India's textile industry is a major sector, contributing 12% to exports and employing over 45 million people. With a market size of $223 billion in 2022, it is the world's second-largest producer of textiles and garments, accounting for 13% of industrial production and 5% of GDP. Today, the government of India announced a capex of [...]
Alcohol stock primarily involved in the manufacturing and sale of Indian-made foreign liquor, extra-neutral alcohol, and many more in focus after Foreign Institutional Investor sold a part of its stake in it. Price Action With a market capitalization of Rs. 4,826 Crores, the shares of Tilaknagar Industries Limited were trading at Rs. 250.30 per equity [...]
On June 26, during the trading session, Indian indices reached a historic milestone. The Nifty 50 climbed to a record high of 23,882.50 points, up by 0.70%, and the S&P BSE Sensex hit a peak of 78,721.83, marking a 0.80% gain. In today's trading, Reliance Industries Ltd saw a 3.7% increase, reaching an intraday peak [...]
Shares of this microcap company clocked 10 percent upper circuit in Wednesday’s trading session after entering into Tech Enabling Service Agreement with Virat Kohli-backed company. The shares were listed on the NSE SME platform on May 10, 2024, at a listing price of Rs.118.50 per share, which was a 50 percent premium over the IPO [...]
The shares of this small-cap company gained up to 2 percent in intraday despite Goldman Sachs Fund sold a 47.97 lakh equity share in the company. Restaurant Brands Asia Ltd has a market capitalization of Rs 5,232.21 crore, the shares were trading at Rs 105.50 per share, increasing around 1.20 percent as compared to the [...]
Market Leader stock which is one of the leading manufacturers of technology-based polymer and composite products, jumped 4 percent in the day’s trade upon receiving a work order from IOCL for a consideration of Rs. 55 Crores. Price Action With a market capitalization of Rs. 7,647 Crores, the shares of Time Technoplast Limited were trading [...]
Shares of this microcap company locked 20 percent upper circuit in Wednesday’s trading session after receiving an order worth Rs. 17.13 crores from Rajasthan Medical Services Corporation Limited. Price Movement: With a market capitalization of Rs. 159 crores, the shares of Sotac Pharmaceuticals Ltd started Wednesday’s trading session on a higher note at Rs. 140.95 [...]
Shares of this large-cap company fell around 1 percent despite Morgan Stanley, ICICI Prudential MF bought stakes in the company via block deal. The shares have delivered more than 40 percent returns to its shareholders in one year. Price Movement: With a market capitalization of Rs. 60,454 crores, the shares of Alkem Laboratories Ltd started [...]
Infra stock engaged in providing engineering, procurement, and construction (EPC) services and operation & maintenance for a wide range of infrastructure projects for Government and Private players jumped 7 percent in the day’s trade upon receiving a work order worth ~Rs. 273.11 Crores from U.P. Jal Nigam. Price Action With a market capitalization of Rs. [...]
The shares of this small-cap company have fallen up to 6 percent after the promoter of the company will sell 90.92 lakh shares via an offer for sale. With a market capitalization of Rs 2,632.34 crore, the shares of Sanghi Industries Ltd were trading at Rs 101.90 per share, decreasing around 1 percent as compared [...]