With a market value of Rs 9,535 crore, shares of one of India's major tyre brand and one of the world's most popular Consumer Cyclical company rose around 20% on Thursday. At 1:28 p.m., Ceat Limited shares were trading at Rs 2,407.50,up 15.01 percent, hitting a 52-week high of Rs 2,499 apiece. This occurred after [...]
Shares of this Small-cap stock surged up to 9 percent and trading near their 52-week high levels after Tata Group company gets RBI’s nod to raise its stake in the company. In the past one year, the scrip has gained around 65 percent. With a market capitalization of Rs 4,000 crores, the stocks of DCB [...]
The Life Insurance Corporation of India (LIC) is the biggest domestic institutional investor (DII) in India and investors closely track the changes that it makes to its portfolio. Recently, LIC reduced its stake in a stock which forms a part of ace investor Radhakishan Damani’s portfolio. In fact, it has gradually been reducing its stake [...]
Shares of an RPG Group company gained nearly 5 percent to reach an intraday high of ₹ 603.80 apiece on the National Stock Exchange (NSE), after it received new orders worth ₹ 1,042 crores. At 12:20 Pm, its shares were trading at ₹ 597.05 apiece. In an exchange filing, KEC International, a global infrastructure EPC [...]
Shares of this Real Estate stock gained up to 17 percent and hit their 52-week high today after bagging multiple orders. The scrip has gained over 50 percent in a period of last six months. The stocks of RPP Infra Projects Limited are currently trading at Rs 64.45. Witnessing an intra-day high price of Rs [...]
Shares of the first Indian company in the world to commercially create safer and greener NHN detonators, as well as a pioneer in producing solid propellants and the manufacturer of popular missiles such as Brahmos and Agni, rose by 7%. Premier Explosives Limited's stock grew after receiving orders from the Ministry of Defence and Bharat [...]
Investing in the stock market may be profitable in the long run if informed choices are adopted. Here are a few key metrics to consider before investing in banking companies. Net Interest Income (NII): It is the difference between the interest a bank earns on loans after subtracting the interest it pays on deposits and [...]
Biocon Biologics on Wednesday said it has completed the integration of the acquired biosimilars business from Viatris Inc in over 70 countries in emerging markets effective July 1, 2023, increasing the scale and scope of its business. Following the deal closure in November 2022, this marks the first wave of countries where Viatris' operations have [...]
The Initial Public Offer (IPO) of jewellery retail player Senco Gold was subscribed 2.68 times on the second day of subscription on Wednesday. The Rs 405 crore-IPO received bids for 2,52,28,190 shares against 94,18,603 shares on offer, as per an update on the NSE. The portion for Retail Individual Investors (RIIs) received 3.67 times subscription, [...]
Small businesses-focused non-bank lender Veritas Finance on Wednesday announced raising Rs 1,200 crore from Multiples Private Equity and other investors. Multiples along with International Finance Corporation (IFC) have put in Rs 1,050 crore while Avendus Future Leaders Fund has deployed Rs 150 crore, according to a statement. The deal comprises a primary issuance of Rs [...]
