In Thursday’s trading session, the shares of a leading player in the power transmission and distribution business hit a 5% upper circuit at Rs. 1,648.9, after reporting financial results for Q1 FY24-25 with a rise in the net profit by 103 percent QoQ and 376.4 percent YoY. With a market capitalisation of Rs. 42,219.5 crore, [...]
The shares of the company, which operates in the FMCG sector, surged to a 20% upper limit after the board approved a bonus issue in a 4:1 ratio. On Thursday’s trade, Goel Food Products Ltd shares hit a 20% upper circuit, reaching a 52-week high price of ₹49.32 apiece on the Stock Exchange. The company [...]
The company is one of India’s largest CNC machine tool manufacturers, offering a diverse range of products including Turning Centres, Turn-Mill Centers, Vertical Machining Centers (VMC), Horizontal Machining Centers (HMC), 5 Axis Machining Centers, Multi-tasking Machining Centers, along with Industry 4.0 and Artificial Intelligence (AI) solutions. Share Price Movement Jyoti CNC Automation Ltd. was listed [...]
The Indian banking sector, comprising 12 public sector banks, 22 private sector banks, and 46 foreign banks, serves over 200 million customers. With total assets exceeding USD 2 trillion and a credit growth rate of 18%, it plays a pivotal role in the nation's economic development and financial inclusion. Here are the bank stocks with [...]
Sebi chief Madhabai Puri Buch said an annual loss of Rs 50,000 - Rs 60,000 crore of household savings through derivatives trading is a macro concern. The same money could get deployed into IPOs, mutual funds, or other productive uses for the Indian economy. The Sebi believes there is excessive speculative trading activity taking place [...]
The share prices of these two fertilizer companies remained in focus after Competition Commission of India approved a proposed merger and arrangement between them. Share price movements: With a market capitalization of Rs 7,520.41 crores the shares of Paradeep Phosphates Limited (PPL) closed at Rs 92.30 on Wednesday. With a market capitalization of Rs 1,623.66, [...]
The share price of this leading IT stock surged 3 percent after the United States Patent and Trademark Office (USPTO) granted two new patents to a wholly-owned subsidiary of this IT and communication services company. Price Movement In Wednesday’s trading session, Tanla Platforms Ltd.'s share price rose to Rs.991 per share, a 2.5 percent increase [...]
Capacity expansion is a strategic decision that involves increasing the production capability of a business to meet growing demand or capture new opportunities. It can involve investing in new facilities, equipment, technology, or human resources, or optimising existing ones. Businesses pursue capacity expansion to achieve various goals, including increasing sales and market share, enhancing customer [...]
The Benchmark Indices concluded Wednesday's trading session positively, with the Sensex rising by 285.9 points, or nearly 0.35 percent, ending the day at 81,741.34. Meanwhile, the Nifty 50 index increased by about 93.8 points, equivalent to a gain of nearly 0.38 percent, and closed in the green at 24,951.15. Over the previous five trading sessions, [...]
The shares of the leading plywood manufacturer gained up to 15 percent after the company’s net profit and revenue increased by 468 percent and 36 percent YoY, respectively in Q1FY25. With a market capitalization of Rs 4,390.26 crore, the shares of Greenply Industries Ltd were trading at Rs 354.25 per share, increasing around 9.15 percent [...]
