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Stocks to Watch on November 13, 2024: Hyundai, Nykaa, Sula Vineyards and More Will be in Focus

Stocks to Watch on November 13, 2024: Hyundai, Nykaa, Sula Vineyards and More Will be in Focus

13 November 2024

Indian shares are likely to be impacted by weak global trends on Wednesday. GIFT Nifty futures last indicated a decline of 73 points, trading at 23,887.  On Tuesday, the BSE Sensex fell 820.97 points, closing at 78,675.18, and the NSE Nifty50 dropped by 257.85 points to settle at 23,883.45. Stocks to Watch on November 13, …

Waaree Energies Share In Focus; Trump’s Comment on Renewable Energy Projects

Waaree Energies Share In Focus; Trump’s Comment on Renewable Energy Projects

12 November 2024

On November 11, 2024, In his victory speech, President-elect Donald Trump stated that he would halt renewable energy projects on his “first day” in office. Waaree Energies US Solar Expansion Plans At present, numerous major Indian companies export solar modules to the US. Waaree Energies also generates a portion of its revenue from US exports …

Hyundai Motor India Q2 Results: 16% Profit Drop

Hyundai Motor India Q2 Results: 16% Profit Drop

12 November 2024

Hyundai Motor India Ltd recently announced its financial results for the second quarter of FY25, revealing a decrease in both net profit and revenue. This decline reflects the effects of challenging market conditions and global factors. This is Hyundai Motor’s first earnings report following its listing on the Indian stock exchanges, sparking interest in the …

Bonus, Stock Split, and Interim Dividend Likely: Bharat Global Developers Hits Upper Circuit

Bonus, Stock Split, and Interim Dividend Likely: Bharat Global Developers Hits Upper Circuit

12 November 2024

On November 12, Bharat Global Developers Ltd. (BGDL) saw a remarkable surge, hitting the upper circuit limit of 5% on the Bombay Stock Exchange (BSE). This upward movement follows several strategic announcements that underline the company’s commitment to enhancing shareholder value. Here’s a breakdown of the developments that could be driving this bullish sentiment. Proposed …

Welspun Corp arm sells 5% stake in associate entity for about Rs 480 crore

Welspun Corp arm sells 5% stake in associate entity for about Rs 480 crore

12 November 2024

Welspun Corp. Ltd., a $5 billion company that has ventures in Pipe Solutions and Building Materials, has worked on some of the most difficult projects in the world, including the longest, heaviest, and deepest pipelines in the world. WCL has ventured into a state-of-the-art greenfield facility in Anjar, Gujarat, to manufacture ductile iron (DI) pipes …

Vedanta plans to invest $500 mn in display glass maker AvanStrate Inc

Vedanta plans to invest $500 mn in display glass maker AvanStrate Inc

12 November 2024

Vedanta Limited is an Indian multinational mining company headquartered in Mumbai, with its main operations in iron ore, gold, and aluminium mines in Goa, Karnataka, Rajasthan, and Odisha. Vedanta is planning to invest $500 million in AvanStrate Inc To increase its focus on research and development, manufacturing capacity, and product offerings, Anil Agarwal’s mining conglomerate …

Unicommerce to Acquire Shipway In Phased Equity And Cash Deal

Unicommerce to Acquire Shipway In Phased Equity And Cash Deal

12 November 2024

Founded in 2012, Unicommerce is the biggest e-commerce enablement software as a service platform in India in terms of revenue for the fiscal year that concluded on March 31, 2022. It allows brands, sellers, and logistics service providers to manage their e-commerce operations from start to finish.  Shipway’s 100% ownership will be acquired by Unicommerce …

Top Gainers of the Day – Trent, Sun Pharma, HCLTech and Infosys Lead on November 12, 2024

Top Gainers of the Day – Trent, Sun Pharma, HCLTech and Infosys Lead on November 12, 2024

12 November 2024

On November 12, 2024, Indian stock market indices, the BSE Sensex dropped by 1.03% to close at 78,675.18. The Nifty50 on the other hand, fell by 1.07% closing at 23,883.45. Out of the 50 stocks in the Nifty50 index, here are the top gainers for the day:  Stock Name Symbol Last Trading Price (₹) % …

Top Losers of the Day – Britannia, BEL, NTPC, Asian Paints, and HDFC Bank on November 12, 2024

Top Losers of the Day – Britannia, BEL, NTPC, Asian Paints, and HDFC Bank on November 12, 2024

12 November 2024

The benchmark indices, BSE Sensex and NSE Nifty50, both closed over 1% lower on November 12, 2024, finishing in negative territory.  The BSE Sensex ended at 79,496.15, down by 9.83 points or 0.01% from the previous day. Throughout the session, it traded between a high of 79,820.98 and a low of 78,547.84. Similarly, the NSE …

EV Stocks: Popular Stocks in EV Software, Batteries, Components, Infrastructure and Manufacturing

EV Stocks: Popular Stocks in EV Software, Batteries, Components, Infrastructure and Manufacturing

12 November 2024

India’s electric vehicle (EV) industry is booming, driven by government support, growing awareness about environmental issues, and advancements in technology. Programs like the FAME scheme (Faster Adoption and Manufacturing of Hybrid and Electric Vehicles) aim to boost EV use, setting India on a path towards greener, more innovative transportation. India has ambitious targets for EV …

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