Recently, Adani group stocks declined due to SEC allegations including Adani Group and there was backlash on that news. Then Adani came up with the response to those allegations providing more clarification on the issue. Price Action of Adani Companies today After the clarifications, the group company stocks outperformed the nifty index today with Adani [...]
Infra stock engaged in the construction and development of roads, railways, bridges, and other structures hit a 2 percent upper circuit in the day’s trade upon receiving work order worth ~Rs. 70 Crores from Western Railways. Price Action With a market capitalization of Rs. 475 Crores, the shares of A B Infrabuild Limited hit a [...]
The demand for OTT (Over-the-Top) streaming services in India has surged in recent years, fueled by widespread internet penetration and the increasing use of smartphones. Platforms like Netflix, Amazon Prime Video, Disney+ Hotstar, and Sony LIV dominate the market, offering a diverse range of content, from movies and TV shows to sports and web series. [...]
India's fintech ecosystem has seen remarkable growth, with the rise of innovative companies like Paytm, PhonePe, Razorpay, and Policybazaar, transforming financial services. The sector includes payments, lending, wealth management, insurance, and blockchain technologies. Startups are leveraging technology to offer easy-to-use platforms for digital wallets, loans, and investments, making financial services more accessible. With a massive [...]
AI stock engaged in the business of software development, providing surveillance, custom robots, drones, and many more jumped upto 3 percent in the day’s trade upon fixing record date for the bonus issue of 1:1. Price Action With a market capitalization of Rs. 1,892 Crores, the shares of Kody Technolab Limited were trading at Rs. [...]
This Midcap Cable stock which deals in manufacturing cables and wires like HT cables, EHV cables, and LT cables, and sells products in India and overseas, was up by 8 percent in the day’s trade after the company announced raising funds through QIP at Rs. 3,880.54 per share. Price Action With a market capitalization of [...]
Central Depository Services Limited (CDSL) is a key institution in India's capital markets, enabling the electronic holding and trading of securities. Founded in 1999, CDSL has become integral to market infrastructure, offering services that boost operational security and efficiency. Its revenue streams include annual issuer fees, transaction charges, and a variety of value-added services for [...]
Despite the broader market correction, with the Nifty Midcap index falling from 13,407 to 12,022 and eventually recovering to 12,569, certain stocks have demonstrated remarkable resilience. These stocks, are not only trading close to their 52-week highs but are also maintaining positions above their 5-day simple moving averages, indicating strong underlying bullish momentum even in [...]
The Cabinet Committee on Economic Affairs has approved three projects of the Ministry of Railways with a total cost of approximately Rs. 7,927 Crores, covering seven districts in Maharashtra, Madhya Pradesh and Uttar Pradesh, therby increasing the existing network of Indian Railways by about 639 Kms. The Ministry of Railways stated “The proposed multi-tracking projects [...]
Founded in 1956, the company is an automotive manufacturing leader delivering high-quality products globally, with a strong focus on detail and client relationships. The company offers a comprehensive product portfolio through its joint ventures, including sealings, NVH solutions like heat shields, plastic components, forged and machine components, chassis, suspension, BIW components, anti-vibration components, and hoses. [...]
