At the Global Stainless-Steel Expo 2023, more than 500 stainless steel industry stakeholders from India and overseas are anticipated to discuss the potential in the sector. The three-day Global Stainless-Steel Expo 2023 (GSSE 2023) will take place in Mumbai the following week, according to a statement released on Wednesday by the event's organizer, Virgo Communications [...]
Shares of this defence stock jumped 10 percent in Thursday’s trading session after announcing the Record Date for the purpose of payment of the Final Dividend for FY22-23. With a market capitalization of Rs 42,107.83 crores, the stocks of Mazagon Dock Shipbuilders Limited closed at Rs 2,087.75 on Thursday, gaining around 10 percent compared to [...]
Domestic benchmark indices ended the month of August in the red. The BSE Sensex fell 1,696.26 points, or 2.55 percent, and ended the month at 64,831.40. Similarly, the NSE Nifty 50 fell 500 points, or 2.5 percent, to 19,253.80. Despite the fall in the index, Global investors are looking at India as an attractive investment [...]
On Thursday credit rating agency ICRA said that domestic air passenger traffic is likely to grow 8-13 per cent in the current fiscal and the aviation industry is also expected to trim the losses further. Icra, in its mid-year update on Indian aviation, also maintained a "stable outlook" on the industry, amidst the continued recovery [...]
A green steel project in Saudi Arabia will receive iron ore from the world's largest mining company, Vale International, the Indian firm said in a statement on Thursday. Essar had previously inked a pact with Bahrain Steel for the supply of DR-grade pellets for the project. The company said in a statement that with the [...]
Due to the favourable conditions for increased sugar output and the government's push for ethanol, Balrampur Chini Mills Ltd is optimistic about maintaining its strong double-digit growth, a senior company official said. The government's stress on the renewable fuel is helping the company to diversify significantly into energy, the official said. Avantika Saraogi said the [...]
Zerodha Broking is India's largest stockbroker and is credited with pioneering the discount broking strategy in the country. Zerodha is India's most technologically advanced stock broker and It has created a variety of trading software for its clients. As per corporate shareholdings filed as of June 30, 2023, Zerodha Broking publicly holds 3 stocks with [...]
The largest mutual fund in the nation, SBI MF, has agreed to invest Rs 410 crore in Nazara Technologies by subscribing to its preferential allotment of stock through private placement, the company announced on Thursday. The gaming and sports media platform said the shares carry a face value of Rs 4. In a preferential issuance [...]
Shares of this small-cap IT stock hit the 5 percent upper circuit after the acquisition of a leading digital entertainment platform. In the last one week, the company’s stock has gained over 20 percent. With a market capitalization of Rs 2,942.77 crores, the stocks of Aurionpro Solutions Limited opened their trading hour at Rs 1236.45 [...]
This IT Stock jumped 3% in Thursday's trading session and reached its 52- week high in no time after signing an agreement with German Technology and manufacturing company Siemens. The stock saw a strong movement in the market today. Share price of HCL Tech opened at Rs. 1238 levels and gained nearly 2% to reach [...]
