Infra stock engaged in the business of providing EPC services across various sectors like urban infrastructure, mass rapid transit systems, airports, highways, and many more jumped 12 percent in the day’s trade upon posting robust Q1FY25 results with a 92 percent jump in Net Profits. Price Action With a market capitalization of Rs. 9,177 Crores, [...]
The shares of the leading provider of artificial intelligence and analytics services rose by 3.8% to ₹483.50 per share on Thursday, following the company's report of a 79% net profit growth in the June quarter. At 11:05 a,m., R Systems International Ltd shares were trading at ₹476.45 per share, up 2.28 percent from the previous [...]
The shares of this microcap company jumped around 2 percent in Thursday’s trading session after receiving an order from the National Highways Authority of India. In one year, the stock has delivered more than a 40 percent return to its shareholders. Price Movement: With a market capitalization of Rs. 55.4 crores, the shares of Artefact [...]
The shares of the defence component manufacturer gained up to 4 percent after the company received a new export order from Bloom Energy Corporation worth Rs 140 crore. MTAR Technologies Ltd has market capitalization of Rs 5,669.92 crore, the shares were trading at Rs 1,843.30 per shares, increasing around 2 percent as compared to the [...]
Investors prefer Public Sector Undertakings (PSUs) in India due to their stability and government backing, which reduce default risks. PSUs offer a blend of security, regular income, and potential for growth, making them appealing to investors seeking stable returns and lower risk. The Future order book guidance is crucial for assessing a company's expected revenue, [...]
The cybersecurity sector in India is rapidly evolving, driven by increasing digitalization and a growing awareness of cyber threats. According to reports, as of 2023, the Indian cybersecurity market is projected to reach approximately USD 6 billion, with expectations to account for 5 percent of the global market by 2028, reflecting a compound annual growth [...]
India stands as the world’s second-largest cement producer, contributing over 8 percent of the global installed capacity. Notably, the private sector holds a dominant 98 percent of this capacity, with the remaining share held by the public sector. The top 20 cement companies in India collectively account for about 70 percent of the country’s total [...]
Life Insurance Corporation (LIC) is the largest insurance provider in India, holding over 66.2 percent of the market share in new business premiums. One of the crucial roles of LIC is to invest in global financial markets and different government securities after gathering funds from people through their various life insurance policies. Portfolio Enhancement Life [...]
In July 2024, Indian equities witnessed a Foreign Portfolio Investment (FPI) inflow totaling ₹32,365 crore ($3,874 million or $ 3.8 Billion), as reported by the National Securities Depository Ltd. (NSDL).This was the second-largest FPI inflow of the year, following March 2024. Overall, FPI inflows for the month totaled ₹48,796 crores ($ 5,840 million or $ [...]
After three days of fall, the Nifty recovered well and moved in positive territory throughout the day. The broader market excelled, rising more than 2%. All sectors ended in the green, with the leading gainers being oil and gas, pharmaceuticals, and metals. At close, the Sensex was up 874 points or 1.1% at 79,468.01 and [...]
