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Best Solar Energy Stocks in October 2024 Based on 5Y CAGR

Best Solar Energy Stocks in October 2024 Based on 5Y CAGR

25 September 2024

As of 2023, India ranked 4th in terms of installed renewable energy capacity, wind power capacity, and solar power capacity. The installed renewable power generation capacity has increased at a fast pace over the past few years, posting a CAGR of 15.4% between FY16 and FY23. India’s capacity for renewable energy in FY23 is 125.15 …

Gillette India: P&G Bangladesh terminated the distribution agreement effective Dec. 31

Gillette India: P&G Bangladesh terminated the distribution agreement effective Dec. 31

25 September 2024

Gillette India can retain a high degree of autonomy and control while simultaneously taking advantage of the knowledge and assets of its parent company, P&G, thanks to this ownership structure. The promoter group’s resolute support affords stability and support to the company’s operations, freeing it to concentrate on innovation and growth within the fiercely competitive …

PC Jeweller to hold board meet on September 30 to consider stock split

PC Jeweller to hold board meet on September 30 to consider stock split

25 September 2024

PC Jeweller Limited has quickly grown to become one of the leading jewellery retailers in India, known for its wide range of high-quality gold, diamond, and silver jewellery. The company’s success can be attributed to its commitment to providing customers with exquisite designs, superior craftsmanship, and exceptional customer service. With a strong presence in major …

Birlasoft Secures AWS Competency in Manufacturing and Industrial Solutions

Birlasoft Secures AWS Competency in Manufacturing and Industrial Solutions

25 September 2024

On September 25, 2024, Birlasoft announced that it achieved the Amazon Web Services (AWS) Manufacturing and Industrial Consulting Competency status, further solidifying its reputation as a leader in cloud-based solutions.  As part of the $3 billion CK Birla Group, which boasts over 35,000 employees and 52 manufacturing facilities worldwide, Birlasoft showcases significant technical proficiency and …

Best EV (Electric Vehicle) Stocks in October 2024 – 5yr CAGR Basis

Best EV (Electric Vehicle) Stocks in October 2024 – 5yr CAGR Basis

25 September 2024

By 2030, India aims to have electric vehicles makeup 30% of private car sales, 70% of commercial vehicle sales, 40% of bus sales, and 80% of two-wheeler and three-wheeler sales. This ambitious goal will translate to about 80 million road EVs by 2030. India also aims to produce domestically EVs through its ‘Make in India’ …

Best Long-Term Stocks in October 2024 – Based on 5yr CAGR

Best Long-Term Stocks in October 2024 – Based on 5yr CAGR

25 September 2024

Long-term stock investments usually involve holding onto stocks for several years or even decades. This approach helps investors weather economic ups and downs while benefiting from the market’s general growth over time. By investing for the long term, people can take advantage of compounding growth, which can really boost their savings. Long-term stocks are important …

Biocon Biologics’ Phase 3 Trials Highlight Interchangeability and Biosimilarity in Psoriasis Treatments

Biocon Biologics’ Phase 3 Trials Highlight Interchangeability and Biosimilarity in Psoriasis Treatments

25 September 2024

On September 25, 2024, Biocon Biologics Ltd (BBL), a subsidiary of Biocon Ltd, shared new dermatology findings at the European Academy of Dermatology and Venereology (EADV) 2024 Congress in Amsterdam.  Data from two key Phase 3 clinical trials confirmed that adalimumab and adalimumab-fkjp can be used interchangeably. The studies also highlighted the biosimilarity of bUstekinumab. …

ECOS (India) Mobility & Hospitality Reports 14% Revenue Growth in Q1 FY25

ECOS (India) Mobility & Hospitality Reports 14% Revenue Growth in Q1 FY25

25 September 2024

ECOS (India) Mobility & Hospitality Limited announced its unaudited financial results for the quarter ended June 30, 2024. The company’s Revenue from Operations reached ₹1,489 million for Q1 FY25, reflecting a year-on-year growth of nearly 14% compared to ₹1,306 million in Q1 FY24.  EBITDA, excluding other income, stood at ₹207 million for Q1 FY25, slightly …

Max Estates Partners with NYL to Boost Real Estate Expansion

Max Estates Partners with NYL to Boost Real Estate Expansion

25 September 2024

On September 24, 2024, Max Estates Limited announced that it had successfully completed a deal with New York Life Insurance Company (NYL).  NYL has acquired a 49% stake in Max Towers and Max House (Phase I & II) by investing ₹391 crore. This is an important step in their partnership. Both properties are operational commercial …

Mazagon Dock Begins Production of First Cargo Vessel for Denmark’s Navi Merchants

Mazagon Dock Begins Production of First Cargo Vessel for Denmark’s Navi Merchants

25 September 2024

Mazagon Dock Shipbuilders Ltd (MDL), a Navratna defence public sector undertaking (DPSU), has started the production of its first Multipurpose Cargo Vessel (MPV) for Navi Merchants, a Denmark-based company.  The plate-cutting ceremony, marking the beginning of the project, was attended by Mr Simon Christensen, CEO of Navi Merchants, as the Chief Guest, along with MDL’s …

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