Once leading the semiconductor industry, Intel Corporation is the subject of much scrutiny today as it grapples with stiff societal challenges. With specific competitors like Nvidia and TSMC eclipsing Intel in AI and chip manufacturing respectively, the company has also started suffering from loss of profitability and market share. However, The appointment of Lip-Tan Bu [...]
The Solar Energy Corporation of India (SECI), a CPSU under the Ministry of New and Renewable Energy has announced the results of its auction under the Strategic Interventions for Green Hydrogen Transition (SIGHT) Program (Mode-1-Tranche-II) while awarding a total annual green hydrogen production capacity of 4,50,000 metric tons (MT). The selected bidders will receive an [...]
Shares of major oil exploration companies gained momentum as the new oilfield development bill passed by the Lok Sabha may exempt oil and gas producers from windfall taxes, according to Petroleum Minister Hardeep Puri. The bill aims to strengthen the exploration sector by providing policy stability and extending lease durations. This decision addresses past concerns [...]
The shares of the pharmaceutical company specialzing in the Business of Formulation of pharmaceutical products, jumped upto 6 percent following the approval by the Australian TGA for producing pharmaceutical formulations. Price action With a market capitalization of Rs. 9,849.51 crores on Thursday, the shares of Marksans Pharma Limited jumped upto 5.9 percent making a high [...]
This Room Air Conditioner stock, which deals in the business of manufacturing air conditioners, non-air conditioner components, and one-stop solutions for the RAC industry, is in focus after it plans to double its revenue guidance in the next three years. Share Price Movement In Thursday’s trading session, Amber Enterprises India's share price was up by [...]
Buying fundamentally strong stocks near their 52-week lows can be a great opportunity. Companies with good, strong financials, financial management, and consistency which are currently undervalued due to market fluctuations have significant upside potential. The correction in the market can be used in such cases. This article contains the names of some of the stable [...]
Yesterday, several promoters took advantage of the market downturn by increasing their stake in their respective companies. This strategy signals confidence in the long-term growth potential of their businesses, as promoters often believe that the stock is undervalued during market corrections. These share purchases are closely watched by investors, as they indicate a commitment to [...]
This small-cap stock engaged in the construction and infrastructure development sector and focusing on projects like bridges, roads, and railway infrastructure across India, skyrocketed 14 percent after securing an order worth Rs. 481 crore from South Eastern Railway Kolkata Stock Price Movement: With a market capitalization of Rs. 1,325.56 crores, the share of GPT Infraprojects [...]
The shares of one of the leading electric vehicle (EV) manufacturers in India, specializing in the design, manufacturing, and development of electric vehicles (EVs), are in focus upon facing regulatory scrutiny upon the discrepancy between the number. Price action With a market capitalization of 22,998.07 Crores on Thursday, the shares of Ola Electric Mobility Limited [...]
This Mahindra Group stock engaged in residential and commercial real estate development and focusing on creating sustainable communities and offering innovative spaces across India, plunged 2 percent after Goldman Sachs sold a stake worth over Rs. 28 crore Stock Price Movement: With a market capitalization of Rs. 5,040.35 crores, the share of Mahindra Lifespace Developers [...]
