The shares of Mahindra and Mahindra (M&M) Financial Services Limited suffered deep cuts on Friday’s intraday trade after the Reserve Bank of India directed the company to immediately cease any recovery or repossession activities via an outsource till further orders. The shares reached a low of ₹ 192.05 apiece on Friday, after closing at 223.70 [...]
The share price of Adani Group companies has spiralled in the past year and this has played a major role in making Gautam Adani the second richest person in the world. The completion of the acquisition of Ambuja Cement and ACC helped the conglomerate overtake the Tata Group in terms of market capitalization. No-poaching pact [...]
The shares of the tobacco giant ITC Limited opened at Rs 341 and gained approximately 2.2 per cent in the early hours on Thursday to reach a new 52-week high of Rs 348.75. In a month, the stock has rallied by 10 per cent. When compared to the Nifty 50's performance of 1.4 per cent [...]
Banking stocks in India have outperformed the benchmark indices in the past month, on the back of a buoyant growth outlook. They have been driving the gains of the broader market and have been second, only to FMCG stocks in terms of gains. For perspective, Nifty Bank gave 7.27 per cent returns in the past [...]
The shares of the company were trading in red at Rs 616 levels till the afternoon on Wednesday. In a month the stock has gained 1.1 per cent. In a year the shares have zoomed by approximately 52 per cent. Olectra Greentech Limited (Olectra), a subsidiary of MEIL Group is India’s first ever electric bus [...]
The shares of Jayant Infratech Limited opened at Rs 438.55 as against its previous close of Rs 417 and were locked in an upper circuit of 5 per cent. The stock started to rally after the company announced that it has bagged its biggest ever work order (WO) worth Rs. 54 crores from ECI-SEEIPL(JV). The [...]
The festive season is nearing and the jewellery sector is shining bright as the sales have picked up after the pandemic. The shares of Kalyan Jewellers are dazzling. They have gained more than 18 per cent in the past two days and have reached an all-time high of ₹ 101.40 apiece on the National Stock [...]
