The shares of the high-precision machined components manufacturer gained up to 7.17 percent after the company received a new work order worth Rs 500 crore from an automobile driveline manufacturer. With a market capitalization of Rs 9,088.89 crore, the shares of Happy Forgings Ltd were trading at Rs 962.10 per share, increasing around 6 percent [...]
SBI Group, through its subsidiary SBI Mutual Funds, invests in a diverse array of mutual fund schemes, encompassing equity, debt, and hybrid options. Some prominent schemes managed by SBI Mutual Funds include the SBI Contra Fund, SBI Long Term Equity Fund, and SBI Healthcare Opportunities Fund. In its latest corporate shareholdings filing, SBI Group disclosed [...]
Pledging of shares refers to the practice of using shares as collateral to secure a loan, as it is sometimes considered a good option for promoters and investors to raise capital. However, the case of the company's promoters having a higher percentage of pledged shares may indicate a red flag, and financial troubles within the [...]
On Monday, the Indian market started off on a negative note because of increased tension in the Middle East. An Iranian drone attack on Israel over the weekend heightened these tensions, impacting the sentiments and confidence of the investors. These tensions have made markets in Asia more volatile, with major indices falling in the morning [...]
Multibagger stock engaged in offering integrated solutions in heating, water treatment, cooling, power generation, recycling, and many more jumped upto 7 percent in the day’s trade following the opening of its state-of-the-art manufacturing facility for providing water and wastewater treatment solutions. With a market capitalization of Rs. 55,957 Crores, the shares of Thermax Limited closed [...]
The shares of the financial platform provider for Corporate Banking gained up to 5.3 percent after the company expanded its partnership with the National Bank of Kuwait (NBK). With a market capitalization of Rs 13,959.48 crore, the shares of Intellect Design Arena Ltd closed at Rs 1,020.25 per share, increasing around 2.27 percent as compared [...]
March 2024 results have begun and companies have also started to report their latest quarter’s shareholding pattern data. The Indian Benchmark Indices, viz, Sensex and Nifty50, are trading in the red on Monday with the former slipping 0.97 percent and currently standing at 73,523.54 and the latter slipping 0.92 percent and currently standing at 22,311.45. [...]
The shares of the project management services provider gained up to 7 percent after the company received the receipt of an Authorisation Letter to set up 2nd Generation Compressed BioGas (2G CBG) plants. With a market capitalization of Rs 2,959.20 crore, the shares of SEPC Ltd were trading at Rs 20.95 per share, increasing around [...]
On April 1, 2024, tensions between Iran and Israel escalated when Israel carried out an airstrike on Iran's consulate building in Syria. This incident led to the tragic loss of eight officers and a senior member of Iran's Islamic Revolutionary Guards. The airstrike was Israel's retaliation to the ongoing conflict in Gaza, which had started [...]
As Bitcoin prepares for its next halving in 2024, it is important to reflect on the lessons learned from previous halvings. The Bitcoin halving is a significant event that occurs approximately every four years and impacts the supply dynamics and market movements of the cryptocurrency. By examining trends and patterns from past halving cycles, investors, [...]
