The Centre's schemes for the power sector, including renewables, have received an allocation of at least Rs 28,352 crore in the Interim Budget 2024 and the Renewable Energy market in India is forecasted to grow by 7.01 percent between 2024 and 2028, resulting in a market volume of 428.60 billion KWh in 2028. Here are [...]
The Adani Group, based in Ahmedabad, Gujarat, India, is a diverse conglomerate consisting of 10 publicly traded companies. Led by chairman Gautam Adani, it operates in various sectors including ports, airports, power generation and transmission, and green energy initiatives. Adani Group is India's biggest airport operator and also manages India’s largest seaport, Mundra Port, Additionally, [...]
The market size of the Indian ‘Infrastructure’ Sector is estimated at USD 204.06 bn in 2024 and is expected to touch USD 322.27 bn by 2029, growing at a compounded rate (CAGR) of around 10 percent. The infra sector has been the backbone of the Indian economy, improving the nation’s overall development. The country is [...]
Ashish Kacholia, better known for his investing strategies and absence in the media, is one of the renowned Indian stock market investors. He started his career with Prime Securities and later joined Edelweiss where he used to handle the equity research desk. Finally, he incorporated his broking firm, Lucky Securities, where he’s building his portfolio. [...]
Inflation is a decrease in the purchasing power of money, reflected in a general increase in the prices of goods and services in an economy. The Indian Inflation rate in February was recorded at 5.09 percent. To beat inflation, it is essential to invest in assets that provide returns higher than the inflation rate. Here [...]
The term “Return on Capital Employed” (RoCE) is generally referred to as a financial ratio that can be used to assess a company's profitability and capital efficiency. The ratio can help one understand how well a company is generating profits from its capital put to use. RoCE is one of several profitability ratios that stakeholders, [...]
The domestic benchmark indices soared around 1.5 percent in the afternoon on March 28 on track to end the financial year 2023-24 positively. The Nifty 50 closed the day’s trading 203.20 points or 0.92 percent higher at 22,326.90. At the same time, Sensex ended 655.04 points higher to finish the session at 73,651.35. Listed below [...]
This week, the leading petrochemical producer in India saw increased traction, accompanied by a 3 percent rise in its stock price, following a buy recommendation from Goldman Sachs on the stock, projecting an upside potential of 51 percent by FY26. Reliance Industries Ltd. is in the business of energy, petrochemicals, natural gas, retail, telecommunications, mass [...]
The company belongs to the small-cap category with a market capitalization of Rs 664 crore. On March 28, company shares closed at Rs 665 per share, down 1.24 percent from the previous close price on the stock exchange. Oriental Carbon & Chemicals (OCCL) manufactures insoluble sulphur, an essential compound used as a vulcanization agent in [...]
The NIFTY 50 is a benchmark stock market index that represents the weighted average of 50 of the largest Indian companies listed on the National Stock Exchange (NSE) In FY24 the Nifty 50 index grew by 30 percent by adding 5,246 points from 17,080.70 levels at the end of FY23, to 22,326.90 levels on March [...]
The company is an integrated power plant equipment manufacturer engaged in the design, engineering, manufacture, erection, testing, commissioning and servicing of a wide range of products and services for the core sectors of the economy, including power, transmission, industry, transportation, renewable energy, oil & gas, and defence. Bharat Heavy Electricals Ltd (BHEL) has received orders [...]
Appliance repair plays a vital role in both enhancing our quality of life and supporting environmental and economic health. In a city marked by its historic significance and modern vibrancy, maintaining our appliances is not just about convenience; it's a commitment to sustainability and cost-saving. Repairing appliances, from refrigerators to air conditioners, extends their life, [...]
The Indian Pharmaceutical industry has experienced significant growth and a positive outlook in 2023. The sector has expanded its global footprint, with India being the largest provider of generic medications worldwide, occupying a 20 percent share of the global supply by volume. The pharmaceutical industry has been growing rapidly in recent years due to several [...]
Are you considering a trading app to boost your business? The mere thought of coding might send shivers down your spine. That's where no-code solutions come in. They're like a superhero for your trading business, allowing you to bring your ideas to life without any coding knowledge. No-code agencies specialize in using these solutions to [...]
Multibagger defence stock engaged in the business of designing, developing and manufacturing sub-systems jumped 13 percent in the day’s trade upon receiving a work order worth Rs. 385.58 Crores from Bharat Electronics Limited. With a market capitalization of Rs. 5,738 Crores, the shares of Astra Microwave Products Limited were trading at Rs. 604.35, up 11 [...]
The shares of India’s largest private thermal power producer firm gained 2 percent to ₹ 527 per share after the company signed an investment agreement with Reliance Industries for a 500 MW power purchase agreement. At 12:25 p.m., Adani Power Ltd. shares were trading at ₹524.95 per share, up ₹8.40 or 1.63 percent from the [...]
Shares of this penny stock engaged in the business of manufacturing specialty chemicals jumped up to 4 percent in Thursday’s trading session after the company’s wholly-owned subsidiary successfully bagged its largest-ever export order worth Rs 165 million. In the past year, the company’s stock has gained over 50 percent for its holders. With a market [...]
Share prices of a global data analytics company on Thursday moved up by 6.91 percent on BSE to Rs. 493.7 from its previous close of Rs. 461.75, after the company announced an acquisition. With a market cap of Rs. 9,742.3 crore, at 01:44 p.m. the shares of Latent View Analytics Limited were trading in the [...]
A company that manufactures yarn and garments hit 2 percent upper circuit to an intraday high of ₹74.75 per share on the second half of Thursday’s trade after the board approved the stock split in the ratio of 1:10. Vardhman Polytex Ltd. belongs to the micro-cap category with a market capitalization of ₹205 crore. At [...]
Share price of this healthcare stock moved up by nearly 2.58% on BSE to Rs. 648.75 in the trading session of March 28th, compared to its previous close of Rs. 632.4, after a large bulk deal via open market transactions. With a market capitalisation of Rs. 6,529.6 crores, at 01:10 p.m. the shares of Vijaya [...]
