Bharat Electronics Ltd. (BEL) a Navratna PSU (since June 2007) and a leading supplier of radar, communication, and electronic warfare systems to the Indian armed forces, is in focus after Jefferies Reaffirms 'Buy' on it, and here's what it has to say regarding its future outlook. Stock Price Movement: With a market capitalization of Rs [...]
This leading Electronics Manufacturing Services (EMS) company, specializing in electronic system design and manufacturing, has secured a purchase order for the production and supply of assembled printed circuit boards (PCBs). Price Action: On Monday, with a market cap of Rs 967 crore. Vinyas Innovative Technologies Ltd. hit a day high of Rs 768.75 on Monday, [...]
The shares of one of the leading Aerospace, Defence & Space (A&D) companies is in focus, post acquisition of the remaining stake in Aerotek Sika Aviosystems Private Limited and stock split of 1:5. Price movement With a market capitalization of Rs. 1,049 Crores, the shares of Sika Interplant Sytems Ltd made a day high of [...]
Adani Group stocks are trading in the green on March 10 after a positive update from Fitch Ratings. The firm stated that risks related to the group’s liquidity and funding requirements have reduced. In a further boost, Fitch removed Adani Energy Solutions from its ‘Rating Watch Negative.’ The rating agency has affirmed Adani Energy Solutions' [...]
The shares of a FMCG stock, specializing in the manufacturing of snack foods, primarily focusing on products like chips, namkeens (savory snacks), and extruded snacks, are in focus following a Bulk deal involving Rs. 19 crores. Price action With a market capitalization of Rs. 2,607.10 crores on Wednesday, the shares of Prataap Snacks Limited jumped [...]
German pharma giant Boehringer Ingelheim’s diabetes drug Empagliflozin (type 2 diabetes) which is sold under the brand name Jardiance, its patent expiring on March 11, can allow Indian Pharma companies to launch affordable generics as per Times of India. Empagliflozin works in the Kidneys to prevent absorption of glucose or blood sugar, and this helps [...]
Rice stocks surged after the Indian government lifted the export ban on 100 percent broken rice on March 7. This was due to a sharp rise in inventories, which had reached nearly nine times the target by early February. India had initially banned 100 percent broken rice exports in September 2022 and later restricted other [...]
The shares of an Auto Ancillaries company, specializing in manufacturing and selling engine components, including valves, pistons, and piston rings, jumped upto 2 percent following the acquisition of 100 percent stake in Karna Intertech. Price action With a market capitalization of Rs. 8,149.88 crores on Monday, the shares of Shriram Pistons & Rings Ltd jumped [...]
This Tata Group Stock engaged in the business of generation, transmission, distribution of electricity and manufacturing of solar roofs, jumps 3% after signing an MoU with the Andhra Pradesh government to develop up to 7,000 MW of renewable energy projects. Stock Price Movement: With a market capitalization of Rs. 1,15,527.50 crores, the share of Tata [...]
This Infra stock, which deals in the business of infrastructure development related to power transmission, water treatment, waste management, and civil infrastructure, hit 5 percent after receiving an order worth ~Rs. 618 crore for Irrigation Project in Jharkhand. Share Price Movement In Monday’s trading session, SPML Infra's share price touched a day’s high of Rs. [...]
