The shares of this public-sector enterprise gained up to 3 percent after the company received a work order from Andhra Pradesh Power Generation Corporation, worth Rs 53.5 crore. Rites Ltd has a market capitalization of Rs 14,583.92 crore, the shares were trading at Rs 303.45 per share, increasing around 0.18 percent as compared to the [...]
The shares of the leading shipyards company gained up to 6 percent after the company bagged a prestigious work order from the Naval Physical & Oceanographic Laboratory for Rs 491 crore. Garden Reach Shipbuilders & Engineers Ltd has a market capitalization of Rs 20,998.53 crore, the shares were trading at Rs 1,833.10 per share, increasing [...]
The share price of India's leading commodity derivatives exchange rose by 2 percent on Monday following a remarkable 910 percent YoY increase in net profits. This surge was also driven by strong revenue growth reported in its recent quarterly results. Share Price Movement In Monday’s trading session, Multi Commodity Exchange of India Ltd's (MCX India) [...]
The total assets under management (AUM) for the mutual fund industry reached nearly Rs. 67.1 trillion in September 2024, reflecting a 0.6 percent month-on-month increase. This growth was primarily driven by an increase in equity funds, which rose by Rs. 1,074 billion, balanced funds by Rs. 167 billion, and other ETFs by Rs. 159 billion. [...]
The shares of the solar advisory and execution services provider gained 2.3 percent after the company announced a partnership to develop India’s first and largest green steel production facility. With a market capitalization of Rs 3,150.8 crore, the shares of Gensol Engineering Ltd were trading at Rs 829.00 per share, increasing around 0.55 percent as [...]
Are you trying to find the best way to invest your money? Many great options are available in India like Fixed Deposits (FDs) and gold to Unit-Linked Insurance Plans (ULIPs) and mutual funds. This guide will help you choose the right investment based on how much risk you can handle and your financial goals. Here [...]
The auto components and equipment industry in India is a critical sector, contributing 2.3% to the GDP and employing 1.5 million people. With a projected growth rate of 20-23% annually, it aims to reach a market size of $200 billion by 2026, driven by rising domestic demand and exports. With a market capitalization of Rs [...]
Investors anxiously anticipate the second-quarter earnings figures, which are due to be revealed next week. Analysts analyze organizations' financial performance to predict market reactions based on sales, profit, and strategic outlooks. The findings will certainly impact market sentiment and investment decisions in the future. Here are the 5 companies that are set to publish quarterly [...]
India has achieved a major milestone in its renewable energy efforts, with the country’s total renewable energy capacity crossing the 200 GW (gigawatt) mark as of October 2024. The Central Electricity Authority reported that the current renewable energy generation capacity is now at 201.45 GW. When including the 8,180 MW (megawatts) of nuclear capacity, the [...]
The total assets under management (AUM) for the mutual fund industry reached nearly Rs. 67.1 trillion in September 2024, reflecting a 0.6 percent month-on-month increase. This growth was primarily driven by an increase in equity funds, which rose by Rs. 1,074 billion, balanced funds by Rs. 167 billion, and other ETFs by Rs. 159 billion. [...]