Shares of this large-cap Adani Group stock jumped 6 percent after Promoter Entities increased their stake in the company. In the last six months, the stocks of this company have gained close to 30 percent. With a market capitalization of Rs 1.89 lakh crores, the stocks of Adani Ports & Special Economic Zone Limited started [...]
Shares of a company in the finance sector surged 5.25 percent on Monday's early trades to reach an intraday high of ₹ 2,593.95 apiece on the National Stock Exchange (NSE). This happened after the company’s meeting with investors and analysts. At 11:18 AM, its shares were trading at ₹ 2547.80 apiece. Computer Age Management Services [...]
This S&P BSE SME IPO stock rose 5% within the first 15 minutes of market open on Monday after it bagged an order. The stock is seeing volumes that are in line with last week and monthly averages for the time being. It was listed in July 2023 with a a market cap of Rs. [...]
According to Chairman and Managing Director Saldanha, Glenmark Pharmaceuticals targets to grow its revenues by 10-11 per cent with a focus on free cash generation to reduce debt in the current financial year. The Mumbai-based pharmaceutical giant is also aiming to increase EBITDA margins while extending its reach into more therapeutic areas like dermatology and [...]
On Monday’s trade, the shares of India's largest energy company rose 7.6 percent to an all-time high of Rs 424.90 a share on reports that three private equity investors are in advanced talks to buy a minority stake in JSW Neo Energy. At 11:30 a.m., JSW Energy Ltd shares were trading at Rs 418.65 per [...]
Shares of this large-cap Tata Group stock hit their 52-week high post announcing a partnership with NVIDIA, a global corporation manufacturing mobile technologies, graphics processors, and desktop computers. With a market capitalization of Rs 55,030.65 crores, the stocks of Tata Communications Limited, a large-cap stock under the Tata Group universe, opened their trading hour on [...]
A senior official of the company said that over the next couple of years to expand its footprint in smaller cities and towns with around 100-200 retail stores will be open by the textile division of Grasim Industries. It anticipates a spike in demand for textile goods in the upcoming festive season. "We are optimistic [...]
According to SteelMint, In January-June 2023 India has produced 66.14 MT crude steel, reporting a 5 per cent YoY growth and the uptrend is likely to continue in second half of the year as well. The research firm said that 63 million tonnes of crude steel produceed by the domestic industry in January-June Period of [...]
On Monday, investors' optimism in the local markets helped equity benchmark indices extend their rally for the seventh straight day. Buying in key indexes The winning streak in the stock market was also boosted by Reliance Industries and Tata Consultancy Services. The 30-share BSE Sensex jumped 293.7 points to 66,892.61 in early trade. The Nifty [...]
On Sunday, Brazil and India decided to cooperate in order to expand the India-Mercosur Preferential Trade Agreement (PTA) to further promote economic ties. An official statement said. Brazil, Argentina, Uruguay, and Paraguay make up the Latin American commercial bloc known as Mercosur. During their meeting here on the sidelines of the G20 Summit, Prime Minister [...]
