Onmobile Global Ltd. Share Price

Online Gaming Cos File Review Plea in SC vs Retrospective 28% GST Levy; Nazara Tech & Delta Corp Key Focus

The news is about prominent online gaming companies filing or preparing review petitions in the Supreme Court against its May 2026 ruling upholding retrospective 28% GST on full face value of bets/deposits on platforms, not just commissions. The Court held online gaming involves actionable claims in betting/gambling, operators as direct suppliers, validated large show-cause notices, and treated 2023 GST amendments as clarificatory hence retrospective. Positive impacts include keeping legal fight alive which may result in stay/modification of retrospective demands, easing immediate financial pressure on balance sheets and offering hope for settlements or condonation of pre-2023 dues by government/GST Council. This demonstrates sector resilience, could improve investor sentiment, bring tax clarity for future operations, and support potential stock rebounds for Nazara Tech and Delta Corp on positive updates. Negative impacts stem from historically low success rate of review pleas, sustaining risks of huge tax outflows (industry exposure ₹92k Cr to 2L Cr+ with interest/penalties), liquidity crises, enforcement actions, and operational disruptions. It follows sharp stock declines post-main verdict, heightens uncertainty, deters investments, and may force closures/pivots for some firms as highlighted in Moneycontrol, LiveMint, Business Standard coverage. In near future, key impacted Indian stocks include

OnMobile Global Ltd. – SWOT Analysis

OnMobile Global (Weekly Chart Analysis)

OnMobile Global’s week was marked by a volatile but ultimately positive price movement, supported by a technical momentum shift and a rebound in profitability. Nevertheless, the flattening financial trend and margin pressures revealed in the latest quarterly results temper optimism. Investors should remain attentive to upcoming financial disclosures and technical developments, as the stock navigates a complex environment characterised by mixed momentum signals and operational challenges. The company’s ability to address revenue growth and improve operational efficiency will be critical to sustaining any recovery in the near term.

sensex slips for the fourth consecutive session; ₹2.75 lakh crore erased — 10 key takeaways from today’s market

Indian indices extended their pullback from recent highs, logging a fourth straight decline on December 3. Late buying couldn’t offset losses. Sensex slipped 31 points (0.04%) to 85,107, while Nifty fell 46 points (0.18%) to 25,986. Broader indices were weaker: Midcap -0.95%, Smallcap -0.43%. Market capitalisation dropped ₹2.76 lakh crore to ₹469.69 lakh crore. 10 Key Highlights 1. Market Drivers Indices consolidated as the rupee hit a record low amid FII outflows, global uncertainty, and reduced expectations of an RBI rate cut. 2. Top Nifty Losers 37 of 50 stocks ended lower. Max Health (-2.9%) led losses, followed by BEL, Adani Enterprises, Tata Consumer (all -2%+), and Shriram Finance & M&M (≈ -1.8%). 3. Top Nifty Gainers IT and banks outperformed. Wipro (+1.61%) topped gainers, followed by Hindalco, TCS, ICICI Bank, and HDFC Bank (1–1.5% gains). 4. Sector Performance Six sectors closed higher. IT rose 0.76% on a weaker rupee. Nifty Auto was the biggest decliner (-1.20%). 5. Most Active Stocks Vodafone Idea led volumes with 117.61 crore shares. Easy Trip, SPARC, Bank of Maharashtra, and YES Bank saw 10–12 crore shares each. 6. Biggest Gainers (10%+) Hikal (+13.6%), OnMobile (+10.64%), Midwest Ltd (+10%). 7. Biggest Decliners (10%+) Indowind Energy RE (-18.5%), Adani Enterprises RE (-11.95%), Patel Retail (-10.8%). 8. 52-Week High/Low Count 28 stocks hit new highs, while 228 registered fresh 52-week lows, including Awfis, Delta Corp, IREDA, Ola Electric, NDTV, Page Industries, Quess Corp, and SJVN. 9. Market Breadth Weak sentiment persisted with an advance–decline ratio of 1:2 (1052 advances vs. 2074 declines). 10. Nifty Technicals Support lies at 25,800–25,850, while resistance is seen near 26,100–26,150.