The shares of the power trading platform provider gained up to 1.2 percent after the company recorded its highest-ever monthly volume in the Real-time Market (RTM). With a market capitalization of Rs 18,458.67 crore, the shares of Indian Energy Exchange Ltd were trading at Rs 205.15 per share, decreasing around 0.36 percent as compared to [...]
In Wednesday’s trading session, the shares of the largest reinsurer in the domestic reinsurance market in India moved down by 5.4 percent to a day’s low of Rs. 398.6 on BSE, after the Government of India offloaded a 6.78 percent stake in the company through an offer for sale (OFS). With a market cap of [...]
The shares of agrochemical manufacturing gained up to 1 percent after the company announced the acquisition of a Thailand-based company worth 22000 USD. With a market capitalization of Rs 46,186.55 crore, the shares of UPL Limited were trading at Rs 604.50 per share, increasing around 0.45 percent as compared to the previous closing price of [...]
The Indian banking sector is experiencing strong profitability and significant credit growth, with net profits reaching record levels and NPAs substantially reduced. However, challenges remain, including risks associated with infrastructure lending, rising interest rates, and cybersecurity concerns. Here’s a list of banking stocks that Morgan Stanley has downgraded, urging caution: Federal Bank Limited With a [...]
Some of the most powerful ways to get in contact with others are through storytelling, whether that be books, movies, and even marketing. Now, thanks to the rise of AI, the way we create stories and poetry is being altered thanks to new, innovative tools. This will be a great way for writers to start [...]
The Indian market for smart meters and transformers is experiencing significant growth, driven by advancements in technology and increased investments in infrastructure. Smart meters, which enable real-time monitoring of energy consumption, are becoming essential in the push for energy efficiency and management. The Indian government’s focus on digital transformation in the energy sector is catalyzing [...]
The Indian home finance sector expanded steadily in FY24, with the prime housing finance market reaching Rs. 9.3 trillion and the entire housing finance market rising at a CAGR of 12.6% from FY19-23. Affordable home loans (less than Rs. 2.5 million) constituted 35% of the market as of 9M FY24. Share price movement Aadhar Housing [...]
Cable stocks in India represent a significant segment of the stock market, encompassing companies involved in the manufacturing and distribution of various types of cables, including power cables, communication cables, and speciality cables. The sector has shown growth potential, driven by increasing demand in infrastructure, telecommunications, and renewable energy projects. Listed below is one such [...]
Picking the right accounting software is important for small businesses to keep their finances in check. With so many choices out there, it's essential to find software that's simple to use and fits your business's specific needs. The right software can make daily tasks easier, save you time, and let you focus on growing your [...]
High Foreign Institutional Investor (FII) holding in penny stocks is often seen as positive because it indicates confidence from institutional investors in the stock's potential for growth and stability. This backing can attract more retail investors, potentially driving up the stock's value and liquidity. Here are four such penny stocks with high FII holdings: Stratmont [...]
