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 [...]
Hotel stocks rallied on Wednesday after the honourable Finance Minister Nirmala Sitharaman announced various initiatives to boost the tourism industry in India. As of 15:00 hours IST, the Tata-owned Indian Hotels Company was up 7.81% to Rs 324.50. Similarly, EIH Ltd. and Lemon Tree Hotels were trading higher with 7.45% and 5.75% intra-day gains respectively. [...]
The green energy sector remained a priority in the Budget 2023 as the country intends to attain net-zero carbon emissions by 2070 and a reduction in the carbon intensity of the economy of the country of less than 45% by 2030. The government is focused on a ‘green growth’ strategy that prioritizes the adoption of [...]
Finance Minister Nirmala Sitharaman has laid down the much-awaited Budget 2023. During her speech, the minister announced a few major reforms for the development of key sectors in India. Out of them, the Agriculture sector remained in focus. The agriculture sector in India still remains a primary source of livelihood for about 58% of the [...]
The finance minister Nirmala Sitharaman started the Budget 2023 session in the parliament today by saying, “This is the first Budget of Amrit Kaal”. Here are the top ten points from her budget speech: Agriculture Growth: To boost agricultural growth in the nation, the agricultural credit target limit has been increased to Rs 20 lakh [...]
During the budget of 2023-23, the Finance Minister has announced a steep increase on the National calamity cess on cigarettes and tobacco causing the shares of ITC, Godfrey Phillips, and VST Industries of decline as of Wednesday The Government has increased the National calamity cess on cigarettes to 16%. The last time the government had [...]
The shares of Gujarat Fluorochemicals started trading marginally lower at Rs 2,769 levels. In a month the stock has shed 12 percent in a month. However, in a two years time frame, the stock has delivered a multibagger return of 387 percent. Gujarat Fluorochemicals Limited (GFL) is an Indian Chemicals Company that holds expertise in [...]
Depending on your climate and location, there are numerous varieties of flowers that actuallybloom all year. However, picking the right one for your garden can be difficult! Our team atMerrJep.al prepared a list of perennials and annuals that will continue to bloom throughout theyear in your garden in this article. It can be difficult to [...]
The shares of Deep Diamond India Ltd were locked in an upper circuit on Tuesday as it gained 4.93% from the previous close of ₹ 20.30 to settle at ₹ 21.30 apiece. Deep Diamond India is engaged in the business of gold and diamond studded jewellery and operates in the consumer discretionary industry. Its shares [...]
It is the last day of January and for many, it's ‘Salary Day’. With a paycheck in hand, existing investors look to diversify their portfolios while new investors enter the market to benefit from the rapid growth and exponential returns on their investments. Out of the multiple categories of stocks, Blue-chip stocks are considered a [...]