The shares of India's largest solar engineering company rose 3 percent to Rs 1777.55 per share on Wednesday’s trade after the company secured an order to supply 300 electric vehicles. At 2:31 p.m., On the Bombay Stock Exchange, Gensol Engineering Ltd shares were trading at Rs 1,747 a share, up Rs 48.80 or 2.87 percent [...]
The importance of digital onboarding must be recognized. Traditionally, the onboarding process has been fraught with paperwork, time-consuming processes, and logistical issues. These obstacles have been steadily removed thanks to the advent of digital onboarding. The Evolution of the Digital Onboarding Process The banking industry has undergone a remarkable transformation in its digital onboarding process. [...]
Shares of this Metal stock under the ‘small-cap’ category gained 8 percent on Wednesday after the company posted sales updates for the month of July 2023. In the last one month period, the company’s scrip has soared 30 percent from Rs 349.75 to the current price level. The stocks of Shyam Metalics and Energy Limited [...]
A multibagger pharma company listed on the Bombay Stock Exchange has announced a 1:2 stock split. Its shares were trading at ₹ 1649.00 apiece at 02:31 PM on Tuesday. Remedium Lifecare Ltd is in the business of trading in Advanced Pharmaceutical Intermediates and other pharma products. The company in an exchange filing informed that it [...]
Taylormade Renewables specializes in offering options for renewable energy. The company specializes in producing Solar Parabolic Concentrating Systems for thermal energy-intensive applications including direct or indirect heating, solar drying, solar wastewater evaporation, steam generation for steam cooking and other industrial uses, solar air conditioning, and solar space heating. Taylormade Renewables Ltd on Wednesday said it [...]
T. S. Kalyanaraman created Kalyan Jewellers and used an initial investment of 75 lahks to open the company's first jewellery store in Thrissur, Kerala, India, in 1993. The corporation also has a long history in the wholesale, retail, and trading of textiles. Kalyan Jewellers India on Wednesday reported a 33 per cent growth in consolidated [...]
The Indian Air Force (IAF) is a manufacturer of sophisticated aerostructures. The corporation creates military transport aircraft through design, engineering, and development. Tata Lockheed Martin Aerostructures Ltd on Wednesday said it has achieved the milestone of delivering the 200th C-130J Super Hercules empennage. The company, a joint venture between Tata Advanced Systems Ltd (TASL) and [...]
One of the top producers of AC generators worldwide is TDPS. A world-class manufacturing facility is located in Turkey, and we have subsidiary offices in Germany, Japan, the US, and Bengaluru, India, where we were founded on April 16th, 1999. TD Power Systems on Wednesday posted over 24 per cent rise in consolidated net profit [...]
This stock rose 7% today after it reported Q1 results Tuesday evening. The stock enjoys some of the highest volumes in the industry, which is supported by increasing volumes over the week and approaching the monthly average. The momentum is reinforced by string technicals in terms of moving averages and other technical oscillators. It has [...]
The largest manufacturer of passenger cars in India is Maruti Suzuki India Limited (MSIL), a division of Suzuki Motor Corporation of Japan. Maruti Suzuki is credited with starting the nation's automotive revolution. The company operates an automobile manufacturing and sales operation in India. Maruti Suzuki India on Wednesday said its pre-owned car business has crossed [...]
Shares of this Defence stock under the ‘small-cap’ category jumped 4.50 percent after the company posted Q1FY24 results. In the past six months, the company’s scrip has gained more than 45 percent from Rs 1,454.50 to the current price level. With a market capitalization of Rs 11,900 crores, the stocks of Data Patterns (India) Limited [...]
Bharat Forge is expanding its position as a major supplier of automobile engine parts on the world market. More than 130,000 tons of steel and aluminium crankshafts, connecting rods, and camshafts are produced by Bharat Forge for use in passenger vehicles and SUVs. Auto components major Bharat Forge Ltd on Wednesday reported a 33.27 per [...]
Shares of a small-cap stock hit the 10% upper circuit on Tuesday’s early trades to reach an intraday high of ₹ 278.95 apiece. This happened after the company announced stellar results for the first quarter of the financial year 2023-24. According to an exchange filing, 63 Moons Technologies reported a 181.74% increase in its revenue [...]
On Wednesday, the shares of an NBFC rose 20 percent to Rs 110.8 per share after the company announced impressive June quarter financial results. At 12:20 p.m. on the Bombay Stock Exchange, Visco Trade Associates Ltd shares were trading at Rs 99.84 per share, up Rs 7.36 or 7.96 percent from the previous close price. [...]
The shares of a consumer food company hit the 20 percent upper circuit on Tuesday’s intraday trades to reach a new 52-week high of ₹ 17300.80 apiece, following stellar results for the April to June quarter (Q1FY24) of the financial year 2023-24. Its shares were locked at ₹ 17300.80 apiece on the National Stock Exchange [...]
The venture capital and private equity division of Unilever is called Unilever Ventures. By granting access to Unilever's global ecosystem, assets, and knowledge, the company invests in new, promising businesses, boosting their growth. A company is looking for the Personal Care and Digital world-beaters of tomorrow. FMCG major Unilever's venture capital arm Unilever Ventures has [...]
Foreign Institutional Investment (FII) includes hedge funds, insurance companies, pension funds, investment banks, and mutual funds that invest in a country outside of the one in which they are registered or headquartered. Such investors generally invest in growing economies like India, as they have a huge growth potential. They have a profound impact on the [...]
GMR Airports Infrastructure Ltd on Tuesday said its board will consider raising funds of up to Rs 5,000 crore during the meeting on August 14. At the meeting, the board will also consider the company's unaudited financial results for the quarter ended June, according to a regulatory filing. The board will consider "raising of funds [...]
EHI International has supplied high-quality technical help, program expertise, and analytical services since 1999. It also offers a comprehensive range of consulting and management services. Hospitality firm EIH Ltd on Tuesday reported an increase of 61 per cent in its consolidated net profit to Rs 106.03 crore in the June quarter. EIH, the flagship company [...]
APSEZ ( Adani Ports and Special Economic Zone Ltd) is the largest commercial ports operator in India accounting for nearly one-fourth of the cargo movement in the country. It is present across 13 domestic ports in seven maritime states of Gujarat, Maharashtra, Goa, Kerala, Andhra Pradesh, Tamil Nadu and Odisha. Adani Ports and Special Economic [...]
