Crude oil prices and diesel marketing margins witnessed sharp corrections to ₹ 3.5 per litre to ₹ 13 per litre in H1FY23, as international diesel prices corrected to $103/bbl after reaching a high of $170/bbl in Mar 2022. As a result, analysts at brokerage firm Prabhudas Lilladher upgraded the shares of three oil marketing companies [...]
The shares of Kamat Hotels (India) Ltd., a chain of luxury hotels and hospitality were trading at Rs 109.20 per share as of 13:20 IST. Kamat Hotels is a small-cap company with a market capitalization of Rs 257 crore. Kamat Hotels has been a multi-bagger stock this year. Its shares have generated multi-bagger returns of [...]
The shares of Gulshan Polyols Limited opened 9 per cent higher at Rs 267.70 as against its previous close of Rs 245.75. This came after the company won an order worth Rs 137 Crore to supply 22,209.2 Kilolitres of Ethanol from its Boregaon Plant to multiple Oil Marketing Companies (OMCs) including Bharat Petroleum Corporation Ltd, [...]
Prabha Narasimhan, former senior executive director at HUL took over as Colgate-Palmolive’s early September this year. She disclosed her plans for the growth of the FMCG giant in the recent annual analysts' meet. Under her stewardship, Colgate-Palmolive plans to grow its oral care business with a focus on premiumization and likewise focus on the non-oral [...]
The shares of General Insurance Corporation of India Ltd. (GIC Re) rallied 10% on the bourses today to hit their day’s high of Rs 175.90. The stock has gone up over 20% in the previous two trading sessions. The six-month performance has been impressive as well. It has generated an attractive return of 57% for [...]
General Atlantic Singapore Fund PTE sold a stake in IIFL Wealth Management. However, its shares were in the green. They were trading at ₹ 1826.65 apiece at 11:47 AM on Wednesday. According to the bulk deals data available on the National Stock Exchange (NSE), General Atlantic Singapore Fund PTE sold 31,15,981 shares of the company [...]
Project Management is a process of leading the work of a team to achieve a goal within agiven time bound. Software in project management is committed to the planning, scheduling,resource allocation, execution, tracking, and delivery of software and web projects. Jira is a piece of software that teams may use to monitor issues, manage projects, [...]
One97 Communications, the parent company of payments solutions firm Paytm, on December 12 approved a share buyback plan of ₹ 850 crores, priced at ₹ 810 per share. Its shares were trading at ₹ 530 levels on Wednesday. “The approval of the Board be and is hereby granted for the buy-back by the Company of [...]
Tata Group companies are known for their consistent returns to their shareholders. But it has been almost 2 decades since the last Tata company IPO hit. That was in 2004 when Tata Consultancy Services or TCS, the crown jewel of the salt to the software industry. Investors can rejoice, as the Tata Group is planning [...]
Indian public sector banks have been in highlight recently for their multi-bagger gains to their shareholders. All-time high loan disbursements, improved asset quality and expansion of net interest margins prompted retail and foreign institutional investors likewise to pile government banks in their portfolios. One such bank that has delivered impressive gains is the Bank of [...]
