Shares of this leading automotive component manufacturer increased by nearly 5 percent following the signing of an agreement with Sanco Connecting Technology, China, to provide Electrical Distribution Systems (EDS) solutions for the EV market. Share Price Movement During Wednesday's trading session, Minda Corporation Limited's share price opened at Rs.565 and peaked at Rs.589, marking a [...]
In Wednesday’s trading session, the shares of the third largest pigment producer globally surged 6.08 percent to Rs. 1,070 on BSE, following reports that the company is planning to acquire its German competitor, Heubach GmbH. With a market cap of Rs. 7,323.55 crores, at 11:31 a.m., the shares of Sudarshan Chemical Industries Limited were trading [...]
The shares of this smallcap compnay surged around 12 percent in Wednesday’s trading session after announcing a strategic collaboration with Onix Renewable Ltd for green and renewable energy. Price Movement: With a market capitalization of Rs. 1,735 crores, the shares of Rama Steel Tubes Ltd started Tuesday’s trading session on a flatter note at Rs. [...]
The shares of the power trading platform provider gained up to 1.2 percent after the company recorded its highest-ever monthly volume in the Real-time Market (RTM). With a market capitalization of Rs 18,458.67 crore, the shares of Indian Energy Exchange Ltd were trading at Rs 205.15 per share, decreasing around 0.36 percent as compared to [...]
In Wednesday’s trading session, the shares of the largest reinsurer in the domestic reinsurance market in India moved down by 5.4 percent to a day’s low of Rs. 398.6 on BSE, after the Government of India offloaded a 6.78 percent stake in the company through an offer for sale (OFS). With a market cap of [...]
The shares of agrochemical manufacturing gained up to 1 percent after the company announced the acquisition of a Thailand-based company worth 22000 USD. With a market capitalization of Rs 46,186.55 crore, the shares of UPL Limited were trading at Rs 604.50 per share, increasing around 0.45 percent as compared to the previous closing price of [...]
The Indian banking sector is experiencing strong profitability and significant credit growth, with net profits reaching record levels and NPAs substantially reduced. However, challenges remain, including risks associated with infrastructure lending, rising interest rates, and cybersecurity concerns. Here’s a list of banking stocks that Morgan Stanley has downgraded, urging caution: Federal Bank Limited With a [...]
The Indian market for smart meters and transformers is experiencing significant growth, driven by advancements in technology and increased investments in infrastructure. Smart meters, which enable real-time monitoring of energy consumption, are becoming essential in the push for energy efficiency and management. The Indian government’s focus on digital transformation in the energy sector is catalyzing [...]
The Indian home finance sector expanded steadily in FY24, with the prime housing finance market reaching Rs. 9.3 trillion and the entire housing finance market rising at a CAGR of 12.6% from FY19-23. Affordable home loans (less than Rs. 2.5 million) constituted 35% of the market as of 9M FY24. Share price movement Aadhar Housing [...]
Cable stocks in India represent a significant segment of the stock market, encompassing companies involved in the manufacturing and distribution of various types of cables, including power cables, communication cables, and speciality cables. The sector has shown growth potential, driven by increasing demand in infrastructure, telecommunications, and renewable energy projects. Listed below is one such [...]
