Vijay Kedia is a renowned investor in the Indian stock market. He invests in his individual capacity as well as through his company Kedia Securities Private Ltd. According to the latest corporate shareholdings, he holds sixteen stocks with a net worth of over ₹ 1199.1 crore. Here are the top 5 stocks in terms of [...]
LT foods had announced a step up in investments in new product development and related plant and raw material needs based expansion almost a year ago, tracing that path, LT has made significant progress. Ready to eat food now has grown to 2.5%. LT Foods on Thursday said its subsidiary Nature Bio Foods has started [...]
Shares of this large-cap metal stock dipped up to 9 percent on stake sale buzz. In the last one-month period, the company’s stock has fallen close to 8.50 percent from Rs 277.55 to the current price level. With a market capitalization of Rs 94,500 crores, the stocks of Vedanta Limited closed at Rs 254.05 on [...]
Zydus Lifesciences Ltd, is involved in development & manufacture of formulations, biosimilars, biologics, APIs and intermediates. Zydus LifeSciences has 10 manufacturing facilities in APC & Americas and 4 R&D sites of which 2 are in India. It is the 4th largest Pharma company in India and a growing presence in other emerging markets in Asia [...]
Capital markets regulator Sebi has cancelled the registration of MMTC Ltd as a stockbroker for its involvement in illegal "paired contracts" in a case pertaining to the now-defunct National Spot Exchange Ltd (NSEL). While cancelling the licence, Sebi directed MMTC to allow its existing clients to withdraw or transfer their securities or funds held by [...]
STL Ltd, a leading optical and digital solutions company, today, announced a partnership with a public sector entity. In this multi-year agreement, STL will design, build, commission, and maintain 2 data centre facilities, with service deployment across multiple network sites across India. Datacenter investments are expected to accrue benefits to companies to STL in the [...]
On Thursday afternoon, the shares of India's second-largest mobile phone maker rose 8 percent to Rs 4,467.15 per share after the government restricted imports of electronic devices such as laptops, tablets, and personal computers. Shares of electronics manufacturer Dixon Technologies shares were trading at Rs 4,394.75 a share on the National stock exchange at 2:16 [...]
One of the biggest PepsiCo franchisees in the world (outside the USA) is Varun Beverages Limited, a significant participant in the beverage sector. A huge variety of carbonated soft drinks (CSDs) and non-carbonated beverages (NCBs), including bottled drinking water offered under PepsiCo trademarks, are manufactured, distributed, and sold by the company. VBL, which is in [...]
A gaming company’s share price plummeted 8 percent to reach an intraday low of ₹ 181.10 apiece on the National Stock Exchange (NSE) after an announcement in the 51st meeting of the GST Council on August 02, 2023, regarding Goods and Services Tax (GST) on online gaming, casinos and horse racing. At 12:36 PM, Delta [...]
Shares of this recently listed Pharma stock under the ‘large-cap’ category were on the rise in Thursday’s trading session after the company announced financial results for Q1FY23-24. The stock is trading near its all-time high level. With a market capitalization of Rs 74,500 crores, the shares of Mankind Pharma Limited started their trading session at [...]
PNB Housing Finance expects a 22% growth in fresh loan sales this fiscal, according to a top executive. The company, promoted by Punjab National Bank, has an aggressive growth plan and has set an internal target of crossing the Rs 1 lakh crore-mark on the assets side in the next three to three-and-a-half years. In [...]
Since 1988, Sterling Tools has been a pioneer in the establishment of sheet metal assembly manufacturing facilities in Karnataka, India. The production facility's initial focus was on local clients, but it gradually transitioned to major original equipment manufacturers. The business has become well-known and has grown by continually offering top-notch goods to both domestic and [...]
Mahindra & Mahindra on Thursday said Singapore's sovereign investment firm Temasek will invest Rs 1,200 crore in its four-wheeler passenger electric vehicles arm -- Mahindra Electric Automobile Ltd. Earlier this year M&M announced its plans to launch 16 EVs by FY2028 and that it expects a 15-20% CAGR by FY2025 consolidated basis. It stated its [...]
Ipca Laboratories announced yesterday that it has completed the acquisition of a 33.38% stake in Unichem for Rs 945.35 crore. Last week, Ipca got approval from the Competition Commission of India (CCI) for a 59.38% stake purchase in listed Unichem Laboratories. "Post receipt of approval of CCI, the company has acquired 2,35,01,440 fully paid-up equity [...]
Shares of this small-cap stock jumped around 12 percent after releasing financial results for Q1FY23-24. In the last six months, the company’s stock has gained over 40 percent from Rs 1,799.10 to the current price level. The stocks of KSB Limited opened their trading hour at Rs 2,360.10 and currently are available for Rs 2,567 [...]
A government-owned coal mining corporation is called Coal India Ltd. (CIL). It produces coal and items made from coal. Coking coal, semi-coking coal, non-coking coal, hard coal, washed and beneficiated coal, coal fines, heavy oil, and coke are among the company's product offerings. The business runs mixed mines, underground mines, and open-pit mines. Products from [...]
Tamil Nadu-based NLC, under the ministry, operates three opencast lignite mines with a total installed capacity of 30 million tonnes per annum (MTPA) at Neyveli, another opencast lignite mine at Barsingsar in Rajasthan with an installed capacity of 2.1 MTPA and an opencast coal mine at Talabira in Odisha with an installed capacity of 20 [...]
One of India's top businesses for precision-engineered solutions and automotive technology is Pricol Limited, with its headquarters in Coimbatore. Being dedicated to achieving leadership and quality since the company's 1975 founding has helped it grow into a well-known name in the worldwide automotive sector. The company has 3 international offices, 400+ product and process engineers, [...]
The shares of the company that manufactures and supplies Iodine Derivatives gained around 10 percent to a 52-week high price of Rs 392.65 apiece on Thursday following the announcement of bonus issue to shareholders. Infinium Pharmachem Ltd shares were trading at Rs 388.45 at 12:55 p.m., up Rs 30.85 or 8.63 percent from the previous [...]
As a tripartite partnership between the Murugappa Group, Carborundum Inc. in the USA, and the Universal Grinding Wheel Co. Ltd. in the UK, Carborundum Universal Limited (CUMI) was established in 1954. Carborundum Universal sells abrasives, electro minerals, and ceramics for 380 million dollars. The company produces nearly 20,000 different product variants at 25 different facilities [...]
