The stock market fluctuates due to the daily tussle between the bulls and the bears. US markets have been weak amid the fear of recession and global demand issues. The paper manufacturing company stocks have surged as paper demand triggered after the ban on plastic use. Similarly, the market may record many stock-specific reactions, especially [...]
Tulsi Tanti, the founder chairman and managing director of Suzlon Energy and a renowned expert on renewable energy, died due to cardiac arrest on Saturday evening. Tanti, 64, who was also the chairman of the Indian Wind Turbine Manufacturers Association, was on his way to Pune from Ahmedabad when he suffered a cardiac arrest, a [...]
The shares of KEI Industries Limited have delivered a return of 19,608% to its shareholders in 9 years as the stock price has increased from Rs 7.25 in September 2013 to the current level of Rs 1,446. If an investor would have invested Rs 1 lakh in the shares of the company at those levels [...]
Market barometers dropped and extended losses after a gap down opening on Monday. The BSE Sensex was trading at around 57,400 points while the Nifty was at around 17,100 points. Healthcare stocks gained but financial, metal, oil & gas and auto shares, dragged the indices to the red. On Wednesday, the Rupee stooped to an [...]
Reliance Jio, the nation's biggest telecom firm, will expand 5G telephony services offering ultra high-speed internet connectivity to every part of the country by December 2023, its chairman Mukesh Ambani said on Saturday. Jio had in September 2016 made an entry into the telecom sector, offering free voice calls and dirt-cheap data, forcing the competition [...]
LIC increases its stake in this chemical stock and analysts see an upside of 42% The shares of Deepak Nitrite Limited had gained approximately 2 per cent and were trading at Rs 2,045 levels in the afternoon on Friday. In the past three months, the stock has gained approximately 18 per cent. Life Insurance Corporation [...]
The changes in the New NIFTY 50 have come into effect from today i.e, September 30th, 2022. Adani enterprises is set to replace the former smallest constituent of the index- Shree cement. According to a report published by Edelweiss Securities Limited, Adani enterprises’ inclusion in the index will weigh 1.29% of the total index. The [...]
A company generally decides to split its shares mainly because of two reasons. The first is to improve the trading liquidity in the market and the second reason is to make the stock seem more affordable to investors. The number of shares outstanding increases and the price per share decreases, keeping the total market capitalization [...]
Medical equipment manufacturer Airox Technologies has filed preliminary papers with capital markets regulator Sebi to raise Rs 750 crore through an initial public offering (IPO). The IPO is entirely an offer-for-sale (OFS) of equity shares by promoters -- Sanjay Bharatkumar Jaiswal and Ashima Sanjay Jaiswal, according to the draft red herring prospectus (DRHP). Under the [...]
The shares of Bharti Airtel Limited were trading in green at Rs 768 levels till 111.30 am on Friday. Last week the stock rallied and reached its all-time high of Rs 797. So far this year, the stock has been volatile and gained approximately 11 percent YTD. Prime Minister Narendra Modi is officially going to [...]
