Adani Transmission has formed a subsidiary, BEST Smart Metering Ltd (BSML), to undertake the smart meter business. BSML is incorporated in India and registered with the Registrar of Companies, Gujarat at Ahmedabad on 27th December 2022 and is yet to commence its business operations, a BSE filing stated. "Company has incorporated a wholly-owned subsidiary company [...]
The shares of Hariom Pipe Industries gained 17.67% to reach a fresh 52-week high (record high) of ₹ 403.55 apiece on the National Stock Exchange (NSE). Its shares were trading at 392.45 apiece at 12:24 PM on Wednesday. The company in a stock exchange filing said that it had entered into an asset transfer agreement [...]
The shares of Indowind Energy Limited were locked in an upper circuit of 5 percent at Rs 15.25 on Wednesday’s trading session. The stock gained after the board of the company approved the right issue of shares. As per the meeting held on December 27th, 2022, the board of the company has approved the Rights [...]
Investors in the stock market prefer dividend stocks as it not only helps them achieve returns in the form of value appreciation but also in the form of dividends, which acts as a passive and consistent source of income. As we are in the last week of the year, here is a list of the [...]
The shares of Fertilisers & Chemicals Travancore Ltd gained for the second day in a row. They surged 9.99% on Tuesday’s early trades and were quoting at ₹ 294.00 apiece at 11:15 AM. More than 42 lakh shares changed hands on the National Stock Exchange (NSE). Fertilisers & Chemicals Travancore Ltd is under the administrative [...]
In a major boost to the preparedness of the armed forces, the Defence Ministry approved the procurement of military equipment and weapons worth ₹ 84,328 crores. This includes light tanks, anti-ship missiles, long-range guided bombs and next-generation offshore patrol vessels. The Defence Acquisition Council (DAC) headed by Defence Minister Rajnath Singh accorded approval for 24 [...]
"We expect sectors like Entertainment, QSR, Hotels, Travel & Tourism to see decline as the government has initiated various precautionary measures. However, any decline will be a good opportunity to gradually accumulate fundamentally quality stocks." - Motilal Oswal Financial Services Amid global volatility, here are 7 stocks to buy for an upside of up to 88%: Devyani [...]
The Shares of Fredun Pharmaceuticals Ltd have delivered 8,820% in just six years, as the share price has risen from Rs 12.5 in March 2016 to the current level of Rs 1,114 on the BSE. Fredun Pharmaceuticals Limited has established itself as a reliable and ethical Company over the years. The company is into manufacturing [...]
Global trends and the COVID situation in China would drive the equity markets this week, which may also see volatility amid the scheduled derivatives expiry on Thursday, said analysts. According to analysts, investor sentiment remained subdued last week amid surging COVID cases in China and a few other nations. Also, stronger US growth data has [...]
NForeign investors have infused a net Rs 11,557 crore in Indian equities in December so far despite a market correction and increasing concerns over re-emergence of COVID in China and some other parts of the world. Going ahead, macro data from the US and COVID news will drive FPI flows and the [...]
