Cochin Shipyard Limited(CSL) stock started its trading session at Rs 448.40 today and is currently trading at Rs 461.85. The stock witnessed an intra-day high of Rs 473.60 which is an upside of around 6.67 percent to the previous closing levels of Rs 444. One of the reasons for such a stock movement today is [...]
The shares of Sunflag Iron & Steel Company Ltd. hit a new all-time high of ₹ 162.50 apiece on the National Stock Exchange (NSE) amid heavy volumes. This happened after the company acquired an 11.89% stake in Lloyds Metals. At 11:47 AM, the stock was trading 6.88% higher at ₹ 160.00 apiece, as compared to [...]
The benchmark index NIFTY 50 ended in the red at 17,100.05 points for the week losing 318.7 points or 1.83%. Similarly, the 30-stock BSE Sensex closed at 57,989 points, down 2.01% or -1,186.57 on a weekly basis. Investors closely follow the Tata Group stocks for any developments. This week, two Tata Group companies came into [...]
India’s largest energy conglomerate NTPC Ltd. updated in a statement on Thursday that Malaysia’s Petronas has proposed to buy a 20% holding in the renewable energy business of the company for Rs 3,800 crore. If concluded, this will be the first of its kind purchase transaction by an Indian public sector undertaking (PSU). NTPC Green [...]
Ashish Kacholia, commonly known as the ‘big whale’ in the Indian stock market is well-known for his absence from media cycles, avoiding interviews and journalists. He lets his portfolio speak for itself. His portfolio includes stocks from hospitality, education, infra and manufacturing sectors and is worth over ₹ 1700 crores. Here are the top 5 [...]
A rally in IT stocks overpowered weak global cues and relieved investors as domestic equity indices opened in the green. The thirty-share BSE Sensex opened for the week at 59,033.77 points and the fifty-share NSE Nifty 50 at ₹ 17,421.90 points. Realty and metal sectors were star performers in Friday's session. The indices closed in [...]
Formed in 2002, Rail Vikas Nigam Ltd. (RVNL) is a public-sector undertaking under the Ministry of Railways. It is responsible for the implementation of infrastructure projects of the Railways Ministry in India. These projects can be the installation of railroad tracks, their upgrade/changes, railway electrification, building major bridges, and setting up workshops or production units. [...]
The stock of NHPC Ltd. jumped as much as 5.8% to touch the day’s high of Rs 43 per share during the first half of the trading session on Friday. This took the market capitalization of the ‘Mini Ratna’ status hydropower projects developer upwards of Rs 43,000 crore. The increase in the share price of [...]
The shares of Olectra Greentech gained 9.44% on Friday’s early trades to reach an intraday high of ₹ 654.60 apiece on the National Stock Exchange (NSE) after volumes jumped at the counter. 44.12 lakh shares changed hands on the counter by 01:20 PM against 18.43 lakh shares on the previous day. Olectra Greentech is engaged [...]
The shares of Sterling Tools Ltd. surged 9.86% on Friday’s early trades to reach a 52-week high of ₹ 392.60 apiece on the Bombay Stock Exchange (BSE) following a strong business outlook by its management. Sterling Tools is one of the largest automotive fastener manufacturers in India. It entered the electric vehicle (EV) space in [...]
