The shares of the leading power transmission company gained up to 9 percent after the company came into subscription and shareholders agreement for the supply of power from renewable energy. With a market capitalization of Rs 93,999.03 crore, the shares of Torrent Power Ltd were trading at Rs 1,955.80 per share, increasing around 8 percent [...]
Managing SIPs and investments together is challenging, especially for novice investors who are not well-versed in the fundamentals and complex calculations of the financial markets. SIP calculators are a more convenient option for traders to ease computing tasks. Incorporating SIP and BMI calculators to estimate the returns of your assets will help you escape complex [...]
The shares of the railway equipment manufacturer gained up to 2.22 percent after the company bagged a prestigious order from ‘Modern Coach Factory worth Rs 6.91 crore. Oriental Rail Infrastructure Ltd has a market capitalization of Rs 1,689.82 crore, the shares were trading at Rs 274.95 per share, increasing around 1.10 percent as compared to [...]
Using an EMI calculator before taking a loan is a great way to understand how your future expenses can go. Whether it is a short one or a lengthy one, a loan can still affect you financially and shape your lifestyle. Those seeking personal loans should always put in their information in an EMI calculator [...]
Public Sector Undertakings (PSUs) in India are government-owned corporations that play a crucial role in the country's economy and infrastructure development. Established primarily through nationalisation efforts beginning in the 1950s, these entities were created to provide essential services and promote equitable economic growth. The government holds at least 51 percent of the paid-up share capital [...]
According to the IBEF, the Garments and Apparel industry in India is a vital sector, contributing approximately 2.3% to the GDP. In FY24, the sector's exports reached $28.72 billion, with readymade garments alone accounting for $14.23 billion. The market is projected to grow at a 10% CAGR, aiming for $350 billion by 2030. With a [...]
According to Pib, the Industrial Products industry in India is a significant contributor to the nation's economy, with a 4.9% growth recorded in March 2024. The Index of Industrial Production (IIP) reached 159.2, reflecting robust performance across sectors like manufacturing, which grew by 5.2%. By 2025-26, the manufacturing sector is projected to hit $1 trillion [...]
Shares of one of the world's leading manufacturers of Power Transmission & Distribution structures surged 15.7 percent on BSE to hit a new 52-week high at Rs. 513.9 on Tuesday. This rally was sparked by Nuvama Institutional Equities’ initiation of coverage on Skipper Limited with a bullish outlook. With a market capitalisation of Rs. 5,659.8 [...]
Every country is moving from expensive energy production ways to cheaper alternatives. There are two main factors behind this. Firstly, the cost of energy is so much higher that affects the affordability of the people. Secondly, the ecosystem needs to be improved and everyone should think about alternatives to make Earth a better place for [...]
Transformer stock engaged in designing and manufacturing the entire range of Transformers hit a 5 percent upper circuit in the day’s trade upon declaring robust Q2FY25 results with a 2,329 percent jump in Net Profits. Price Action With a market capitalization of Rs. 10,087.82 Crores, the shares of Transformers & Rectifiers (India) Limited hit a [...]