Niva Bupa Health Insurance Company could not enthuse investors on its debut day as shares closed flat, following weak conditions in the equity markets on November 14. The Nifty 50 has shed 10.4 percent from its record high of September 27. The stock opened higher at Rs 78.14 on the NSE, up 5.6 percent over the issue price and hit an intraday high of Rs 81 in early trade.
Open FlipBSE reported strong 2QFY25 results, with 192% YoY and 31% QoQ PAT growth to INR3.46b, driven by revenue growth and operational efficiency. Operating revenue grew 137% YoY to INR7.5b, with a 100% YoY jump in Star MF revenue. EBITDA margins expanded to 52.1%. BSE reported strong 2QFY25 results, with 192% YoY and 31% QoQ PAT growth to INR3.46b, driven by revenue growth and operational efficiency.
Open Flip📌Top gainers in Nifty were Eicher Motors (up 6.43%), Hero Motocorp (up 1.87%), HDFC Life Insurance Company (up 1.31%), Reliance Industries (up 1.24%), and Kotak Mahindra Bank (up 1.19%). 📌Top losers included Hindustan Unilever (down 3.07%), Tata Consumer (down 2.91%), Britannia Industries (down 2.59%), Bharat Petroleum Corporation (down 2.50%), and Nestle India (down 2.35%).
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