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CMDB vs Asset Management

CMDB vs Asset Management

Understanding the Difference: CMDB vs Asset Management Managing IT environments efficiently is essential for any business relying on technology to keep operations running smoothly. Two key aspects of this process are Configuration Management Databases (CMDB) and Asset Management. Though they seem similar, they serve distinct functions within IT management, and understanding the differences between the [...]
₹15 to ₹1620: Solar Energy stock turns ₹1 Lakh to ₹1 Cr in just 5 years 

₹15 to ₹1620: Solar Energy stock turns ₹1 Lakh to ₹1 Cr in just 5 years 

Listed below is one of the leading players in the solar industry, engaged in the manufacturing of solar photovoltaic modules and providing turnkey solar solutions across different segments, that has delivered multibagger returns of 10,250 percent to the shareholders of the company in just 5 years  Price Action  With a market capitalization of Rs. 1,750 [...]
Mukesh Ambani loses ₹1.32 Lakh Cr in just 4 days after FIIs sold stake worth $3 Billion

Mukesh Ambani loses ₹1.32 Lakh Cr in just 4 days after FIIs sold stake worth $3 Billion

Mukesh Ambani has experienced a significant financial setback recently, losing nearly Rs.1.32 lakh crores in just four days due to a sharp decline in the stock price of Reliance Industries Limited (RIL).  The Indian stock market is experiencing significant turmoil, with the Sensex plummeting over 1,750 points and the Nifty50 falling to 25,250. Heightened tensions [...]
EMS stock jumps 3% after entering into manufacturing deal with Panasonic Life Solutions India

EMS stock jumps 3% after entering into manufacturing deal with Panasonic Life Solutions India

EMS stock which is one of the leading Original Design Manufacturers (ODM) of room air conditioners for players like Blue Star, Daikin, and many others jumps upto 3 percent in the day’s trade upon entering into an arrangement for manufacturing with Panasonic Life Solutions India.  Price Action  With a market capitalization of Rs. 3,833 Crores, [...]
Stock hits 5% upper circuit after receiving orders worth ₹6.25 Cr from Nxtra Data

Stock hits 5% upper circuit after receiving orders worth ₹6.25 Cr from Nxtra Data

The shares of a small-cap company engaged in providing electro-automation solutions hit a 5% upper circuit after securing orders worth Rs. 6.25 crores from Nxtra Data Limited and Pokarna Engineered Stone Limited.  Share price variations:  With a market capitalization of Rs.3,112.33 crores, Marine Electricals (India) Limited opened the trading session at Rs.223.45, and surged to [...]
RK Damani stock to sell now for downside of more than 15%

RK Damani stock to sell now for downside of more than 15%

Shares of this large-cap supermarket chain focused on value retailing are in the spotlight after the company released its Q2 sales updates amid increasing quick commerce competition.  Price Movement  In Friday’s trading session, Avenue Supermart Ltd (DMart) saw its share price hit an intra-day low of Rs.4,703.00, down from the previous close of Rs.4,942.60, representing [...]
Steel stock falls 7% after its board disapproves bonus issue 

Steel stock falls 7% after its board disapproves bonus issue 

The shares of leading steel pipe manufacturers have fallen up to 7 percent after the company’s board of directors did not approve the Bonus Issue.  With a market capitalization of Rs 4,150.43 crore, the shares of JTL Industries Ltd were trading at Rs 223.00 per share, decreasing around 6.48 percent as compared to the previous [...]
Stock jumps after receiving ₹226 Cr order from Govt of West Bengal 

Stock jumps after receiving ₹226 Cr order from Govt of West Bengal 

Shares of this shipbuilding stock surged on Friday, despite the volatile market conditions after securing an order of Rs.226 crore for the Design, Build, Operation, and Maintenance of Hybrid Electric Ferries from the Transport Department, Government of West Bengal.  Price Movement  In Friday’s trading session, the share price of Garden Reach Shipbuilders & Engineers Ltd [...]
Demystifying TDS on FD Interest: What You Need to Know

Demystifying TDS on FD Interest: What You Need to Know

Fixed Deposits (FDs) are a popular savings tool in India, offering assured returns over a fixed tenor. However, understanding the tax implications, especially Tax Deducted at Source (TDS) on FD interest, is crucial for investors.  What is TDS? TDS is a mechanism introduced by the Income Tax Department under the Income Tax Act, 1961, to [...]