A gaming company’s share price plummeted 8 percent to reach an intraday low of ₹ 181.10 apiece on the National Stock Exchange (NSE) after an announcement in the 51st meeting of the GST Council on August 02, 2023, regarding Goods and Services Tax (GST) on online gaming, casinos and horse racing. At 12:36 PM, Delta [...]
Shares of this recently listed Pharma stock under the ‘large-cap’ category were on the rise in Thursday’s trading session after the company announced financial results for Q1FY23-24. The stock is trading near its all-time high level. With a market capitalization of Rs 74,500 crores, the shares of Mankind Pharma Limited started their trading session at [...]
PNB Housing Finance expects a 22% growth in fresh loan sales this fiscal, according to a top executive. The company, promoted by Punjab National Bank, has an aggressive growth plan and has set an internal target of crossing the Rs 1 lakh crore-mark on the assets side in the next three to three-and-a-half years. In [...]
Since 1988, Sterling Tools has been a pioneer in the establishment of sheet metal assembly manufacturing facilities in Karnataka, India. The production facility's initial focus was on local clients, but it gradually transitioned to major original equipment manufacturers. The business has become well-known and has grown by continually offering top-notch goods to both domestic and [...]
Mahindra & Mahindra on Thursday said Singapore's sovereign investment firm Temasek will invest Rs 1,200 crore in its four-wheeler passenger electric vehicles arm -- Mahindra Electric Automobile Ltd. Earlier this year M&M announced its plans to launch 16 EVs by FY2028 and that it expects a 15-20% CAGR by FY2025 consolidated basis. It stated its [...]
Ipca Laboratories announced yesterday that it has completed the acquisition of a 33.38% stake in Unichem for Rs 945.35 crore. Last week, Ipca got approval from the Competition Commission of India (CCI) for a 59.38% stake purchase in listed Unichem Laboratories. "Post receipt of approval of CCI, the company has acquired 2,35,01,440 fully paid-up equity [...]
Shares of this small-cap stock jumped around 12 percent after releasing financial results for Q1FY23-24. In the last six months, the company’s stock has gained over 40 percent from Rs 1,799.10 to the current price level. The stocks of KSB Limited opened their trading hour at Rs 2,360.10 and currently are available for Rs 2,567 [...]
A government-owned coal mining corporation is called Coal India Ltd. (CIL). It produces coal and items made from coal. Coking coal, semi-coking coal, non-coking coal, hard coal, washed and beneficiated coal, coal fines, heavy oil, and coke are among the company's product offerings. The business runs mixed mines, underground mines, and open-pit mines. Products from [...]
Tamil Nadu-based NLC, under the ministry, operates three opencast lignite mines with a total installed capacity of 30 million tonnes per annum (MTPA) at Neyveli, another opencast lignite mine at Barsingsar in Rajasthan with an installed capacity of 2.1 MTPA and an opencast coal mine at Talabira in Odisha with an installed capacity of 20 [...]
One of India's top businesses for precision-engineered solutions and automotive technology is Pricol Limited, with its headquarters in Coimbatore. Being dedicated to achieving leadership and quality since the company's 1975 founding has helped it grow into a well-known name in the worldwide automotive sector. The company has 3 international offices, 400+ product and process engineers, [...]
