Ayana Renewable Power, one of the largest Independent Power Producers (IPP) in India and backed by National Infrastructure and Investment Fund (NIIF), British International Investment (BII) and Green Growth Equity Fund, has signed a Power Purchase Agreement with Hindalco Industries Limited, the metals flagship company of the Aditya Birla Group, for the supply of 100 [...]
Experts have stated that the Indian Toy Industry can receive a boost to its economy by enhancing manufacturing capabilities and exports through the help/ expertise of G20 member nations like the USA and China. Toy Association of India (TAI) Chairman Manu Gupta said the G20 presidency with India provides an opportunity to showcase India as [...]
This large cap stock gained nearly 1% and still managed to reach its 52- week high in the first half of Monday’s trading session. Recently, the company signed an agreement with Chalet Hotels Limited. Share prices of Tata Power opened at Rs. 257.95 per share and traded nearly 1% higher to reach its 52- week [...]
Shares of one of the leading manufacturers of Large Motors and Generators soared 5 percent upper circuit to Rs 41.91 apiece on early trade on Monday after the company received an order worth Rs 41 crores. Jyoti Ltd., a micro-cap stock with a market valuation of Rs 96 crore, touched a 5 percent upper circuit [...]
This penny stock surged 5% on Monday’s morning after it received an order worth Rs. 36.35 from Gujarat Energy Transmission Corporation Limited. Share prices of HEC Infra opened at Rs. 46.75 and traded 5% higher to reach its intra- day high of Rs. 46.90 per share. The stock returned 25.21% in the last month and [...]
On Monday, the shares of one of the largest producers of superalloys for the defence industry soared 6 percent to an all-time high of Rs 435.85 per share after the company supplied critical components for the successful launch of India's first solar mission, Aditya-L1. At 12:30 p.m., Mishra Dhatu Nigam Ltd (MIDHANI) shares were trading [...]
A transaction containing at least 0.5% of the total number of a company's listed shares is referred to as a bulk deal. On Monday this large-cap banking stock jumps upto 4% after a bulk deal. This stock has delivered 90% returns in one year to the investors and it's currently trading above the 50-day and [...]
Shares of a company in ace investor Vijay Kedia’s portfolio have reached a record high of ₹ 935.00 apiece on the bourses and the company has crossed a market capitalisation of ₹ 10,000 crores. At 12:12 PM, its shares were trading at ₹ 929.95 apiece. Elecon Engineering Company’s share price crossed the ₹ 10,000 crore [...]
Price to book value is known as one of the valuation metrics to understand and analyse a stock on the basis of its increasing or decreasing value. In simple terms, it is a comparison of a share’s market price to the company’s book value of equity. Investing in a company with a price to book [...]
India's automobile sector is the largest, accounting for around 2.3 percent of the Indian GDP. As India is the world's third-largest steel producer, car component makers benefit from lower costs. According to ACMA, the automobile industry's entire turnover would increase by 10-15 percent in FY24. The automotive components industry grew by 23 percent in FY22 [...]
