Shares of this microcap company clocked 10 percent upper circuit after receiving an order from the Ministry of Defence. In one year, the shares have delivered a whopping return of 100 percent to its shareholders. With a market capitalization of Rs. 61.9 crores, the shares of Ameya Precision Engineers Ltd started Wednesday’s trading session on [...]
Before the elections, the BJP manifesto emphasized broad-based development through government initiatives with significant socio-economic impacts. Key priorities included infrastructure development, making India a global manufacturing hub, and focusing on capital expenditure (Capex). The BJP aimed to strengthen digital and physical infrastructure, empower MSMEs, and provide piped natural gas connections to major cities and towns. [...]
Share price of India’s largest crude oil and natural gas company surged nearly 2.02 percent on NSE to Rs. 279.1 in the morning trading session of Wednesday, after the global brokerage firm Jefferies retained its ‘buy’ call on the stock with a potential upside of nearly 41 percent. At 09:33 a.m., the shares of Oil [...]
On June 4, 2024, during the Lok Sabha Election results day, the Indian Benchmark indices slumped by upto 9 percent and closed 6 percent down in the day’s trade, followed by speculations that the I.N.D.I.A may gain majority or the N.D.A alliance didn't achieve the targeted seats even though they won the elections by majority. [...]
The shares of the leading public financial institutions gained 16 percent in two trading sessions after the cabinet approved government support for the construction of 3 crore additional rural and urban hoses under Pradhan Mantri Awas Yojana (PMAY). With a market capitalization of Rs 56,573.69 crore, the shares of Housing & Urban Development Corporation Ltd [...]
Share price of a blue-chip Government of India Navratna Enterprise under the Ministry of Housing and Urban Affairs surged 11.6 percent to hit an intraday high at Rs. 159.5, after the company received work orders for a total of Rs. 878.17 crore from different clients including Oil India Limited. At 03:03 p.m., the shares of [...]
The share price of this steel firm gained 8 percent to an intraday high of Rs 1,280.00 per share on Tuesday after the company received 3 work orders worth Rs 23.7 crores from wagon manufacturing clients. With a market capitalization of Rs 1,048.36 crores, at 3:00 pm ., the shares of Cosmic CRF Ltd company [...]
The US-based Distributor American Natural Soda Ash Corporation, On June 10, 2024, hiked export prices by US$25.00/MT on all non-contract sales of soda ash, and on contracted sales when contracts allow, effective from July 1, 2024. According to analysts at Emkay Research, prices of soda ash fell by 21 percent in the March quarter of [...]
Ashwini Vaishnaw took oath as a railway minister for the second time in the Modi 3.0 government. This development led investors to anticipate the continuation of growth-oriented policy initiatives in the railway sector under the BJP-led NDA government. Ashwini Vaishnaw took on the role of Railway Minister in July 2021 during the second term of [...]
JM Financial, a domestic brokerage firm, assumed Jio Financial Services and Zomato might join the nifty if added to futures and options, and Trend Ltd is also anticipated to be included in the nifty, according to the brokerage. The National Stock Exchange of India (NSE) has numerous significant indices, including the Nifty 50, which measures [...]
