The advent of quantum computing heralds an era of unprecedented potential, enabling computational speeds that make today's most powerful supercomputers seem antiquated. The rapidly shifting landscape of Quantum Computing is set to significantly redefine Cryptocurrency Mining and create a new chapter in the annals of digital currency history. In this exciting blog post, we delve [...]
India recorded an economic growth rate of 7.8% in the April-June quarter of 2023-24 and remained the fastest growing large economy mainly due to better performance by agriculture and financial sectors, government data showed on Thursday. The Gross Domestic Product (GDP) expanded by 13.1% in the April-June quarter of 2022-23. India remained the fastest-growing major [...]
The green energy sector has become an attractive avenue for investors amid increasing environmental concerns, government support, and massive investments. Top conglomerates in this space are expanding assets and capacities to help achieve India’s 2030 target of reaching 500 GW installed capacity. Foreign Institutional Investors invest in companies after looking at the company's fundamentals and [...]
BSE said on Thursday that the recently demerged entity from Reliance Group Led by Mukesh Ambani, Jio Financial Services will be dropped from all S&P BSE indices from September 1 prior to trading open. Earlier, the stock was slated to be removed from the indices on August 24. Later, it was postponed to August 29. [...]
This small cap stock gained 10% to reach its upper circuit after the company filed its 23rd annual report for FY23. The company also declared the date for their upcoming Annual General Meeting. (AGM) Share prices of BF Utilities reached its upper circuit of 10% of Rs. 689.45 per share. By the end of the [...]
Avenue Supermarts Ltd. has been popular among investors since the time it filed for its IPO. It is the parent company of DMart, which is among the most profitable food and grocery retail chains in India. The stock was issued at a price of ₹ 299 in the year 2017 and rose to ₹ 615 [...]
This small-cap stock rose 4% after receiving an order worth Rs. 72.29 Cr on Thursday. The stock closed 7.7% below the 52-week high. Currently, the stock is trading above the both 50-day and 200-day moving averages. Zen Technologies Ltd The company has a market capitalization of Rs. 7,076 Cr., making it a small-cap. On Thursday [...]
Shares of India’s leading player in the Electric Vehicle technology industry gained 5 percent to Rs 151 apiece after the company announced a tie-up with EV maker Enigma Automobiles Private Limited. At 3:25 p.m., On the exchange, Greaves Cotton Ltd shares were trading at Rs 150.70 per share, up 4.61 percent from the previous close [...]
Benchmark Sensex closed lower by around 256 points in a volatile trade on Thursday, snapping its three-day gaining streak due to selling in banking, FMCG and oil and gas shares amid weak Asian cues. The BSE barometer fell by 255.84 points or 0.39% to close at 64,831.41 points with 22 of its constituents ending in [...]
Following the industry wide and to an extent the sector wide trend of premiumization to drive margin expansions, Hero Electric has stated on Thursday that it is diversifying into the premium segment through the A2B brand to create differentiated brands to cater to multiple segments in the electric mobility space. Under this brand the company [...]
Zydus Lifesciences on Thursday said it has received approval from the US health regulator to market a generic product to treat acne in the American market. The drug firm has received final approval from the US Food and Drug Administration (USFDA) for Isotretinoin Capsules USP (10 mg, 20 mg 30 mg and 40 mg), it [...]
According to the Draft Red Herring Prospectus of Jupiter Life Line Hospitals subscription will open on September 6 and the three day initial public offering (IPO) will conclude on September 8 and the bidding for anchor investors will open on September 5. The hospital chain operates in Thane, pune, Indore under the “Jupiter” brand with [...]
On Thursday the stock of this monopoly company with a 90% market share gained upto ~2% in the trading hours after entering into the partnership. The stock price remains high because of strong and rising volume that is greater than usual compared to the previous day and week. Dreamfolks Services Ltd Small-cap firm Dreamfolks Services [...]
The P/E (Price to Earnings) ratio compares a company's current share price to its earnings per share (EPS), which is a generally used measure to determine a stock's value. The dividend yield is a financial measure that compares cash dividends paid to shareholders to the market price per share. It is calculated by dividing the [...]
Amazon on Thursday said it has signed an agreement with India Post to simplify cross-border logistics for MSME exporters. Minister of State for Science and Technology Jitendra Singh unveiled a postal stamp to commemorate a decade of partnership between India Post and Amazon at the e-commerce company's Sambhav Summit 2023. At Amazon’s E-commerce SMBHAV Summit [...]
The shares of TMT Bar Manufacturer gained 8.7 percent to Rs 94.50 after the company bought one of the two railway rakes from East Coast Railway following a previous arrangement. At 3:01 p.m. on the National Stock Exchange, Gallantt Ispat Ltd shares were trading at Rs 93.20 per share, up 7.08 percent from the previous [...]
This railway stock rose 3.4% after winning multiple projects from the Maharashtra Metro Rail Corporation Limited as the company emerged to be the lowest bidder possible. It won several metro rail infrastructure projects. Shares of RVNL opened at Rs. 130.5 per piece and gained 3.4% to reach its intra- day high of Rs. 132.80 per [...]
On Thursday, Ashok Leyland, a manufacturer of commercial vehicles, announced a partnership with CSB Bank Ltd to provide vehicle financing solutions to its clients. A Memorandum of Understanding between the two businesses will allow them to work together to provide consumers of the automaker with specialized financial solutions, Ashok Leyland said in a statement. "The [...]
This S&P BSE Smallcap stock has been on an uptrend since July 2021, rising 875% since. It rose 5% within the first hour of markets opening on Thursday after it said in its filing that it has received an order from Gujarat Metro Rail Corporation Ltd (“GMRCL”). The stock’s volumes have been more or less [...]
Shares of a pharmaceutical company tumbled 8.5percent on Thursday’s early trades to reach an intraday low of ₹ 815.60 apiece on the National Stock Exchange (NSE) after 12.85percent of the company’s equity changed hands in a large deal. At 01:03 PM, its shares were trading at ₹ 839.00 apiece. MedPlus Health Services is the second-largest [...]
