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Zomato Ltd Received Service Tax Notice

Zomato Ltd Received Service Tax Notice

2 April 2024

On April 01, 2024, the online food delivery service provider Zomato Ltd announced that it had received an order passed by the Commissioner, Adjudication, Central Tax, Delhi. The order includes the demand of service tax of ₹92,09,90,306, along with applicable interest (not quantified) and penalty of ₹92,09,90,306 for the period October 2014 to June 2017. …

Upper Circuit Stocks Today – 02 April, 2024

Upper Circuit Stocks Today – 02 April, 2024

2 April 2024

On Tuesday, the benchmark indices were trading in the green with the Sensex up around 35 points or 0.05% at 74,015, while the Nifty-50 up around 9 points or 0.02% at 22,465. About 2,371 shares have advanced; 707 declined and 101 are unchanged on the BSE. Top gainers and losers on the BSE Sensex index: …

India Cements: Navigating Financial Challenges Amidst Industry Turbulence

India Cements: Navigating Financial Challenges Amidst Industry Turbulence

2 April 2024

India Cements, a stalwart in the cement manufacturing sector of the Indian subcontinent, is embarking on a strategic financial manoeuvre to secure its operational and expansion goals. With plans to raise a substantial ₹750 crore through bonds, the company has positioned itself at the nexus of industry challenges and forward-looking capital investments. This decision, orchestrated …

Share Market Pre Open Updates – April 2, 2024

Share Market Pre Open Updates – April 2, 2024

2 April 2024

On April 01, 2024, the Nifty 50 and  Sensex rose by 0.61% and 0.49% to 22,462 and 74,014, respectively. Smallcaps and Midcaps outperformed, with the indices rallying up to 3%. Foreign Institutional Investors (FIIs)  sold securities worth around ₹522 crore, while Domestic Institutional Investors (DIIs) bought securities worth ₹1,208 crore. Top Gainers and Losers On …

Top 2 Stocks to Watch Today

Top 2 Stocks to Watch Today

2 April 2024

On Thursday, the Nifty opened 157 points higher and reached a new high of 22,619 in early trade but immediately began drifting lower. It sank to the day’s low of 22,304, which could act as a key support moving forward. Nifty recovered most of the losses in the last couple of hours to close 80 …

Small-cap hidden gem rallies over 8% after securing multiple orders!

Small-cap hidden gem rallies over 8% after securing multiple orders!

1 April 2024

Today, the GE Power India share price zoomed over 8.52%, with the company’s current market capitalization standing at Rs 1,935.82 crore. Share Performance: On Monday, the stock opened at Rs 273.75, with the previous closing being Rs 265.35. The 52-week high and low are Rs 323.95 and Rs 98.90, respectively. Recent Development: GE Power India …

Swing Trading Stocks: Price and Volume Breakout Stocks to Watch Out For

Swing Trading Stocks: Price and Volume Breakout Stocks to Watch Out For

1 April 2024

The Nifty commenced the April series and FY25 on a robust note, reaching a new pinnacle of 22,530, even as volatility dwindled to its lowest point in three and a half months. Media and Realty sectors stole the spotlight, closely followed by Metal, while Auto and FMCG sectors ended the day with marginal setbacks. Market …

Technical Picks to Keep an Eye On: Vijaya Diagnostic Centre and TVS Motor

Technical Picks to Keep an Eye On: Vijaya Diagnostic Centre and TVS Motor

1 April 2024

Vijaya Diagnostic Centre and TVS Motor are identified as upside potential stocks based on technical analysis. Both stocks have displayed promising structures and technical setups, including price volume contraction and the potential to bounce back and breakout. Currently trading at Rs 657.95 and Rs 2,139.65 respectively, their price aligns with positive signals from technical indicators …

Top 3 stocks trading below Rs 100

Top 3 stocks trading below Rs 100

1 April 2024

These three equities’ volume gained significantly during Monday’s trading sessions, indicating potential bullish action. Here’s an in-depth look. Indian Overseas Bank Ltd  The stock of Indian Overseas Bank saw a significant increase in price and volume, indicating heightened trading activity. This bounce back indicates stock price may start to rise again with higher volume on …

Top 5 Small-Cap Stocks to Watch in April 2024

Top 5 Small-Cap Stocks to Watch in April 2024

1 April 2024

Superb Monday: It’s a sea of green on D-Street as the Sensex and Nifty have rallied nearly 0.50% on Monday. However, the performance by the broader market indices is noteworthy, with Nifty Mid-cap and Small-cap jumping 1.51% and 2.73%, respectively. Considering the outperformance by the broader market, the advance-decline stands firmly in favor of advances, …

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