Unemployment rate in the country has zoomed to a high of 8.3 per cent in December, the highest in 2022, according to data from Centre for Monitoring Indian Economy (CMIE). The unemployment rate during November was at 8 per cent, while in September it was the lowest at 6.43 per cent and was at the [...]
The Indian benchmark equity indices BSE Sensex and NSE Nifty open higher on the first trading session of the year. Nifty opened higher to trade at 18,128, up by 20 points while Sensex gained 41 points, trading at 60,881. As the markets zoomed, here are 3 Jindal group stocks that have reached a new 52-week [...]
Tata Steel and Hindalco Industries emerged as the top gainers in Nifty 50 in Monday’s intraday trades after global brokerage Jefferies upgraded these shares to ‘Buy’ from ‘Hold’. Tata Steel is Jefferies’ top pick in the Indian metal space, followed by Hindalco Industries. The shares of Tata Steel gained 5.05% to reach an intraday high [...]
Toyota Kirloskar Motor on Sunday reported a 3.8 per cent decline in its dispatches to dealers at 10,421 units in December 2022. The company had clocked wholesales of 10,834 units in December 2021, Toyota Kirloskar Motor (TKM) said in a statement. For the calendar year 2022, total wholesales were at 1,60,357 units as against 1,30,768 [...]
Maruti Suzuki India Ltd on Sunday reported a 9 per cent decline in total wholesales at 1,39,347 units in December 2022 compared to the year-ago month. The company had clocked a total sales of 1,53,149 units in the same month in 2021, Maruti Suzuki India (MSIL) said in a statement. Total domestic wholesales were at [...]
The shares of GM Polyplast LTD rose 5% on Monday to reach a fresh 52-week high of ₹ 1282.85 apiece by 11:56 AM on the National Stock Exchange (NSE). Its shares hit the 5% upper circuit for two days in a row. The company has fixed Wednesday, January 04, 2022, as the record date for [...]
Indian traders should follow seven steps, including knowing trade policy and rules of origin of respective products in Australia in order to take full advantage of the recently implemented free trade agreement, according to a study by GTRI. The India-Australia free trade agreement came into effect on December 29, 2022. The Global Trade Research Initiative [...]
The shares of BF Investment Ltd hit an upper circuit of 20 percent at Rs 350.50 levels on the first trading day of the year 2023. The shares soared after the company announced that its board is set to meet on Wednesday, January 4th, 2023 to consider a delisting proposal. DGM Realties Private Limited, along [...]
The shares of Kalpataru Power Transmission (KPTL) and JMC Projects (JMC) hit their respective 52-week highs on the National Stock Exchange (NSE) after fixing January 11, 2023, as the record date for their merger. The shares of KPTL rose 6.01% on Monday’s early trades to reach a fresh 52-week high of ₹ 592.50 apiece, while [...]
Power trading solutions provider PTC India on Monday said its shareholders have approved a final dividend of Rs 5.80 per equity share for 2021-22. This final dividend is in addition to the interim dividend of Rs 2 per equity share, a company statement said. The shareholders during the annual general meeting (AGM) on December 30, [...]
