The shares of India's leading electric equipment maker rose 4.5 percent to Rs 226.95 per share after the company announced a partnership with Wirepas, a Finland-based IOT company. At 1:05 p.m., HPL Electric & Power is a small-cap company with a market capitalization of Rs 1,428 crore. The company’s shares were trading at Rs 222.95 [...]
This stock is included in the S&P BSE SME IPO index and today rose 4.3% within the first half hour of markets opening. The stock currently trades at Rs. 51.99 versus Rs. 49.84 closing yesterday and 13% above its 20 day moving average. The stock was listed in March 2023 and has a market cap [...]
Hinduja Group on Tuesday said it has collaborated with Raffles Hotels & Resorts to restore 'The Old War Office' of Britain's World War II era prime minister Winston Churchill. The group said in a statement that the property with 120 guest rooms and suites, along with restaurants and spas, will be inaugurated on September 26, [...]
On a private placement basis to issue non-convertible debentures for up to Rs 250 Cr, MSME and vehicle loan provider Baid Finserv Ltd has approved. In the recent 32nd Annual General Meeting (AGM), the company approved the issuance. The terms and conditions of the issue will be decided by the board of directors, a release [...]
In protest of the high value-added tax (VAT) rate on petrol, the Rajasthan Petroleum Dealers Association has called for a strike on Wednesday and Thursday from 10 a.m. to 6 p.m. across the state. The Association has called for a two-day symbolic strike on September 13 and September 14. State President of Rajasthan Petroleum Dealers [...]
After reaching a 15-month high of 7.44 per cent in July, retail inflation dropped to 6.83 per cent in August, primarily as a result of falling vegetable prices, but it is still above the Reserve Bank's target range. According to data released by the National Statistical Office (NSO) on Tuesday, The overall inflation in the [...]
This e- waste recycling stock was green in the market today after the company joined hands with the government to work on creating technology for the efficient recovery of valuable elements from Li-on Batteries. Share price of Eco Recycling opened at Rs. 215 levels and remained the same for his intra- day levels in the [...]
This logistics stock rallied 3% in Wednesday's trading session after the company rebranded one of its delivery services as Bharat Dart. The transformation marks a milestone in the company’s ongoing journey. Share price of Blue Dart opened at Rs. 6541 levels and gained more than 3% to reach its intra- day high of Rs. 6775 [...]
Shares of this large-cap stock under the Tata Group universe are trading in the green after the company’s subsidiary bought a stake in an online retail trade company. In the last six months, the stock has gained more than 50 percent. With a market capitalization of Rs 73,541.47 crores, the stocks of Trent Limited, a [...]
Wadia’s group stock surged almost 6% in the morning of Wednesday after the company set the record date to ascertain shareholders eligible to receive the equity shares of the demerged company. Share price of National Peroxide opened at Rs. 1795.65 per share and gained over 6% to reach its intra- day high of Rs. 1898.85 [...]
This Penny Stock hit its 5% upper circuit within 15 minutes of markets opening on Wednesday, making it the third consecutive day it hit the upper circuit. Throughout the week, the company saw 1.3x avg last week volumes and continues to make new 52 week highs, currently ~300% away from 52 week low. The company [...]
Shares of this Engineering stock under the ‘mid-cap’ category rose up to 11 percent after receiving various orders across a wide range of business segments. In the last six months, the company’s stock has gained more than 50 percent. With a market capitalization of Rs 17,973.05 crores, the stocks of KEC International Limited started their [...]
To fund business growth state-owned Bank of Maharashtra (BoM) on Tuesday said it plans to raise Rs 1,500 crore through bonds. BoM said in a regulatory filing, the lender intends to raise the funds through private placement of Basel-III compliant tier II bonds. The issue size is Rs 250 crore with a green shoe option [...]
In the illiquid stock option segment on the BSE for indulging in non-genuine trades, SEBI has imposed fines totaling Rs 35 lakh on seven entities. In seven different orders on Monday, the regulator slapped a fine of Rs 5 lakh each on Subhash Kumar Poddar HUF, Manoj Kumar Goenka HUF, Ayan Akhter Husain, Ankita Didwania, [...]
Cryptocurrency has indeed had a significant impact on the modern world, reshaping various aspects of people's lives. The emergence of cryptocurrencies and blockchain technology has created transformative chances. Contrary to popular belief, starting to invest in the crypto market doesn't necessarily require high-end and complex tools. Here are some important things to have for crypto [...]
Shares of a railway company touched its all-time high of ₹ 835.00 apiece on the Bombay Stock Exchange (BSE) on Wednesday’s early trades. However, it slipped into the red soon after. Its share price dropped by 5 percent to 791.45 (intraday low), as compared to its previous closing price of ₹ 801.50, and by 8.81 [...]
Shares of one of India's leading non-banking financial companies fell over 2 percent to Rs 124.60 per share on Tuesday after US-based private investment firm Bain Capital sold a 2.8 percent interest in the company. At 11:01 a.m., L&T Finance Holdings Ltd shares were trading at Rs 126.45 per share, down 0.24 percent from the [...]
On Tuesday TPG-backed wires and cables manufacturer RR Kabel Ltd said that it has mobilised Rs 585.62 crore from anchor investors ahead of its initial share sale. According to a circular uploaded on the NSE, an average price of Rs 1,035 apiece, the company has allocated 56,58,201 equity shares to 54 entities. HDFC Mutual Fund, [...]
The BSE Sensex ended its eight-day winning streak in early trade on Wednesday as equity benchmark indices fell due to negative global market trends and new outflows of foreign funds. Also, the high valuation concerns of the domestic market made investors cautious. The Nifty declined 49.1 points to 19,944.10. The 30-share BSE Sensex decreased 167.77 [...]
Net Profit, one of the most tracked metrics in the capital market industry, measures a company’s profitability, i.e., how efficiently a company is earning a margin of money as compared to the revenues generated. Listed below are three stocks associated with the ‘Steel’ industry that portray a Net Profit CAGR of up to 190 percent [...]
