Shares of the shipping giant fell after receiving a rare sell rating, as concerns grew over increasing competition from Amazon and FedEx. Analysts pointed to mounting pressure from Amazon’s evolving logistics capabilities and FedEx’s non-unionized workforce, which could challenge UPS’s market position. Price Movement The share price of United Parcel Service, Inc.(UPS), listed in Nasdaq, [...]
According to the Semiconductor Association, the U.S. semiconductor industry is pivotal to the global economy, generating approximately $77.4 billion in revenue in 2024, with a projected growth rate of 10.4% annually. In 2023, over 1 trillion semiconductors were sold globally, underscoring their critical role in technology and innovation. The shares of NVIDIA were closed at [...]
During Tuesday’s trading session, the shares of this small-cap company surged by 4 percent to hit an intraday high at Rs. 5,779.9 on BSE, after the company received an order worth Rs. 103 crores from ArcelorMittal Calvert LLC, an American-based company. With a market cap of Rs. 2,623.8 crores, the shares of John Cockerill India [...]
Navratna stock which is one of the largest realty CPSEs in India with operations in project management consultancy and development in focus upon receiving new work orders worth ~Rs. 1364 Crores. Price Action With a market capitalization of Rs. 26,109 Crores, the shares of NBCC (India) Limited closed at Rs. 96.70 per equity share, down [...]
Shares of a chemical-based multi-business entity engaged in the manufacturing of industrial and specialty intermediates on Tuesday surged nearly 1 percent to Rs. 2,299.95 on BSE, after the Board of the company approved capex plans of more than Rs. 1,500 crores. With a market cap of Rs. 65,213.5 crores, the shares of SRF Limited closed [...]
Defence stock engaged in the construction, repair, and refurbishment of warships, Submarines and many more in focus upon considering and approving a stock split of 1:2 and an interim dividend of Rs. 23.19 per equity share. Price Action With a market capitalization of Rs. 83,902 Crores, the shares of Mazagon Dock Shipbuilders Limited closed at [...]
During Tuesday’s trading session, the shares of India’s leading Plastics product manufacturing company slumped nearly 10.4 percent to Rs. 4,458.45 on BSE, after the company reported Q2 FY25 financial results with a decline in net profit by 24.3 percent QoQ and 15 percent YoY. With a market cap of Rs. 56,657.2 crores, at 03:26 p.m., [...]
Shanghai Electric Group Company Limited is a prominent Chinese multinational corporation based in Shanghai, specialising in power generation and electrical equipment manufacturing. What happened Shanghai Electric Group plans to acquire a 50 percent stake in Shanghai Fanuc International Trading, an industrial robot manufacturer and joint venture with Japanese robot company Fanuc, for 3.08 billion yuan, [...]
Shares of India's leading digital ecosystem for consumers as well as merchants slumped nearly 7.7 percent on BSE to Rs. 669.65 on Tuesday, despite reporting decent Q2 FY25 financial results with a net profit of Rs. 930 crores, due to one-time exceptional gains. With a market cap of Rs. 44,412 crores, at 02:00 p.m., the [...]
This major small finance bank's shares fell nearly 11% following a 21% year-on-year decline in net profit and a rise in non-performing assets (NPA) in Q2 FY25. Share price variations: With a market capitalization of Rs. 4,852.99 crores, Jana Small Finance Bank Ltd. fell to an intraday low of Rs. 454.75 representing a 10.85 percent [...]
