Benchmark BSE Sensex and Nifty ended lower on Wednesday, dragged down by losses in banking stocks amid weak global market trends. The 30-share Sensex declined by 168.08 points or 0.28 per cent to settle at 59,028.91. During the day, it fell 474.1 points or 0.80 per cent to 58,722.89. The broader NSE Nifty dipped 31.20 [...]
Telecommunications Provider Vodafone Idea’s shares zoomed 8.74% on Wednesday's intraday trades on the back of heavy volumes, in an otherwise weak market. The share price of the company reached an intraday high of ₹ 9.95 apiece and had closed at ₹ 9.15 on Tuesday. The company’s shares were trading at their highest level since May [...]
Asia's richest man Gautam Adani on Wednesday said his ports-to-power conglomerate will build three giga factories for manufacturing solar modules, wind turbines, and hydrogen electrolyzers as part of a USD 70 billion investment in clean energy by 2030. Adani group is stepping up investments across the green energy value chain as it aims to become [...]
The shares of Ambuja Cements Limited opened at Rs 439 on Wednesday and climbed up by approximately 4 percent to reach its new all-time high of Rs 457.50. The stock surpassed its previous all-time high of Rs 442.95 which it reached in September 2021. The stocks made a new high ahead of the closure of [...]
The shares of Banswara Syntex Limited opened at Rs 235 on Wednesday. In the past five days, the stock has shed 1.2 per cent. So far this year, the stock has been volatile and gained approximately 1.3 per cent. In September 2020, the stock was trading at Rs 69.90 a piece on NSE. From there [...]
Tata Motors is investing up to ₹ 4,000 crores in the next two years to revamp and rationalise its product portfolio and introduce cleaner powertrains. It seeks to meet future emission norms of the industry that appear to be on course to scaling a fresh peak in sales volumes. The brokerage remains convinced of JLR [...]
Richest Indian Gautam Adani's conglomerate has cited an improved net debt to operating profit ratio and more than halving of loans from public sector banks to allay concerns about it being overleveraged. In a 15-page note in response to CreditSights report calling the group overleveraged, it said companies in the group have consistently de-levered, with [...]
The Sensex and Nifty closed modestly lower on Tuesday after investors offloaded FMCG, IT and banking stocks in the last hour of trade amid mixed global cues. The selling pressure emerged towards the fag-end of the session. After rising over 320 points in intra-day trade, the 30-share BSE Sensex pared all gains to settle 48.99 [...]
The shares of Lykis Limited opened at Rs 53 on Tuesday and climbed 3.7 per cent to reach its new 52-week high of Rs 55.10. The stock has zoomed by more than 45 per cent in the past five days. Ace investor Vijay Kedia holds 18,07,911 shares which makes up a 9.33 per cent stake [...]
The shares of Federal Bank Limited witnessed a sharp surge of 8.53 per cent on Monday's early trades and clocked a fresh 52- week high of ₹ 129.75 apiece. This happened after media reports regarding the bank’s merger with Kotak Bank surfaced. The private sector lender, Federal Bank, said that the media reports about the [...]
