On Wednesday, Asia Healthcare Holdings announced that it had purchased the majority of the shares in the Asian Institute of Nephrology and Urology and that it would contribute Rs 600 crore to the latter. The investment will be made using a combination of primary and secondary infusion, according to a statement from Asia Healthcare Holdings [...]
According to Wednesday's statement by Minister of State for Electronics and IT Rajeev Chandrasekhar, organizations may be given about a year to adjust their systems to conform to the requirements of the Digital Personal Data Protection Act, 2023. On the sidelines of an industry consultation, Chandrasekhar addressed the media and promised that the Data Protection [...]
This drone stock rallied 8% in the first half of Wednesday after the company partnered with Wollstone Capital SA which is a private investment holding company in Switzerland. Share price of Droneacharya opened at Rs. 174.30 per share and gained 8% to reach its intra- day high of Rs. 190.25 per share. The stock has [...]
Shares of this multibagger small-cap stock under the ‘Iron & Steel’ sector jumped around 6 percent in Wednesday’s trading session after receiving environmental clearance for a commercial coal mine. In the last month itself, the company’s stock gained more than 40 percent. With a market capitalization of Rs 2,472.22 crores, the stocks of Prakash Industries [...]
Shares of a fundamentally strong large-cap stock shed 4.05 per cent to reach an intraday low of ₹ 1,563.10 apiece on the National Stock Exchange (NSE). This happened after the company received a downgrade from Nomura. Its shares were trading at ₹ 1,567.85 apiece at 11:07 AM on Wednesday. Brokerage firm Nomura has downgraded HDFC [...]
Shares of a renewable energy company notched 7.31% gains to reach an intraday high of ₹ 82.25 apiece on the National Stock Exchange (NSE). This happened after the company announced that it had signed a MoU for projects worth ₹ 1,18,826 Crore. Its shares were trading at ₹ 82.00 apiece at 12:18 PM. SJVN Ltd [...]
According to RBI Monetary Policy Committee (MPC) Member Ashima Goyal, the Indian economy has begun to perform well despite the unfavorable global environment because the Modi-led government carried out numerous reforms over the past nine years, improving important macroeconomic indicators. Goyal was questioned about how she would contrast the nine years of the Modi-led NDA [...]
This defence stock held by ace investor Ramesh Damani surged more than 3% in the market after the company entered into two non- binding MoUs with Lloyd’s Register and Caterpillar Inc on Wednesday morning. Share price of Garden Reach opened at Rs. 814.15 per share and rose more than 3% to reach its intra- day [...]
Shares of this consumer durable stock jumped 15 percent on Wednesday after the company announced a “Qualified Institutional Placement” (QIP) for debt reduction as well as increasing the growth potential. With a market capitalization of Rs 17,056.23 crores, the stocks of Blue Star Limited started their trading session on Wednesday at Rs 818.35 and currently [...]
On Wednesday, shares of R R Kabel Ltd, a manufacturer of wires and cables, were listed at a premium of 14% over their Rs 1,035 issue price. The stock began trading on the BSE at Rs 1,179, up 13.91% from the issue price. Later, it increased 15.75 percent to Rs 1,198.05. It started trading at [...]
