Development and testing of electric vehicles need to follow strict protocols and companies must not rush to the market in order to avoid incidents of vehicles catching fire, according to automotive industry leaders. With EVs (Electric Vehicles) still evolving, the manufacturers are in the process of learning and even the testing agencies are yet to [...]
The shares of Kshitij Polyline Limited opened at Rs 91.75 to reach its new 52-week high and got locked in an upper circuit of 5 per cent. In the last five days, the stock has zoomed by more than 17 per cent. In the span of a month, the stock has gained 70 per cent. [...]
Banking major, State Bank of India (SBI) Limited’s shares reached a lifetime high of ₹ 574.85 apiece on the National Stock Exchange (NSE). The shares surged 3.02% on Wednesday’s trades. The public sector lender stood seventh in the overall market cap ranking with a market cap of over ₹ 5 lakh crores on Wednesday’s trades. [...]
The auto component industry should focus on enhancing localisation, improving manufacturing quality and keep investing in emerging technologies for a sustainable growth, Maruti Suzuki Executive Chairman Kenichi Ayukawa said on Wednesday. Speaking at the 62nd session annual session of ACMA here, Ayukawa, who is also the president of auto industry body SIAM, noted that localisation [...]
There are generally two ways to earn in the stock market i.e, Capital appreciation and Dividends. While capital appreciation happens over time through active investing, Dividend is a source of passive income. Here are two stocks that will pay a dividend of more than 1000%: Bajaj Holdings And Investment Limited The shares of the Bajaj [...]
Headline Indices suffered deep cuts as they opened lower on Wednesday. The BSE Sensex quoted at 59417 points, down 1150 points, while the NSE Nifty 50 was at 17771 points, down 300 points. The thirty-share index reclaimed the 60,000 mark on Monday, whereas the fifty-share index reclaimed the 18,000 mark on Tuesday. However, the benchmark [...]
Shares of multiplex chains PVR and INOX Leisure defied the broader market trend and gained in the morning trade on Wednesday. The rise in shares came a day after the Competition Commission of India (CCI) rejected a complaint against the proposed merger of PVR and INOX Leisure, saying apprehension of likelihood of anti-competitive practices by [...]
Investors' wealth eroded by more than Rs 2.21 lakh crore in early trade on Wednesday, with the market witnessing a selling-off amid prospects of aggressive rate hikes by the US Federal Reserve to tackle high inflation, and sluggish global trends. In less than hour of the start of trading on Wednesday, the key indices -- [...]
Pondy Oxides & Chemicals Ltd. (POCL) is a small-cap company that is in the news these days. It operates in the chemical industry and is going to trade ex-dividend this week and ex-bonus this month. Ace investor Dolly Khanna holds a stake in this multibagger stock. The shares of the company shot up by 38.43% [...]
Domestic equity market benchmarks BSE Sensex and NSE Nifty 50 extended their winning streak to the fourth consecutive day on Tuesday. The BSE Sensex jumped 456 points or 0.8 per cent to end at 60571, while NSE Nifty 50 crossed the 18,000 mark after 4 months and ended at 18070. With the bullish sentiment in [...]
