According to Steelradar, India's sponge iron sector is a vital component of the steel industry, producing approximately 52 million tonnes in FY 2023-24, marking an 18% increase from the previous year. As the world's largest producer since 2003, India contributes 13% of global sponge iron output, primarily using coal-based methods. With a market capitalization of [...]
In Tuesday’s trading session, the shares of one of the infrastructure solution provider in India hits 2 percent upper circuit in the day's trade after receiving a work order from Jindal Ferrous to supply of machines for the ongoing Blast Furnace Erection Commissioning Project Price action With a market capitalization of 219.81 Crores on Tuesday, [...]
The recent softness in the US Biosecure Act is poised to impact several Indian companies, particularly the pharmaceutical and biotechnology sectors. As the Act aims to limit US partnerships with specific Chinese biotech firms, Indian companies like Divi's Labs, Neuland Labs, and Piramal Pharma stand to gain from increased business opportunities. However, uncertainties surrounding the [...]
This stock under Rs.20 which deals in the manufacturing of forged hot, warm and cold, and machined components was up 15 percent after the company approved to set up a new forging plant to increase capacity. Price Action With a market capitalization of Rs.313.24 Crores, the shares of LGB Forge Limited were up by 15 [...]
In Tuesday’s trading session, the shares of one of the leading Healthcare companies in India almost fell by 3.5 percent day's trade despite the acquisition of a 5.4% stake from the Nippon India mutual fund. Price action With a market capitalization of 2,109.53 Crores on Tuesday, the shares of Suraksha Diagnostic Ltd fell by 3.5 [...]
The shares of the clean energy solution provider gained up to 2 percent after the company’s board considered and approved for bonus issue in the ratio of 1:1. With a market capitalization of Rs 27,051.53 crore, the shares of Indraprastha Gas Ltd were trading at Rs 386.65 per share, increasing around 0.26 percent as compared [...]
The Indian government is actively addressing malnutrition and protein deficiency through initiatives like the Poshan Abhiyaan and the National Nutrition Mission, aiming to improve nutritional standards and promote healthy eating habits. The government is focusing on increasing access to protein-rich foods, particularly in rural and underserved areas. This presents significant growth opportunities for FMCG companies [...]
The solar industry in India is a cornerstone of the country’s renewable energy transition, with ambitious targets to achieve 280 GW of installed solar capacity by 2030. Rising energy demand, supportive government policies like the National Solar Mission, and falling costs of solar technology have propelled growth. India’s strategic geographic location with abundant sunlight makes [...]
In Tuesday’s trading session, the shares of one of the leading Pharmaceuticals companies in India hits 5 percent upper circuit in the day's trade after acquisition of land for setting up of a new state-of-the-art Research and Development (R&D) Centre Price action With the market capitalization of 711.88 Crores on Tuesday, the shares of Ind-Swift [...]
The shares of the leading PV module manufacturer gained up to 8 percent after the company bagged a prestigious work order for Solar PV Modules. With a market capitalization of Rs 1,720.73 crore, the shares of Solex Energy Ltd were trading at Rs 1,592.90 per share, increasing around 6 percent as compared to the previous [...]
