On Tuesday, the Indian benchmark indices concluded the trading day on a notably positive note, with the Sensex losing by 0.04% to close at 76,456, and the Nifty rising by 0.02% to finish at 23,264. The broader market also experienced gains, as the Nifty Mid-Cap closed higher by 0.85%, and the Nifty Small-Cap soared by …
On Tuesday, the market experienced a sharp decline in the last hour of trading. The Sensex marginally declined by 0.04% to close at 76,456.60, while the Nifty slightly gained by 0.02% to close at 23,264.60. Among the sectors, Nifty Media, Nifty Realty, and Nifty Auto were among the top gainers, while Nifty Pharma, Nifty FMCG, …
On June 11, 2024, HCLTech, a big tech company, shared news about its increased partnership with Deutsche Apotheker- und Ärztebank eG (apoBank), the biggest cooperative bank in Germany. HCLTech will now provide apoBank with managed services focusing on achieving specific results. These services will ensure that apoBank can offer its customers fast, secure, and high-quality …
During Tuesday’s trading sessions, these three equities gained significantly with price and volume activity, indicating potential bullish action. Here’s an in-depth look. Rajshree Sugars & Chemicals Ltd Rajshree Sugars & Chemicals Ltd experienced a significant surge, currently trading at Rs 74.58, marking a 20.00% increase from the previous close of Rs 62.15. The stock saw …
Cash flow growth is a critical metric that measures the increase in the amount of cash generated by a business’s operations from one period to another. A positive cash flow growth indicates that a company is generating more cash than it was previously, which can lead to several advantages like enhancing company’s ability to meet …
On June 11, Krishna Institute of Medical Sciences Limited finalised an agreement to invest ₹1,02,00,000 by acquiring 10,20,000 Equity Shares with a Face Value of ₹10/- each in Meda Institute of Podiatry Private Limited. The entity being acquired, Meda Institute of Podiatry Private Limited, belongs to the Healthcare Industry. Details of the Acquired Entity Meda …
On June 11 2024, Gopal Snacks Limited launched a new product, “Korean BBQ”, within the wafers category under the brand name “Cristos”. The Korean BBQ Wafer is crafted to provide a distinctive snacking encounter. It fuses the robust, smoky tastes reminiscent of traditional Korean barbecue with the delightful crispiness of a wafer. Geared towards youthful …
Public Sector Undertakings (PSUs) in India have witnessed a remarkable turnaround in recent years, reflecting a robust performance and renewed investor confidence. Three years ago, the market capitalisation of PSU companies listed on the BSE Index stood at Rs 18,19,521.46 crores. This figure has surged by 231.32%, reaching Rs 60,28,419.82 crores, indicating a significant revival …
In a significant move strengthening defence ties between India and the UAE, Adani Defence & Aerospace, a key player in India’s defence and aerospace sector, has signed a landmark cooperation agreement with EDGE Group, a leading conglomerate in advanced technology and defence based in the UAE. The agreement, finalized on June 11, 2024, sets the …
The affordable housing finance sector in India is emerging as a significant opportunity, driven by a substantial demand for low-cost housing among the country’s rural and middle-class populations. Despite the promising potential, the sector has experienced varied performance over the past year. This article will explore the reasons behind this, analyse specific companies within the …
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