According to the IBEF, the Garments and Apparel industry in India is a vital sector, contributing approximately 2.3% to the GDP. In FY24, the sector's exports reached $28.72 billion, with readymade garments alone accounting for $14.23 billion. The market is projected to grow at a 10% CAGR, aiming for $350 billion by 2030. With a [...]
According to Pib, the Industrial Products industry in India is a significant contributor to the nation's economy, with a 4.9% growth recorded in March 2024. The Index of Industrial Production (IIP) reached 159.2, reflecting robust performance across sectors like manufacturing, which grew by 5.2%. By 2025-26, the manufacturing sector is projected to hit $1 trillion [...]
Shares of one of the world's leading manufacturers of Power Transmission & Distribution structures surged 15.7 percent on BSE to hit a new 52-week high at Rs. 513.9 on Tuesday. This rally was sparked by Nuvama Institutional Equities’ initiation of coverage on Skipper Limited with a bullish outlook. With a market capitalisation of Rs. 5,659.8 [...]
Every country is moving from expensive energy production ways to cheaper alternatives. There are two main factors behind this. Firstly, the cost of energy is so much higher that affects the affordability of the people. Secondly, the ecosystem needs to be improved and everyone should think about alternatives to make Earth a better place for [...]
Transformer stock engaged in designing and manufacturing the entire range of Transformers hit a 5 percent upper circuit in the day’s trade upon declaring robust Q2FY25 results with a 2,329 percent jump in Net Profits. Price Action With a market capitalization of Rs. 10,087.82 Crores, the shares of Transformers & Rectifiers (India) Limited hit a [...]
Tata Group stocks have demonstrated notable growth in 2024, with a collective market capitalization rise of 15.4 percent since June, fueled by robust performances from major companies such as Tata Consultancy Services and Tata Motors. Investing in these stocks is attractive due to their diversification across multiple sectors, reliable dividend payouts, and potential for capital [...]
The shares of this microcap company locked a 5 percent upper circuit after receiving an order worth Rs. 88.41 crores from the Ministry of Defence. The shares have delivered more than a 130 percent return to its shareholders in one year. Price Movement: With a market capitalization of Rs. 951 crores, the shares of Krishna [...]
Shares of this mid-cap pharma company rose nearly 2% after the company planned to boost the adoption of biosimilars in low and middle-income countries. Price action: The shares of Biocon Limited, with a market capitalization of Rs. 41,210.60 crores saw its shares rise to Rs. 345.2 per share, from its previously close price of Rs. [...]
IT Stock engaged in providing Cloud Enablement, Digital Engineering Services, Cyber Security, Infrastructure Management, and many more jumped 18 percent in the day’s trade upon receiving a new work order worth Rs. 430+ Crores for deployment of AI Cameras across Pune. Price Action With a market capitalization of Rs. 1,574 Crores, the shares of Allied [...]
During Tuesday’s trading session, the shares of the integrated EPC company surged 4.8 percent to Rs. 177.55 on BSE, after the company announced securing two projects worth a total of around Rs. 318.64 crores from the Maharashtra State Infrastructure Development Corporation Limited. With a market capitalisation of Rs. 676.2 crores, the shares of RPP Infra [...]
India's waste management sector is rapidly evolving, driven by a growing population, urbanization, and increasing environmental awareness. This industry plays a crucial role in addressing the challenges posed by the country's significant waste generation, which amounts to approximately 62 million tonnes annually, with municipal solid waste (MSW) being a major component. As urbanization continues and [...]
Tata Group stock engaged in the retailing of apparel, footwear, accessories, toys, games, food, grocery & non-food products, and many more jumped upto 9 percent in the day’s trade following the brokerage call and foray into the beauty segment. Price Action With a market capitalization of Rs. 2,82,430 Crores, the shares of Trent Limited were [...]
The shares of this smallcap company jumped around 5 percent in Tuesday’s trading session after receiving an order worth Rs. 270 crores to build residential tower in GIFT City. Price Movement: With a market capitalization of Rs. 2,603 crores, the shares of PSP Projects Ltd started Tuesday’s trading session on a flatter note at Rs. [...]
The shares of this small-cap stock jumped up to 12 percent from intraday high after Quant Mutual Fund, a domestic institutional investor, bought 2.53 lakh equity shares of the company. With a market capitalization of Rs 1,551.10 crore, the shares of Heubach Colorants India Ltd were trading at Rs 672.00 per share, increasing around 9.53 [...]
This prominent food delivery and restaurant discovery platform surged nearly 5 percent to Rs.278.15 per share after reputed brokerage firm HSBC set a target price indicating potential growth. Share Price Movement In Friday's trading session, Zomato Limited's share price reached an intra-day high of Rs.278.15 per share, marking a 4.53 percent increase from its previous [...]
The shares of this microcap company have delivered over 30 percent return to its shareholders in just five trading sessions after Mukul Agrawal bought fresh stake and has achieved around 120 percent in returns on a YTD basis. Price Movement: With a market capitalization of Rs. 265 crores, the shares of Siyaram Recycling Industries Ltd [...]
Defence stock engaged in designing, developing, manufacturing, and testing a variety of defence and space equipments jumped upto 5 percent in the day’s trade upon winning a Ministry of Defence challenge and receiving eligibility for grant to develop Mobile Ground Station system for defence, space and others. Price Action With a market capitalization of Rs. [...]
The shares of this public-sector enterprise gained 1.4 percent after the company received a letter of award from Ntokoto Rail Holdings Pty. Ltd, worth USD 5.40 million. With a market capitalization of Rs 14,523.85 crore, the shares of Rites Ltd were trading at Rs 302.20 per share, increasing around 2.25 percent as compared to the [...]
A new participant has entered the dynamic field of foreign exchange trading. The Dubai-based financial technology company Avenix Fzco has introduced Rushpips, an AI-powered trading platform made to deftly traverse the ups and downs of the forex market. Designed specifically to work with the MetaTrader 4 platform, this forex robot introduces a fresh method to [...]
The shares of this microcap company locked a 5 percent upper circuit in Tuesday’s trading session after its subsidiary started crude edible oil production at the 300 TPD plant in West Bengal. The stock has delivered around a 50 percent return to its shareholders in one year. Price Movement: With a market capitalization of Rs. [...]
