Central PSU Hindustan Copper Limited (HCL) is hopeful of commencing mining at its closed Rakha mine in Jharkhand, which will entail an investment of over Rs 2,000 crore, after getting final clearance from the state government, a top company official said. The Rakha mine has been closed since 2001, and the Jharkhand government has recently [...]
Benchmark equity indices continued their rally on Monday, with the BSE Sensex breaching the 65,000 mark for the first time ever, propelled by bullish global market trends and foreign fund inflows. Rallying for the fourth straight day, the 30-share BSE Sensex jumped 449.46 points to hit its all-time peak of 65,168.02 in early trade. The [...]
The Benchmark Indices witnessed a jump today with the Sensex gaining 800 points and closing at Rs 64,719. Moreover, the Nifty 50 index saw a jump of 217 points and closed at Rs 19,189. Both the indices touched their all-time high levels with the Sensex attaining the same at Rs 64,768.58 and the Nifty 50 [...]
The name ‘Tata’ is synonymous with trust. It carries a legacy that spans more than a century. The group has been actively evolving with changing times and is innovating its business on a continuous basis. Its immaculate reputation has helped it to attract investors, consumers and some of the best talent. ROE is a measurement [...]
The Compounded Annual Growth Rate, popularly known as CAGR, is a metric that depicts a growth rate of an investment over a specified period of time longer than a year. Listed below are 3 stocks under the ‘Mid cap’ category which have a CAGR tied to 3-year net profit growth of more than 25 percent: [...]
Dividends are often described as the distribution of a company's earnings to its shareholders, which is decided by the Board of Directors. Dividends are typically issued once every three months, and payment can be in cash or in the form of reinvestment in further business equity. Since the implementation of the "T+1" settlement cycle, the [...]
Long-term investing is definitely one of the best ways to make stupendous wealth. There was an era when Demat accounts did not exist and people held share certificates. These certificates would often find their way into drawers, only to be found years later, with an increase in the share price. One such stock is Kajaria [...]
Praj Industries is Pioneer in Ethanol Technology solutions that offers cutting-edge technologies to the distillery industry. It is a leading biofuel Technology Company providing a number of processes and systems for ethanol and biodiesel production. It has a presence on five continents. The company has over 70% of the market share in India for 2G [...]
Benchmark equity indices scaled fresh all-time closing highs on Friday, propelled by foreign fund inflows and a firm trend in the global markets. Intense buying in index heavyweights Infosys, HDFC twins, Reliance Industries and TCS further bolstered sentiment, traders said. Rallying for the third straight day, the 30-share BSE Sensex jumped 803.14 points or 1.26 [...]
Bharat Electronics Ltd (BEL) on Friday said it has received new defence and non-defence orders worth Rs 2,191 crore. The orders are for supplying long-range guidance kits with warheads, airborne jammers, battlefield short range surveillance radars upgrades, missile guidance radars, shallow water craft sonars and spares, among others, it said in a statement. The Bengaluru-headquartered [...]
