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Why are Defence Sector Stocks Appealing to Investors?

Why are Defence Sector Stocks Appealing to Investors?

18 June 2024

With one of the greatest armed forces in the world, India is strategically significant to the Indian government. The Indian defence sector has three primary market segments: military fixed wing, naval vessels and surface combatants, and missiles and missile defence systems. For the past five years, India has been one of the biggest importers of …

RateGain with NYU and HEDNA Creates a Report For Benchmarking the State of Distribution

RateGain with NYU and HEDNA Creates a Report For Benchmarking the State of Distribution

18 June 2024

RateGain Travel Technologies Limited (RateGain), a leading provider of AI-powered SaaS solutions for travel and hospitality, announced the release of a groundbreaking report titled “The State of Distribution for 2024.” Collaboration for Industry Insight This first-of-its-kind report is a collaborative effort between RateGain, the NYU School of Professional Studies Jonathan M. Tisch Center of Hospitality …

Confidence Petroleum India Launches 5 New CNG Stations in Bengaluru

Confidence Petroleum India Launches 5 New CNG Stations in Bengaluru

18 June 2024

On June 18, 2024, Confidence Petroleum India Limited (CPIL) announced a significant milestone in its efforts towards promoting clean energy solutions with the launch of five new Compressed Natural Gas (CNG) stations in Bengaluru. This expansion brings CPIL’s total network of CNG stations in the city to 40, marking a substantial stride in bolstering sustainable …

Mahindra Lifespace Developers Targets ₹8,000-10,000 Crore Sales by FY 2027-28

Mahindra Lifespace Developers Targets ₹8,000-10,000 Crore Sales by FY 2027-28

18 June 2024

Mahindra Lifespace Developers Ltd, a Mumbai-based realty firm, aims to significantly boost its annual sales of residential and industrial properties to between ₹8,000-10,000 crore by the fiscal year 2027-28, driven by increasing demand. In the previous fiscal year, the company achieved sales of residential and industrial spaces amounting to ₹2,698 crore, up from ₹2,268 crore …

Piramal’s Stock Rallies for 9 Days with News of Breaching The Rs.50,000 crore AUM Milestone

Piramal’s Stock Rallies for 9 Days with News of Breaching The Rs.50,000 crore AUM Milestone

18 June 2024

Primal Enterprises outperforms the sector by 2.63% with a 3.13% increase in its stock price on 18 June 2024. The company’s share price has been performing remarkably with a gain streak for the past 9 days. The leading Non-financial Banking Company in the large-cap industry has generated over 20.29% increase in returns during this period.  …

These 3 Stocks from BSE 500 Jumped Over 5% Today; Do You Own Any?

These 3 Stocks from BSE 500 Jumped Over 5% Today; Do You Own Any?

18 June 2024

The benchmark index S&P BSE 500 opened today at 35,248.66 and made its day high at 35,274.93, and it is trading in green today, up by more than 0.30%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 5% today. PNB Housing Finance …

Surging Cargo Volumes Propel Adani Ports to Global Market Value Leader

Surging Cargo Volumes Propel Adani Ports to Global Market Value Leader

18 June 2024

Adani Ports & Special Economic Zone Ltd. (Adani Ports) has recently marked a significant milestone, with its market capitalization soaring to approximately $37 billion. This remarkable growth has allowed Adani Ports to surpass its peer, Beijing-Shanghai High Speed Railway Co. The company’s inclusion in India’s benchmark S&P BSE Sensex Index is anticipated to sustain this …

RSI Over 90: Defence Stock HAL, Tata Group Stock, and 13 Others

RSI Over 90: Defence Stock HAL, Tata Group Stock, and 13 Others

18 June 2024

Indian Equity Markets: A Strong Comeback Indian equity markets have staged a strong comeback since the vote counting day on June 4, hitting record highs day after day. This remarkable rally has showcased the resilience and optimism in the market, driving both benchmark and broader indices to new heights. Record-Breaking Performance On Tuesday, the NSE …

Vodafone Idea Outlines Borrowing Plan to Stay Competitive in India’s Telecom Race

Vodafone Idea Outlines Borrowing Plan to Stay Competitive in India’s Telecom Race

18 June 2024

Vodafone Idea Limited (Vi), the country’s 3rd -largest mobile network operator, has presented a detailed debt-raising plan to its lenders. This move comes after Vi recently addressed a key lender concern by securing ₹24,000 crore in equity capital. Seeking Funds for Network Upgradation Vi has proposed a two-pronged approach to secure the necessary capital expenditure …

BLS E-Services to Acquire Majority Stake in ASPL

BLS E-Services to Acquire Majority Stake in ASPL

18 June 2024

On June 17, 2024, the Board of Directors of BLS E-Services Limited approved the decision to enter into a share purchase agreement in their meeting. BLS E-Services Limited will acquire a 55% equity stake in Aadifidelis Solutions Private Limited (ASPL) and its affiliates, becoming a subsidiary of the Company. ASPL operates in the financial services …

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