Debt-ridden telecom operator Vodafone Idea plans to clear about Rs 2,400 crore of dues to the government by September, sources privy to the development said. The company recently cleared pending dues of licence fees and spectrum usage charges of about Rs 450 crore for the March quarter of 2022-23, a source told PTI. "Vodafone Idea [...]
This mid cap stock has an increased share price of more than 50% in a year and 20% in just one day. The share prices of Yuken India Limited is trading at Rs. 727.60 as its 52- week high. The open price for the stock was Rs. 612.35 as well as the lowest price it [...]
On Tuesday, the shares of the leading provider of low code digital transformation platform rose 9 percent to an all-time high of Rs 1000 per share after the company received a USD 9,90,000 order from an international customer. At 3:15 p.m., Newgen Software Technologies Ltd shares were trading at Rs 969 a share on the [...]
Drug firm Glenmark Pharmaceuticals said it has entered into a pact with the US Department of Justice, Antitrust Division (DOJ) to resolve court proceedings related to the pricing of a drug. US-based Glenmark Pharmaceuticals Inc, a subsidiary of the company, has entered into a three-year deferred prosecution agreement with DOJ involving historical pricing practices by [...]
Realty firm Brigade Enterprises Ltd has acquired a 6.54-acre land parcel in Chennai from Pfizer Healthcare India for nearly Rs 139 crore to develop a residential project. The company has entered into a sale deed on Monday for acquiring 6.54 acres of land parcel located at Rajiv Gandhi Salai (Old Mahabalipuram Road), Sholinganallur, Chennai. In [...]
German luxury sports car maker Porsche AG expects around 80 per cent of its sales in India to come from fully electrified vehicles by 2030 and is lining up three such new vehicles to be introduced here early next year, a senior company official said on Tuesday. The company, which sells a range of luxury [...]
We understand that investment in a company’s stock gave a particular percentage of returns in a given period of time. However, knowing how much an investment is making in the long term has become crucial. CAGR (Compound Annual Growth Rate) measures an investment's average annual growth over a given period. It is a helpful tool [...]
India's economic growth will accelerate to 8.5 per cent in the April-June period of the current fiscal from the 6.1 per cent growth rate witnessed in the preceding January-March quarter, Icra Ratings said in a report on Tuesday. The rating agency attributed the faster growth to a supportive base and also a recovery in the [...]
Tata Group stocks are widely talked about and are one of the most famous lists of holdings in India that is continuously covered by various brokerages and other institutions. Listed below is one stock from the Tata Group universe that gets a buy call with a potential upside of more than 20 percent: Tata Steel [...]
The share price of a seed producer gained 18 percent on the Bombay Stock Exchange (BSE) to reach a lifetime high of ₹ 515.00 apiece after the company announced a bonus issue. At 01:17 PM, its shares were trading at ₹ 515.00 apiece. According to an exchange filing, the company has announced a bonus issue [...]
