The Indian government has set an ambitious target to produce 400 Vande Bharat trains in India by the end of 2024-25. To achieve this goal, the Ministry of Railways and the Indian government have signed contracts with private and government-owned companies in India and across the globe. These contracts will eventually increase the sales and [...]
Shares of Capacite Infraprojects rose 3.17% on Wednesday’s trades to reach a fresh 52-week high of ₹ 211.75 apiece on the Bombay Stock Exchange (BSE). This happened after European Investment Firm Societe Generale bought its shares in a bulk deal. Capacite Infraprojects is engaged in the EPC business and provides turnkey solutions for housing, high [...]
Shares of Central Depository Services Ltd(CDSL) plunged 6 percent intraday on Wednesday’s first half session. This happened after BSE sold 5.4 percent of its stock in the company. With a market capitalization of Rs 10,625 crores, Company shares were trading at Rs 1,020.50 on the NSE at 14:00 hrs, dropping 2.50 percent from the previous [...]
Shares of SAT Industries Ltd surged 8 percent on Wednesday’s first half of the session from the previous close price of Rs 72.55. The stock jumped in response to the investment made by Carnelian Structural Fund in the company. As per BSE filing, the company sold 40,63,337 equity shares, or 3.55 percent, of its subsidiary [...]
Shares of beleaguered telecom company Vodafone Idea rallied 10.13% on the Bombay Stock Exchange (BSE) on Wednesday’s early deals to reach an intraday high of ₹ 8.48 apiece, after reports suggested that its promoters will likely infuse equity worth ₹ 14,000 crore in the near-term, in order to revive the business. At 11:30 AM, its shares [...]
With a market capitalization of Rs 1,590 crores, the shares of Heranba Industries Limited started its trading session today at Rs 354.35 and currently trades at Rs 397. The scrip witnessed an intra-day high of Rs 411.95, indicating a surge of around 16 percent as compared to the previous closing price of Rs 355.50. Last [...]
An increase in the holdings by Institutional investors, due to comparatively large resources and depth of analysis, builds confidence for the retail investors and other potential investors to buy the stock. Listed below are 4 stocks in which both, the Domestic Institutional Investors (DIIs) and Foreign Institutional Investors (FIIs) increased their stake in the March [...]
Jaguar Land Rover (JLR), the British luxury car subsidiary of Tata Motors said that it expects its net debt to fall below £1 billion by the next fiscal, due to its resilience against global headwinds, including the scarcity of chips, inflationary pressures, and geopolitical constraints. JLR projected annual revenues of £ 28 billion in fiscal [...]
Having healthy profitability ratios is crucial for companies as it enables investors to stay assured about the returns on their investments and is an indicator of the smooth functioning of activities in the company. Herein this article, we will focus on the basic profitability ratios such as the return on equity (ROE) and the return [...]
Shares of Blue Star Ltd gained 2.02% on Tuesday’s intraday trades and settled at ₹ 1518.90 apiece on the National Stock Exchange (NSE). After reporting stellar results, the company announced a 1:1 bonus issue. This means that eligible shareholders will receive 1 bonus equity share for every equity share that they hold in the company. [...]
With a market capitalization of Rs 2,318 crores, Inox Wind Energy Ltd shares surged 18 percent on Tuesday, reaching a 52 weeks high price of Rs 2,148 and closed at the price of Rs 2,055 apiece from the previous close price of Rs 1,815. Substantial movement in the stock price was noticed in response to [...]
Cryptocurrency wallets are software that allows you to store, send and receive cryptocurrencies such as Bitcoin, Ethereum, Litecoin and others. They are used to storing cryptocurrency assets and make transactions on the blockchain securely. Cryptocurrency wallets are essential for keeping and managing cryptocurrency assets. They also play a crucial role in securing and controlling the [...]
Personal Loans make a great option to cover planned or unplanned expenses smoothly. The most significant benefit of a Personal Loan is that it can be used for any purpose. It can be your child’s education, your daughter’s marriage or any sudden medical expenses; all of them can be covered by the funds you get [...]
Shares of Signet Industries hit the 20% upper circuit on the bourses to reach a fresh 52-week high of ₹52.20 apiece on the National Stock Exchange (NSE). According to an exchange filing, the company recently received orders worth approximately ₹ 120 crores from various EPC contractors. These orders are for pipes in water supply projects [...]
Shares of Man Infraconstruction Ltd gained 4.5 % on Tuesday’s trading session from the previous close price of Rs 107 and reached 52 week high of Rs 111.90. The stock climbed a day after financial services firm Societe Generale purchased 39.31 lakh shares or 1.06 percent of the company. At 1:10 pm, the shares of [...]
Shares of Zee Entertainment tanked 6.6% on Tuesday’s early trades to reach an intraday low of ₹ 182.00 apiece on the National Stock Exchange (NSE) after the Securities and Exchange Board of India (SEBI) barred Essel Group Chairman Subhash Chandra Goenka and Zee Entertainment’s head Punit Goenka from holding any key managerial position until further [...]
With a market capitalization of Rs 6,252 crore, Engineers India's stock rose 3 percent in early trading on Tuesday after the company received an order from the Oil and Natural Gas Corporation Limited (ONGC). According to BSE filing, the Company received an award from ONGC for the Replacement of CSU Off-gas compressors and Regeneration Gas [...]
The world of forex trading has undergone a significant transformation with the advent of online platforms. In recent years, more individuals are turning to forex trading platforms online to explore the vast potential and opportunities the global currency markets offer. In this blog post, we will explore the numerous benefits of online forex trading, shedding light on why [...]
The shares of MIC Electronics Ltd locked at the 5 percent upper circuit and reached an intraday high of Rs 20.55 on Tuesday's session. The company has a market capitalization of Rs 455 crores. Substantial movement in the stock price was noticed after the company received a project from Indian railways. As per the exchange [...]
Shares of Usha Martin jumped 9.29 percent on Tuesday’s early trades to reach an intraday high of ₹ 296.45 apiece, after brokerage firm Motilal Oswal bought a stake in the company. At 12:39 PM, its shares were trading at ₹ 285.45 a piece. According to the bulk deals data on the National Stock Exchange (NSE), [...]