Adani group of companies have been ruling the stock market as all the stocks under the group have been rallying. Recently Adani Wilmar beat Hindustan Unilever Ltd to become the largest FMCG company in India in terms of Revenue. Adani Wilmar Ltd reported total revenue from operations of Rs 54,214 Cr for the FY 2021-22 [...]
New Delhi, Mar 24 (PTI) Markets watchdog Sebi on Thursday said that recognised stock exchanges having a commodity derivative segment will be permitted to introduce options on commodity indices. The move is part of efforts to have more products in the commodity derivatives market. "The recognised stock exchanges with a commodity derivative segment, willing to [...]
The AI-multibagger stock has given 350% in the past year. In March 2021, shares of ASM Technologies were trading at Rs 141.55. In the last trading session, the stock closed at 636.65 levels. On the breakout of the Russia-Ukraine war, the stock tumbled and fell to 570 levels. Since then, the stock regained its momentum [...]
Shares of RattanIndia Enterprises Ltd increased by a whopping 885% in one year to ₹ 50.75. Therefore, if an investor would have invested ₹1,00,000 a year ago, his/her investment would be worth ₹9,85,000 today. In the last five days, the share price surged 27% from ₹41.70 to ₹ 50.75. RattanIndia Enterprises Limited is the flagship [...]
The Media multibagger stock has given a return of 216.64% within a span of just one year. In the same period last year, the stock traded at Rs 53.50 per share. The stock seems to be making up for the lost momentum since inception. Over the last 6 months, the stock has earned investors 132.21%. The [...]
The Indian markets on Friday were able to recoup from yesterday's losses and snapped the seven days losing streak by gaining over 2 per cent. This was mainly driven by a recovery in global markets and buying across the sectors including PSU Bank, power, metal and realty. However, the number of stocks hitting the lower [...]
Total electric vehicles sales in India are expected to be around 10 lakh units this year which will be equal to the collective sales of the last 15 years.The traction can be attributed to the sales of electric two-wheelers which jumped over two-fold to a total of 2,33,971 units compared to 1,00,736 units in 2020.The [...]
The less the government interferes in the startup ecosystem, the more potential the latter will have to become successful, Union minister Piyush Goyal said here on Sunday. India may have a billion problems, but it also possesses billions of brilliant entrepreneurs to solve the issues through extremely cost-effective solutions, he added. The Minister of Commerce [...]
Private bank IndusInd Bank on Friday said the RBI has given approval to LIC to up stake in the bank to nearly 10 per cent. The RBI norms mandate that every person or an entity who intends to make an acquisition in private banks of more than 5% stake, has to take prior approval from [...]
The World Bank Group has announced 20-month debarment of Ramky Enviro Engineers Ltd (REEL), a city-based waste management and environmental services company, in connection with a “fraudulent practice” as part of the Capacity Building for Industrial Pollution Management Project in India. Ramky Enviro Engineers Ltd (REEL) is one of Asia’s leading providers of comprehensive environment [...]
