The Ministry of Heavy Industries is set to launch a tender for the procurement of 10,000 electric buses as part of its efforts to accelerate the adoption of electric vehicles (EVs) and reduce carbon emissions from public transport. This initiative, expected to be a significant step in the country's green mobility transition, has already sparked [...]
Government of India has cut the allocation of lower-priced domestic gas to city gas distribution (CGD) companies. As a result, these companies will now have to depend more heavily on costlier gas supplies for their domestic and transport gas segments, which is likely to impact their profit margins. This policy shift triggered a decline in [...]
The shares of one of the leading financial services banks in India jumped upto 6 percent in the day’s trade followed by reports of lower than estimated impact on company’s financial statements. Price Movement With a market capitalization of Rs 58,140 lakh crores, the shares of IndusInd Bank Ltd were by 6 percent and made [...]
The shares of a state-owned financial institution that supports the development of renewable energy and energy efficiency projects in India 7 percent upon following the Q4 results with a 49 percent rise in Profit YoY Price action With a market capitalization of Rs. 47,156.83 crores on Wednesday, the shares of Indian Renewable Energy Development Agency [...]
The shares of one of the leading Infrastructure stocks, specializing in providing engineering, procurement, and construction (EPC) services to renewable energy and the solar power sector, hit 5 percent lower circuit as SEBI Bans Promoters from the Securities Market. Price action With a market capitalization of Rs. 469.90 crores on Wednesday, the shares of Gensol [...]
During Wednesday’s trading session, the shares of a micro-cap company engaged in manufacturing and installing a diverse range of aluminium products surged nearly 15.5 percent on NSE, after securing work orders worth a total of Rs. 23 crores from the Tata Group and others. Price Movement: With a market cap of Rs. 150.3 crores, at [...]
During Wednesday’s trading session, the shares of a leading provider of integrated electrical and firefighting services hit a 5 percent upper circuit on NSE, after the company announced receiving two work orders for electrical works and solar installation. Price Movement With a market cap of Rs. 76.2 crores, at 11:42 a.m., the shares of Rulka [...]
The shares of a penny stock specializing in providing end-to-end cash and digital payment, including ATM/CRM outsourcing, cash management, and digital payment services solutions, are in focus upon a Bulk Deal Involving approximately Rs. 71.48 Lakhs Price action With a market capitalization of Rs. 86.70 crores on Wednesday, the shares of AGS Transact Technologies Ltd [...]
The shares of the Oil & Gas stock specializing in exploration, development, and production of crude oil & natural gas, transportation of crude oil, and production of LPG are in focus upon winning oil and gas exploration blocks bid under OALP Round IX. Price action With a market capitalization of Rs. 59,907.96 crores on Wednesday, [...]
The Relative Strength Index (RSI) is a technical indicator used in financial markets to measure the speed and change of price movements. It ranges from 0 to 100 and is typically used to assess whether a stock or asset is overbought or oversold. An RSI value above 70 indicates that the asset might be overbought, [...]
