The shares of leading cement manufacturers have fallen 2 percent despite the company announcing a Rs 1,600 crore investment to build 6 MTPA cement grinding unit in Bihar. Ambuja Cements Ltd has a market capitalization of Rs 1.58 lakh crore, the shares were trading at Rs 644.55 per share, decreasing around 1 percent as compared [...]
The shares of this microcap company locked a 2 percent lower despite reporting an increase in net profits by 282 percent. In one year, the stock has delivered more than a 200 percent return to its shareholders. Price Movement: With a market capitalization of Rs. 204 crores, the shares of Shradha AI Technologies Ltd started [...]
Shares of India’s third largest PSU bank received a buy call from Axis Securities for an upside of 38 percent. Bank of Baroda is engaged in providing various services, such as personal banking, corporate banking, international banking, small and medium enterprise (SME) banking, rural banking, non-resident Indian (NRI) services, and treasury services. With a market [...]
Green Energy stock engaged in manufacturing solar photovoltaic modules and providing turnkey solar solutions jumps 4 percent in the day’s trade upon receiving multiple work orders worth Rs. 13.40 Crores. Price Action With a market capitalization of Rs. 1248 Crores, the shares of Solex Energy Limited were trading at Rs. 1,560 per equity share, up [...]
The Adani Group's success in India can be credited to its diversification, strong leadership, strategic partnerships, investment in infrastructure, and focus on sustainability, all of which have contributed to its growth and prominence in the business landscape. It is also one of India's largest conglomerates and has the potential to significantly contribute to India's development [...]
As India continues to develop, its energy requirements are on the rise. In 2023, power generation in India surged by 11.3%, marking the quickest pace in at least five years. According to the National Electricity Plan (NEP) 2022-32, energy demand in India is projected to grow at an annual rate of 6.2%. Peak demand is [...]
The S&P Bombay Stock Exchange Sensitive Index (Sensex) dropped up to 900 points in the week's last trading session, while the wider NSE Nifty 50 plummeted over 300 points. The BSE Sensex finished at 80,981.95, down 1.08 percent or 885.60 points, while the Nifty 50 down 293.20 points, or 1.17 percent, to 24,717.70. Here is [...]
The Indian Benchmark Indices closed in Red on Friday with the Sensex losing around 885.60 points ending the week at 80,981.95 and the Nifty 50 index losing around 293.20 points ending the week at 24,717.70. In the last five trading sessions, the Sensex declined by approximately 0.76 percent or 621.56 points, while the Nifty 50 [...]
TATA Group is one of India's largest conglomerates, comprising 30 companies across ten verticals. The group operates in over 100 countries across six continents. Tata Sons is the principal investment holding company and promoter of Tata Companies. The group imprints are found in a wide range of sectors. As of March 31, 2024, there are [...]
The Net Interest Margin is one of the metrics that signifies the profitability, efficiency, and performance of a bank by measuring and comparing the interest income generated from credit products such as loans, and mortgages, and the interest expenses associated with holding deposits and other liabilities. Listed below are some of the banks that have [...]