This S&P BSE Smallcap stock rose 5% on Friday within the first hour of market open after it reported phenomenal growth in monthly sales volume and production volumes for the month of September 2023. The stock has been on an uptrend since April 2023 and currently trading 8% above its 20 day moving average and [...]
Shares of this listed commodity exchange gains 5.06 percent after speculations to get approval from SEBI regarding the launch of new platform On 6th October 2023 shares of Multi Commodity Exchange Of India Ltd closed at Rs. 2,047.95 per share up by 5.06 percent from previous closing price of Rs. 1,949.25 per share. Such bullish [...]
The Indian government is on a path of blending 20% ethanol into automobile gasoline in order to reduce dependency on foreign funds. As a result, the Indian ethanol sector has had a significant rise in recent months, achieving a 10% ethanol blending rate five months ahead of plan. However, in order to fulfill the government's [...]
In September 2023, this stock was listed on both BSE and NSE. Since the listing, the stock has given 37% returns to the investors. On Friday the stock rose more than 7% after it entered into a contract with BOB Finacial Solution Ltd and the stock climbed to a new 52-week high at Rs. 222.30. [...]
The shares of India’s largest hospitality chain gained 2 percent to Rs 121.50 per share on Friday, after the company launched India’s largest hotel by total rooms. At the day’s closing the shares of Lemon Tree Hotels were trading at Rs. 118.80 up by 0.76 percent from its previous day close price, and the market [...]
This penny stock jumped 5%, hitting its upper circuit shortly after the first hour of markets opening on Friday after it bagged an order from Kota Railway Division of West – Central Zone. The stock currently trades at Rs. 31.50 versus 30.01 at closing on Thursday. The company has a market cap of Rs. 698 [...]
The Goods and Services Tax (GST) Council recently tweeted that they will meet on 7th October 2023 for the purpose of discussing some pending reforms. One of the points on the agenda is with respect to the ‘Molasses’ wherein the Council is likely to reduce the GST from 28 percent to 5 percent. Listed below [...]
The shares of this green energy company gained 3 percent after it bagged an order for a solar power project. At 9:24 a.m the shares of KPI Green Energy were trading at Rs. 912, up by 3 percent from its previous day close price and the market capitalization of the company is 3,265 Cr. As [...]
Shares of the largest pharmaceutical company gained 1 percent after it announced acquisition of stake in a private Healtech firm. At 1:30 p.m the shares of Sun Pharmaceutical Industries were trading at Rs.1,130 up by 1 percent from its previous day close price and the market capitalization of the company is 2,70,668 Cr. As per [...]
Domestic benchmark indices ended the month of September in the green. The BSE Sensex gained 1,154.91 points, or 1.72 percent, and ended the month at 65,828. Similarly, the NSE Nifty 50 gained 395 points, or 2.1 percent, to 19,638.80. Despite the fall in the index, Global investors are looking at India as an attractive investment [...]
