This e- commerce business was trading marginally low at Rs. 507.4 on Wednesday. JM Financial called out the stock for its bullish potential and gave a buy call for the stock at an upside of almost 40% after it required Sobek Auto for Rs. 535 crore. Share prices of Cartrade Tech Limited opened in green [...]
Engineering Infrastructure stock touched the upper circuit after the company ventured into the business of film production, distribution, and allied services, in addition to the existing business. GI Engineering Solutions Limited shares touched the 2 percent upper circuit of Rs 12.10 apiece on the National Stock Exchange in the early trade on Wednesday, and the [...]
Individual investors actively monitor mutual fund house investments because they invest in substantial quantities that might affect stock price movements. Furthermore, it is difficult for retail investors to find all relevant information about a company, Based on Mutual fund investment decisions that help individual investors make informed decisions before investing in any stocks Here are [...]
India's top gas firm GAIL (India) Ltd plans to invest Rs 30,000 crore in the next three years as it expands petrochemical capacity and scouts for LNG supplies globally, its chairman Sandeep Kumar Gupta said on Wednesday. The nation's top gas marketing and transportation firm is looking at liquefied natural gas (LNG) as a transport [...]
The House of Abhinandhan Lodha (HoABL) and HDFC Capital Affordable Real Estate Fund – 3 (acting through its investment manager HDFC Capital Advisors Limited), have come together to create a Joint Venture Platform entailing project investments of Rs. 1500 crore towards the development of new generation low-rise development projects in India. The Investment will result [...]
Shares of an ethanol manufacturing company surged 16.26 percent on Wednesday’s trades to reach an intraday high of ₹ 236.00 apiece on the National Stock Exchange (NSE), as oil marketing companies (OMCs) are declaring additional incentives. At 02:28 PM, its shares were trading at ₹ 230.00 apiece. Gulshan Polyols is one of the largest manufacturers [...]
JB Chemicals & Pharmaceuticals on Wednesday said it has received approval from the US health regulator to market a generic product, used to treat mood disorders, in the American market. The company has received approval from the US Food and Drug Administration to market Doxepin Hydrochloride capsules in strengths of 10 mg, 25 mg, 50 [...]
It is not true that India is not reducing coal-based power generation capacity in the energy mix, a senior government official said, adding that the country is targeting over 64 per cent of non-fossil fuel-based capacity by 2030. India has set the target of having 500GW of renewable energy by 2030. Coal-based power generation, however, [...]
India Post Payments Bank on Tuesday reported its first-ever operational profit of Rs 20.16 crore for 2022-23. The bank saw a 66.12 per cent growth in overall revenue. IPPB saw a 17.36 per cent increase in operating costs during the fiscal, a statement said. "IPPB... generated an operational profit of Rs 20.16 crore during 2022-23, [...]
US President Joe Biden will travel to India from September 7 to 10 to attend the G-20 Leaders' Summit during which he will discuss with other leaders a range of global challenges, including the Ukraine conflict, the White House announced on Tuesday. President Biden will also commend Prime Minister Narendra Modi's leadership of the G20, [...]