wipro, and other IT stocks crack up to 5% amid Powell's indication of slower rate cutsIT stocks came under pressure on Monday after US Federal Chair Jerome Powell’s comments suggesting a slowdown in interest rate cuts. Powell...
RVNL, REC among BSE500 stocks defying today's market downtrendDespite gains for RVNL, CAMS, and REC, the bearish market saw Sensex and Nifty crashing. RVNL gained 8%, CAMS 4%, and REC over 3%. Mahindra...
Byju Raveendran in fire-fighting mode amid crises; Gameskraft’s FY23 profit, revenue riseBattling crises on multiple fronts, Byju’s founder Byju Raveendran revealed his plans to tackle the liquidity crisis in a call with senior ...
Mamaearth, Cult.fit snap up offline firms; Jio Platforms to bet $200M on GlanceWhile it may be too early to call it a trend, these aren’t the first tech startups to acquire old-school firms since the start of the pande...
What 2022 holds for tech; Ola’s EV ambitions hit a hurdleAs the pandemic took hold, technology played a bigger role in everyone’s lives this year, whether through work-from-home, online deliveries...