Maharashtra Deputy Chief Minister Devendra Fadnavis on Thursday said JERA Co Inc, Japan's largest power generation company, has expressed a strong desire to explore investment and partnership opportunities with the state government in areas of green hydrogen, ammonia, Renewable Energy and liquefied natural gas (LNG). The deputy CM, who is on a visit to Japan, [...]
India's G20 Sherpa Amitabh Kant on Friday said geopolitical conflicts like the Russia-Ukraine war are best addressed by the United Nations as the G20 is an economic body to promotes global growth. Speaking at B20 Summit India 2023 being organised by CII, Kant however expressed hope that India would be able to convince G20 nations [...]
Global energy efficiency solution company Rishabh Instruments Ltd on Friday said it has fixed a price band of Rs 418-441 per share for its Rs 491-crore initial public offering (IPO). The maiden public issue will open for subscription on August 30 and close on September 1, the company announced. The IPO comprises a fresh issue [...]
Artificial intelligence will create more jobs in India as it will empower more people with little skill or no skill to perform higher-level jobs, B20 India Chair N Chandrasekaran said on Friday. In a panel discussion at the B20 Summit India 2023 here, Chandrasekaran, who is also the Chairman of Tata Sons, said India has [...]
Drug maker Lupin on Friday said it has received approval from the US health regulator to market a generic product, used in the treatment of a lung disease, in the American market. The company has received approval from the US Food and Drug Administration (USFDA) to market Pirfenidone tablets in strengths of 267 mg and [...]
The share of a leading player in the drone solution gained a 3 percent of Rs 163 apiece on Friday’s early trade after the company informed the successful testing of a Reusable Rocket Launch Vehicle. At 1:17 p.m., On the Stock Exchange, Droneacharya Aerial Innovations Ltd shares were trading at Rs 160.95 a share, up [...]
This multibagger stock gained 2% after the company acquired PVC business for Rs. 235 crore including adjoining land acquisition for Rs. 171 crore. Share prices of Supreme Industries opened at Rs. 4,522 and reached its 52 week high at Rs. 4566.4 in Friday’s trading session. The stock returned 62.3% in six months and a multibagger [...]
On Friday, the shares of India's third-largest housing finance company rose 7.5 percent to Rs 170 per share after the company repaid USD 275 million of external borrowings. At 12:40 p.m., On the National Stock Exchange, Indiabulls Housing Finance Ltd shares were trading at Rs 167.65 a share, up Rs 9 or 5.70 percent, with [...]
Shares of this multibagger stock under the ‘micro-cap’ category hit the 20 percent upper circuit after Ashish Kacholia bought a fresh stake in the company. In the last five trading sessions, the company’s scrip has drastically jumped by 55 percent from Rs 150 to the current price level. With a market capitalization of Rs 281.07 [...]
This small-cap stock soars ~10% on Friday as a result of the agreement with a US-based company. A significant volume rise that was higher than the previous day and the previous week is helping to support the stock price. This stock is currently trading higher than both the 50-day and 200-day moving averages. This stock [...]
Shares of a defence company soared 8 percent higher on Friday’s early trades to reach a fresh 52-week high of ₹ 398.40 apiece on the National Stock Exchange (NSE). This happened after the company bagged orders worth ₹ 158 crores. At 11:46 AM, its shares were trading at ₹ 383.15 apiece. Astra Microwave Products informed [...]
The Indian renewable energy industry is estimated to grow at a CAGR of more than 10 percent between 2023 and 2028.In the long run, the business is expected to be pushed by factors such as supportive government regulations, growing environmental consciousness, subsidies, and tax breaks for installing solar panels. The Ministry of New and Renewable [...]
The P/E (Price to Earnings) ratio defines the ratio of a company's current share price to its earnings per share (EPS), which is frequently employed to define the value of a stock. According to World Steel Association forecasts, the steel sector will grow at a pace of roughly 6.7 percent in 2023. According to the [...]
The Forex market in India has witnessed a rapid expansion in recent years, with a plethora of brokers vying for the attention of traders. Amidst the abundance of choices, how do you discern which broker is the best fit for your needs? This guide aims to equip you with the essential considerations to make an [...]
Foreign Institutional Investors are a kind of investors who invest their money in an asset outside their official country. These types of investors are an active part of the market and their choices of investment hold a significant value. FIIs in India can invest in both primary and secondary markets which contain listed, unlisted, and [...]
Reliance Industries (RIL) subsidiary JIO Financial Services (JFS) got listed on the bourses four days ago. The company has eroded market capitalization of more than ₹ 31,000 crore since then, leaving investors worried. JFS shares hit the 5 percent lower circuit for the fourth day in a row. Its shares settled at ₹ 213.45 apiece, [...]
In 2023, Foreign institutional investors have been drawn to the Indian stock market with the NIFTY 50 and the BSE Sensex reaching all-time highs. The remarkable rally in the Indian stock market continued in August, driven by strong earnings of the companies. FII buying in the Indian stock market has substantially increased in the past [...]
Venus Pipes & Tubes Ltd shares were trading at Rs 1,490.15 a share on Thursday, up Rs 3.20 or 0.22 percent, with a market capitalization of Rs 3,031 crores. According to reports, Ace investor Ashish Kacholia bought 4 lakh shares, or 1.97 percent, in the June quarter for a weighted average price of Rs 720 [...]
“Price-to-earnings” ratio, popularly known as P/E, is one of the most tracked metrics in the capital market industry. It shows how much money the company asks for a rupee of profit made by them. A stock is said to be an ‘undervalued’ one when the P/E is lesser than the industry averages. Listed below are [...]
“Dividend Yield” is usually defined as the annual dividend payment that is expressed as a percentage of the current stock price prevailing in the market. The same tells the shareholder what the return on investment has been for the price paid at the time of purchasing the security. Listed below are three stocks under the [...]
