The automobile industry is a global sector that involves the design, development, manufacturing, marketing, and selling of motor vehicles. It is one of the largest industries worldwide, contributing significantly to the global economy. The industry includes a wide range of vehicles such as cars, trucks, buses, motorcycles, and electric vehicles (EVs), with major players like [...]
Once leading the semiconductor industry, Intel Corporation is the subject of much scrutiny today as it grapples with stiff societal challenges. With specific competitors like Nvidia and TSMC eclipsing Intel in AI and chip manufacturing respectively, the company has also started suffering from loss of profitability and market share. However, The appointment of Lip-Tan Bu [...]
The Solar Energy Corporation of India (SECI), a CPSU under the Ministry of New and Renewable Energy has announced the results of its auction under the Strategic Interventions for Green Hydrogen Transition (SIGHT) Program (Mode-1-Tranche-II) while awarding a total annual green hydrogen production capacity of 4,50,000 metric tons (MT). The selected bidders will receive an [...]
This MNC carmaker Stock is in Focus after Axis Capital initiated coverage with a Buy Target and a potential upside of 19.63 percent from current levels, citing a strong mix of MNC qualities and domestic OEMs execution capabilities. With a market capitalization of 1,32,172 Crore the Stock of Hyundai Motor India opened at Rs. 1,648, [...]
Shares of major oil exploration companies gained momentum as the new oilfield development bill passed by the Lok Sabha may exempt oil and gas producers from windfall taxes, according to Petroleum Minister Hardeep Puri. The bill aims to strengthen the exploration sector by providing policy stability and extending lease durations. This decision addresses past concerns [...]
The shares of the pharmaceutical company specialzing in the Business of Formulation of pharmaceutical products, jumped upto 6 percent following the approval by the Australian TGA for producing pharmaceutical formulations. Price action With a market capitalization of Rs. 9,849.51 crores on Thursday, the shares of Marksans Pharma Limited jumped upto 5.9 percent making a high [...]
This Room Air Conditioner stock, which deals in the business of manufacturing air conditioners, non-air conditioner components, and one-stop solutions for the RAC industry, is in focus after it plans to double its revenue guidance in the next three years. Share Price Movement In Thursday’s trading session, Amber Enterprises India's share price was up by [...]
Buying fundamentally strong stocks near their 52-week lows can be a great opportunity. Companies with good, strong financials, financial management, and consistency which are currently undervalued due to market fluctuations have significant upside potential. The correction in the market can be used in such cases. This article contains the names of some of the stable [...]
The shares of this Adani Group stock engaged in renewable power generation and other ancillary activities comes into focus after the company’s wholly owned subsidiary commissions a 250 MW solar power plant in Rajasthan. Stock Performance With a market capitalization of Rs 1,44,915.21 crore, Adani Green Energy Ltd rose over 1 percent in Thursday's trading [...]
Yesterday, several promoters took advantage of the market downturn by increasing their stake in their respective companies. This strategy signals confidence in the long-term growth potential of their businesses, as promoters often believe that the stock is undervalued during market corrections. These share purchases are closely watched by investors, as they indicate a commitment to [...]
