The shares of Adani Ports and Special Economic Zone Limited inches marginally higher and were trading at Rs 956 levels till 11.40 am on Thursday. The shares zoomed by 2 per cent to reach their 52-week high of Rs 958.80 in the early hours on Wednesday. In the last five trading days, the stock has [...]
Tata Motors expects 20 per of its total passenger vehicle sales in the domestic market to come from electric vehicles in the next three years, a senior company official said on Thursday. The company, which has electric models such as Nexon EV and Tigor EV, expects to touch 50,000 units mark in total EV sales [...]
Energy giant Shell plans to set up more than 10,000 electric vehicle (EV) charging points in India by 2030. Shell launched its first EV chargers in India, for the four-wheeler and two-wheeler segments in Bengaluru on Thursday. India is the first market for Shell to launch chargers for two-wheelers. "The company plans to set up [...]
The shares of Jayant Infratech Limited opened at Rs 438.55 as against its previous close of Rs 417 and were locked in an upper circuit of 5 per cent. The stock started to rally after the company announced that it has bagged its biggest ever work order (WO) worth Rs. 54 crores from ECI-SEEIPL(JV). The [...]
The festive season is nearing and the jewellery sector is shining bright as the sales have picked up after the pandemic. The shares of Kalyan Jewellers are dazzling. They have gained more than 18 per cent in the past two days and have reached an all-time high of ₹ 101.40 apiece on the National Stock [...]
Fitch Ratings on Thursday slashed India's GDP growth projection for FY23 to 7 per cent, saying the economy is expected to slow against the backdrop of global economy, elevated inflation and high interest rate. In June, it had forecast 7.8 per cent growth for India. “We expect the economy to slow given the global economic [...]
The shares of TRF Ltd. were locked in an upper circuit for the third session in a row. The company’s shares opened 10 per cent higher on Thursday and in the past five days, the share price of the company has surged 59.30 per cent from ₹168.30 apiece to the current level. The company’s shares [...]
Multibagger stocks are those that give at least 100% returns in a given time frame. Quite often, the shares of companies take a while to deliver multibagger returns to their shareholders. This could be a year or more. However, some companies deliver multibagger returns in a very short span of time. Baroda Rayon Corp Ltd. [...]
Domestic benchmark indices slipped after opening higher on Thursday. Asian markets were steady but fragile and investors are worried about the interest rate hikes by the US Fed. At 11:32 AM, the NSE Nifty 50 was trading at 17911.65 points, up 28.60 points or 0.16%, while the BSE Sensex was at 60069 points, down 0.46% [...]
Shares of Tamilnad Mercantile Bank on Thursday made a muted market debut and fell by nearly 3 per cent at the NSE against its issue price of Rs 510. At the NSE, the stock made its debut at Rs 495, lower by 2.94 per cent from the issue price. The company's shares listed at par [...]
Future Enterprises on Wednesday said its consolidated net loss widened to Rs 2,295.90 crore in the fourth quarter ended March 2022 due to factors including failure of the deal with Reliance, attrition of employees and litigations. The company had posted a consolidated net loss of Rs 281.76 crore in the January-March quarter a year ago, [...]
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