The shares of the second-largest manufacturer of power transmission towers gained up to 3 percent after the company bagged a prestigious work order of Rs 1,142 crore. With a market capitalization of Rs 24,769.91 crore, the shares of KEC International Ltd were trading at Rs 930.50 per share, increasing around 0.06 percent as compared to [...]
From contract manufacturing to innovation-driven growth, Electronics Manufacturing Services (EMS) has huge potential in India. By FY27, the EMS industry in India is expected to reach around $55 billion, reflecting more than a doubling of revenue from previous years. The Indian EMS market is projected to grow at a compound annual growth rate (CAGR) of [...]
Taking a personal loan can be a great way to manage immediate financial needs, whether it's for home renovation, medical emergencies, or any big-ticket purchase. However, repaying the loan in a planned and structured manner is crucial to avoid any financial stress. One of the most helpful tools for managing loan repayments is an EMI [...]
India is the largest global supplier of generic drugs and the Indian pharmaceutical industry is growing rapidly, projected to reach $65 billion by 2024 and $130 billion by 2030. Growth is driven by increasing R&D investments, government initiatives, and rising domestic healthcare demand. Mutual funds are important during market volatility because they offer diversification, reducing [...]
The Shares of this leading infrastructure development company, rose over 3 percent after being declared a qualified bidder for setting up a tariff-based 185 MW/370 MWh standalone battery energy storage system. Share price variations: With a market capitalization of Rs. 8,798.10 crores, HG Infra Engineering Ltd. rose to an intraday high of Rs. 1,378.50 representing [...]
Finance stocks saw a notable rise, driven by stronger-than-expected Q2 results across the sector. The impressive performance highlights the resilience of financial services companies amid evolving market conditions, with several players reporting robust growth in revenue and profits. Two stocks from the financial sector which reported better Q2 results are: Share price variations: With a [...]
Starbucks tumbled 5.5 percent in premarket trading after issuing preliminary fiscal fourth-quarter results that missed analysts' estimates and suspending guidance for its next fiscal year. Share Price Movement On Wednesday, the Pre-market indicative price of Starbucks Corporation featured a 5.5 percent decrease to $91.70 per share, from its previous close of $96.82 each on Tuesday. [...]
During Wednesday’s trading session, the shares of a leading dairy company offering milk and value-added dairy products hit a 5 percent lower circuit to Rs. 592.35 on BSE, despite reporting Q2 FY25 results with net profit growth by nearly 117 percent YoY. With a market cap of Rs. 5,496.7 crores, the shares of Heritage Foods [...]
According to the business standard, the U.S. telecommunications sector is projected to experience moderate growth in FY24, with an estimated 3.2 million net additions in subscriptions. Revenue from public sector services is expected to reach $5.4 billion, reflecting a 6.1% increase year-over-year, driven by advancements in wireless and 5G technologies. With a market capitalization of [...]
Small Cap stock engaged in providing financial services including Non-Banking Finance Services, Insurance, investment banking, corporate advisory, and many more jumped upto 8 percent in the day’s trade upon declaring robust Q2FY25 results with a 336 percent jump in Net Profits. Price Action With a market capitalization of Rs. 1,092 Crores, the shares of Prime [...]