The Indian government has imposed a Minimum Import Price (MIP) of Rs. 20,108 per tonne on Disodium Carbonate which is also known as Soda Ash until June 30, 2025. The Directorate General of Foreign Trade (DGFT) issued a notification outlining this policy change. The MIP would regulate imports of soda ash to protect domestic industries [...]
According to business standards, India's IT sector is a powerhouse, projected to reach $138.9 billion in spending by 2024, growing at 13.2% year-on-year. The industry contributes approximately 7.4% to India's GDP and employs around 5.4 million people, making it a vital component of the nation's economic landscape. On December 31, information technology equities fell under [...]
This Microcap stock which is under Rs. 50 which specializes in the business of involved EPC Power and Solar projects and other activities hit a 10 percent upper circuit after the company received an order worth Rs. 55.43 crore for 132/33 kV substation project. Price Action With a market capitalization of Rs. 110.68 Crores, the [...]
The chemical sector in India is a significant contributor to the country's industrial growth, spanning a wide range of industries, including agriculture, pharmaceuticals, textiles, and manufacturing. With increasing demand for specialty chemicals, agrochemicals, and industrial chemicals, the sector has substantial growth potential. India's growing industrial base, infrastructure development, and rising export opportunities are driving the [...]
In Tuesday's trading session, shares of one of the leading agricultural stocks, specializing in the production and distribution of a wide range of edible oils, oilseeds, and other agricultural products, jumped by upto 3 percent following the acquisition of a fixed asset in the form of an edible oil refinery at Mangalore from Sri Anagha [...]
The shares of this infrastructure company jumped 5 percent after the company bagged significant work orders from M/s.CMK Projects Private Limited for Rs 86.26 crore. With a market capitalization of Rs 753.95 crore, the shares of W S Industries (India) Ltd were trading at Rs 119.02 per share, increasing around 4.25 percent as compared to [...]
In Tuesday's trading session, shares of one of the leading steel products manufacturing stocks, specializing in the design, engineering, and construction of renewable energy solutions, jumped by upto 5 percent upon receiving orders worth Rs. 165.70 crores across multiple segments from multiple clients. Price action With a market capitalization of Rs. 2,731.25 crores on Tuesday, [...]
The real estate sector in India has been a key driver of economic growth, and in 2024, it continues to capture the attention of investors. Real estate stocks, particularly those from large developers, have seen significant interest due to the sector’s recovery post-pandemic. The sector's resilience is backed by growing demand for residential, commercial, and [...]
This Penny stock which operates in the business of financing and investing hit 5 percent upper circuit intraday trade after the company announced a new platform that involves EV finance. Price Action With a market capitalization of Rs. 399.48 Crores, the shares of Mangalam Industrial Finance Limited were up by 4.8 percent in the day’s [...]
The Non-Banking Financial Company (NBFC) sector in India plays a vital role in providing financial services, including loans, asset management, and investment services, especially in areas under-served by traditional banks. The sector includes prominent players such as Bajaj Finance, HDFC Ltd., and Shriram Transport Finance. NBFCs are also involved in trading securities, with companies like [...]
The biotec sector in India is experiencing significant growth, driven by advancements in research, innovation, and government support. India is emerging as a global hub for biotechnology, with opportunities in areas like pharmaceuticals, healthcare, agriculture, and industrial biotechnology. The sector benefits from a skilled workforce, increasing investments, and a growing focus on biopharmaceuticals and gene [...]
The shares of the project management company fell 2 percent despite the company bagging a prestigious work order from Petronet LNG Limited for Rs 17.85 crore. With a market capitalization of Rs 191.54 crore, the shares of Konstelec Engineers Limited were trading at Rs 127 per share, decreasing around 2 percent as compared to the [...]
This Microcap stock which operates in the business of manufactures and sells Plastic Articles and related products was in focus after the company announced production capacity expansion by 25 percent. Price Action With a market capitalization of Rs. 178.20 Crores, the shares of Prima Plastics Limited were up by 2.5 percent in the day’s trade [...]
A promoter take sale refers to when the company's promoters (founders or major shareholders) sell a portion of their stake in the company. This move can signal several things, such as personal financial needs or a shift in the promoter's commitment to the company. However, it can be perceived negatively by investors, as it may [...]
The Cardano (ADA) token has been seen in a positive light with its numerous features, including staking, trading, and decentralized app (dApp) development. This setup has largely helped drive the ADA price, evident in its 52% increase over the past year. However, ADA isn’t the only DeFi token doing great numbers in the crypto market. [...]
The shares of the project management service provider gained up to 3 percent after the company bagged a new project from the Ministry of Road Transport and Highways worth Rs 3.71 crore. With a market capitalization of Rs 59.66 crore, the shares of Artefact Projects Ltd were trading at Rs 82.00 per share, increasing around [...]
In Monday’s trading session, the shares of one of the leading logistics stocksspecializes in providing comprehensive multimodal logistics solutions jumps upto 5 percent following the acquisition of majority of stake in Kaizen Logistics Ltd. Price action With a market capitalization of Rs.546.43 Crores on Monday, the shares of AVG Logistics Limited jumped 5 percent, rising [...]
In Monday’s trading session, the shares of one of the leading PSU stocks specializing in the refining, marketing, and distribution of petroleum products in focus following plans to invest $11 billion (Rs. 1,100 crores) in the southern Andhra Pradesh state for a new refinery and petrochemical project. Price action With a market capitalization of 1,27,313 [...]
In Monday’s trading session, the shares of one of the leading telecommunications stock in India specialized in providing a wide range of mobile and internet services jumps upto 7 percent following Update on Waiver of Bank Guarantees for Telecom Operators Spectrum Purchases. Price action With a market capitalization of 52,065 Crores on Monday, the shares [...]
In Monday's trading session, shares of one of the leading PSU stocks under the Ministry of the Government, specializing in the generation and distribution of electricity, were in focus following a partnership with the US-based Clean Core Thorium Energy to explore the development and deployment of advanced nuclear energy for an enriched life. Price action [...]
