Adani Green Energy Ltd (AGEL) on Wednesday said it has received a recognition for conserving water against consumption. "AGEL has been certified Water Positive by DNV, an independent global assurance agency. The verification statement signifies that AGEL's water conservation is greater than consumption," a company statement said. DNV conducted qualitative and quantitative assessment of water [...]
Shares of Patel Engineering Ltd were on a roll after ace investor Vijay Kedia bought a stake in the company. Its share price surged 18.48% on Wednesday’s early trades to reach an intraday high of 17.95 apiece on the National Stock Exchange against a closing price of ₹ 15.15 apiece on Tuesday. At 12:32 PM, [...]
Stocks of Bajaj Electricals Limited started its trading session at Rs 1,044 and currently trade at Rs 1,076. The scrip is up around 3.1 percent as compared to the previous closing price of Rs 1,043.35. In the last 5 trading sessions, the stock has gained around 2.8 percent ranging from Rs 1,046 to the current [...]
With a market capitalization of ₹ 7,539 crores, Shyam Metalics and Energy Ltd is a small-cap stock in the iron and steel sector. It produces long steel products and ferroalloys. In fact, it is one of the largest producers of ferroalloys in terms of installed capacity in India. In a recent research report, ICICI Securities [...]
After breaching the ₹ 400.00 mark, shares of ITC Ltd reached a new all-time high of ₹ 402.00 apiece on Tuesday. At 11:22 AM on Wednesday, its shares were trading at ₹ 401.00 apiece on the National Stock Exchange (NSE). Popularly known as a meme stock, its share price has risen by a whopping 53.32 [...]
Government-owned steel companies have cleared Rs 7,673.95 crore dues of various MSMEs during FY23, 39.3 per cent higher than Rs 5,511.07 crore paid during the preceding fiscal, the steel ministry said. "The status of pending payments to MSMEs by CPSEs (Central Public Sector Enterprises) of the ministry is being monitored on a weekly basis to [...]
WPIL Limited stocks started its trading session at Rs 2,708.50 and currently trade at Rs 2,709. The scrip gained around 2 percent as compared to the previous closing price of Rs 2,655.35. Since the start of February 2023, the stock has been on a rise and has gained multibagger returns of around 140 percent for [...]
RattanIndia Enterprises on Tuesday launched a wholly-owned subsidiary Neobrands, marking its entry into the fast-growing apparel fashion business. Neobrands will be a house of brands across multiple fashion categories, including everyday fashion, denim, athleisure and performance wear categories, a statement from RattanIndia Enterprises said. In the first phase, all these brands will be digital native [...]
Bay Capital Investment Advisors, an India-focused investment manager, is expecting to garner Rs 5,000 crore in AUM from its maiden equity, long-only, category III open-ended AIF, over the next five years. The fund would seek to generate long-term capital appreciation by investing in a diversified portfolio of up to 30 businesses across consumption, digitization, financialization, [...]
Rating agency Crisil on Tuesday reported a nearly 20 per cent on-year rise in net profit to Rs 145.8 crore in the first quarter ending March 2023. The company said consolidated income for the quarter rose by 19.1 per cent to Rs 732.2 crore compared to the year-ago period. Amish Mehta, the managing director & [...]
