Life insurance in India remains underpenetrated compared to other countries, with a low penetration rate despite growing awareness. The sector is gradually gaining traction, driven by increased disposable income, a young population, and rising awareness about financial security. Companies like LIC, SBI Life, and HDFC Life dominate the market, offering a variety of products tailored [...]
In Thursday's trading session, shares of one of the leading green energy PSU,under the Ministry of the Government, specialising in the development, operation, and management of renewable energy projects, were in focus following the incorporation of a new joint venture with Rajasthan Rajya Vidyut Utpadan Nigam Limited (RVUNL) Price action With a market capitalization of [...]
The real estate sector in India has been a key driver of economic growth, and in 2024, it continues to capture the attention of investors. Real estate stocks, particularly those from large developers, have seen significant interest due to the sector’s recovery post-pandemic. The sector's resilience is backed by growing demand for residential, commercial, and [...]
The Non-Banking Financial Company (NBFC) sector in India plays a vital role in providing financial services, including loans, asset management, and investment services, especially in areas under-served by traditional banks. The sector includes prominent players such as Bajaj Finance, Manappuram Finance, HDFC Ltd., and Shriram Transport Finance. NBFCs are also involved in trading securities, with [...]
Institutional buying plays a crucial role in shaping the direction of the Indian stock market. It indicates confidence in a particular stock or sector, as institutions such as mutual funds, insurance companies, and foreign investors bring significant capital to the market. Their purchases often signal a positive outlook on the economy or specific companies, influencing [...]
Transformer stock engaged in manufacturing, and supplying a wide range of transformers in focus upon receiving a new work order worth Rs. 41 Cr from Adani Power and Mahan Energen Limited (Wholly Owned Subsidiary of Adani Power Limited). Price Action With a market capitalization of Rs. 9,956.97 Cr, the shares of Voltamp Transformers Ltd were [...]
This Mahindra Group stock which deals in the business of automobiles with a presence across 2-wheelers, 3-wheelers, CVs, PVs, tractors, and earthmovers is in focus after the company announced an EV Manufacturing & Battery Assembly facility in Chakan. Stock Price Movement With a market capitalization of Rs 3,88,148.87 crore, on Tuesday, the shares of Mahindra [...]
PSU stock with a vision to build world-class durable infrastructures in focus this Wednesday, after it signed MoU with a Dubai-based firm to transform the civil infrastructure landscape in the Gulf Cooperation Council (GCC) countries. Price Action With a market capitalization of Rs. 86,830 Crores, the shares of Rail Vikas Nigam Limited were trading at [...]
Shares of this Jindal group company, which is in the business of textile engaged in Denim fabric, yarn dyeing, premium shirtings, bottom weights, and home textiles was up by 5.5 percent intraday trade to Rs.470.95 per share, following the announcement of the bonus share issue. Price Variation In Wednesday’s session, Jindal Worldwide's share price jumped [...]
The real estate sector in India has been a key driver of economic growth, and in 2024, it continues to capture the attention of investors. Real estate stocks, particularly those from large developers, have seen significant interest due to the sector’s recovery post-pandemic. The sector's resilience is backed by growing demand for residential, commercial, and [...]
