Telecom Revolution in India India’s telecommunications sector is currently valued at Rs 3,000 billion and is projected to grow at a robust CAGR of 7-9% by FY 24. Fuelled by progressive policies and a friendly investor environment, India has become a hub for global telecom manufacturing, showcasing substantial growth in service revenue over the years. …
Today, the broader indices, NSE Nifty50 and BSE Sensex, ended the day in the red. The Nifty50 closed at 22,032, marking a decline of 65.15 points or 0.29% compared to the previous day’s closing level. Meanwhile, the BSE Sensex concluded at 73,128.77, reflecting a decline of 199.17 points. Among all the stocks listed on the …
During Tuesday’s deals, the shares of Rail Vikas Nigam Limited zoomed by 3.43%. Additionally, the stock hit a fresh 52-week high mark of Rs 231.80 apiece on BSE. Furthermore, the scrip witnessed a massive spurt in volume by more than 2.83 times. The company’s current market capitalisation is Rs 46,600.20 crore. Recent development: The company …
We regularly use and incorporate numerous products from various brands into our daily lives, many of which have become indispensable elements of our existence. Among these products, certain items develop an emotional connection with us. Even if we encounter alternatives with similar advantages at a more favourable cost, our inclination often leans towards emotionally attached …
These three equities gained significantly during Tuesday’s trading sessions, indicating strong bullish action. Here’s an in-depth look. South Indian Bank Ltd South Indian Bank has recently demonstrated a notable volume-price breakout, accompanied by a 52-week high breakout. Currently valued at Rs 29.85, the stock has experienced a significant surge in trading activity. The breakout is …
With price volume support, Kwality Pharmaceuticals and Life Insurance Corporation of India have strong bullish breakout potential. The stock prices have displayed inverse head & shoulder and a consolidation breakout and are presently trading at Rs 471 and Rs 893. The breakout corresponds to the RSI, ADX, and other technical analysis indicators. Kwality Pharmaceuticals Ltd …
At 1 pm, Capri Global Capital shares were trading at Rs 913.25, up by 12.17% from its previous closing of Rs 814.20 on the BSE. Developing Insurance platform Capri Global Capital has unveiled its strategy to develop an innovative insurance platform designed to optimize the Corporate Agency License issued by the Insurance Regulatory and Development …
L&T Construction’s Railways arm has secured a massive contract to build the electrification system for the Mumbai-Ahmedabad Bullet Train project. This order, awarded by a Japanese agency, spans 508 km and marks the first time India will implement Japan’s Shinkansen High-Speed Electrification technology. The order is expected to be worth about Rs 15,000 crore. About …
It’s only a fortnight into 2024, but the companies are disrupting the market with their Q3 FY2024 results. With the Israel War, the shipping fiasco, and the global recession tensions, Q3 FY2024 was sandwiched with geopolitical and economic concerns. But still, the Indian market stood strong, achieving historical milestones in the past quarter. But what …
About the agreement BLS International Services’ (BLS) wholly owned subsidiary, BLS International FZE, UAE, has entered into a definitive Share Purchase Agreement to acquire a 100% stake in iData Danismanlik Ve Hizmet Dis Ticaret Anonim Sirketi (iDATA) and its wholly owned subsidiaries for an Enterprise Value of Euro 50 million (Rs 450 crore) and additional …
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