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 [...]
Given growing prices, changing lifestyles, and an increase in critical disease cases, knowing what term insurance is should be the first step toward financial preparation for everyone. You may wonder how this helps. Finding the best term life insurance is critical since it will provide financial security in the event of your untimely death. You [...]
A company generally decides to split its shares mainly because of two reasons. The first is to improve the trading liquidity in the market and the second reason is to make the stock seem more affordable to investors. The number of shares outstanding increases and the price per share decreases, keeping the total market capitalization [...]
Supreme Petrochem Ltd informed the exchanges that its board has fixed Friday, January 6th, 2023 as the record date for the purpose of sub-division/ split of its shares of the face value of ₹ 4 to ₹ 2 per share paid up. Supreme Petrochem Ltd (SPL) is a leading petrochemical company engaged in the business [...]
The shares of KIOCL Ltd. rallied 12.07% in the early hours of trading on Wednesday. The stock of the government-owned mining company touched its high of Rs 232.90 per share. Formerly known as Kudremukh Iron Ore Company Ltd., KIOCL is a central public sector undertaking under the Ministry of Steel, Government of India. The rise [...]
KPI Green Energy announced on Monday that it has received new orders to develop solar power projects aggregating to 24.90 Megawatt (MW) capacity. As a result, its shares were trading in the green at ₹ 914.70 apiece at 01:13 PM on Tuesday. It is a small-cap company with a market capitalization of ₹ 1624 crores. [...]
The shares of Bandhan Bank gained 3.68% on Tuesday to reach an intraday high of ₹ 255.85 apiece on the Bombay Stock Exchange (BSE). This happened after the company informed the bourses that it has received the first tranche of money under the government’s Credit Guarantee Fund for Micro Units (CGFMU) amounting to Rs 916.61 [...]
The shares of Punjab and Sind bank recently witnessed a spectacular move. They hit the upper circuit as they gained 9.96%. The PSU Bank’s shares were locked at ₹ 40.85 apiece at 10:45 AM on Tuesday and reached a fresh 52-week high on the National Stock Exchange (NSE). The bank’s share price increased by 42.09% [...]
The Indian equity benchmarks BSE Sensex and NSE Nifty50 opened in the green on Tuesday amid largely positive cues from global markets. Till the afternoon, the Nifty50 was trading 91 points or 0.49% higher at 18,588 levels while the BSE Sensex gained 337 points or 0.5% to trade at 62,477 levels. Amid growing markets, here [...]
