Latest Stock Market News

Kraft Heinz will split into two companies, one focused on groceries and the other on sauces and spreads, it said on Tuesday, dismantling a packaged goods giant that never achieved the growth expected when it was formed a decade ago.

Activist investor Elliott Investment Management is taking a $4 billion stake in PepsiCo, saying there s an opportunity to revive the snack and drinks company.

IndiaBonds, a Sebi-registered broker and licensed online bond platform provider, on Tuesday said it has entered into a strategic alliance with Upstox to enable retail investors to avail a wide range of bond investments on the brokerage platform.

The initial share sale of integrated EPC player Sugs Lloyd received 3.23 times subscription on the final day of the offer on Tuesday amid encouraging participation from institutional investors.

JSW Cement Ltd reported a multi-fold increase in its profit before exceptional items and tax of Rs 164.74 crore for the first quarter ended June 2025.

Shares of CG Power and Industrial Solutions rose nearly 4% on Tuesday, extending a three-day winning streak and 12% gain over the past sessions. The rally follows the launch of CG Semi, India’s first end-to-end OSAT semiconductor facility in Sanand, backed by a Rs 7,600 crore investment.

Promoter pledges rose in key NSE midcap stocks during June 2025, with increases seen in Marico, Ajanta Pharma, Jubilant FoodWorks, Aurobindo Pharma, and JSW Energy, raising investor caution over potential financial stress and risk signals.

Shares of Zinka Logistics Solutions, parent of trucking platform BlackBuck, dropped 3.5% after Goldman Sachs offloaded a 2.74% stake worth Rs 295 crore via a bulk deal. Nomura India bought a 2.3% stake in return. Despite the sell-off, the stock has gained over 34% YTD, reflecting investor interest in the tech-led logistics player’s strong growth trajectory.

Reliance Power and Reliance Infrastructure shares surged to 5% on Tuesday, continuing a two-day rally. Reliance Power shares have seen a sharp rally buoyed by positive developments in its renewable energy business.

The latest auto sales data paints a mixed picture for the industry. While two-wheelers and tractors continued to deliver strong performances, passenger vehicle sales remained subdued, leaving analysts watching closely for potential demand revival on the back of an anticipated GST cut.