Shares of this microcap company jumped around 6 percent in Friday’s trading session after receiving a Certificate of Contractor from the Government of Madhya Pradesh. The shares were listed on March 12, 2024, at a price of Rs. 90 per share, which is a 6 percent premium over the IPO price. With a market capitalization [...]
India’s Largest Insurance company with a market share of 58 percent in India, engaged in offering a range of individual and group insurance solutions jumped 5 percent in the day’s trade upon increasing its holding stake in Dr. Reddy’s Limited to more than 5 percent and plans to acquire a private health insurer for expansion. [...]
Share price of one of India’s leading Environmental Compliance and Consulting Firm surged 5.8 percent to Rs. 240 in the morning trading session of Friday, after the company secured a work order worth Rs. 2.06 crore from Maharashtra Pollution Control Board. At 10:40 a.m., the shares of Techknowgreen Solutions Limited were trading in the green [...]
Shares of this midcap company jumped around 4 percent in Friday’s trading session after multiple institutional investors like DSP Blackrock, Goldman Sachs (Singapore), Axis MF bought stakes in the company. With a market capitalization of Rs. 45,348 crores, the shares of L&T Finance Ltd started Friday’s trading session on a higher note at Rs. 178 [...]
The shares of this two-decade-old firm have been suspended from trading on the NSE and BSE due to the company's non-compliance with SEBI regulations. Effective today, June 14, trading of Brightcom Group shares has been suspended on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) until the company complies with the [...]
The shares of this public sector enterprise gained up to 6 percent after the company signed a memorandum of understanding for operations and management projects of the metro rail system. The shares of Rites Ltd were trading at Rs 714.30 per share, increasing around 4.55 percent as compared to the previous closing price of Rs [...]
A company’s guidance refers to the practice of providing financial forecasts or projections about their future performance and is typically based on the company's internal analysis and market conditions and is intended to enhance transparency and build trust with stakeholders, including investors and analysts. Following are the three companies that have provided strong growth guidance [...]
The Indian railway sector has seen significant growth in recent years, driven by government support, technological advancements, and rising demand. Further, investing in the best railway stocks in India offers several benefits, such as exposure to a growing sector, government support, diverse projects, and long-term growth opportunities. Additionally, the modernization of railways through technological advancements [...]
As soon as the news reports emerged that the Indian government is considering raising the Minimum Sale Price (MSP) for the 2024-25 sugar season, sugar stocks started trading higher on Thursday. Over the past month, sugar stocks have experienced a significant rise by 10-20 percent, whereas on 13th July, sugar stocks rallied up to 13 [...]
Transformers are devices used in electrical power networks to transmit electrical energy between circuits via electromagnetic induction. They can raise (step up) or lower (step down) voltage levels, increasing efficiency in power transmission and distribution while assuring a safe and dependable energy supply. The transformer industry is seeing a revolutionary increase, driven by India's inflated [...]
