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Heranba Industries (NSE: HERANBA) Jumps 9.5% to ₹180.60 on ₹25 Crore Agrochem Unit Investment
Heranba Industries shares jumped 9.53% to ₹180.60 on Monday, August 24, 2026. The rally followed a Q1 FY27 profit turnaround alongside a fresh ₹25 crore investment plan. Heranba Industries also returned to profitability after a weak Q4 FY26. Q1 FY27 Results Drive the Rally Heranba Industries (HERANBA.NS) posted consolidated net profit of ₹7.14 crore in…
Sony Faces PlayStation Blackout as Gamers Protest Disc Phase-Out by 2028
PlayStation gamers boycott Sony through August 30 over plans to end physical disc production in 2028. Sony’s licensing emails spark debate on digital ownership rights.
Shein Targets $27B (£20B) Valuation in Long-Awaited Hong Kong IPO, Raising to $1.8B
Shein launched its Hong Kong IPO on Monday, August 24, 2026, targeting a valuation of up to 27billion.Thefast-fashionretaileraimstoraiseasmuchasHK13.86 billion, or 1.77billion.ShareswillpricebetweenHK47.60 and HK$49.50 apiece. IPO Structure and Timeline Shein is selling 280 million Class B shares in the offering. The company will confirm its final IPO price on August 31, 2026. Trading on the Hong…
Hanmi Pharm (KRX: 128940) Hits 30% Daily Limit on $2.3B Obesity Drug Licensing Deal with Genentech
Hanmi Pharm shares surged 30% on August 24, 2026, hitting the daily price limit after the South Korean drugmaker announced a licensing deal with Genentech worth up to $2.3 billion. The agreement covers HM17321, an experimental obesity treatment designed to reduce body fat while preserving muscle mass. Hanmi will receive $190 million upfront, while Genentech…
Samsung (KRX: 005930) Slumps 8.8% as $80 Billion Shareholder Return Plan Underwhelms Markets
Samsung Electronics shares fell as much as 9.4% to 255,000 won on Monday, August 24, 2026. The stock later settled around an 8.8% decline, making Samsung the biggest weight on the KOSPI index. The selloff followed Friday’s announcement of a 90 trillion to 110 trillion won ($65 billion to $80 billion) shareholder return plan. Investors…
Vishal Mega Mart (NSE: VMM) Jumps 11% to ₹115 on CEO Gunender Kapur’s 5-Year Term Renewal
Vishal Mega Mart shares jumped around 10% on August 24, 2026, after the retailer announced the reappointment of Gunender Kapur as Managing Director and CEO for another five years. His new term will run from September 1, 2026, to August 31, 2031. Investors responded positively to the longer leadership tenure. With Vishal Mega Mart also…
TVS Supply Chain Solutions Rallies 9% to ₹131 on Strategic MoU and Equity Stake by Japan’s Sankyu
TVS Supply Chain Solutions witnessed strong buying momentum on August 24, 2026. Shares surged nearly 9% to trade around ₹131. Investors reacted positively to the strategic Memorandum of Understanding signed with Japan-based Sankyu Inc. Under this alliance, Sankyu plans to acquire a 0.5% equity stake in TVS Supply Chain Solutions. The deal combines global engineering…
Bitcoin Price Jumps Over 24% in a Week, Breaks $78,000 Amid $2.7 Billion Liquidations
Bitcoin surged more than 24% in the week ending August 24, 2026, pushing above $78,000 as bullish momentum returned to the crypto market. The sharp move also triggered around $2.7 billion in short liquidations, adding further buying pressure. With Bitcoin now nearing the $80,000 level, investors are watching whether fresh demand can keep the rally…
Oriental Hotels Stock Surges Over 5% After Indian Hotels Company Merger Approval
Oriental Hotels shares jumped more than 5% on August 24 after IHCL approved its merger. The Indian Hotels Company and Oriental Hotels boards approved a Scheme of Arrangement. The transaction will combine OHL with its larger associate through an all-stock structure. The scheme remains subject to shareholder, creditor, NCLT, stock exchange, SEBI, and other approvals….