The ICC T20 World Cup is one of the world's most exciting cricket tournaments, bringing together the greatest teams in the world to compete for the prestigious championship. The tournament's fast-paced, high-energy contests excite millions of fans across the world. Since its introduction , the T20 World Cup has gained in popularity, highlighting cricket's shorter [...]
Indian equity benchmark indices reached record highs on Monday, with the Nifty 50 gaining 3.58 percent (807.20 points) to 23,337.70 and the Sensex rising 3.55 percent (2,621.98 points) to 76,583.30. Similarly, the Nifty Bank opened above 50,000 for the first time ever following exit polls for 2024 Loksabha results. Investor sentiment was lifted by Saturday's [...]
Semiconductor stock specializing in product design and development services ranging from chip design to Software and Systems Development hits a 10 percent upper circuit upon receiving a work order worth Rs. 568 Crores for the supply of high-performance chips. With a market capitalization of Rs. 2,681 Crores, the shares of Moschip Technologies Limited hit a [...]
Nifty sees the biggest gap-up open in four years and moved up by 3.6 percent to hit 23,338.7 points in the morning trading session of Monday. Despite securing three orders worth Rs. 8.3 crore under different zones of Indian Railways, the share price of a company engaged in Railway Infrastructure Development hit a 2% lower [...]
The Adani Group, based in Ahmedabad, Gujarat, India, is a diverse conglomerate consisting of 10 publicly traded companies. Led by chairman Gautam Adani, it operates in various sectors including ports, airports, power generation and transmission, and green energy initiatives. Adani Group is India's biggest airport operator and also manages India’s largest seaport, Mundra Port, Additionally, [...]
Spacenet Enterprises India Limited (NSE: SPCENET), a notable global tradetech company with operations in India and Hong Kong, has announced an impressive 330% increase in net profit for the financial year 2023-24. Spacenet reported a consolidated net profit of 10.81 Cr. for the financial year 2023-24, compared to a net profit of 2.51 Cr. in [...]
The shares of the leading highway developer gained up to 9 percent after the company has emerged as lowest bidder for the two projects of Maharashtra State Road Development Corporation Ltd worth Rs 2,152.72 crore. With a market capitalization of Rs 5,474 crore, the shares of Ashoka Buildcon Ltd were trading at Rs 194.60 per [...]
The company is one of the largest and fastest-growing automotive OEM suppliers in the world. It is a diversified global manufacturing expert and is one of the top 25 global automotive suppliers. Samvardhana Motherson International has a 24 percent global market share in the manufacture of exterior mirrors for passenger cars, commercial vehicles, and heavy [...]
Ethanol stocks have been experiencing a downturn in 2024 due to several key factors including lower sugarcane yields, Fair and Remunerative Price (FRP) hike, worldwide sugar shortage concerns and the government’s plan to discourage the diversion of sugar for ethanol production in order to ensure sufficient sugar supplies in the local market. Following are the [...]
The Benchmark Indices closed in the green on Friday, with the Sensex experiencing a gain of 75.71 points or 0.1 percent, ending the week at 73,961.31, and the Nifty 50 index up by nearly 0.2 percent or 42.05 points, to close at 22,530.7. The Nifty 50 index moved down by 1.8 percent over the previous [...]
