On November 19, the Ministry of Heavy Industries restored subsidies for electric three-wheelers under the PM E-Drive scheme after the annual allocation for FY25 was exhausted. The government sanctioned additional funds to incentivize around 3,20,000 electric three-wheelers while keeping the focus on those with advanced battery technology for commercial use. On account of this development, [...]
The ethanol industry in India is expanding rapidly, driven by its crucial role in reducing carbon emissions and enhancing energy security. Ethanol, a biofuel derived primarily from sugarcane and other crops, is blended with petrol to reduce dependency on fossil fuels. This industry supports multiple sectors, including agriculture and energy, while providing a renewable energy [...]
Penny Stock engaged in providing workforce administration and management services jumped upto 11 percent in the day’s trade upon receiving a work order worth Rs. 7.31 Crores for providing workspace management services. Price Action With a market capitalization of Rs. 94 Crores, the shares of Service Care Limited were trading at Rs. 81.50 per equity [...]
The shares of this navratna company jumped 2.3 percent after the company bagged a prestigious work order from ST & SC Development, Minorities and Backward Classes Welfare Department worth Rs 112 crores. With a market capitalization of Rs 24,610.50 crore, the shares of NBCC (India) Ltd were trading at Rs 91.15 per share, increasing around [...]
This Pharma stock is engaged in pharmaceutical contract development and manufacturing organization and offers a range of pharmaceutical products and services entered into an agreement with a leading South Korean company for Nutraceuticals. Price Action With a market capitalization of Rs. 9,144 Crores, the shares of Akums Drugs and Pharmaceuticals Limited hit a 5 percent [...]
The Employees’ Provident Fund (EPF) is a government-backed savings scheme for salaried employees, aimed at providing financial security during retirement. Under this, employees and employers each contribute 12% of the employee's basic salary to the EPF account. The accumulated funds earn interest, which is compounded annually. The Employees’ Pension Scheme (EPS) is a pension plan [...]
Alcohol stock engaged in the business of manufacturing and distribution of liquor and other alcoholic beverages jumped upto 4 percent in the day’s trade after International Conveyors Limited picks stake in it. Price Action With a market capitalization of Rs. 2,434 Crores, the shares of Globus Spirits Limited were trading at Rs. 843.20 per equity [...]
The shares of the leading personal care brand gained up to 1.2 percent after the company launched AI-powered personalized Dental Screening. With a market capitalization of Rs 75,334.58 crore, the shares of Colgate-Palmolive (India) Ltd were trading at Rs 2,772.90 per share, increasing around 0.82 percent as compared to the previous closing price of Rs [...]
Nuclear energy stock engaged in designing and manufacturing high-precision & heavy-duty mechanical seals widely employed in various nuclear & thermal projects in focus following fundraising plans of Rs. 25 Crores. Price action With a market capitalization of Rs. 512 Crores, the shares of Sealmatic India Limited were trading at Rs. 565 per equity share, up [...]
India's textile industry, a cornerstone of the nation’s economy, is witnessing a significant upswing, driven by global shifts in supply chains. Instability in major textile hubs like Bangladesh and China has prompted international buyers to diversify sourcing, positioning India as a preferred alternative. With its vast raw material base, skilled labor, and supportive government initiatives [...]
An economic calendar is an essential tool for traders, particularly those in the forex, stock, and commodity markets because it gives a schedule of major economic events, reports, and indicators that can influence financial market movements. Here's how to use it effectively in trading: 1. Identify Key Economic Events and Indications Certain economic data have [...]
The shares of complex gear manufacturers gained up to 5 percent in the morning trading session after the company received a new nomination from BMW AG. With a market capitalization of Rs 902.74 crore, the shares of RACL Geartech Ltd were trading at Rs 837.30 per share, increasing around 4 percent as compared to the [...]
This microcap automation stock is engaged in integrated automation and electrical solution provider up 9% in day’s trade after the company received orders from domestic company worth Rs. 6.29 crores. Price Action With a market capitalization of Rs. 68 Crores, the shares of Vdeal System Limited are up by 9 percent in the day’s trade [...]
India's wind energy sector is a vital component of its renewable energy landscape, currently boasting an installed capacity of over 47 GW, ranking fourth globally. The government aims to achieve 140 GW by 2030 as part of its commitment to reach 500 GW of renewable energy capacity, underscoring its role in sustainable development and carbon [...]
The Civil Construction industry in India is poised for remarkable growth, projected to reach INR 25,316 billion in 2024, reflecting an 11.2% increase. With government investments exceeding $134 billion for infrastructure development, India aims to become the third-largest construction market globally by 2025, driven by urbanization and housing demand. With a market capitalization of Rs [...]
The global geopolitical landscape has undergone a significant shift from a bipolar structure, dominated by Russia and the USA, to a more multipolar world. During the Cold War, the world was largely divided between two superpowers, influencing global politics, economics, and military alliances. However, over the past few decades, countries like China, India, and France [...]
This Hidden Gem stock is engaged in manufacturing, designing, and supplying precise tooling, automation, and components solutions for the defence and aerospace industries in focus after the company received multiple orders from Tata Advanced Systems and Godrej & Boyce totalling worth Rs. 5.6 crores. Price Action With a market capitalization of Rs. 352 Crores, the [...]
The product designing segment in India has seen significant growth as businesses focus on creating innovative, functional, and aesthetically appealing products. This industry involves a combination of industrial design, engineering, and user experience to ensure that products meet the needs of consumers while also standing out in the marketplace. Companies like Tata Elxsi, DesignCafe, Godrej [...]
Telecom stock engaged in manufacturing, trading, and servicing of telecommunication equipment, and rendering other associated and ancillary services in focus upon receiving work orders worth Rs. 95 Crores from the Government of Uttarakhand. Price Action With a market capitalization of Rs. 27,986 Crores, the shares of ITI Limited closed at Rs. 291.25 per equity share, [...]
This Transformer company, which is a manufacturer of power transmission cables has three business segments which include Transformer and specialty oils, Conductors, and Power/telecom Cables in focus after the company announced capacity expansion. Price Movement In Monday’s trading session, Apar Industries Limited's stock was trading at Rs. 8,800 per share down by 1.60 percent. The [...]
