The shares of this pharma company rose nearly 2 percent after reporting a remarkable increase of 478 percent in net profits year-on-year. Share Price Variation In Friday’s trading session, the share price of Biocon Ltd reached an intra-day high of Rs.344 per share from its previous close of Rs.339.2 apiece, gaining around 2 percent in [...]
In Friday's trading session, the shares of a company engaged in the hotel and hospitality business surged by nearly 5 percent to Rs. 41.55 on BSE, after the company signed a deal to open a hotel in Maharashtra. At 11:17 a.m., the shares of Eco Hotels And Resorts Limited were trading in the green at [...]
The shares of the real estate company gained up to 3.5 percent after the company received a new work order for Rs 1,042 crores for the development of the Kanpur Central Bus Terminal and Bhuvaneshwar Metro Project. With a market capitalization of Rs 6,898.51 crore, the shares of Ceigall India Ltd were trading at Rs [...]
Semiconductor stock engaged in offering product engineering, application software, electronic design, testing, and enterprise business services in focus upon declaring its Q1FY25 results and declaring a bonus issue of 1:4. Price Action With a market capitalization of Rs. 1,057 Crores, the shares of Mindteck (India) Limited were trading at Rs. 415.90 per equity share, down [...]
The Navratna stock surged nearly 12% during the first half of Friday's trading session, hitting an intraday high of ₹188.50 per share after the company secured a ₹15,000 crore order from the Srinagar Development Authority. At 11:10 a.m., NBCC (India) Ltd. shares were trading at ₹187.25 per share, up 10.86% from the previous close price. [...]
In Friday's trading session, the shares of a leading pioneer in Solar Photovoltaic (PV) Module manufacturing in India surged by 10 percent to hit a new 52-week high at Rs. 1,919.1, after the Board of the company approved the issue of bonus shares in 1:4 ratio. At 10:23 a.m., the shares of Solex Energy Limited [...]
There can be several reasons behind promoters decreasing their holding in the companies including capitalising on high valuations, raising funds for other purposes, meeting regulatory requirements, strategic realignment, debt reduction and many more. Overall, the impact of promoter stake sales depends on the specific circumstances, reasons for selling, and how the proceeds are utilised. It's [...]
Foreign Institutional Investors (FIIs) are entities that invest in financial markets outside their home country. This category includes mutual funds, pension funds, hedge funds, insurance companies, and endowments or foundations. FIIs invest in a range of assets such as stocks, bonds, and real estate, aiming to diversify their portfolios and enhance returns. Their involvement provides [...]
Capital expenditures (CapEx) are vital in the automotive industry for investing in new technologies, expanding production capacity, and maintaining competitiveness. They also drive industry growth by localizing production and creating jobs, ultimately supporting innovation and meeting consumer demand. Here is a list of 3 automobile stocks with huge capex plans for FY25. Maruti Suzuki Ltd. [...]
Transformers stocks in India are primarily represented by companies engaged in the manufacturing of power transformers, which are crucial for electricity transmission and distribution. The transformer market is estimated to develop at a CAGR of 4.7 percent between 2024 and 2030, reaching USD 57.8 billion. One of the primary drivers of the power transformer market [...]
