The shares of this small cap company engaged in rendering security and intelligence related services jumped nearly 12 percent on Friday after the company reported considering the proposal for a share buyback. Stock Performance With a market capitalization of Rs 4,551.82 crore, SIS Ltd rose nearly 12 percent on Friday and made an intraday high [...]
This steel company, one of the leading manufacturers of large diameter pipes globally came into focus after selling 74 percent stake in its wholly owned subsidiary to Reliance Strategic in a Rs 383 crore deal. Stock Performance With a market capitalization of Rs 23,102.49 crore, Welspun Corp Ltd rose over 2 percent on Friday and [...]
This Transformer stock, which deals in the business of integrated transmission & distribution, and pole manufacturing company, surged upto 3 percent after the company expects to grow its revenue by 28 to 30 percent for FY25. Share Price Movement In Friday’s trading session, Transrail Lighting's share price touched a day’s high of Rs. 520.75 which [...]
The shares of one of the Smallcap company, specializing in the development of highways and other transportation infrastructure projects, are in focus upon a Bulk Deal Involving Larsen & Turbo Limited. Price action With a market capitalization of Rs. 17,714.71 crores on Friday, the shares of National Highways Infra Trust Ltd jumped upto 1.12 percent [...]
The shares of one of the leading electric vehicle (EV) manufacturers in India, specializing in the design, manufacturing, and development of electric vehicles (EVs), jumped upto 7 percent after denying regulatory issues, citing registration backlog for February sales discrepancy. Price action With a market capitalization of 24,008.15 Crores on Friday, the shares of Ola Electric [...]
This water management stock engaged in the design, construction, operation, and maintenance of water treatment and desalination plants for municipal and industrial clients, jumped 9 percent after investing up to $100 million in water treatment and infrastructure projects. Stock Price Movement: With a market capitalization of Rs. 9,290.63 crores, the share of Va Tech Wabag [...]
This NBFC stock, which deals in the business of providing a range of fund-based and fee-based services such as gold loans, and money exchange facilities, surged upto 4 percent after Bain Capital to invest ~Rs. 4,385 crore. Share Price Movement In Friday’s trading session, Manappuram Finance's share price touched a day’s high of Rs. 230 [...]
This Navratna PSU stock engaged in providing nationwide broadband, VPN services, telecom, and multimedia networks, modernizing Indian Railways' train control and safety systems, jumped 8 percent after securing an order worth Rs. 17 crore from the Ministry of Defence for Optical Fiber Cable (OFC) Laying Work. Stock Price Movement: With a market capitalization of Rs. [...]
Metals and mining giant Vedanta aims to reduce its parent company debt by $3.5 billion over the next three years, Chairman Anil Agarwal said on Wednesday Stock Performance With a market capitalization of Rs 1.8 lakh crore, the shares of Vedanta Ltd fell nearly 1 percent in Friday's trading session and made an intraday low [...]
This Ace Investor stock deals in the business of manufacturing and supplying camshafts in India and globally with supplies more than 150 varieties of camshafts for PV, tractors, LCV, and locomotive engine applications, turned red in the December 2024 quarter for the first time after 3 years. In this article, we will look at the [...]
India's jewellery market is valued at approximately USD 89.65 billion in 2024 and is set to grow significantly, reaching an estimated USD 130 billion by 2030. This growth is driven by increasing disposable incomes, a cultural love for jewellery, and a rising preference for branded jewellery. Revenue is expected to reach USD 93.56 billion by [...]
The Indian apparel market is set to grow from $120.36 billion in 2025 to $171.60 billion by 2034, with a CAGR of 4 percent during this period as per sources. The key drivers include rising disposable incomes, urbanization, fast fashion trends, and increasing demand for sustainable clothing among consumers. With a market capitalization of Rs. [...]
The “200-day moving average” (200 DMA) is a widely used technical indicator in financial markets. It is calculated by taking the average closing prices of a security over the past 200 days, which helps smooth out daily price fluctuations and provides a clearer picture of the overall trend. One of the primary reasons the 200-day [...]
India needs to increase its non-fossil fuel power generation capacity to 600 GW by 2030 to meet growing electricity demand, according to a report by The Council on Energy, Environment, and Water. Solar energy is expected to contribute 377 GW, wind 148 GW, hydro 62 GW, and nuclear 20 GW. Official estimates project a total [...]
Beta is a financial metric that measures the volatility or risk of an individual stock or asset in relation to the overall market. It indicates how much a stock’s price is expected to change in response to market movements. A beta of 1 means the stock moves in line with the market, while a beta [...]
This cable stock engaged in manufacturing conductors, cables, transformers, and transmission towers, and provides EPC services for power transmission and distribution projects, jumped 3 percent after securing an order worth Rs. 175 crore from Associated Power Structures Limited for the supply of AL-59 conductors Stock Price Movement: With a market capitalization of Rs. 5,052.07 crores, [...]
The automobile industry is a global sector that involves the design, development, manufacturing, marketing, and selling of motor vehicles. It is one of the largest industries worldwide, contributing significantly to the global economy. The industry includes a wide range of vehicles such as cars, trucks, buses, motorcycles, and electric vehicles (EVs), with major players like [...]
Once leading the semiconductor industry, Intel Corporation is the subject of much scrutiny today as it grapples with stiff societal challenges. With specific competitors like Nvidia and TSMC eclipsing Intel in AI and chip manufacturing respectively, the company has also started suffering from loss of profitability and market share. However, The appointment of Lip-Tan Bu [...]
The Solar Energy Corporation of India (SECI), a CPSU under the Ministry of New and Renewable Energy has announced the results of its auction under the Strategic Interventions for Green Hydrogen Transition (SIGHT) Program (Mode-1-Tranche-II) while awarding a total annual green hydrogen production capacity of 4,50,000 metric tons (MT). The selected bidders will receive an [...]
This MNC carmaker Stock is in Focus after Axis Capital initiated coverage with a Buy Target and a potential upside of 19.63 percent from current levels, citing a strong mix of MNC qualities and domestic OEMs execution capabilities. With a market capitalization of 1,32,172 Crore the Stock of Hyundai Motor India opened at Rs. 1,648, [...]
