Domestic indices started the week on a sluggish note but quickly gained positive momentum and moved higher. Information technology, telecommunication, and metal stocks led the rally. At 10:25 am, the BSE Sensex gained 0.24% reaching a level of 79,222. The Nifty 50 index added 0.28% to the 24,078 level. On the Sensex, Tech Mahindra, JSW …
On Monday, the benchmark indices were trading in the green with the Sensex up around 196 points or 0.25% at 79,237, while the Nifty-50 was up around 68 points or 0.28% at 24,078. About 2,364 shares have advanced; 940 declined and 137 are unchanged on the BSE. Top gainers and losers on the BSE Sensex …
About Sales Volume Escorts Kubota Limited reported tractor sales figures for June 2024, showcasing a mixed performance. While overall sales dipped slightly by 2.6% compared to June 2023, domestic sales managed a modest 1% growth. The company sold 9,593 tractors in June 2024, with domestic sales reaching 9,359 units. This indicates a continued positive trend …
On July 1, 2024, JSW Energy Limited informed in a stock exchange filing that the company’s wholly-owned step down subsidiary JSW Renew Energy (Raj) Limited, has signed a Power Purchase Agreement (PPA) with SJVN Limited for ISTS-connected solar capacity of 700 MW. The total locked-in capacity of the company stands at 13.9 GW. JSW Renew …
On June 30, 2024, Manganese Ore India Limited (MOIL), India’s leading producer of manganese ore, announced a revised price structure for various grades of manganese ore effective July 1, 2024. This move reflects MOIL’s strategy to adapt to evolving market dynamics. Targeted Price Increases for High-Grade Ore The revised prices see a strategic increase of …
Rane Holdings Ltd has announced a significant move towards acquiring the remaining 51% equity stake in Rane NSK Steering Systems Private Limited (RNSS) from its joint venture partner, NSK Ltd, Japan. This decision, approved by the Board of Directors on July 1, 2024, marks a strategic consolidation within the auto component industry. RNSS is currently …
Rane Holdings Ltd has announced a significant move towards acquiring the remaining 51% equity stake in Rane NSK Steering Systems Private Limited (RNSS) from its joint venture partner, NSK Ltd, Japan. This decision, approved by the Board of Directors on July 1, 2024, marks a strategic consolidation within the auto component industry. RNSS is currently …
Since 2008, eMudhra Limited, which is licensed under the Information Technology Act of India, has been issuing digital signature certificates in India. eMudhra provides a range of solutions to Indian consumers, with a large user base consisting of individuals, corporations, banks, government organizations, and small and medium businesses. eMudhra provides a range of services that …
Vedanta Resources, led by billionaire Anil Agarwal has announced it is set to regain control of Zambia’s Konkola Copper Mines (KCM) following a Zambian court’s approval of a debt settlement plan, it comes as Vedanta prepares to ramp up copper output in response to increasing global demand. Legal and Financial Struggles KCM was placed under …
Asian Paints, one of India’s leading paint companies, has recently announced a significant expansion of its manufacturing capacity at the Mysuru plant. This expansion is a strategic move to meet the growing demand for their products in the medium term. Here’s a breakdown of what this development means for the company and its stakeholders. Background …
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