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Market Movers: Here Are Today’s High-Volume Buzzers!

Market Movers: Here Are Today’s High-Volume Buzzers!

9 May 2024

Today, Indian benchmark indices reflected weak investor sentiment, marked by notable selling pressures in the capital goods, metals, and energy sectors. However, the BSE Auto Index stood out, reporting gains amidst the broader market downturn. At 10:50 am, the BSE Sensex plunged 0.70% reaching a level of 72,950. The Nifty 50 index tumbled 0.73% to …

Proximus Group Acquires Route Mobile, Expanding Global Digital Services

Proximus Group Acquires Route Mobile, Expanding Global Digital Services

9 May 2024

On May 8, 2024, Route Mobile announced on the stock exchange filing that it was acquired by the Proximus Group through a strategic acquisition. Proximus Group provides digital services and communication solutions in Belgium and other global markets. In July 2023, Proximus Group finalised a deal with Route Mobile’s founding shareholders to acquire 57.56% of …

Upper Circuit Stocks Today – 09 May, 2024

Upper Circuit Stocks Today – 09 May, 2024

9 May 2024

On Thursday, the benchmark indices were trading in the red with the Sensex down around 520 points or 0.72% at 72,948, while the Nifty-50 was down around 161 points or 0.72% at 22,141. About 1,444 shares have advanced; 1,901 declined and 179 are unchanged on the BSE. Top gainers and losers on the BSE Sensex …

These 3 Stocks from BSE 500 Jumped Over 5% Today; Do You Own Any?

These 3 Stocks from BSE 500 Jumped Over 5% Today; Do You Own Any?

9 May 2024

The benchmark index S&P BSE 500 opened today at 32,762.61 and made its day high at 32,762.61, and it is trading in red today, down by around 0.30%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 5% today. Jupiter Wagons Ltd Shares …

Tata Power Slumps Despite an 11.4% Jump in Net Profits

Tata Power Slumps Despite an 11.4% Jump in Net Profits

9 May 2024

Tata Power Company Limited is India’s largest integrated power company, The company reported its earnings for Q4 FY 2023-24 yesterday with a rise of 11.4% in the net profits, despite this jump in net profits the stock is currently trading down by -2.65% from its previous day closing price as the streets are thinking that …

Piramal Enterprises Looks To Merge With an Unlisted Housing Finance To Simplify Company Structure

Piramal Enterprises Looks To Merge With an Unlisted Housing Finance To Simplify Company Structure

9 May 2024

Piramal Enterprises Ltd (PEL) recently announced plans to merge with its subsidiary, Piramal Capital and Housing Finance (PCHFL), in response to RBI regulations mandating listing for major financiers. The company aims to complete the merger within a year, subject to obtaining the necessary approvals. This strategic move reflects PEL’s commitment to compliance and adaptation in …

Happiest Minds Technologies to Acquire USA-Based Aureus Tech Systems LLC

Happiest Minds Technologies to Acquire USA-Based Aureus Tech Systems LLC

9 May 2024

On May 9, 2024, Happiest Minds Technologies informed the stock exchanges that it signed definitive agreements to acquire 100% Membership interests of USA-based Azure native digital product engineering company Aureus Tech Systems LLC (Aureus). Aureus is a specialised Azure-centric digital product engineering firm, that emphasises digital transformation through AI, Data, and Application Modernisation. The company …

DLF Ltd’s DLF Privana West Reports ₹5,590 Crore Sellout Success

DLF Ltd’s DLF Privana West Reports ₹5,590 Crore Sellout Success

9 May 2024

On May 9, 2024, DLF Ltd informed the stock exchanges about the outstanding success of its latest luxury residential project, DLF Privana West. Within three days, the luxury residential venture reached an exceptional sellout valued at approximately ₹5,590 crore. Situated in scenic Sectors 76 and 77, this luxurious high-rise project covers approximately 12.572 acres (about …

PVR INOX Launches 7-Screen Multiplex in KOPA Mall, Pune

PVR INOX Launches 7-Screen Multiplex in KOPA Mall, Pune

9 May 2024

On May 8, 2024, PVR INOX Ltd informed the stock exchanges that they had opened a 7-screen multiplex in KOPA Mall, Pune. The cinema introduces the nation’s premier luxury cinema experiences, Director’s Cut and the immersive ICE Theatres®, making their debut in the West Region. This cinema boasts 5 Director’s Cut auditoriums, part of PVR …

Wipro and Kognitos Join Forces to Deliver Enterprise-Ready GenAI Business Automation Solutions

Wipro and Kognitos Join Forces to Deliver Enterprise-Ready GenAI Business Automation Solutions

9 May 2024

Wipro Limited, a leading global technology services and consulting company, announced a strategic collaboration with Kognitos Inc., a leader in Generative AI (GenAI) automation, on May 08, 2024. This partnership signifies a joint commitment to delivering innovative enterprise-ready business automation solutions powered by GenAI technology. Dual Collaboration: Strategic Partnership and Investment The collaboration encompasses two …

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