In Wednesday's trading session, shares of one of the leading player in the Indian infrastructure sector, specializing in construction, engineering, and project development, in focus following the approval of Scheme of Arrangement and Merger by Absorption of its wholly-owned subsidiaries. Price action With a market capitalization of Rs. 8,541.59 crores on Wednesday, the shares of [...]
In today’s fast-paced world, electronic manufacturing companies are the backbone of technological progress. They produce the devices we use daily, from smartphones to home appliances. Their innovative technologies make communication, work, and entertainment more accessible. These companies drive economic growth by creating jobs and supporting industries. Additionally, they foster technological advancements, improving efficiency in healthcare, [...]
In Wednesday’s trading session, the shares of a leading infrastructure stock operating in Project Management Consultancy, Engineering Procurement & Construction, and Real Estate, jumped 3 percent after receiving multiple orders worth a total of Rs 405.08 crores. Price Action With a market capitalization of Rs. 22,698 cr, the shares of NBCC Ltd. were trading at [...]
In Wednesday's trading session, shares of one of the leading housing finance company in India, specializing in providing home loans to the underserved and economically weaker sections of society, jumped up to 3.25 percent following the bulk deal of a 0.84 percent stake involving Government Pension Fund Global. Price action With a market capitalization of Rs. [...]
In Wednesday's trading session, shares of one of the leading steel stock, specializing in manufacturing large-diameter pipes, including stainless steel pipes, tubes, and bars, jumped 6.5 percent upon signing a Memorandum of Understanding (MOU) with Saudi Aramco for the establishment of a line pipe manufacturing facility in Saudi Arabia. Price action With a market capitalization [...]
The future of engineering, procurement, and turnkey (EPC) project companies in India's infrastructure sector looks highly promising. With significant government investments in infrastructure development, such as the National Infrastructure Pipeline (NIP), and ambitious projects like smart cities, highways, and renewable energy, the demand for EPC companies is set to grow. These firms will play a [...]
India’s leading PSU banks like Punjab & Sind Bank, Central Bank of India, and three others in focus after the Government of India plans to sell a stake in it and raise nearly Rs. 10,000 Crores, here's why. What Happened The Government of India has been actively pursuing the divestment of its stake in various [...]
In Wednesday's trading session, shares of one of the leading PSU stock under the Ministry of Railways, specializes in financing Indian Railways, jumped up to 3.5 percent after emerging as the lowest bidder (L1) for financing Rs. 3,167 crores Loan for development of Banhardih Coal Block Project. Price action With a market capitalization of Rs. [...]
Telecom stock, engaged in telecommunications and electronics manufacturing jumped up to 4 percent following a strategic partnership with the Taiwan-based KunWay Technology to manufacture drones in India. Price Action With a market capitalization of Rs 5,973.08 Crores on Monday, the shares of Optiemus Infracom Limited were trading at Rs 687.10, down 1.3 percent compared to [...]
Auto Ancillary stock engaged in manufacturing and supplying automotive components to major players like KTM, Triumph, TATA Motors, and many more jumped upto 6 percent in the day’s trade following the strategic acquisition of a leading vehicle motor manufacturer for Rs. 1,372 Crores. Price Action With a market capitalization of Rs. 13,616 Crores, the shares [...]
