The shares of this smallcap company jumped around 2 percent in Monday’s trading session after receiving an order worth Rs. 15.4 crores for the supply of full-scale combustors for the development of next-generation engines for defence programs. Price Movement: With a market capitalization of Rs. 5,403 crores, the shares of MTAR Technologies Ltd started Monday’s [...]
In Monday’s trading session, the shares of India’s leading City Gas Distribution (CGD) company surged 8.4 percent to Rs. 854.65, after the company secured $375 million funding to expand its city gas distribution (CGD) business. At 12:00 p.m., the shares of Adani Total Gas Limited were trading in the green at Rs. 834.6, up by [...]
Shares of this NBFC stock fell 10 percent following the disclosure of increased credit losses for Q2 FY25, with the decline further intensified by a downgrade from brokerage firm Investec. Share Price Movement Shares of Fusion Micro Finance Limited hit a 10 percent lower circuit, dropping to Rs.274.7 per share from its previous close of [...]
Shares of this leading telecom stock surged incredibly by around 12 percent after securing a $3.6 billion (approx. Rs.30,000 crore) deal with global telecom equipment suppliers Nokia, Ericsson, and Samsung. Share Price Movement Shares of Vodafone Idea Limited rose nearly 11.7 percent to an intraday high of Rs.11.71 per share from its previous close of [...]
The compound annual growth rate (CAGR) is the mean annual growth rate of an investment over a period longer than one year, considering the effect of compounding. It's one of the most accurate ways to calculate and determine returns for individual assets, investment portfolios, and anything that can rise or fall in value over time. [...]
India's IPO market is booming, with companies raising $8.6 billion in 2024, surpassing the totals from the previous two years and capturing 25 percent of the global IPO market. This surge, driven by strong investor confidence, high liquidity, and a resilient economy, positions India as a standout performer amid a global IPO downturn. An Initial [...]
The CASA (Current Account and Savings Account) ratio is indeed a key financial metric for banks, especially in the public sector. It measures the proportion of low-cost deposits (current and savings accounts) to total deposits. A higher CASA ratio implies that a larger share of the bank's deposits comes from current and savings accounts, which [...]
Green hydrogen is emerging as a key solution in the global effort to decarbonize industries, reduce reliance on fossil fuels, and transition to a more sustainable energy system. It has the potential to revolutionize the energy landscape by offering a clean, versatile, and sustainable solution to some of the toughest challenges in the energy and [...]
Shares of this diversified financial services group increased by 2.5% on the NSE after it repaid Rs. 163.75 crores for an outstanding term loan and interest, thus attaining debt-free status. Stock Price Variations: With a market capitalization of Rs. 8,960.91 crores the shares of Religare Enterprises Ltd started the session with a gap up opening [...]
A Maharatna company involved in the production and sale of power to state power utilities has captured investor attention following board approval of an investment of Rs.20,921.85 crore in two thermal power plants. Price Variation In Friday’s trading session, NTPC (National Thermal Power Corporation) Ltd’s shares rose to an intra-day high of Rs.431.4 per share, [...]
