The Mahindra Group is a multinational company with operations in over 100 countries. The company is engaged in six business units, such as Automotive, Farm Equipment, Infrastructure, Trade and Financial Services, and IT. Return on equity(ROE) signifies a company's ability to generate returns on the investments it has received from its shareholders. Return on Equity [...]
The ‘Electronic Vehicles’ (EV) industry has gained traction in India in the past couple of years. By 2030, India aims to have a 30 percent share of EVs with the main purpose of reduction of carbon emissions and having a greener future. Listed below is one multibagger stock associated with the EV industry that one [...]
The shares of the Supply chain management company locked around 5 percent upper circuit in early trade on Thursday after the company board approved the disinvestment and sale of shares in three units. Essar Shipping Ltd shares on the National Stock Exchange touched a 5 percent upper circuit at Rs. 12.20 a share, and the [...]
Airtel Payments Bank offers online banking and payment services. The company seeks to provide every Indian with access to a fair, efficient, and reliable banking experience as India's first payments bank. Airtel Payments Bank on Thursday said its revenue witnessed a year-on-year growth of 41 per cent to Rs 400 crore in the first quarter [...]
Promoter JSW Investments on Wednesday pared a 1.27 per cent stake in JSW Energy for Rs 717 crore through open market transactions. GQG Partners, Washington State Investment Board, AustralianSuper, Reliance Trust Institutional Retirement Trust Series Twelve, Witan Investment Trust Plc, and Alliance Trust Plc, among others, were the buyers of the shares of JSW Energy. [...]
The Nepal government has requested India to facilitate the supply of paddy, rice and sugar, a senior official said here on Wednesday, as a precautionary measure to mitigate any possible food scarcity in the upcoming festive season. The request was made through the Ministry of Foreign Affairs to the Indian authorities last week, Commerce and [...]
InterGlobe Aviation's promoter Shobha Gangwal on Wednesday sold a nearly 2.9 per cent stake in the company for a little over Rs 2,800 crore through open market transactions. Shobha Gangwal is the wife of Rakesh Gangwal, the co-founder of the company, which is the parent of the country's largest airline IndiGo. The shares were sold [...]
Shares of a micro-cap company jumped 18% to reach an intraday high of ₹ 139.90 apiece on the National Stock Exchange (NSE) after the company announced its results for the first quarter of the current financial year. At 12:39 PM, its shares were trading at ₹ 134.50 apiece, up 16.91%. According to an exchange filing, [...]
Shares of this stock involved in ‘Broking’ services are trading in the green post a Bulk Deal that took place pertaining to the company’s stock. In the last five trading sessions, the stock has gained around 10 percent from Rs 66.75 to the current price level. With a market capitalization of Rs 2,200 crores, the [...]
This Healthcare Services Stock rose 10% in the first hour of market open on Thursday after the promoter entity released information on huge capex plans shortly after markets opened on Thursday. The stock has been on an uptrend since Q4 FY23 and is currently 6% away from the 52 week high. The stock has seen [...]
