In FY24-25, the Indian automobile industry witnessed a notable upswing, marked by a 12.5% surge in domestic sales over the preceding year. This expansion was fueled by strong economic fundamentals, supportive government initiatives, and a growing emphasis on sustainability practices like ethanol blending and the adoption of electric vehicles (EVs). Jefferies Group stands as a [...]
Indian Benchmark Indices were on a bearish tone from the past couple of trading sessions with the Sensex dipping 2,563.25 points (3.42 percent) in the last five trading sessions and closing today at 72,404.17. In addition, the Nifty 50 index, keeping the timeframe the same, reduced by 833.15 points (3.66 percent) and closed at 21,957.50. [...]
Incorporated in 1997, Reliance Naval and Engineering Ltd is engaged in the construction of vessels, repairs and refits of ships and rigs and heavy engineering. It was the first private sector company in India to obtain a license and contract to build warships. Reliance Naval & Engineering Ltd shares were suspended from trading on the [...]
Share price of this small-cap NBFC stock moved up by 8.8 percent on BSE to hit an intraday high at Rs. 626.8 in the trading session of Thursday, after reporting Q4 results with a rise in net profit by 59.4 percent YoY and revenue from operations by 42 percent YoY. With a market capitalisation of [...]
Logistics stock engaged in the business of providing logistics and supply chain solutions like freight forwarding, customs clearance and many more jumped 4 percent in the day’s trade upon receiving work orders worth Rs. 78 Crores. With a market capitalization of Rs. 586 Crores, the shares of S J Logistics Limited closed at Rs. 404.95, [...]
Nomura Holdings Inc. is a global Financial Services Group with an integrated network spanning 30 regions and countries. The Group acts as market makers, trading in equity & fixed income securities, including interest rates, currencies, derivatives, and other structured products. Recently, Nomura initiated coverage on the Defence sector with a buy rating, as the international [...]
Shares of this large-cap company fell around 3 percent in Thursday’s trading session despite signing an MoU with Mahatma Phule Renewable Energy and Infrastructure Technology Limited. The shares have delivered more than 90 percent to its shareholders in one year. With a market capitalization of Rs. 3,38,365 crores, the shares of NTPC Ltd started Thursday’s [...]
The shares of the non-ferrous metal products manufacturer gained up to 3 percent after the company’s board approved the investment in its subsidiary worth Rs 4.15 crore. With a market capitalization of Rs 421.70 crore, the shares of Shera Energy Ltd were trading at Rs 185 per share, decreasing around 0.56 percent as compared to [...]
The share price of this leading wine producer dropped by 9 percent to a day’s low of ₹ 493.25 per share after the company's Q4 net profit declined 4.9% to ₹13.55 crore. At 2:50 p.m.,Sula Vineyards Ltd shares were trading at ₹495.95 per share, down 8.45 percent on the National Stock Exchange. The company has [...]
Share price of a two and three-wheeler manufacturer globally jumped by 5.7 percent on BSE to hit an intraday high at Rs. 2,121.3 in the trading session of Thursday, after reporting Q4 results with a rise in net profit by 35.8 percent YoY and revenue from operations by 22.4 percent YoY. With a market capitalisation [...]
