India aims for $500 billion in electronics sector growth by the end of the decade, up from the present $150 billion. Following this, the demand for semiconductors in the country is forecasted to surpass $80 billion by 2026 and $110 billion by 2030. The semiconductor industry is often described as the “brain” of modern-day technology. [...]
The Oilfields (Regulation and Development) Amendment Bill, 2024 was recently passed by the Rajya Sabha and is yet to be passed by Lok Sabha. This bill is aimed at improving the operational landscape for Indian oil companies by delinking petroleum operations from mining. This separation introduces a new 'petroleum lease' concept which streamlines regulations and [...]
This Murugappa group company which is foraying into semiconductors, rail systems, and others has capex plans of Rs. 688 crore and announced plans for semiconductors and bought a stake in G.G.Tronics is making inroads to maintain growth and grabbing opportunities that align with government policies. Price Movement CG Power & Industrial Solutions Limited's stock in [...]
India's aerospace and defence sector is poised for significant growth, targeting a turnover of Rs 1.75 lakh crore by 2025, including Rs 35,000 crore in exports. With a budget allocation of Rs 6.22 lakh crore for FY 2024-25, the industry is set to expand rapidly, driven by modernization and indigenous manufacturing initiatives. With a market [...]
The luggage industry in India is witnessing a huge demand in tourism which can benefit two leading players, VIP Industries and Safari Industries. With projected market growth fueled by increasing travel demands and changing consumer preferences, investors need to assess these companies based on their analysis. However, the Ace Investor Vijay Kedia has bet on [...]
Listed Below is the second-largest player in the container glass segment in India, engaged in the business of manufacturing and selling Container Glass bottles, PET bottles, and Security Caps and Closures under the Packaging Products segment. It has delivered a return of 2,888 percent in just 5 years there by multiplying the investor's money. Price [...]
The shares of the pharmaceutical company gained up to 8 percent after the company received Marketing Authorization for Pemetrexed 500mg in the Philippines. With a market capitalization of Rs 447.73 crore, the shares of Venus Remedies Limited were trading at Rs 334.95 per share, increasing around 4.25 percent as compared to the previous closing price [...]
The shares of the largest solar panel manufacturer gained up to 5 percent after the company secured NABL accreditation for its cutting-edge PV Module Test Lab (PMTL). With a market capitalization of Rs 83,047.83 crore, the shares of Waaree Energies Ltd were trading at Rs 2,896.45 per share, increasing around 2.02 percent as compared to [...]
Auto Ancillary stock one of India’s largest manufacturers of MHCV clutches engaged in manufacturing Clutch products, systems, and Hydraulics hit a 10 percent upper circuit in the day’s trade following expansion and growth in revenue. Price Action With a market capitalization of Rs. 183 Crores, the shares of Setco Automotive Limited hit a 10 percent [...]
The shares of the chemical manufacturing company gained up to 18 percent after Narmada Gelatines Limited acquired 10 lakh equity shares in the company. With a market capitalization of Rs 295.86 crore, the shares of India Gelatine & Chemicals Ltd were trading at Rs 417.15 per share, increasing around 10 percent as compared to the [...]
