Bitcoin (BTCUSD) surged at the beginning of the year due to a surge in demand from newly introduced spot bitcoin exchange-traded funds (ETFs). Shortly thereafter, a bitcoin halving reduced the rate of new bitcoin creation, leading to a demand-supply mismatch that caused prices to rise even more. The Bitcoin sensation encourages investors to look for [...]
India's telecom sector is the second largest globally, boasting over 1.19 billion subscribers as of September 2024. With a staggering teledensity of 85.69%, it supports a robust digital economy and contributes approximately ₹3.36 trillion (US$40 billion) in revenue for the fiscal year 2024. With a market capitalization of Rs 55,620.45 crore, the shares of Vodafone [...]
This microcap Drone company, which is engaged in manufacturing and provides training of Drones has hit 5 percent upper circuit after the company received an order from Survey of India for Drone Survey. Price Movement In Tuesday’s trading session, Drone Destination Limited stock hit a 5 percent upper circuit to a price of Rs.207.50 per [...]
The shares of the pharmaceutical company gained up to 6 percent after the company received Good Management Practice (GMD) certification from the Ministry of Health of Moldova. With a market capitalization of Rs 447.73 crore, the shares of Venus Remedies Limited were trading at Rs 334.95 per share, increasing around 4.25 percent as compared to [...]
Ola Electric Mobility Ltd, a subsidiary of the Ola Group, is India’s largest electric vehicle (EV) manufacturer, revolutionizing the country's mobility sector. Founded with the vision to accelerate the adoption of electric vehicles, Ola Electric designs, manufactures, and sells electric scooters, focusing on sustainability and innovative technology. The company aims to reduce carbon emissions and [...]
The Indian government has imposed a Minimum Import Price (MIP) of Rs. 20,108 per tonne on Disodium Carbonate which is also known as Soda Ash until June 30, 2025. The Directorate General of Foreign Trade (DGFT) issued a notification outlining this policy change. The MIP would regulate imports of soda ash to protect domestic industries [...]
According to business standards, India's IT sector is a powerhouse, projected to reach $138.9 billion in spending by 2024, growing at 13.2% year-on-year. The industry contributes approximately 7.4% to India's GDP and employs around 5.4 million people, making it a vital component of the nation's economic landscape. On December 31, information technology equities fell under [...]
This Microcap stock which is under Rs. 50 which specializes in the business of involved EPC Power and Solar projects and other activities hit a 10 percent upper circuit after the company received an order worth Rs. 55.43 crore for 132/33 kV substation project. Price Action With a market capitalization of Rs. 110.68 Crores, the [...]
The chemical sector in India is a significant contributor to the country's industrial growth, spanning a wide range of industries, including agriculture, pharmaceuticals, textiles, and manufacturing. With increasing demand for specialty chemicals, agrochemicals, and industrial chemicals, the sector has substantial growth potential. India's growing industrial base, infrastructure development, and rising export opportunities are driving the [...]
In Tuesday's trading session, shares of one of the leading agricultural stocks, specializing in the production and distribution of a wide range of edible oils, oilseeds, and other agricultural products, jumped by upto 3 percent following the acquisition of a fixed asset in the form of an edible oil refinery at Mangalore from Sri Anagha [...]
