The shares of Britannia Industries Limited shined on Thursday’s session after it zoomed by more than 4 percent to reach a 52-week high of Rs 4,595 in the early hours. It gained after the FMCG giant posted robust results. In Q3FY23, Britannia reported a total revenue of Rs 4,247.55 Crore, an increase of 17 percent [...]
The monthly vehicle sales of Ashok Leyland Ltd. rose by 37% year-on-year (y-o-y) in January 2023 to 16,198 units from 12,709 units in January 2022. The company provided its monthly business update to the stock exchanges yesterday. Ashok Leyland is the flagship company of the Hinduja Group. It is a leading Indian manufacturer of commercial [...]
After a volatile session on Wednesday on account of the Budget announcement, the Indian benchmark indices opened lower on Thursday. The NSE Nifty 50 Nifty fell 162.95 points or 0.92% to open at 17,517.10 levels and BSE Sensex slipped 408.92 points or 0.68% to 59,459.87. Despite weak market sentiments, here are 2 Jindal group stocks [...]
The shares of cigarettes maker ITC Ltd. surged 6.45% to hit their all-time high of Rs 384.70 during Thursday's first half of the trading session. The stock of Kolkata-based tobacco manufacturer has generated an impressive return of over 65% in the last twelve months. This is in sharp contrast to the previous trading session when [...]
Bajaj is one of India's most well-known financial institutions and has made a name for itself in the financial services industry over the years. Bajaj credit card is known for its innovative financial products and excellent customer service. Bajaj provides its customers with a wide range of financial products, including Home Loans, Personal Loans, Business [...]
Insurance stocks nose-dived after the budget session on Wednesday on the back of demand concerns. The shares of HDFC Life Insurance closed 10.79% lower on the bourses. Similarly, the shares of SBI Life Insurance Co. dropped by 8.61% to close at Rs 1,114.50. The stock of the nation’s largest life insurer Life Insurance Corp. of [...]
Amid the broad news around Union Budget 2023, the shares of Adani Group firms extended their blood bath falling up to 30% on Wednesday. This is despite the fact that Adani Enterprises cleared the hard test of FPO by receiving a 100% subscription. As of 15:00 IST, the flagship Adani Enterprises was down a whopping [...]
The shares of Shree Ganesh Remedies Ltd ended the volatile session on Tuesday and ended marginally higher at Rs 254.50 levels. The shares remained in focus after the company announced its Q3 results and corporate action. The company reported a 6 percent jump in its total revenue which stood at Rs 23.39 Crore in Q3FY23, [...]
NIFTY Bank index closed 0.35% down or around 142 points to 40,513 points on Wednesday. The finance minister Nirmala Sitharaman presented the Union Budget 2023 in the parliament today. This comes as a surprise because the banking majors had surged during the early hours of trading. In early morning trades, the benchmark bank index jumped [...]
The shares of Apar Industries Limited opened at Rs 1,770 levels and zoomed by 13 percent to reach a new 52-week high of Rs 1,999.90 in the early hours of the Budget day. In the past three sessions, the stock has gained more than 35 percent. In Q3FY23, the company reported consolidated total revenue from [...]
