Investors prefer Public Sector Undertakings (PSUs) in India due to their stability and government backing, which reduce default risks. PSUs offer a blend of security, regular income, and potential for growth, making them appealing to investors seeking stable returns and lower risk. Public Sector Undertakings (PSU) or Central Public Sector Enterprises (CPSE) in India are [...]
India's healthcare system, which includes over 70,000 institutions, is quickly expanding, fueled by a population of more than 1.4 billion. With a market value of $372 billion in 2022, it is expected to grow at a CAGR of 22.87%, driven by growing income levels, improved health awareness, and government efforts. Global Health Ltd has a [...]
Indian equity indices BSE Sensex and NSE Nifty 50 displayed heightened volatility in Wednesday’s trading session after the election results. The stock market soared higher as allies asserted support to PM Modi-led BJP for the next government formation. The Nifty fast-moving consumer goods (FMCG) index surged around 5 percent, continuing its upward momentum for the [...]
The shares of this public-sector enterprise gained up to 7 percent after the company signed a Memorandum of Understanding (MoU) to offer seamless end-to-end logistics solutions. Container Corporation of India Ltd has a market capitalization of Rs 60,368.88 crore, the shares were trading at Rs 990.80 per share, increasing around 4.48 percent as compared to [...]
On Wednesday’s session, the share price of a company engaged in the mining of Lignite, Coal and generation of power jumped nearly 4 percent to hit an intraday high at Rs. 211.75, after the company’s Board scheduled a meeting to consider raising $600 Mn foreign currency loan. With a market cap of Rs. 28,280.45 crore, [...]
Defence stocks experienced a significant downturn in the stock market following the declaration of the Lok Sabha election results. On Tuesday, the shares of defence-related companies, such as Bharat Electronics Ltd (BEL), Hindustan Aeronautics, Bharat Dynamics, and Cochin Shipyard, witnessed a decline of up to 20 percent. As a result, some of the stock market [...]
The environment is crucial for sustaining life, supporting biodiversity, regulating climate, and providing economic benefits through natural resources. Protecting the environment ensures sustainability for future generations and fulfills ethical responsibilities. In summary, a healthy environment is fundamental for the well-being of all life on Earth. By adopting simple practices and making mindful decisions, we can [...]
On Wednesday’s session, the share price of a diversified gaming and sports media platform jumped 7.7 percent to hit an intraday high at Rs. 729.65, after its subsidiary signed an asset purchase agreement to acquire all of the assets of a Leading US Entertainment firm. With a market cap of Rs. 5,446.32 crore, at 01:18 [...]
It can be quite interesting to know how the OCR technology works. The image-to-text conversion is one of the most essential features of today’s business environment. You would not be able to do effective business communication with the OCR technology. The images to text converter used the OCR technology to transform the image files into [...]
The shares of the rail solution provider gained up to 4 percent after the company came into a share purchase agreement with Saira Asia Interior Pvt Ltd worth Rs 9 crore. With a market capitalization of Rs 7,000.66 crore, the shares of Texmaco Rail & Engineering Ltd. were trading at Rs 175.25 per share, increasing [...]
Vijay Kedia is an Investor trader also known by the alias of the ‘Master market’. Although Vijay was born into a family of stockbrokers his journey has been rather interesting and inspiring. Kedia has a very interesting investing strategy he calls ‘SMILE’, which is an abbreviation for Small in size, Medium in experience, Large in [...]
Share price of a power technology company moved up by 2.8 percent to hit an intraday high at Rs. 417.95 on Wednesday, after the company secured a work order worth Rs. 56.68 crore from an AMISP provider. With a market cap of Rs. 426.8 crore, at 12:54 p.m., the shares of RMC Switchgears Limited were [...]
The share price of this prominent automobile company increased by 2.4 percent following the board's approval of merging its subsidiary within its group entity. With a market capitalization of Rs 3,31,216 crores, at 1:05 p.m., the shares of Tata Motors company moved up by 1.95 percent, trading at Rs 921.80 a piece on Wednesday’s afternoon [...]
Pharma stock engaged in the business of manufacturing, sale, and research and development of generic pharmaceutical products, APIs’ and many others jumped 8 percent in the day’s trade upon filing its first Drug Master File of recombinant Human Albumin 20 percent with the USFDA. With a market capitalization of Rs. 4,683.21 Crores, the shares of [...]
Shares of one of India's leading dairy firms surged by 30% in the last two trading sessions, reaching a 52-week high price of ₹545 per share. After Chandrababu Naidu's party, the Telugu Desam Party (TDP), secured a notable number of seats in the 2024 Lok Sabha election. Heritage Foods is India’s one of the leading [...]
Small-cap stock engaged in the business of Oil and Gas field services specializing in providing air and gas compression services, drilling and workover services jumped 3 percent in the day’s trade upon receiving a work order worth Rs. 56 Crores from ONGC. With a market capitalization of Rs. 1,720 Crores, the shares of Deep Industries [...]
The shares of infrastructure companies gained up to 5 percent after the company received a fresh work order for the construction of a Viaduct Portion of an elevated corridor whopping Rs 547 crore. GPT Infraprojects Limited has a market capitalization of Rs 1,366.46 crore, the shares were trading in a positive of Rs 234.90 apiece [...]
Shares of this microcap company surged around 11 percent in Wednesday’s trading session after receiving multiple orders from Sony India and other entities. With a market capitalization of Rs. 139.03 crores, the shares of Transteel Seating Technologies Ltd started Wednesday's trading session on a flatter note at Rs. 63 compared to its previous close of [...]
Shares of a prominent FMCG company surged by 9% to reach an intraday peak of ₹2,723.90 per share following a bullish recommendation from foreign brokerage firm Jefferies, projecting a potential upside of 18%. Hindustan Unilever is in the FMCG business, comprising primarily of Home Care, Beauty & Personal Care, and Foods & Refreshment segments. The [...]
In the past two days, the stock of a prominent company engaged in engineering, construction, cement, and real estate experienced a significant decline of 10% following the initiation of insolvency proceedings by the NCLT in response to a plea from ICICI Bank. The shares dropped to ₹11.99 per share on the National Stock Exchange, giving [...]
