Economists explain that currency devaluation makes a country’s exports more competitive in the global market by reducing their prices in foreign currencies. This incentivizes international buyers to purchase more goods and services, boosting export volumes. For instance, if a country's currency weakens against the US dollar, its products become cheaper for buyers in dollar-denominated markets. [...]
In Thursday’s trading session, the shares of one of the leading IT solutions specialising in providing innovative and cutting-edge technology solutions almost jumped upto 9 percent upon announcement of approving stock split of the existing equity shares of Rs. 10. Price action With a market capitalization of 1,149.2 Crores on Thursday, the shares of Ksolves [...]
The shares of the leading manufacturer of Drivetrain Parts gained up to 19 percent after the company received a significant work order worth Rs 470 crore. With a market capitalization of Rs 300.32 crore, the shares of Emmforce Autotech Ltd were trading at Rs 146.50 per share, increasing around 3 percent as compared to the [...]
This Tata Group stock deals in a wide range of communication, cloud, mobility, collaboration, network, connected solutions, and data center services.was in focus after the company launched Kaleyra AI to define customer interactions. Price Action With a market capitalization of Rs.52,313.18 Crores, the shares of Tata Communications Limited were up by 1.17 percent in the [...]
IT Stock engaged in providing a comprehensive suite of distributed IT solutions, encompassing consulting, enterprise computing, and many more jumped up to 8 percent in the day’s trade upon receiving work orders worth Rs. 40 Crores. Price Action With a market capitalization of Rs. 236 Crores, the shares of ROX Hi-Tech Limited were trading at [...]
The real estate, construction planning, design, and engineering sectors are experiencing robust growth in India and Asia, driven by urbanization, infrastructure development, and housing demand. India’s real estate sector is projected to reach $1 trillion by 2030, with smart cities, affordable housing, and urban renewal projects fueling demand. Asia, as a whole, is benefiting from [...]
India is the global hub for cutting and polishing diamonds, processing nearly 90% of the world’s rough diamonds. Cities like Surat lead this sector, employing millions and driving significant export revenues. The emergence of lab-grown diamonds (LGDs) has opened new growth avenues, offering eco-friendly, cost-effective alternatives to natural diamonds. This shift has been supported by [...]
Penny Stock engaged in the business of Mechanical & Civil Work such as piling, excavation, road preparation, and many more hit a 5 percent upper circuit in the day’s trade upon receiving new work order worth Rs. 16.78 Crores from Nayara Energy. Price Action With a market capitalization of Rs. 60.88 Crores, the shares of [...]
The shares of the industrial equipment manufacturer gained up to 7 percent after the company bagged a prestigious work order from Vedanta Limited worth Rs 1,486.62 MN. With a market capitalization of Rs 578.23 crore, the shares of United Drilling Tools Ltd were trading at Rs 283.25 per share, increasing around 3.04 percent as compared [...]
The logistics industry in India is poised for significant growth, projected to reach approximately $484 billion by 2029, with a compound annual growth rate of 8.8 percent from 2024. Key drivers include the expansion of e-commerce, government initiatives to improve infrastructure, and technological advancements in operations. Overall, the sector is evolving towards sustainability and digital [...]
