The shares of NMDC Limited, India’s largest iron ore producer, opened their trading hour at Rs 106 and currently trade at Rs 107.50, surging around 3 percent compared to the previous closing levels of Rs 104.65. It has a market capitalization of Rs 31,400 crores. One of the probable reasons for the company’s stock to [...]
Paras Defence and Space Technologies Ltd shares gained 2.6 percent in Monday’s session. The shares rose after the company signed a Rs 42-crore deal with IFFCO Nano Fertilisers for 400 agri-drones. As per exchange filings, The company received a contract to manufacture 400 units of Agri-Drones for IFFCO Nano Fertilisers, including a two-year annual maintenance [...]
Shares of Mazagon Dock Shipbuilders shot up nearly 8% on Monday’s early trades to reach a fresh 52-week high of ₹ 1342.00 apiece after it signed a contract with the Indian Navy. At 11:37 AM, its shares were trading at ₹ 1320.00 apiece, up 5.91%. The company informed the bourses that it signed a contract [...]
Power trading solutions provider PTC India Ltd has clocked 16 per cent growth in its power trading volumes during the first quarter of this fiscal and hopes for around 20 per cent rise in the entire 2023-24, driven by targeted segment wise trade and innovative products, according to CMD Rajib Kumar Mishra. PTC India's trading [...]
Reliance Retail-owned robotics firm Addverb expects to cross Rs 8,000-crore revenue mark in five years, with scaling up of manufacturing operations and diversifying target market base, a senior company official said. Addverb Technologies co-founder and CEO Sangeet Kumar told PTI that the company will invest Rs 500 crore in its Greater Noida-based robot manufacturing facility [...]
The Indian room air conditioner market is likely to reach USD 5 billion by FY28 with a compound annual growth rate (CAGR) of 10 per cent, according to Tata group firm Voltas. The company expects to be at the forefront of this growth. Voltas, an industry leader in the segment with a market share of [...]
State-owned Bank of Baroda (BoB) plans to sell up to 49 per cent stake in credit card business arm BOB Financial Solutions Ltd. Currently, it is 100 per cent owned by BoB. The bank has floated a Request for Proposal for roping in a strategic investor, and the process is expected to complete in one [...]
Central PSU Hindustan Copper Limited (HCL) is hopeful of commencing mining at its closed Rakha mine in Jharkhand, which will entail an investment of over Rs 2,000 crore, after getting final clearance from the state government, a top company official said. The Rakha mine has been closed since 2001, and the Jharkhand government has recently [...]
Benchmark equity indices continued their rally on Monday, with the BSE Sensex breaching the 65,000 mark for the first time ever, propelled by bullish global market trends and foreign fund inflows. Rallying for the fourth straight day, the 30-share BSE Sensex jumped 449.46 points to hit its all-time peak of 65,168.02 in early trade. The [...]
The Benchmark Indices witnessed a jump today with the Sensex gaining 800 points and closing at Rs 64,719. Moreover, the Nifty 50 index saw a jump of 217 points and closed at Rs 19,189. Both the indices touched their all-time high levels with the Sensex attaining the same at Rs 64,768.58 and the Nifty 50 [...]
The name ‘Tata’ is synonymous with trust. It carries a legacy that spans more than a century. The group has been actively evolving with changing times and is innovating its business on a continuous basis. Its immaculate reputation has helped it to attract investors, consumers and some of the best talent. ROE is a measurement [...]
Getting ready for exams can be a daunting task. You might be overwhelmed by the sheer amount of information to process, unsure where to start, or struggling to find the motivation to begin. If this sounds familiar, fear not: this guide is here to help! We will outline some key strategies to help you prepare [...]
The Compounded Annual Growth Rate, popularly known as CAGR, is a metric that depicts a growth rate of an investment over a specified period of time longer than a year. Listed below are 3 stocks under the ‘Mid cap’ category which have a CAGR tied to 3-year net profit growth of more than 25 percent: [...]
Dividends are often described as the distribution of a company's earnings to its shareholders, which is decided by the Board of Directors. Dividends are typically issued once every three months, and payment can be in cash or in the form of reinvestment in further business equity. Since the implementation of the "T+1" settlement cycle, the [...]
Long-term investing is definitely one of the best ways to make stupendous wealth. There was an era when Demat accounts did not exist and people held share certificates. These certificates would often find their way into drawers, only to be found years later, with an increase in the share price. One such stock is Kajaria [...]
Praj Industries is Pioneer in Ethanol Technology solutions that offers cutting-edge technologies to the distillery industry. It is a leading biofuel Technology Company providing a number of processes and systems for ethanol and biodiesel production. It has a presence on five continents. The company has over 70% of the market share in India for 2G [...]
In today's dynamic world, unforeseen financial circumstances may arise, necessitating the search for a reliable money lender. Whether it's for medical emergencies, education expenses, or business funding, selecting a trustworthy money lender in Singapore becomes paramount. With a plethora of options available, this article aims to assist you in identifying the right money lender that [...]
Benchmark equity indices scaled fresh all-time closing highs on Friday, propelled by foreign fund inflows and a firm trend in the global markets. Intense buying in index heavyweights Infosys, HDFC twins, Reliance Industries and TCS further bolstered sentiment, traders said. Rallying for the third straight day, the 30-share BSE Sensex jumped 803.14 points or 1.26 [...]
Bharat Electronics Ltd (BEL) on Friday said it has received new defence and non-defence orders worth Rs 2,191 crore. The orders are for supplying long-range guidance kits with warheads, airborne jammers, battlefield short range surveillance radars upgrades, missile guidance radars, shallow water craft sonars and spares, among others, it said in a statement. The Bengaluru-headquartered [...]
Shree Cement on Friday said it has completed the Rs 550-crore greenfield cement plant in the Purulia district, Bengal. The company said this is its first production facility in Bengal and has begun trial production from Friday. With this plant, the total cement production capacity of the group has increased to around 50 mt per [...]
