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Shipping stock jumps 3% after it enters into contract to buy tankers for crude and LPG transportation  

Shipping stock jumps 3% after it enters into contract to buy tankers for crude and LPG transportation  

The shares of India's largest private-sector shipping service provider gained 3% to ₹1,102.70 per share on Friday's early trade after the company contracted to buy a medium-range product tanker to transport liquid, gas, and solid bulk products.  At 10:50 a.m., on Friday’s trade, Great Eastern Shipping Company Ltd shares were trading at ₹1,096 per share, [...]
EV stocks with high ROE and RoCE of more than 20% to keep on your radar

EV stocks with high ROE and RoCE of more than 20% to keep on your radar

The electric vehicle (EV) sector in India is rapidly evolving, driven by government incentives, environmental concerns, and technological advancements. With the increasing adoption of EVs, the industry is poised for significant growth, offering opportunities for sustainable transportation and economic development.  Here are three EV stocks with ROCE/ROE of up to 36.97%.  Tata Motors Ltd  Tata [...]
Pharma stock jumps 3.5% after company receives approval from the USFDA for diabetes mellitus tablets

Pharma stock jumps 3.5% after company receives approval from the USFDA for diabetes mellitus tablets

The share price of this leading Pharma company increased by 3.5 percent after the firm received approval from The United States Food and Drug Administration ( USFDA) to produce new medicines. With a market capitalization of Rs 2,850.73 crores, the shares of Indoco Remedies Ltd closed at Rs 316.85 a piece on Wednesday’s trading session [...]
FIIs buy ₹ 9,371 Cr in May despite ₹ 25,500 Cr sell-off; Here are top sectors that saw huge inflow

FIIs buy ₹ 9,371 Cr in May despite ₹ 25,500 Cr sell-off; Here are top sectors that saw huge inflow

In May 2024, Indian equities witnessed a Foreign Portfolio Investment (FPI) outflow totaling ₹25,586 crore ($3,063 million or $3.06 Billion), as reported by the National Securities Depository Ltd. (NSDL). This marked a significant decline in 2024.  Overall, FPI outflows for the month totaled ₹12,911 crores ($1,541 million or $1.5 billion), which included debt, hybrid, debt-VR, [...]
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