Central Depository Services Limited (CDSL) is a key institution in India's capital markets, enabling the electronic holding and trading of securities. Founded in 1999, CDSL has become integral to market infrastructure, offering services that boost operational security and efficiency. Its revenue streams include annual issuer fees, transaction charges, and a variety of value-added services for [...]
Despite the broader market correction, with the Nifty Midcap index falling from 13,407 to 12,022 and eventually recovering to 12,569, certain stocks have demonstrated remarkable resilience. These stocks, are not only trading close to their 52-week highs but are also maintaining positions above their 5-day simple moving averages, indicating strong underlying bullish momentum even in [...]
The Cabinet Committee on Economic Affairs has approved three projects of the Ministry of Railways with a total cost of approximately Rs. 7,927 Crores, covering seven districts in Maharashtra, Madhya Pradesh and Uttar Pradesh, therby increasing the existing network of Indian Railways by about 639 Kms. The Ministry of Railways stated “The proposed multi-tracking projects [...]
Founded in 1956, the company is an automotive manufacturing leader delivering high-quality products globally, with a strong focus on detail and client relationships. The company offers a comprehensive product portfolio through its joint ventures, including sealings, NVH solutions like heat shields, plastic components, forged and machine components, chassis, suspension, BIW components, anti-vibration components, and hoses. [...]
Solar Energy stock which is India’s largest solar module manufacturer with a wide range of portfolio across various renewable energy segments in focus upon receiving work order to supply 600 Mwp of Solar PV Modules. Price Action With a market capitalization of Rs. 72,736 Crores, the shares of Waaree Energies Limited were trading at Rs. [...]
During Tuesday’s trading session, the shares of a company engaged in providing highway operations & maintenance (O&M) services surged nearly 3 percent to Rs. 195.8 on BSE, after the company announced securing an order worth Rs. 2.45 crores for pavement rectification works. With a market capitalisation of Rs. 5,524 crores, at 02:19 p.m., the shares [...]
During Tuesday’s trading session, the shares of a global leader in glass-lined equipment surged nearly 3 percent to Rs. 1,247.5 on BSE, after a foreign portfolio investor (FPI) bought shares worth a total of around Rs. 167.4 crores in the company via a bulk deal. With a market capitalisation of Rs. 5,524 crores, at 02:19 [...]
The telecom industry in India is one of the largest and fastest-growing sectors, driven by rapid technological advancements and a growing demand for mobile data and digital services. The industry is dominated by four major players: Reliance Jio, Bharti Airtel, Vodafone Idea, and BSNL/MTNL. These companies compete fiercely to offer affordable services, cutting-edge technology, and [...]
Shares of a leading IT provider specializing in innovative cloud and data management solutions for the enterprises sector in India surged nearly 9 percent on BSE to Rs. 431 on Tuesday, despite a foreign institutional investor (FII) sold shares worth a total of around Rs. 12.7 crores in the company via a bulk deal. With [...]
Microcap stock engaged in offering end-to-end gas distribution solutions, including management consultancy, project management, and many more hit a 2 percent upper circuit in the day’s trade upon executing a master service agreement with HPCL. Price Action With a market capitalization of Rs. 240 Crores, the shares of Positron Energy Limited hit a 2 percent [...]
