Bluechip Stock with a strong presence across automobile, agriculture, logistics, hospitality, financial services, IT, and many others jumped 3 percent in the day’s trade upon signing an MoU to explore opportunities for developing and providing Anti-Drone Solutions to military and civilians. Price Action With a market capitalization of Rs. 3,49,302 Crores, the shares of Mahindra [...]
Textile stock engaged in the manufacturing of high-quality yarns, socks and many more to big players like Adidas, Fila and many others hit a 5 percent upper circuit in the day’s trade after its subsidiary received a new export order worth $43,875,000. Price Action With a market capitalization of Rs. 1,008.42 Crores, the shares of [...]
The shares of this large-cap compnay jumped around 2 percent after launching a generic formulation to treat ovarian cancer in the United States. The stock has delivered around 70 percent return to its shareholders on a YTD basis. Price Movement: With a market capitalization of Rs. 1,02,129 crores, the shares of Lupin Ltd started Friday’s [...]
The shares of this Navratna CPSE firm under the Ministry of Railways (MoR) surged by 4.5 percent to reach an intraday high of Rs 605. per share, on Friday after the company secured ₹202 crores from Indian railways. At 12:46 p.m., Rail Vikas Nigam Ltd (RVNL) shares were trading at ₹600.45 per share, up 3.65% [...]
The government of India (GoI) has removed the cap on sugar diversion for ethanol production for the 2024-25 season reversing last year's ban. This policy change allows sugar mills to produce ethanol from sugarcane juice and B-heavy molasses, enhancing their operational flexibility and potential profitability. Following the new update on the removal of the cap [...]
Alliance Bernstein Holding L.P., a leading global asset management firm, offers investment management and research services to a broad client base, including institutional investors, high-net-worth individuals, and retail clients. Bernstein recently initiated coverage on India's retail and restaurant sectors, suggesting that demand can be unlocked beyond the top 10 percent of the wealth pyramid and [...]
The shares of this midcap company jumped around 3 percent after its first EVM order from West Bengal State Election Commission. In one year, the stock has delivered more than 150 percent return to its shareholders. Price Movement: With a market capitalization of Rs. 29,542 crores, the shares of ITI Ltd started Friday’s trading session [...]
Following the announcement of the RP-Sanjiv Goenka Group (RPSG)'s five-year growth plans by Chairman Sanjiv Goenka, RPSG Group companies—primarily PCBL and CESC—have seen their overall market capitalisation increase by more than Rs. 16,000 crores in just one month. Sanjiv Goenka's current net worth is $4.6 billion. Meanwhile, the combined market cap of RPSG Group stands [...]
The global shipbuilding market is projected to expand from $150 billion to $180 billion by 2030, presenting a significant opportunity for Indian shipbuilders to increase their share. With a focus on indigenizing the supply chain and enhancing technological capabilities, the Indian shipbuilding industry is poised for a transformative phase in the coming years. With a [...]
The Sensex ended the session up by 399.73 points or 0.49 percent at 82,185.29, while the Nifty gained 106.20 points or 0.42 percent to close at 25,158.50. Market breadth was negative, with 1,348 shares advancing, 2,421 shares declining, and 95 shares remaining unchanged. The BSE Midcap and Smallcap indices both declined by 0.5 percent. The [...]
