In Tuesday’s trading session, the shares of one of the leading Pharma stocks specialised in contract development and manufacturing (CDMO) services jumps upto 5 percent following the agreement worth ~Rs. 1,760 with a leading global pharma company. Price action With a market capitalization of 9,411.37 Crores on Tuesday, the shares of Akums Drugs & Pharmaceuticals [...]
The Relative Strength Index (RSI) is a technical indicator used in financial markets to measure the speed and change of price movements. It ranges from 0 to 100 and is typically used to assess whether a stock or asset is overbought or oversold. An RSI value above 70 indicates that the asset might be overbought, [...]
The central government plans to offer up to 30 percent subsidies for manufacturing electric ambulances under the PM E-DRIVE scheme to promote local production. The scheme, which has an Rs. 500 crore allocation aims to incentivize early-stage developers. Subsidies will depend on battery capacity and will apply to patient transport, and basic, and advanced life [...]
In Tuesday’s trading session, the shares of one of the leading Textile stocks specialised in the production and supply of a wide range of fabrics jumps upto 3 percent upon receiving new work order worth ~Rs. 5 crores from vendors associated with Arvind Lifestyle Brands Limited and Myntra Designs Private Limited. Price action With a [...]
The shares of this pharmaceutical company gained up to 1.5 percent after the company obtained product approval in South Africa. With a market capitalization of Rs 923.48 crore, the shares of Kwality Pharmaceuticals Ltd were trading at Rs 890.00 per share, increasing around 1.16 percent as compared to the previous closing price of Rs 879.80 [...]
Waste Management stock engaged in providing Waste Management Solutions, Municipal Solid Waste Management services, and many more hits 2 percent upper circuit in the day’s trade upon receiving a new work order worth Rs. 70.80 Lakhs to provide waste management services to Dhandhuka Nagarpalika. Price Action With a market capitalization of Rs. 278 Crores, the [...]
Staking is one of the ways that cryptocurrency investors can easily make money, regardless of whether they are in the market or not. When it comes to staking, instead of the traditional mining where coins are supposed to be extracted, investors are required to lock up their cryptocurrencies in wallets to aid in block validation [...]
The shares of the IT-enabled service provider gained up to 7 percent after the company bagged significant contracts to build Power BI dashboards for US-based clients. With a market capitalization of Rs 373.02 crore, the shares of Dev Information Technology Ltd were trading at Rs 165.90 per share, increasing around 4.44 percent as compared to [...]
This Microcap Electric stock which deals in manufacturing a wide range of electric panels was in focus after the company received an order from Technovative Engineers worth Rs. 0.51 crore. Price Action With a market capitalization of Rs. 602.17 Crores, the shares of Shivalic Power Control Limited were down by 0.36 percent in the day’s [...]
E-fashion, especially in the clothing segment, has experienced tremendous growth in India, driven by platforms like Myntra, Amazon, and offline stores like Zudio. Myntra and Amazon dominate the online retail space, offering a wide range of fashion options across various price points. Myntra, with its focus on premium and trendy brands, has solidified its position, [...]