The shares of one of India's prominent manufacturers of Power and distribution transformers rose 10 percent to Rs 3,189 apiece in early trade on Monday following the announcement of the record date for the bonus issuance. At 1:45 p.m., On the National Stock Exchange, Shilchar Technologies Ltd shares were trading at Rs 3,087.90 a share, [...]
The shares of the premier warship builder rose 7 percent to reach an all-time price of Rs 844.45 apiece after the company signed an MOU with DEMPO group to build commercial vessels. At 1:15 p.m., On the National Stock Exchange, Garden Reach Shipbuilders & Engineers Ltd. shares were trading at Rs 803.70 a share, up [...]
This electricals microcap stock hit 20% upper circuit after the first hour of market open. As per BSE filing dated 26th August 2023, The company has announced, it has on its agenda to finalize a strategic acquisition of a domestic private firm in an all stock transaction. The stock is currently 2.5% away from its [...]
Medi Assist Healthcare Services has filed preliminary papers with capital markets regulator Sebi to mobilise funds through an initial public offering (IPO). The company is making its second effort to go public. It had previously submitted draft papers to the Securities and Exchange Board of India (Sebi) in May 2021 with the purpose of issuing [...]
Following the disallowance of Rs 9,545 crore (USD 1.16 billion) in some incurred expenditures, mining billionaire Anil Agarwal's Vedanta Ltd won an arbitration against a demand for a bigger payout from its productive Rajasthan oil and gas reserves, the company said. The government has sought additional profit petroleum (or its share from the oil and [...]
An ownership stake in a foreign company or project is referred to as a foreign direct investment (FDI) and is made by a foreign investor, business, or government. According to data from the government, FDI in India fell 34% to USD 10.94 billion between April and June of this fiscal year. According to information provided [...]
Realty major DLF Ltd will launch two luxury housing projects worth Rs 15,000 crore in Gurugram during the second half of this financial year to expand its business amid strong demand for premium homes, its Managing Director Ashok Kumar Tyagi said. Tyagi said the company has set a target to reach sales bookings of Rs [...]
Tata Steel plans to scale up the usage of hydrogen in the steel-making process after the successful completion of the pilot project at its Jamshedpur plant, in Jharkhand, the company's CEO and MD T V Narendran said. At its steel factory in Jamshedpur, Jharkhand, Tata Steel started the first experiment of its sort in April [...]
The share prices of this penny stock trades lower by 3% in the market today after its investor company GG engineering sold a total of 15.8% of his stake in the company throughout the last trading week. Shares of GI Engineering opened at Rs. 12.20 and maintained the same level as its intra- day high. [...]
Two PSUs (Public Sector Undertaking(s)) are extremely close to their 52 week highs after receiving significant orders over the weekend. Both stocks rose close to 4% and continue to see healthy volumes and momentum - both of which are surpassing previous session volumes. Bharat Heavy Electricals Ltd (“BHEL”) received an order from NHPC Ltd (hydropower [...]
The shares of a power company gained nearly 5 percent and hit the upper circuit on Monday’s early trades after the company won a significant order. Its shares were locked at ₹ 23.50 apiece, their new 52-week high, on the National Stock Exchange (NSE). Suzlon Energy is one of the largest renewable energy solutions providers [...]
Shares of one of the leading manufacturers and suppliers of High Voltage Arresters in South Asia gained 9.5 percent to Rs 75 apiece after the company acquired stakes in BSE Limited, Jio Financial Services, and Manappuram Finance. At 12:35 p.m., On the Stock Exchange, Elpro International Ltd shares were trading at Rs 74.98 a share, [...]
In an increasingly uncertain financial landscape, building a robust savings cushion has never been more critical. A high-interest savings account offers an effective way to grow your savings over time while keeping your money accessible. This comprehensive guide will walk you through the ins and outs of high-interest savings accounts, providing valuable insights and practical [...]
The share prices of this glass manufacturing company gained 4% in the market today. The company owns 72% market share in the passenger car market segment. Shares of Asahi India Glass Limited opened at Rs. 571 levels and reached its intra- day high of Rs. 584.7 on Monday. The stock returned 15.95% in the last [...]
According to Ajay Mathur, Director General of the International Solar Alliance (ISA), India is on track to not only meet but also surpass its ambitious goal of 500 gigawatts of renewable energy capacity by 2030, because of a predicted drop in battery prices by 2025. In an interview with PTI, Mathur, who has also served [...]
Saint-Gobain entered India in 1996 and has grown significantly and profitably since then, becoming a leader in all key industries. Saint-Gobain has 76 production facilities (almost all of which are ISO 14000 and OHSAS 18000 certified) in India, where it employs over 18,679 full-time and part-time workers. Sales for the business topped 126.33 billion in [...]
Shares of a large-cap company that manufactures industrial gases gained nearly 4 percent on Monday’s early trades to reach an intraday high of ₹ 6139.95 apiece on the National Stock Exchange (NSE) after it was awarded a letter of acceptance (LOA) by Steel Authority of India (SAIL). Linde India, in an exchange filing, informed the [...]
Shares of a civil construction company in ace investor Vijay Kedia’s portfolio gained 5% to hit an upper circuit on the bourses after the company bagged an order worth ₹ 1818.56 crores from NHPC Ltd. At 11:54 AM, its shares were locked at ₹ 57.00 apiece on the National Stock Exchange (NSE). Patel Engineering and [...]
Refinancing (kredīta refinansēšana) is the financial service offered by banks and many non-banking credit organizations. It means that you get a new loan used to pay out previous debts. This may become necessary if the borrower is facing financial problems and cannot carry out the obligations by previous provisions as a result of economic recession, [...]
The government of Singapore is one of the high-net-worth investors in the Indian stock market, As per the latest corporate shareholdings filed, the Government Of Singapore publicly holds 48 Indian stocks with a net worth of over Rs. 157,710.9 Cr. Here are three stocks that the Singapore government has stakes up to 6.93% Sona BLW [...]