The shares of this mid-cap company jumped 4.09 percent after the company came into a share purchase agreement to acquire 100 percent equity shares of Chalasani Hospitals Private Limited. Krishna Institute of Medical Sciences Ltd has a market capitalization of Rs 17,164.76 crore, the shares were trading at Rs 2,153.25 per share, increasing around 2.08 [...]
The share price of this firm engaged in the business of power and infrastructure development increased by 4.4 percent to an intraday high of Rs 2,014 per share on Wednesday after receiving two work orders worth Rs 72.69 crores from KPI Green Energy Limited. Share Price Movement With a market capitalization of Rs 1,929.25 crores, [...]
Financial services firm engaged in the business of providing financial broking, advisory, consultancy, and other services hit a 5 percent upper circuit in the day’s trade upon announcing the record date for the split of equity shares of the company. Price Action With a market capitalization of Rs. 398 Crores, the shares of Almondz Global [...]
Following are the two stocks that witnessed fluctuations in their share prices in response to the reports of Foreign Institutional Investors (FIIs) likely to reduce their stake, on Wednesday, July 10th: Mankind Pharma Limited In Wednesday's trading session, the shares of India’s fourth largest pharmaceutical company surged by 5.3 percent to Rs. 2,215 on BSE, [...]
Telecom stock engaged in providing Telecommunication solutions to Telecom Network Operators jumped 4 percent in the day’s trade upon entering into a revenue-sharing agreement with Bharat Sanchar Nigam Limited (BSNL). Price Action With a market capitalization of Rs. 719 Crores, the shares of Sar Televenture Limited were trading at Rs. 239.75 per equity share, down [...]
The shares of India’s largest private thermal power producer firm gained 1.8 percent to ₹737.85 per share after the company and its subsidiary Mahan Energen Ltd entered into a 20-year power purchase agreement for 500 MW with Reliance Industries Ltd. At 11:15 a.m., Adani Power Ltd. shares were trading at ₹719.50 per share, down 0.81 [...]
Microcap stock engaged in the business of providing space-as-a-service by renting and managing commercial spaces hit a 5 percent upper circuit in the day’s trade upon expanding its commercial space operations in Mumbai. Price Action With a market capitalization of Rs. 78 Crores, the shares of Kontor Space Limited hit a 5 percent upper circuit [...]
Shares of this large-cap company surged around 10 percent in Wednesday’s trading session after receiving orders worth Rs. 389 crores. In just five trading sessions, the stock has delivered more than 30 percent returns to its shareholders. Price Movemnet: With a market capitalization of Rs. 1,20,264 crores, the shares of Rail Vikas Nigam Ltd (RVNL) [...]
On Wednesday, the shares of the leading Fast Moving Electrical Goods (FMEG) firm rose by 1.3 percent to ₹1,944.30 per share, following the company's announcement of a ₹375 crore investment to expand its cable manufacturing capacity. At 10:55 a.m., Havells India Ltd shares were trading at ₹1,915 per share, down 0.28 percent from the previous [...]
Market capitalization, often referred to as market cap, is a key measure of a company's value in the stock market. It represents the total market value of a company's outstanding shares of stock, calculated by multiplying the current share price by the total number of shares outstanding. Market capitalization helps investors gauge the size of [...]
Bernstein, a subsidiary of AllianceBernstein, a global investment management firm, primarily focuses on providing research, investment advisory, and wealth management services to institutional and high-net-worth individual clients. Recently, Bernstein has broadened its IT services coverage by incorporating engineering services firms renowned for their specialized expertise in the automotive and software sectors. It has also initiated [...]
Civil construction in India is a booming sector, contributing over 9% to the GDP. With investments of ₹10 trillion annually, it encompasses infrastructure projects like roads, bridges, and urban development. The industry employs over 50 million people, driving growth in both urban and rural areas across the country. With a market capitalization of Rs 21,296.69 [...]
ICICI Direct has issued a buy call on one of the leading manufacturers of Special Steels, Super Alloys and the only manufacturer of Titanium Alloys in India, for a potential upside of 16 percent. With a market capitalization of Rs. 9,776.3 crore, the shares of Mishra Dhatu Nigam Limited surged by 2.6 percent on BSE [...]
Foreign Institutional Investors (FIIs) are significant players in global financial markets, comprising various entities such as mutual funds, pension funds, and hedge funds, among others. They invest substantial capital across international borders, influencing the market dynamics, liquidity, and investment trends, thus playing a crucial role in shaping global investment landscapes and economic development. Here are [...]
Micron Technology (NASDAQ:MU), one of the leading semiconductor memory manufacturers, recently released a quarterly report that led to an unexpected 7% decline in its share price. This may seem paradoxical at first, especially considering the company reported revenue of $6.81 billion, 82% higher than the same period last year and above analysts' expectations set at [...]
The shares of the mobility solution provider to Indian railway have fallen by 4 percent from an intraday low despite the board have considered and approved the floor price of Rs 689.47 apiece. Jupiter Wagons Ltd has a market capitalization of Rs 28,872.92 crore, the shares were trading at Rs 700.30 per share, decreasing around [...]
IT stock engaged in providing automotive retail solutions, interactive media content, and many more for the automotive industry jumped 9% in the day’s trade following the acquisition of Geronimo Web, a global leader in providing digital marketing programs. Price Action With a market capitalization of Rs. 597 Crores, the shares of IZMO Limited were trading [...]
The government is considering some changes to rice exports. They may allow exports of white rice with a fixed duty instead of the current restrictions, and might also consider removing the 20 percent tax on exports of parboiled rice, and instead using a fixed levy, as claimed by a few reports. India is one of [...]
Infra stock engaged in the business of construction across multiple infrastructure verticals like roads, buildings, industrial structures, power and many more jumped 18 percent in the day’s trade upon receiving a work order worth ~Rs. 311 Crores to build 2 jails. Price Action With a market capitalization of Rs. 605 Crores, the shares of RPP [...]
With a market capitalization of Rs. 8,552 crores, the shares of a local search engine and digital services providing company started Tuesday’s trading session on a higher note at Rs. 1,017.85, gaining around 1 percent compared to its previous close of Rs. 1,003.20 and are currently trading at Rs. 1,008 apiece. Financials Having a look [...]