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RBI Governor’s insight at world economic forum at Davos

RBI Governor’s insight at world economic forum at Davos

18 January 2024

In a straightforward and impactful address, Governor Das touched upon key aspects of India’s macroeconomic stability, financial resilience, and transformative journey in the fintech and payments ecosystem. Macroeconomic Stability Amidst Global Uncertainties  Governor Das began by highlighting the challenging global macroeconomic environment. Despite uncertainties, India’s economy showcased confidence and optimism. With real GDP growth surpassing …

Top 3 breakout stocks trading below Rs 100

Top 3 breakout stocks trading below Rs 100

18 January 2024

These three equities gained significantly during Thursday’s trading sessions, indicating strong bullish action. Here’s an in-depth look. Vascon Engineers Ltd Vascon Engineers Ltd exhibits a compelling technical setup. The stock has demonstrated a Price Volume Breakout, signifying a strong bullish sentiment. Furthermore, it is currently trading above all key moving averages, reinforcing the positive outlook. …

Breakout stocks of the day: Shemaroo Entertainment and HBL Power Systems

Breakout stocks of the day: Shemaroo Entertainment and HBL Power Systems

18 January 2024

With price volume support, Shemaroo Entertainment and HBL Power Systems have strong bullish breakout potential. The stock prices have displayed symmetrical triangle and ascending triangle breakout and are presently trading at Rs 189 and Rs 478. The breakout aligns with positive signals from technical indicators such as RSI, ADX, and other key metrics, reinforcing the …

Super investor Dolly Khanna shops a 1.13% stake in Ujjivan Financial Services

Super investor Dolly Khanna shops a 1.13% stake in Ujjivan Financial Services

18 January 2024

Ujjivan Financial Services is registered with the Reserve Bank of India as an NBFC-MFI under the category of Non-Banking Financial Company Micro Finance Institutions. The company’s stock is one that you should keep on your radar, as a significant name has appeared in the shareholding of the company. Share Performance At the start of the …

Vijay Kedia Increases Stake in Vaibhav Global; Ashish Kacholia Also Owns 1.21% Stake in the Company

Vijay Kedia Increases Stake in Vaibhav Global; Ashish Kacholia Also Owns 1.21% Stake in the Company

18 January 2024

Vaibhav Global Limited (VGL), through its distinctive business model, has created a niche for itself in the global retail space, especially in the jewellery, accessories, and lifestyle product segments of two of the largest economies in the world, the US and the UK. The company’s stock is one that you should keep on your radar, …

Ashok Leyland bags new orders for 1,225 buses; upbeat quarterly numbers propel stock upward

Ashok Leyland bags new orders for 1,225 buses; upbeat quarterly numbers propel stock upward

18 January 2024

Ashok Leyland has secured a major order for 1225 buses from Karnataka State Transport Undertakings (KSRTC, NWKRTC, and KKRTC). This deal, valued at approximately Rs 522 crore, marks a significant win for the Indian commercial vehicle manufacturer. The order specifies the delivery of fully built, AIS 153-certified, BSVI-compliant Viking buses with advanced iGen6 technology and …

These 3 stocks from BSE 500 jumped over 5% today, 18 January 2024

These 3 stocks from BSE 500 jumped over 5% today, 18 January 2024

18 January 2024

The benchmark index S&P BSE 500 opened today at 30,668.72 and made its day high at 30,778.23 and it is trading in red today, down by more than 0.45% From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 5% today. Vaibhav Global Ltd …

Aarti Industries secures supply contract over Rs 6,000 crore; stock jumps over 6% today

Aarti Industries secures supply contract over Rs 6,000 crore; stock jumps over 6% today

18 January 2024

About the Contract  Aarti Industries Limited (AIL) has announced that it has signed a long-term contract to provide a speciality chemical to a multinational corporation. The contract entails supply over a period of four years and is anticipated to generate revenue of over Rs 6,000 crore for the company. The client is a member of …

Government to offload 3.5% stake in NHPC: Grab a piece at Rs 66 per share

Government to offload 3.5% stake in NHPC: Grab a piece at Rs 66 per share

18 January 2024

In a move towards promoting sustainable energy, the Indian government has set the stage for a significant stake sale in the renowned renewable energy giant, NHPC Ltd. Let’s break down the key details of this offer-for-sale (OFS) that could reshape the energy landscape. Government’s Green Move: The government is eyeing a 3.5% stake in NHPC …

Novoloop and Aether Industries ally to revolutionise plastic recycling

Novoloop and Aether Industries ally to revolutionise plastic recycling

18 January 2024

The world’s plastic problem weighs heavily. Mountains of discarded bottles and bags clog landfills and oceans, choking wildlife and polluting our environment. But what if this wasn’t just a waste crisis, but a hidden goldmine? That’s the audacious vision behind Novoloop’s revolutionary pilot plant in India, a beacon of hope in the fight against plastic …

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