With a market capitalization of Rs 1,362 crores, the shares of Capacite Infraprojects Limited are trading at Rs 201, zooming 6.10 percent as compared to the previous close of Rs 189.10. In the last one month, the stock has jumped over 17 percent ranging from Rs 171.15 at the end of May to the current [...]
Cambridge Technology Enterprises Limited is a penny stock with a market capitalization of Rs 144 crore, Company shares gained 10 percent of Rs 74.80 in Monday's first half session. The stock jumped amid of acquisition. According to exchange filings, R.P Web Apps private limited, a provider of information technology and web-based solutions, will be acquired [...]
Shares of Shree Cement Ltd plunged 10% on Monday’s early trades to reach an intraday low of ₹ 22605.60 apiece amid reports about the company being under the scanner for alleged tax evasion to the tune of ₹ 23,000 crore. This is said to be the biggest tax evasion ever, to date. At 11:28 AM, [...]
A ‘Dividend’ is usually defined as the distribution of a company's earnings to its shareholders and is determined by its Board of Directors. Dividends are often been distributed once in three months and the mode of payment could be in cash or in the form of reinvestment in additional stocks of the company. Moreover, an [...]
Around 81 per cent of people surveyed have faced issues around fee refund, trust, transparency and others from edtech platforms, according to online survey platform LocalCircles. The survey conducted between February 16 and June 15, 2023, found that 32 per cent of users have faced issues with BYJU'S, 10 per cent each with Unacademy and [...]
Pakistan's Parliament on Sunday approved the Rs 14.48 trillion budget for 2023-24 after new taxes were added to it as dictated by the IMF as a condition to release the remaining portion of an already agreed bailout package for the cash-strapped country. The budget aiming to achieve 3.5 per cent GDP growth was unveiled on [...]
Union Road Transport and Highways Minister Nitin Gadkari has said new vehicles will be introduced that run entirely on ethanol. Speaking at an event in Nagpur on Sunday, the minister recalled that he recently met the chairman of Mercedes Benz company which launched an electric vehicle. "He (the chairman) told me they would make electric [...]
Equity benchmark indices gained in early trade on Monday after falling in the previous two trading sessions, amid buying in index heavyweights ITC, ICICI Bank and Infosys. The 30-share BSE Sensex climbed 91.03 points to 63,070.40 points in early trade. The NSE Nifty advanced 39.30 points to 18,704.80 points. From the Sensex pack, ITC, Hindustan [...]
S&P Global Ratings on Monday retained India's GDP growth forecast at 6 per cent saying it will be the fastest growing economy among Asia Pacific nations. The GDP growth forecast for the current and the next fiscal has been kept unchanged from the forecast made in March partly on account of domestic resilience. "We see [...]
On Friday, domestic benchmark indexes closed in the red. The BSE Sensex fell 259.52 points, or 0.41%, ending the week at 62,979.37. Similarly, the NSE Nifty 50 fell 105.75 points, or 0.56%, to 18,665.50. Meanwhile, here are six stocks in which the brokerages recommend an upside of up to 60%: Hindustan Oil Exploration Company Ltd: [...]
