Shares of an ethanol manufacturing company surged 16.26 percent on Wednesday’s trades to reach an intraday high of ₹ 236.00 apiece on the National Stock Exchange (NSE), as oil marketing companies (OMCs) are declaring additional incentives. At 02:28 PM, its shares were trading at ₹ 230.00 apiece. Gulshan Polyols is one of the largest manufacturers [...]
JB Chemicals & Pharmaceuticals on Wednesday said it has received approval from the US health regulator to market a generic product, used to treat mood disorders, in the American market. The company has received approval from the US Food and Drug Administration to market Doxepin Hydrochloride capsules in strengths of 10 mg, 25 mg, 50 [...]
It is not true that India is not reducing coal-based power generation capacity in the energy mix, a senior government official said, adding that the country is targeting over 64 per cent of non-fossil fuel-based capacity by 2030. India has set the target of having 500GW of renewable energy by 2030. Coal-based power generation, however, [...]
India Post Payments Bank on Tuesday reported its first-ever operational profit of Rs 20.16 crore for 2022-23. The bank saw a 66.12 per cent growth in overall revenue. IPPB saw a 17.36 per cent increase in operating costs during the fiscal, a statement said. "IPPB... generated an operational profit of Rs 20.16 crore during 2022-23, [...]
US President Joe Biden will travel to India from September 7 to 10 to attend the G-20 Leaders' Summit during which he will discuss with other leaders a range of global challenges, including the Ukraine conflict, the White House announced on Tuesday. President Biden will also commend Prime Minister Narendra Modi's leadership of the G20, [...]
Shares of TVS Supply Chain Solutions Ltd, part of TVS Mobility Group, began the trade with a premium of over 5 per cent against the issue price of Rs 197 on its debut trade on Wednesday. The stock listed at Rs 206.30, up 4.72 per cent from the issue price on the BSE. It later [...]
Shares of Jio Financial Services Ltd, the demerged financial services unit of Reliance Industries, fell by 5 per cent on Wednesday to hit its lower circuit limit for the third day running. The stock declined 5 per cent to hit its lower circuit limit of Rs 227.25 on the BSE. At the NSE, it fell [...]
State-owned engineering firm Bharat Heavy Electricals Ltd (BHEL) on Wednesday said it has successfully manufactured the first set of indigenous SCR Catalysts for limiting NOx emissions from thermal power plants. These selective catalyst reactors (SCR) were hitherto being imported and this is a significant milestone under the 'Make in India' initiative of the government, a [...]
Shares of this small-cap company hit the 5 percent lower circuit post an interim order from the Securities and Exchange Board of India (SEBI). With a market capitalization of Rs 4,637.18 crores, the stocks of Brightcom Group Limited opened their trading hour on Wednesday at Rs 22.98 and currently are locked in the 5 percent [...]
Market drivers known as Foreign Institutional Investors (FIIs) are identified. U.S.-based FII acquired more than 1% stake in this mid-cap company and currently, the company shares are trading above the both 50-days and 200-days moving averages. KPR Mills Ltd KPR Mills Ltd. has a market capitalization of Rs. 24,629 Cr. and it is a mid-cap [...]
Share prices of this multibagger stock have doubled in less than six months and hit its upper circuit at Rs. 21.93 Suzlon Energy shares started trading at Rs. 21.01, reaching its 52- week high at Rs. 21.85 and its lowest price today at Rs. 21.01 Share prices of Suzlon jumped another 5% on Wednesday. Details [...]
Shares of a large-cap company climbed nearly 7 percent on the National Stock Exchange (NSE) to reach an intraday high of ₹ 6165.00 apiece after it received a letter of award (LoA) from Indian Oil Corporation Ltd (IOCL) for setting up its air separation unit. At 12:25 PM, its shares were trading at ₹ 5953.95 [...]
This company's shares soars 2% on Wednesday after receiving an order worth Rs. 101 Cr. The stock touched a new 52-week high at Rs. 2,183.70 on the same day. The stock currently trading above the 50-days and 200-days moving averages and the stock has delivered 55% returns in 6 months. BEML Ltd The company belongs [...]
Shares of this large-cap Tata Group stock hit its 52-week high mark after it launched a 5G roaming lab. In the last six months, the stock has gained over 50 percent from Rs 1,205.45 to the current price level. With a market capitalization of Rs 51,633.45 crores, the stocks of Tata Communications Limited started their [...]
The shares of the steel tubes and pipes maker rose nearly 4 percent to Rs 402.50 in early trade on Wednesday following the announcement of the record date for the bonus issuance. At 12:30 p.m., JTL Industries Ltd shares were trading at Rs 400.80 a share on the National Stock Exchange, up Rs 14.10 or [...]
Dividends, one of the most popular terms associated with capital markets, is usually defined as a payment that a company makes to its shareholders. The dividends are paid in the form of cash (cash dividends) or in the form of additional shares of the company (stock dividends). Listed below are three stocks that will be [...]
Shares of a hospitality company gained more than 12 percent in the past five days to reach a 52-week high of ₹ 108.50 apiece on the National Stock Exchange (NSE). This happened after the company announced that it has signed two licence agreements for properties in Bhubaneswar and Kasauli. Its shares settled at ₹ 107.45. [...]
Return on equity (ROE) signifies a company's capacity to generate returns on investments made by its shareholders. Return on Equity (ROE) is the measure of a company’s net income divided by the value of its total shareholders’ equity. Here are three sugar stocks with High ROE Triveni Engineering and Industries Ltd Triveni Engineering and Industries Ltd [...]
In the fast-paced and ever-evolving landscape of the stock market, the role of a reliable and experienced broker cannot be underestimated. Trading stocks through a professional broker brings a multitude of advantages that can significantly enhance your trading journey. In this article, we'll delve into the key benefits of trading stocks with a reputable broker, [...]
The Initial Public Offering (IPO) of stainless steel flexible hose manufacturer Aeroflex Industries was subscribed 6.69 times on the first day of subscription on Tuesday. The Rs 351 crore IPO received bids for 15,52,35,730 shares against 2,32,17,667 shares on offer, as per NSE data. The category for non-institutional investors received 14.05 times subscription while the [...]
