Shares of this construction stock under the ‘small-cap’ category hit its 52-week high after the company’s Board considered and approved the issue of Bonus shares in the ratio of 2:1. During the last one-month period, the company’s stock has jumped around 18 percent. With a market capitalization of Rs 2,475.98 crores, the stocks of Gensol [...]
Sugar stocks witnessed a massive rally on Wednesday after reports suggested that Avlean, a Switzerland-based company, said that it expects a sixth straight year of sugar deficit as supply would be affected due to a bad crop in India. It said that global markets will face a 5.4 million metric ton deficit of the sweetener [...]
On Wednesday Electric two-wheeler maker Ather Energy said that the company has raised Rs 900 crore from existing shareholders Hero MotoCorp and GIC through a rights issue. Ather Energy said in statement that the firm intends to use the cash for the introduction of new products as well as the growth of its retail network [...]
ABB India, an automation business, and Tata Steel have teamed up to develop technology that would lessen the carbon impact of steel production. In its Indian operations, the steelmaker has set a medium-term goal to cut carbon emissions to under two tonnes of CO2 per tonne of crude steel by 2025, according to a statement [...]
On Wednesday, buying in HDFC Bank and an overall robust trend in Asian markets led equity benchmark indices to conclude in the green. Fag-end buying helped the BSE Sensex gained 100.26 points or 0.15 per cent to settle at 65,880.52. During the day, it had declined 292.23 points or 0.44 per cent to 65,488.03. The [...]
On Wednesday Information and Brodcating Minister Anurag Thakur said that The Union Cabinet approved a Rs 3,760 crore viability gap funding for setting up battery energy storage system in the country. The entire Rs 3,760 crore viability gap funding will be borne by the central government, the minister said while briefing media about the Cabinet [...]
On Wednesday Apollo Hospitals said it has expanded its partnership with Google Cloud for its digital platform, Apollo 24/7. With telemedicine services, online doctor consultations, home drug delivery, and better clinician decision-making, Apollo 24/7, which was built entirely on Google Cloud, seeks to provide Indians with an omnichannel healthcare experience. "Generative AI has the transformative [...]
A new-age stock’s share price zoomed 5 percent on Wednesday to reach an intraday high of ₹ 144.50 apiece on the National Stock Exchange (NSE), after a brokerage gave a target on its shares with an upside of 47 percent. JM Financial believes that Fsn E-Commerce Ventures Ltd (Nykaa) is a strong player in India’s [...]
On Wednesday's early-day trade, the Share's of the largest manganese ore producer jumped 4 percent to a 52-week high price of Rs 1,675 per after the company received permission from the Karnataka State Pollution Control Board to expand plant capacity. At 12:45 p.m.,Sandur Manganese and Iron Ores Ltd shares were trading at Rs 1,632.95 a [...]
This chemical stock surged nearly 2% in the market today as HDFC Securities gave it a buy rating with an upside of 23%. The stock saw a potential momentum during the trading session. Share price of Neogen Chemicals Limited opened at Rs. 1735 levels and gained nearly 2% to reach its intra- day high of [...]