Societe Generale, a France-based financial services company bought more than 18 lakh equity shares of IT giant Wipro in a block deal on Tuesday. It bought another 48 lakh shares almost a week ago, on November 22, 2022. This takes the count to more than 66 lakh shares. According to block deals data available on [...]
The domestic indices BSE Sensex and NSE Nifty opened mildly in the green. The NSE Nifty gained 0.25% to trade at 18,625, and the BSE Sensex was up 177 points at 62,743. As the markets continue to rise, here are 3 fundamentally strong under Rs 500 for an upside of up to 43% : Indraprastha [...]
The shares of Britannia Industries Limited opened in green on Wednesday morning and moved marginally to reach its new 52-week high of Rs 4,337.30 in the early hours. In the past five days, the stock has gained approximately 3.6 percent. Recently, the company announced that it has entered into a joint venture agreement with French [...]
The shares of Housing and Urban Development Corporation Limited opened higher on Wednesday at Rs 49.15. It rallied by more than 12 per cent to reach its new 52-week high of Rs 55.20 in the early hours. In the past month, the stock has gained approximately 49 per cent. The stock majorly rallied after the [...]
Credit card spending touched an all-time high of ₹ 1.29 trillion in October, aided by festival season purchases. According to the latest data released by the Reserve Bank of India (RBI), this is 5.5 per cent higher than the previous month’s figure of ₹ 1.22 trillion. The RBI had mandated card issuers to deactivate credit [...]
The Life Insurance Corporation of India (LIC) has a stake in various companies. Many investors keep a track of the changes that the insurance behemoth does to its portfolio. LIC is the largest Life Insurer in India and has been providing life insurance for more than 65 years. Its shares debuted on the exchanges on [...]
The shares of Filatex Fashions Ltd were trading higher by more than 3 per cent at Rs 24.50 levels on Tuesday afternoon. The shares rallied after the company announced that it is planning a capacity expansion worth Rs 300 Crore. As per the plan, the company will be adding another 500 machines to meet the [...]
Private sector lender Yes Bank has inked a share purchase agreement with JC Flowers Asset Reconstruction Company (ARC). The bank on November 28, 2022, informed the bourses that it has acquired an initial stake of 9.9% and subsequently it plans to acquire an additional 10% stake. JC Flowers ARC is an asset reconstruction company under [...]
Mid-cap companies are known to be in a growth phase, which means they have the potential to provide exceptional returns to investors. The risk in these types of stocks is lower and the liquidity is higher compared to small-cap stocks. Here are 4 Mid-cap stocks that have more than doubled investors' money in just a [...]
Union Transport Minister, Nitin Gadkari, on Friday, said that all government-owned vehicles that have completed 15 years will be scrapped from April 1, 2023. A draft notification regarding the matter has been issued. "Yesterday, I signed a file under the guidance of Prime Minister Narendra Modi that all the vehicles of the Indian government which [...]
