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Markets Turn Optimistic for Godrej Consumer: Decoding The FMCG Powerhouse

Markets Turn Optimistic for Godrej Consumer: Decoding The FMCG Powerhouse

25 April 2024

Godrej Consumer Products Limited(GCPL), a publicly traded entity with a market capitalization of Rs.1,23,817 Crores, operates within the fast-moving consumer goods (FMCG) sector. The company specializes in the manufacturing and marketing of a wide range of household and personal care products. Markets Bullish On April 25, the stock of Godrej Consumer Products Limited rose by …

ITC Sets a Date To Discuss Hotels Biz Demerger

ITC Sets a Date To Discuss Hotels Biz Demerger

25 April 2024

Shares of The FMCG Giant, ITC Ltd. are going to gain traction as the company has set June 6th at 10:30 AM as the date and time for the shareholders meeting for the approval of the proposed demerger of the hotel business, ITC Hotels which was made last year. Demerger Proposal ITC approved the Scheme …

Why Markets Have Turned Bullish On Coal India?

Why Markets Have Turned Bullish On Coal India?

25 April 2024

Coal India Ltd.’s share price has risen more than 90% in a year. As strong demand and rising production have improved earnings outlook and have led to gains for Coal India share price, analysts are expecting more than a 15% upside for Coal India share price from these levels also. What Are The Reasons for …

A Comparative Analysis of Stock Splits in FY24

A Comparative Analysis of Stock Splits in FY24

25 April 2024

In FY 2024, approximately 94 stock splits were declared and executed among companies with a market capitalization exceeding Rs.500 crores. Out of these, 44 were completed. The data shows that 30 stocks registered positive returns following the split, whereas 14 experienced declines. A stock split generally makes shares more affordable, thereby altering the risk-reward ratio …

Nestlé India and Dr. Reddy’s Collaborate to Expand Nutritional Health Solutions

Nestlé India and Dr. Reddy’s Collaborate to Expand Nutritional Health Solutions

25 April 2024

On April 25, 2024, Dr. Reddy’s Laboratories Limited informed the stock exchanges that Nestlé India and the company are to form a joint venture to take the health science nutraceutical portfolio to consumers across India and other agreed territories. Details of the Partnership Nestlé India Limited and Dr. Reddy’s Laboratories Ltd announced that they have …

Indian Stock Market Enters Election Mode: Low Volatility but Muted Trading

Indian Stock Market Enters Election Mode: Low Volatility but Muted Trading

25 April 2024

Fear Gauge Hits Record Low as Investors Anticipate Stable Election Outcome Indian equity markets are currently experiencing a period of low volatility, with the India VIX, a key measure of market risk expectations, plunging to a record low on Tuesday. This 20% tumble reflects investor confidence in the ruling party retaining power and a recent …

Brigade Signed Agreement to Develop IHG Hotel in Hyderabad

Brigade Signed Agreement to Develop IHG Hotel in Hyderabad

25 April 2024

On April 25, 2024, Brigade Group, through an exchange filing, announced that it had signed a management agreement with IHG Hotels & Resorts, a global hospitality company to debut the InterContinental brand in Telangana − InterContinental Hyderabad Neopolis. InterContinental Hyderabad Neopolis is likely to open in 2029, and this newly constructed hotel is expected to …

EaseMyTrip and Adani Digital Labs Collaborate for Seamless Duty-Free Shopping

EaseMyTrip and Adani Digital Labs Collaborate for Seamless Duty-Free Shopping

25 April 2024

On April 25, 2024, Easy Trip Planners Limited informed the stock exchanges that the company’s flagship brand, EaseMyTrip, partnered with Adani Digital Labs to offer exclusive duty-free shopping benefits. Details of the Partnership One of the leading travel tech platforms in India, EaseMyTrip.com, has entered into a strategic partnership with Adani Digital Labs (ADL) to …

Divis Laboratories Announces Major Capacity Expansion

Divis Laboratories Announces Major Capacity Expansion

25 April 2024

It’s a wild day in the Indian stock market on the eve of April Futures & Options (F&O) series expiry, with major indices swinging up and down. But amidst this turbulence, there’s one sector standing tall—Nifty Pharma. The pharma index has edged up by 0.42%, and one stock that’s caught everyone’s attention is Divis Laboratories …

Indus Towers At The Center Of Discussion As Vodafone and Airtel Sparks Stake Talks

Indus Towers At The Center Of Discussion As Vodafone and Airtel Sparks Stake Talks

25 April 2024

Indus Towers is one of the largest telecom tower companies in the world, with over 185,000 towers across India. It was founded in 2007 as a joint venture between Bharti Airtel, Vodafone, and Idea Cellular. Negotiations were reportedly underway for Bharti Airtel, India’s second-largest telecom operator, to acquire the 21.05% equity stake held by UK-based …

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