Shriram Finance is one of the largest retail NBFCs offering credit solutions for commercial vehicles, two-wheeler loans, car loans, home loans, gold loans, personal and small business loans. The company is a part of the 48-year-old Shriram group. In November 2022, Shriram Group’s entities – Shriram Transport Finance Company Limited, Shriram City Union Finance Limited, [...]
Larsen & Toubro Ltd, (L&T) remained in focus on Thursday after the company received an order worth Rs 2,585 crore from the Ministry of Defence for the supply of 41 sets of modular bridges for the Corps of Engineers of the Indian Army. “Each set of the modular bridges shall consist of seven carrier vehicles [...]
Trent Ltd, a Tata Group company, which owns Westside and Zudio posted stellar results for the October to December quarter of 2022, after which its share price appreciated to the tune of 7.59 percent to reach an intraday high of ₹ 1329.90 apiece. The company’s shares were trading at ₹ 1315.00 apiece at 11:44 AM [...]
Atul Auto Limited saw its share jump by more than 9 percent in the early hours on Thursday to reach a 52-week high of Rs 376.80. In the span of a month, the stock has gained more than 34 percent. In Q3FY23, the company reported a total revenue of Rs 133.51 Crore which was an [...]
The shares of Cummins India Ltd opened 4 percent higher at Rs 1,540 levels on Thursday as against its previous close of Rs 1,474. It further gained and reached a new 52-week high of Rs 1,618 in the early hours. The scrip gained after the company reported positive Q3 numbers. In Q3FY23, the company reported [...]
The shares of KBS India Ltd appreciated to the tune of 5% to hit the upper circuit on Thursday’s early trades. Its shares were locked at ₹ 95.90 apiece at 11:00 AM on the National Stock Exchange (NSE) KBS India is a micro-cap company with a market capitalization of ₹ 98.93 crores in the financial [...]
Even though investing directly in stocks remains a popular choice among investors, Mutual Funds are gaining traction in the Indian stock market. A fund house creates a mutual fund that consists of multiple asset classes. The funds help the investor achieve diversity with a consistent return over a period of time. These fund houses pick [...]
Pipe manufacturer Astral’s board of directors in their meeting held on Tuesday, February 07, 2023, considered and approved the issue of bonus shares in the proportion of 1:3, or 1 equity share for every three shares held as of the record date. The Company has fixed Tuesday, March 14, 2023, as the Record Date, for [...]
Adani Ports and Special Economic Zone’s (APSEZ) share price zoomed 8.91% on Wednesday’s early trades to reach an intraday high of ₹ 602.45 apiece on the National Stock Exchange (NSE). This happened after the company said that it is considering a loan repayment of ₹ 5,000 crores. The company’s shares quoted at ₹ 598.15 apiece [...]
India’s largest two-wheeler maker, Hero MotoCorp Limited, saw its shares decline by 2 percent till the afternoon on Wednesday to trade at Rs 2,605 levels. The scrip fell after the company reported muted sales in Q3. On a consolidated basis, Hero MotoCorp Limited reported a total revenue of Rs 8,118.33 which grew sideways on a [...]
