Shares of an auto ancillary company appreciated to the tune of 4 percent to hit a record high of ₹ 617.95 apiece after it bagged an order worth ₹ 145 crores from Europe. At 02:21 PM, its shares were trading at ₹ 612.55, up 2.87 percent on the National Stock Exchange (NSE). Ramkrishna Forgings manufactures [...]
The Mahindra Group is a multinational company with operations in over 100 countries. The company is engaged in six business units, such as Automotive, Farm Equipment, Infrastructure, Trade and Financial Services, and IT. Return on equity(ROE) signifies a company's ability to generate returns on the investments it has received from its shareholders. Return on Equity [...]
The ‘Electronic Vehicles’ (EV) industry has gained traction in India in the past couple of years. By 2030, India aims to have a 30 percent share of EVs with the main purpose of reduction of carbon emissions and having a greener future. Listed below is one multibagger stock associated with the EV industry that one [...]
The shares of the Supply chain management company locked around 5 percent upper circuit in early trade on Thursday after the company board approved the disinvestment and sale of shares in three units. Essar Shipping Ltd shares on the National Stock Exchange touched a 5 percent upper circuit at Rs. 12.20 a share, and the [...]
Airtel Payments Bank offers online banking and payment services. The company seeks to provide every Indian with access to a fair, efficient, and reliable banking experience as India's first payments bank. Airtel Payments Bank on Thursday said its revenue witnessed a year-on-year growth of 41 per cent to Rs 400 crore in the first quarter [...]
Promoter JSW Investments on Wednesday pared a 1.27 per cent stake in JSW Energy for Rs 717 crore through open market transactions. GQG Partners, Washington State Investment Board, AustralianSuper, Reliance Trust Institutional Retirement Trust Series Twelve, Witan Investment Trust Plc, and Alliance Trust Plc, among others, were the buyers of the shares of JSW Energy. [...]
The Nepal government has requested India to facilitate the supply of paddy, rice and sugar, a senior official said here on Wednesday, as a precautionary measure to mitigate any possible food scarcity in the upcoming festive season. The request was made through the Ministry of Foreign Affairs to the Indian authorities last week, Commerce and [...]
InterGlobe Aviation's promoter Shobha Gangwal on Wednesday sold a nearly 2.9 per cent stake in the company for a little over Rs 2,800 crore through open market transactions. Shobha Gangwal is the wife of Rakesh Gangwal, the co-founder of the company, which is the parent of the country's largest airline IndiGo. The shares were sold [...]
Shares of a micro-cap company jumped 18% to reach an intraday high of ₹ 139.90 apiece on the National Stock Exchange (NSE) after the company announced its results for the first quarter of the current financial year. At 12:39 PM, its shares were trading at ₹ 134.50 apiece, up 16.91%. According to an exchange filing, [...]
Shares of this stock involved in ‘Broking’ services are trading in the green post a Bulk Deal that took place pertaining to the company’s stock. In the last five trading sessions, the stock has gained around 10 percent from Rs 66.75 to the current price level. With a market capitalization of Rs 2,200 crores, the [...]
Trading in the financial markets requires a blend of strategy, analysis, and quick decision-making. One essential tool that can significantly enhance your trading prowess is a trading calculator. In this comprehensive guide, we'll delve into the world of trade calculations, exploring how trading calculators can empower your trading journey and maximize your profits. Understanding Trade [...]
This Healthcare Services Stock rose 10% in the first hour of market open on Thursday after the promoter entity released information on huge capex plans shortly after markets opened on Thursday. The stock has been on an uptrend since Q4 FY23 and is currently 6% away from the 52 week high. The stock has seen [...]
Rajasthan Chief Minister Ashok Gehlot has approved the customized packages for seven projects to encourage investment of Rs 24,681 crore in the state. The proposals approved in the fifth meeting of the Board of Investment will create employment opportunities for more than 10,000 people, a release said. Gehlot addressed the meeting at his residence on [...]
Financial services provider Religare Enterprises Limited (REL) offers a variety of products. The company's main areas of concentration include loans, health insurance, and retail broking. The Burman Family on Wednesday acquired a 7.5 per cent stake in diversified financial services group Religare Enterprises for Rs 534 crore through open market transactions. Following the stake purchase, [...]
IndiGo is one of the world's fastest-growing airlines and the largest and most popular passenger airline in India. The Directorate General of Civil Aviation (DGCA) has approved flights of IndiGo to Tashkent, Uzbekistan. On Wednesday, the airline announced that it would start services to Tashkent on September 22. A senior official on Thursday said the [...]
Housing loan finance company Repco Home Finance expects to manage assets under management (AUM) of around Rs 14,000 crore by the current financial year, a top official said. The Tamil Nadu-based company was managing an AUM of around Rs 12,400 crore at the beginning of the year, Managing Director and CEO K Swaminathan said. "As [...]
In Thursday's early trade, The shares of the real estate property developer locked around a 20 percent upper circuit after the company revealed strong June quarter financial results. Crane Infrastructure Ltd shares touched the upper circuit at Rs 20.01 a share, up Rs 3.33 on the Exchange, and the company has a market capitalization of [...]
Glenmark Pharmaceuticals Ltd. is an integrated, research–led, global pharmaceutical company, with a presence across Branded, Generics, and OTC segments; with a focus on therapeutic areas of respiratory, dermatology and oncology. The company has 10 world-class manufacturing facilities spread across 4 continents, and operations in over 80 countries. In Vivo/Scrip 100 positions Glenmark amongst the Top [...]
India's top provider of wind energy solutions is Inox Wind, which caters to IPPs, utilities, PSUs, corporations, and retail investors. With three cutting-edge production facilities in Gujarat, Himachal Pradesh, and Madhya Pradesh with a combined manufacturing capacity of 1,600 MW, Inox Wind is a fully integrated player in the wind energy market. Wind energy solutions [...]
Mukesh Ambani is the chairman and managing director of Reliance Industries and an Indian billionaire businessman. Reliance Industries' stock market position is undoubtedly dominating. In addition, the organizations have continually delivered strong outcomes and stable performance for investors throughout the years. Here are three such Mukesh Ambani stocks under Rs 50 TV18 Broadcast Ltd On [...]