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 [...]
Debt ridden telecom operator, Vodafone Idea’s shares gained 6.87% in the past two days and were trading at ₹ 7.00 apiece at 02:42 PM on Tuesday, ahead of its board meeting to consider the preferential issue of optionally convertible debentures (OCDs) to ATC Telecom Infrastructure Pvt. Ltd. In addition, the board will arrange an Extraordinary [...]
The shares of Maharatna PSU, REC Limited, opened at Rs 116.15 levels and gained as much as 5 percent to trade at Rs 121.15 levels on Tuesday. The scrip gained after the company reported its quarterly results and announced an interim dividend. In Q3FY23, their total income stood at Rs 9,795.24 Crore which declined by [...]
The shares of Mold-Tek Technologies gained 11.78% after the company reported robust results for the October to December quarter of 2022. Its shares were trading at ₹ 174.10 apiece, up 1.02% on the National Stock Exchange, at 01:10 AM on Tuesday. The company’s revenue from operations increased by 71.41% to ₹ 40.71 crores in the [...]
The shares of Trident Limited gained 8.80% on Tuesday’s early trades to reach an intraday high of ₹ 34.60 apiece. Its shares were trading at ₹ 34.15 apiece, up 7.39% at 12:22 PM on the National Stock Exchange (NSE). Trident’s revenue from operations decreased by 17.25% to ₹ 1641.44 crores in the October to December [...]
As we approach the budget meeting that is to be held on February 1st, 2023 Indian investors turn more optimistic about the sector's prospects. The producers are demanding measures such as an import duty hike in technical and formulations which will give a boost to local producers. Another critical requirement is that fertilizer companies be [...]
