Sugar industry body ISMA has revised downwards the country's sugar production estimate to 328 lakh tonnes for the current marketing year ending September, from an earlier projection of 340 lakh tonnes. The downward revision has been made due to a fall in sugar output in Maharashtra to 105 lakh tonnes in the 2022-23 marketing year [...]
Credit cards are an essential part of a modern shopper’s life, offering a convenient way to purchase and build credit scores simultaneously. However, keeping track of credit card bills and making timely payments can take time and effort. Fortunately, some of the best credit card payment apps have made the process much more manageable. In [...]
Sanofi India has announced a total dividend of ₹ 377 per share. This includes a final dividend of ₹ 194 per share and a special dividend of ₹ 183 per share. It is a small-cap company engaged in the business of manufacture and sale of pharmaceutical products. The record date for determining the eligibility of [...]
Shares of India's largest insurance company closed at a price of Rs 548.30. The scrip was down around 0.20 percent as compared to the previous closing price of Rs 549.40. The stock is trading closer to the 52-week low level of Rs 530.05. As per the data published by Life Insurance Council, the total premium [...]
Homegrown Larsen & Toubro (L&T) on Tuesday said its power transmission and distribution business has won significant orders in the domestic and overseas markets. The infrastructure major did not disclose the financial details of the projects. However, according to its classification, significant orders value in the range of Rs 1,000-2,000 crore. The power transmission & [...]
Equity benchmarks Sensex and Nifty closed higher for the second straight session on Tuesday, helped by buying in power and utility stocks amid positive quarterly numbers announced by heavyweight companies. However, foreign fund outflows and a muted trend in global equities capped the gains, traders said. In a highly volatile trade, the 30-share BSE Sensex [...]
Gaining for the second day in a row, shares of Rail Vikas Nigam Ltd (RVNL) shot up 20% by 03:15 PM on Tuesday to reach a new all-time high of ₹ 105.30 apiece on the bourses. RVNL is engaged in implementing various rail infrastructure projects assigned by the Ministry of Railways. This includes doubling, gauge [...]
India’s second-largest IT company Infosys has signed a deal with the world’s largest oil producer Aramco to use artificial intelligence and automation tools to build its HR technology. Its shares closed at ₹ 1227.00 apiece on Tuesday. Infosys plans to embed digital transformation practices across Aramco’ HR platform to enhance the overall experience of employees [...]
Shares of Anupam Rasayan India Limited gained nearly 5 percent today and currently trade at Rs 1,126. In the last 5 trading sessions, the stock has gained 10 percent ranging from Rs 1,022 to the current price levels. The scrip touched its 52-week high mark today at a price of Rs 1,132.70. One of the [...]
Benchmark indices are trading flat amid the volatility faced in the stock market today. The Sensex is up 172 points (0.29 percent) at Rs 60,228.16, and the Nifty 50 is up 57 points (0.32 percent) at Rs 17,800.20. Listed below are 2 stocks that witnessed a downfall of up to 12 percent today and touched [...]
Domestic benchmark indices were trading sideways on Tuesday. The Sensex reclaimed the 60,000-level mark after opening in the negative territory, and was at 60,179 points, up 0.21% at 11:50 PM. Meanwhile, the broader Nifty 50 opened in the green and was trading 0.26% higher at 17788.95 points. Though the markets were flat, here are a [...]
Shares of Nelco Limited, a Tata Group stock, started its trading session today at Rs 565 and currently trade at Rs 603. The scrip is approximately 10 percent up as compared to the previous closing price of Rs 548.95. In the last one month period, the shares have generated returns of around 20 percent for [...]
A ‘Blue-Chip’ stock is a stock of well-established, large, and financially sound companies that have operated for many years and have dependable earnings. Such companies are often observed to be paying dividends to their investors. One such Blue-Chip company, Reliance Industries Limited, has marginally fallen today and trades at a price of Rs 2,354. The [...]
Shares of Aditya Vision Limited currently trades at Rs 1,460, which is around 0.8 percent down from the closing price of Rs 1,471. In the last 5 trading sessions, the company has been able to gain around 1.6 percent for its stakeholders. Keeping a purview of roughly 3 years, from mid of March 2020 till [...]
Those familiar with the forex market must be aware that it is the largest, most liquid and decentralised market space with millions of active traders. In a nutshell, the currency market is much bigger than you think, as we only see a fraction of it with retail forex trading. The global forex market keeps on [...]
Tata Consumer Products Limited (TCPL), a company that owns the brand Tata Starbucks, is a joint venture between Starbucks Coffee Company and TCPL which arrived in India in October 2012. The shares of the company were trading 4 percent higher at Rs 728 levels till the afternoon on Monday. The scrip gained ahead of the [...]
With a market capitalization of Rs 631,828 crores, shares of ICICI Bank Limited hiked about 2.2 per cent and closed at a price of Rs 905.30. In the last one month period, the stock has generated returns of around 7 per cent for its stakeholders. The surge in prices today was observed after the company [...]
Josts Engineering Company Limited focuses on the business areas such as material handling, industrial finishing, and engineered products. The company has recently announced the splitting of its shares. It is a micro-cap company with a market capitalization of Rs 152 Crores. Josts Engineering Company will split its shares in the ratio of 5:2. This means [...]
Shares of Goldstone Technologies Limited are locked in the 5 percent upper circuit today at a price of Rs 58.95. In the last one month period, the stock has gained around 20 percent ranging from Rs 49.60 to the current price levels. The company has a market capitalization of Rs 203 crores. Keeping a purview [...]
With a market capitalization of Rs 115,000 crores, shares of HDFC Life Insurance Company Limited zoomed more than 4 percent today and currently trade at Rs 535. The scrip witnessed an intra-day high of around 8 percent as compared to the previous closing price of Rs 513.30. One of the probable reasons for the stock [...]
