Headline indices BSE Sensex and NSE Nifty 50 registered gains during the week. The Sensex started at 59679.66 points and gained 2.40% during the week to close at 61112.44 points. Similarly, the Nifty 50 started the week at 17657.45 points and gained 2.31% during the week to settle at 18,065.00 points on Friday. Top Gainers [...]
With a market capitalization of ₹ 30,248 crores, Oracle Financial Services Software Ltd is a mid-cap company that provides information technology solutions and business processing services to the financial services industry. Its segments include product licences and related activities, IT solutions and consulting services and Business Process Outsourcing Services (BPO-Services). The Mumbai-based company recently declared [...]
Benchmark indices were in the green today with Sensex gaining 463 points and standing at Rs 61,112.44 and Nifty gaining 150 points and currently standing at Rs 18,065. Listed below are 2 Multibagger Tata Group stocks that announced their results in the past week: Tejas Networks Limited Tejas Networks Limited is an optical and data [...]
Mahindra group company Swaraj Engines’s shares jumped 5.47% higher to reach an intraday high of ₹ 1,755.00 apiece on Friday, after it reported a 50.50% growth in its profit for the fourth quarter ended March 31, 2023 (Q4FY23) and recommended a dividend of ₹ 92 per share. At 02:11 PM, the company’s shares were trading [...]
In a filing with stock exchanges on Thursday, IT major Wipro communicated that its board has approved a buyback proposal for equity shares of the company. The large buyback totalling up to a value of Rs 12,000 crore comes after a long pause of two years. The investors cheered the decision taking the stock up [...]
Stocks of Indus Towers Limited rallied nearly 7 percent and currently trade at Rs 155. In the last 5 trading sessions itself, the company has been able to generate returns of around 11 percent for its stakeholders ranging from Rs 139 to the current price levels. The company, this week, announced results for the latest [...]
Shares of PI Industries Limited surged around 9.5 percent today and currently trade at Rs 3,358. The scrip, in the last one month period, has delivered returns of approximately 16 percent ranging from Rs 2,904 to the current price levels. One of the probable reasons for the stock prices to jump is pertaining to the [...]
The shares of Trent Ltd., a Tata Group stock fell as much as 5.5% during the first half of the trading session on Friday touching their low of Rs 1,306.20 apiece. The decline in share price comes on the back of weak results announced by the retail giant for the quarter ending March 2023. Owned [...]
A Foreign Institutional Investor (FII) is an investor or investment fund that is registered in a country other than the one it is investing in. Developing economies, in general, have been observed to have the highest volume of FII activities. One such emerging and developing market like India has observed huge sums of inflow by [...]
Hospitality major IHCL on Thursday reported a four-fold rise in its consolidated net profit in the fourth quarter ended March at Rs 338.84 crore, as against Rs 71.57 crore a year-ago. During the entire financial year of 2022-23, the company swung into a profit of Rs 1,052.83 crore, from a loss of Rs 264.97 crore [...]
